
The Limerick Race Company held its annual meeting yesterday, and shareholders were delighted with the financial progress of the company. Under the chairmanship of Mr Delmege, the company has seen a remarkable turnaround. From barely making any dividends a few years ago, the company has now declared a dividend of approximately fifteen percent. This comes after significant investments to rebuild and reconstruct the Greenpark Course, which is now considered one of the best in Ireland.
The well-managed farm on the property also contributes significantly to the company’s revenue, generating nearly £800 per year. During the past year, the stakes paid amounted to £1,465 15s, with total receipts of £2,869 11s 8d. The various race meetings, such as the summer meeting, July holiday meeting, autumn meeting, and St. Stephen’s Day meeting, have brought in substantial revenue, contributing to the company’s success.
A vote of thanks was passed to Mr Delmege for his effective chairmanship, which has been instrumental in the company’s remarkable success. Shareholders and sports enthusiasts hope that the Limerick Race Company’s prosperity continues to grow in the years to come.
Limerick Echo – Tuesday 28 February 1905


