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2017 Summerhill Stud Sale of Mares and Weanlings

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2017 Summerhill Stud Sale of Mares and Weanlings “As One Door Closes, Another One Opens…” There is never a good time to do this, more so as it involves the dispersal of the families that have brought international recognition to Summerhill. When our former stud manager John Slade, was assisting with our mating plans last July, he was charmed by the layered evolution of our broodmares through generations of the leading stallions Northern Guest, Home Guard, Liloy, Rambo Dancer, National Emblem, Fard, Kahal and Muhtafal, all of them “top ten” luminaries, several of them national champions in one category or another. While this is an emotional time for all of us, it’s an opportune one for our colleagues. Our good friend Graham Beck, laid the foundations for his stellar successes at Highlands and Maine Chance through his legendary “raids” on their stock, as well as those of the Noreen, Scott Bros. and Hartford studs. For our own part, the partnerships we’d assembled in 1987 were dispersed on their maturity in 1998, and we were left with just 26 mares on the farm; seven years later, through our re- investment in those families, we’d won the first of ten national premierships. Famously, the dams of Jet Master, Royal Chalice, Angus and Pierre Jourdan, among many others, were acquired right here, as was Varsfontein’s “Blue Hen”, Secret Pact. While Summerhill’s successes owe much to the stallions that’ve decorated our barn over the decades, it’s arguable that we’ve never been better served than in the outstanding young sprinter-milers currently doing duty here, Act Of War, Capetown Noir, Willow Magic and Linngari; they comprise the bulk of the covering sires in the catalogue. Of course, occasions like these represent a chance not only for our fellow prospective breeders to acquire quality breeding stock; history tells us that among the weanlings, there are likely to be some famous athletes, and this offering represents an irresistible opportunity for anyone wanting to get first bite at an elite racehorse of the future, or a speculative dip into a genetic “pipe” which has delivered up more championships than any other in modern times. That’s precisely how the celebrities Jet Master, Angus, Imbongi, Paris Perfect and Hear The Drums commenced their rise to stardom. If we can be of any help to you in traversing the catalogue or arranging accommodation, please feel welcome to phone me or my staff any time you wish. Either way, it would be a personal compliment to see you here on “Sale” day. Directions Summerhill Stud Sale of Mares & Weanlings – 14th May 2017 From Durban / Johannesburg • Follow the N3 highway towards Johannesburg. • Take the first Mooi River off-ramp from the N3. • Turn left after passing through the toll, then right at the petrol station. • Follow the Giant's Castle / Hartford House / Summerhill Stud signs through the village (passed Spar, left at the turning circle, right at the traffic light, over the bridge, left at the first 4-way stop, right at the second 4-way stop) to the west in the direction of Giant's Castle. • Approximately 2kms from the outskirts of the village (along Lawrence/Giant's Castle Road), you will arrive at Hlatikulu Road on your left, where there will be another Hartford House / Summerhill Stud sign. Turn left here. • Travel approximately 5km down Hlatikhulu Road and you will arrive at the Hartford House driveway on your right. • Enter through this gate where you will receive your map and Stable Plan. LIVESTOCK AUCTIONS [email protected] 2017 Summerhill Stud Sale of Mares and Weanlings School Of Excellence Summerhill Stud Mooi River – KwaZulu Natal Sunday, 14th May 2017 Commencing from 11am Tel: +27 (0) 33 263 1081 / [email protected] Catalogues Available at: www.summerhill.co.za or www.livestockauctions.net AUTHORISATION OF AGENT SUMMERHILL SALE OF MARES AND WEANLINGS – 14th MAY 2017 LIVESTOCK AUCTIONS [email protected] Jan Naude : 083 627 7917 Caroline Simpson : 082 552 6525 Marge Engelbrecht : 076 806 9660 Gentlemen, I, the undersigned, hereby appoint __________________________________ to be my AUTHORISED AGENT in all matters pertaining to the sale and/or purchase of horses at the above-mentioned sale to be conducted by your Organisation on _________________________. This authorisation is subject to a limitation of expenditure to the amount of Rand (ZAR) R___________________. I agree to be bound in all respects by all actions of the abovementioned Agent, acting on my behalf, including but not limited to: Execution of all documents pertaining to such sale or purchase; granting of security interests; receipt and disbursements of funds; waiver of rights under consignor’s contract; Conditions of Sale or Law; acceptance of goods; and right to make representations regarding any animal. I agree to pay for all horses purchased by said Agent on my behalf in accordance with the convenor’s Conditions of Sale as printed in the catalogue. I agree that this authorisation shall be