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MANUAL OF MODERN FARRIERY 



The notification of the death of a horse shall be equivalent to a declaration of 

 forfeit. 



Sale with Engagements. 



91. When a horse is sold with his engagements, or any part of them, the seller 

 cannot strike the horse out of any of such engagements, and, on default of the 

 purchaser, remains liable for the amount of the forfeits in each, but should the 

 horse, or his owner, appear in the Forfeit List, the seller may, at any time before 

 their names are removed from the list, strike the horse out of any engagement, if 

 he can by this means reduce his liability. 



92. Sales, with engagements, by private treaty must be registered to entitle 

 either seller or purchaser to avail himself of the conditions of the preceding rule ; 

 but when the horse is sold by public auction or claimed out of a selling race the 

 advertised conditions of either the race or sale are sufficient evidence. If certain 

 engagements only be specified those only are sold with the horse. 



NOTE. The following are known and recognised as " Lord Exeter's Con- 

 ditions" : 



"The horses are sold without their engagements, but the purchaser has the 

 right of running for any of them by paying half the stake, and in the event of the 

 horse winning, or being entitled to second or third money, one-third shall be paid 

 to the vendor, but the vendor reserves to himself the right of striking the horse 

 out of any race, in time to save a minor forfeit or discount, unless the purchaser 

 shall give notice that he wishes to run for any particular race, when he will 

 become liable for half the stake or forfeit. Horses purchased under Lord Exeter's 

 conditions cannot be re-sold under the same conditions without the written 

 consent of the original vendor." 



Assumed Names and Partnerships. 



93. An assumed name cannot be used unless annually registered, and the fee 

 paid. A registration continues effectual only during the current year. 



(i) A person cannot register more than one assumed name at the same time, 

 nor can he use his real name so long as he has a registered one. 



(ii) An assumed name may be changed at any time by registering a new 

 assumed name. 



(iii) A person cannot register as his assumed name one which has been already 

 registered by any other person, or the real name of any owner of race-horses. 



(iv) Any person who has registered an assumed name may at any time 

 abandon it by giving written notice at the Registry Office ; such notice of can- 

 cellation shall be published in the next Racing Calendar, after which all entries 

 which have been made in the assumed name, shall be altered to the real name of 

 the owner. 



94. Partnerships^ etc. All partnerships and the name and address of every 

 person having any interest in a horse, the relative proportions of such interest, 

 and the terms of any sale with contingencies, lease, or arrangement, must be 

 signed by all the parties, or their authorised agents, and lodged at the Registry 

 Office, or with the Clerk of the Course for transmission to the Registry Office, 

 before a horse sold with contingencies, or leased, or which is a joint property, can 

 be entered or start for any race, and the document shall state with whom the 

 power of entry or declaration of forfeit rests, and all partners shall be jointly and 

 severally liable for every stake or forfeit. No part owner shall assign his share 

 or any part thereof in a horse without the consent of his partners. A fee of 

 I sov. shall be paid on each horse, and all partnerships, sales with contingencies, or 

 leases, shall be published in the real or assumed names in the next available 

 Racing Calendar. Any termination or severance must be notified within fourteen 

 days to the Registry Office for publication, or a second fee will be incurred. 



Jockeys' Licenses, etc. 



95. (i) No jockey or apprentice shall, after the last day of the week in which 

 he shall have first ridden, ride in any race until he shall have obtained a license 

 from the Stewards of the Jockey Club. Such license must be applied for annually. 



