244 THE TURF 



Course where the horse is engaged. The notification of the death 

 of a horse shall be equivalent to a declaration of forfeit. 



Sale with Engagei7ients. — 91. When a horse is sold with his 



engagements, or any part of them, the seller cannot strike the horse 



out of any such engagements, but, on default of the purchaser, 



remains hable for the amount of the forfeits in each. 92. In all 



cases of sale by private treaty, the written acknowledgment of both 



parties that the horse was sold with engagements is necessary to 



prove the fact ; 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 Conditions " : — " 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 resold 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 racehorses, (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 cancellation 

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

 entries which have been made in the assumed shall be altered to the 

 real name of the owner. 



Partnerships. — 94. 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, 