revocable only in writing, such revocation to become effective only when acknowledged in writing by the Convenor of above-mentioned sale. Surname: First Name/s: ID /Passport No: VAT No: Physical Address: Postal Code: Postal Address: Postal Code: Tel Number: Mobile: E-Mail: Fax Number: Date: Signature: BUYER’S CARD APPLICATION/CREDIT REQUEST SUMMERHILL SALE OF MARES AND WEANLINGS – 14th MAY 2017 LIVESTOCK AUCTIONS [email protected] Jan Naude : 083 627 7917 Caroline Simpson : 082 552 6525 Marge Engelbrecht : 076 806 9660 INDIVIDUAL, COMPANY OR CLOSE CORPORATION Surname/Name of Organisation: First Name/s: ID/Passport / Registration No: VAT No: Physical Address: Postal Code: Postal Address: Postal Code: Tel Number: Mobile: E-Mail: Fax Number: Bank Name: Account Name: Branch: Account No: Purchase Facility Requested: R COPIES OF IDENTITY DOCUMENT/DRIVERS LICENSE IS REQUIRED UPON BUYER REGISTRATION The Applicant, by signing this buyer’s card application/credit request, acknowledges that he is aware of and fully accepts and has read and is bound by the terms and conditions of sale (“the Conditions”), as printed in the Catalogue for this Sale and in particular that: 1. ownership in any horse purchased will not pass until settlement in full of all amounts outstanding in terms of the Conditions; 2. the purchase price in respect of any horse will be payable “on fall of the hammer” unless credit facilities have been established with the convenor at least 10 days prior to the sale; 3. where credit has been granted, the balance is payable strictly within 28 calendar days of the sale. Overdue balances will attract interest at 2% per month from date of sale; 4. all horses purchased are “voetstoets” (as is); and 5. the purchase price excludes VAT. Signature of Applicant: Date: FOR OFFICE USE ONLY: Payment Terms Agreed: Buyers Card No: NOTE: THIS IS NOT AN APPLICATION FOR CREDIT AS ENVISAGED BY THE NATIONAL CREDIT ACT 34 OF 2005 LIVESTOCK AUCTIONS [email protected] Notes ______________________________________ ______________________________________ ______________________________________ ______________________________________ ______________________________________ ______________________________________ ______________________________________ ______________________________________ ______________________________________ ______________________________________ ______________________________________ ______________________________________ ______________________________________ Tel: +27 (0) 33 263 1081 / [email protected] www.summerhill.co.za AUCTION SALE (“the sale”) of thoroughbred horses by LIVESTOCK AUCTIONS (“the convenor”) CONDITIONS OF SALE AND PURCHASE (“the Conditions”) 1. INTRODUCTION 1.1. The Conditions shall be binding on every seller and purchaser of horses at the sale (“seller” and “purchaser” respectively). 1.2. Any entry made in the sales documents shall be: 1.2.1. prima facie proof of the sale and purchase of a horse in terms of the Conditions; and 1.2.2. deemed to constitute an acceptance of the Conditions by the seller and purchaser concerned. 1.3. For the purposes of this agreement: 1.3.1. “sale document” shall include any of the following documents: 1.3.1.1. completed and/or signed by or on behalf of the seller – an entry form; a reserve/valuation form; or any power of attorney or agent authorisation form; 1.3.1.2. completed and/or signed by or on behalf of the purchaser – a credit request; an application for a buyer’s card; an entry in the vendor roll; a sale’s invoice; a promissory note; or any power of attorney or agent authorisation form; 1.3.2. “auctioneer” shall mean the auctioneers appointed for the conduct of the sale; 1.3.3. “horse” shall mean a thoroughbred horse; 1.3.4. “sales ring” shall mean the ring through which the horses are paraded and sold; 1.3.5. “purchase price” shall be the amount bid by the purchaser in respect of the horse plus VAT thereon; 1.3.6. “the debt” shall mean the total amount owing by a purchaser in respect of the purchase of a horse and shall include but is not limited to, the purchase price, interest which accrues on the purchase price, insurance premiums, the cost of maintaining and stabling the horse, the amount paid in terms of 11.9 and all other amounts referred to in the Conditions; 1.3.7. “the shortfall” shall mean the difference, if any, between the purchase price realised at a sale contemplated in 11.3, and the amount of debt; 1.3.8. “NHRA” shall mean the National Horseracing Authority of Southern Africa; 1.3.9. “VAT” shall mean value added tax; 1.3.10. any reference to the “purchase price” shall be deemed, unless the context requires otherwise, to exclude VAT; 1.3.11. any reference to “vendor” in the conditions and/or the sale documents shall be deemed, unless the context requires otherwise, to be a reference to “seller”; 1.3.12. any reference to the seller, purchaser or auctioneer shall be deemed, unless the context requires otherwise, to include a reference to the respective agents, representatives and employees of the seller, purchaser or auctioneer; 1.4.
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