Manitoba Superhorse 50/50

Manitoba Superhorse 50/50

Members Rules & Regulations

  Jan.24/09 – Up-dated Feb 17/10

The Manitoba Superhorse 50/50 hosts a sale of weanlings, with half the sale revenue going to the administration of a 2 yr. old futurity. The futurity is only open to those weanlings that sold through the Manitoba Superhorse 50/50 sale. All weanlings must sell through the sales ring.  

MEMBERSHIP

Ÿ  All members of the Manitoba Superhorse 50/50 must be Manitoba residents.

Ÿ  Members are those who have paid their annual maintenance fees.

Ÿ  The club reserves the right to limit the number of members. (at present 35)

Ÿ  Each member is allowed 1 vote. 1 membership- 1 vote.

Ÿ  New members are required to pay the founder fee. ($1000.) A fee of $100. is due upon being put on the waiting list. Balance ($900.) is due within 10 days of notification of becoming a member.

Ÿ  All people on the waiting list will be sent a list of rules and regulations and the minutes from the meetings on a regular basis. Please supply the secretary with your e-mail address.

Ÿ  Upon receiving membership into the Manitoba Superhorse 50/50, a signing authorization form must be completed by the new member listing all people eligible to sell horses under this membership. This extends to only immediate family members residing in Manitoba. Forms will need club approval. Changes to the signing authority lists will necessitate club approval.  Membership in the Manitoba Superhorse 50/50 is not transferable.

FEE DEADLINES:

Ø  March 1- $100. Annual maintenance fee payable to Manitoba Superhorse 50/50..  

Ø  July 1- $100. Weanling guarantee payable to the Manitoba Superhorse 50/50.  $50.00 will be  refunded when the foal sells through the ring.                  

Ø   NOTE:  important change.  July 1^st is the final deadline for weanling guarantee’s. 

Ø  July 1- $100.- Advertising payment payable to the. Manitoba Superhorse 50/50.  Missing the deadline will result in the fee being doubled to $200.. Money to be taken off the sale of foals     if not paid by sale time.  If funds are not received by Dec. 31, then membership expires.

      NOTE: If the advertising copy is not received by August 1^st then NO add will be included in the   catalogue. All ads must be camera ready, if not, consignors will be responsible for the costs.

                                    Ad prices – full page -$125., ½ pg - $100., ¼ pg $50., bus. cards - $25.00

Ø  August 1-   Foal information for the sale catalogue is to be sent to the show secretary. Foal         information must be in by the Aug 1^st . Not receiving info by the deadline will result in no       information being entered for your foal and the consignment rebate will be forfeited.      Electronic filing of foal information is available. Stall and wristband information and           payment must be sent to the Wheatcity Stampede office on their form. The Manitoba            Superhorse 50/50 is responsible only for tack stalls that they will designate. Reimbursement   for weanling box stalls will be determined by the membership.

 SALE REQUIREMENTS:

Ÿ  The maximum number of entries allowed in the sale per member is four (4).

Ÿ   Foals must be born prior to June 15^th, to be eligible to sell in the MB 50/50 sale.

Ÿ   No foal with an over-bite (no occlusal contact between the upper and lower central incisors) will be allowed to sell. Foal in question will be inspected by the owner & two (2) members of the committee who will determine sale eligibility.

Ÿ   It is up to the membership to police themselves & if there is a complaint of health issues on the foal, it is to be brought to the attention of the executive & show directors. Their decision will be final. Directors for the show will include: arena director, sale director, rules & regulation director,  MRCA representative and President.

Ÿ   Foals may be substituted up to the time of the sale as long as there was information sent in originally by the deadline date. Original papers, transfer, catalogue number (#) of colt  being replaced & 2 copies of registration papers are to be in the office by Fri. 6:00 (of sale weekend)

Ÿ   Original papers & signed transfer on all sale foals must be in office by Fri. evening of sale weekend        or will forfeit consignment rebate. 2 copies of the papers must also be included - front & back.

Ÿ   Weanlings consigned must be solely in members name to sell, as per the authorization forms.

Ÿ  A $250. fee per weanling must be paid with the July 1^st weanling guarantee to the MB 50/50 if the        consignor is not the Breeder of record. On subs this should be paid as soon as information is sent.

Ÿ   Original papers must be present at the sale for the foal to sell.

Ÿ   Hair will be pulled for possible DNA purposes prior to the sale

Ÿ   A floor price of $500. per foal applies to the sale. Foals that don’t attain a $500. bid will automatically   be purchased by the consignor for $500..

Ÿ  All foals are sold with a halter and lead shank supplied by the Manitoba Superhorse 50/50.

Ÿ  All foals must remain on a shank and in control at all times in the sales ring.

Ÿ   In the event of an NSF cheque, the NSF cheque will be dealt with by the Manitoba Superhorse 50/50 membership.

Ÿ  US cheques will be accepted at the current exchange rate

  MEETINGS

Ÿ  Meetings  are set:  meetings are set for the 2^nd Wed. of  Mar., June, Aug., Oct., Nov., & the AGM will be set by the executive before Feb.1st.

Ÿ  $100. will be paid upon request to those who chair the following positions: advertising & catalogues, sponsorship, arena director, sales director,  web-site rep., Hospitality, President, Treasurer, & Secretary. These refunds need to be requested before Dec 31^st.

Ÿ  Motions put forth to the floor need unanimous approval. For all motions that don’t have unanimous approval, a second reading is required at the next mtg. Defeated motions don’t require a 2nd reading.

This does not apply at the AGM.

FUTURITY PAYOUT & CONSIGNOR AWARDS

Breakdown for payout for the futurity will be:

                                                 1^st -  28% of purse 11% split to

                                                 2^nd - 17% of purse 3% split to

                                                 3^rd - 14% of purse 3% split to

                                                 4^th - 11% of purse 2% split to

                                                 5^th -   9% of purse 2% split to

                                                 6^th -   7% of purse 2% split to

                                                 7^th -   5% of purse  1% split to

                                                 8^th -   4% of purse  1% split to

                                                 9^th -   3% of purse  1% split to

                                                10^th -  2% of purse

Breakdown of consignor award payout will come from 5% of the sale proceeds, split as follows:

           1^st- 30%, 2^nd - 25%,    3^rd- 20%,    4^th -15%,    5^th- 10%