Manitoba Superhorse 50/50 - Members Rules & Regulations

   Updated January 2012                                                                

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

• All memberships of the Manitoba Superhorse 50/50 must be Manitoba residents and have a physical address in Manitoba.  Registration papers must be in the name of the membership with a physical address in Manitoba. 
• 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 with a physical address 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.
• Members are those who have paid their annual maintenance fees.
• The club reserves the right to limit the number of members. (at present 35)
• Each member is allowed 1 vote. 1 membership- 1 vote.
• 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 before the new membership is allowed to become a permanent voting Manitoba Superhorse Membership and allowed to put foals in to the futurity sale..
• 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.
• New members that are paid in full prior to July 1st can consign to that years sale, a max. of  four (4) foals.

FEE DEADLINES:
March 1- $100. Annual maintenance fee payable to Manitoba Superhorse 50/50.
July 1-  $100.  Weanling guarantee payable to the Manitoba Superhorse 50/50.
( An additional $250.00 per weanling guarantee if the member is not the breeder of record on the registration papers) $50.00 will be refunded when the foal sells through the ring.
The July 1st deadline is to establish the # of foals consigned to the sale. If the optimum # of 65 has not been obtained then more foals can be consigned only by members who have not reached their quota of four (4) foals.  All fees and information must be in by August 1st.
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 foal if not paid by sale time. 
NOTE: If the advertising copy is not received by August 1st then NO ad will be included in the catalogue. All  ads must be camera ready, ads that are not camera ready are subject to charges that will be billed directly to the advertiser from the company doing the catalogue or from the Manitoba Superhorse 50/50.
                                    Ad prices – full page -$125., ½ pg - $100., ¼ pg $50., bus. cards - $25.00

If any fees are not received by Dec. 31, then membership expires.

August 1-   Foal information for the sale catalogue is to be sent to the show secretary must be in by Aug 1st . Not receiving info by the deadline may result in no information being entered for your foal. Electronic filing of foal information is recommended.        

Wheatcity Stampede Stall information – www.mrcarodeo.com         
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. Consignors will be responsible for paying for their own weanling stalls.
 SALE REQUIREMENTS:

• The maximum number of entries allowed in the sale per member is four (4).
•  Foals must be born prior to June  15th , to be eligible to sell in the MB 50/50 sale.
•  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.
•  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. If the situation warrants, OBO can also be approached.
•  Foals may be substituted up to the time of the sale as long as the prior foal’s information was sent in 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)
•  Original papers & signed transfer on all sale foals must be in office by Fri. evening of sale weekend.  Consignors are required to bring 2 copies of the papers (fr & back).
•  Weanlings consigned must be solely in members name to sell, as per the authorization forms. An additional $250.00 fee per weanling must be paid with the July 1st weanling guarantee to the MB 50/50 if the Consignor is not the Breeder of record. On substitute entries this should be paid as soon as information is sent.
•  Original papers must be present at the sale for the foal to sell.
•  Hair will be pulled for possible DNA purposes prior to the sale
•  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.
• The #1 sale slot will sell as a “Wild Card”.
• All foals are sold with a halter and lead shank supplied by the Manitoba Superhorse 50/50.
• All foals must remain on a shank and in control at all times in the sales ring.
•  In the event of an NSF cheque, the NSF cheque will be dealt with by the MB 50/50 membership.
• US cheques will be accepted at the current exchange rate which will be decided upon at sale time.
  
  

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

• $100. will be paid upon request to those who chair the following positions: advertising, sponsorship, arena director, sales director, web-site rep., President, Treasurer, & Secretary. These refunds need to be requested before Dec 31st.
• 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.
• Time sensitive items, as defined by the president, do not require a 2nd reading at a regular meeting.

FUTURITY PAYOUT & CONSIGNOR AWARDS
Breakdown for payout for the futurity will be:
1st -  28% of purse 11% split to
2nd - 17% of purse 3% split to
3rd - 14% of purse 3% split to
4th - 11% of purse 2% split to
5th -   9% of purse 2% split to
6th -   7% of purse 2% split to
7th -   5% of purse  1% split to
8th -   4% of purse  1% split to
9th -   3% of purse  1% split to
10th -  2% of purse
Breakdown of consignor award payout will come from 5% of the sale proceeds, split as follows:
1st- 30%, 2nd - 25%,    3rd- 20%,    4th -15%,    5th- 10%