19 the Albion Park Racecourse and its appurtenances, to the purchasers. This agreement is set out in full in Appendix C hereto. It has recently been varied by a further agreement dated 6th December, 1929, made between the same parties, which is also set out in full in the same Appendix.
The terms of this contract of purchase, which is still in course of performance, are fully dealt with elsewhere in this Report.
The racing track proper, which is circular in formation, with a straight of about one fur'long, is approximately one mile in circumference and is grass. Its width is sufficient to accommodate a considerable field of horses. Outside the track proper is a sand training track.
The course, which has hog been used for racing since 192_9., appears o Appohn- merits. have been divided into Paddock and Leger enclosures, each containing a small stand. At present the external fences are in some disrepair, ihe internal enclosure fences are lvracgically non-existent, and he stands are dilapidated. There are a considerable number of horse-stalls, in fair order, and a small otalisator house, greatly out of repair. Apart from the above and the running rM1 itself, which requires attention, here are practically no improvements on he property, and it would require a very considerable expenditure to equip the course with appointments suitable for racing. (c) The Bundaruba Racecourse. By proclamation issued on 10h February, 1890, under "The Crown Lands ct of 1884," certMn lnds t Bundmb were temporarily reserved nd �' placed uder he control o rustees s a rcecourse. The lands e situated in the County of Stanley, Prish of Ipswich, nd are shown on plan o survey, catMogue No. 1733-2106c. Their are is 93 cres 1 rood 14 perches. They rc still held on trust for rcecourse purposes. The present trustees re Messrs. John Cnty, Frank Arthur Cooper, Ptrick Monghn, nd Thomas Wall. By n agrecmcn d.ed 29h My, 1915, the hen trustees greed with John Wren .to permit him, or period of five years, to use and occupy the course fo ny number of dys which he might require or the purpose of preparirg for; and carrying out races hereon. The consider.ation was to be the payment by Mr. Wren of �15 for each race meeting to be held by him, wth a minimunI of �90 per annum. Itc also undertook, to insure the buildings, to keep existing improvements in repair, and o erect further improvements, but was not required to expend more than an average suni of �60 per annum. The trustees undertook to maintain the tracks and employ a caretaker and not to permit the use of the tracks for any purpose, except during one week prior to a race meeting. Provision was made to permit the trustees to allow racing dates to the Ipswich Amateur Turf Club and to any athletic Sports Club, but Wren was to have priority of days, except that Boxing I)ay was reserved for the Ipswich Amateur Turf Club. Excep on Boxing Day, the trustees were not to permit the Ipswich Amateur Turf Club to race on the course within seven days prior to a meeting conducted by Wren. , , , . � ' . This agreement gave Wren:an option of reneval for? a frt. her five years. This option has in f'acb be.en exercised from time to time. The latest agreement, dated'lOth June, 1925, is sill in. force and c'ontains a similar option.