San Francisco November 28, 1912 – Sir Thomas Lipton’s challenge to race in the 23 metre class at the Panama-Pacific International Expedition regatta in 1915, has been accepted by a syndicate headed by Thomas L. Miller president of the West Coast Life Insurance Company.
The Challenge reads:
“On behalf of a syndicate, yet to be formed, permit me to accept your challenge for a race in the 23-metre class to be sailed here during 1915.”
“We will meet you with a boat designed under the International Rule, built and sailed by San Franciscans, and may the best boat win.”
This syndicate will be made up of 25 leading residents of the city. The boat will cost in the neighborhood of $75,000 and it will undoubtably be called “1915”
The challenge was presented to Sir Thomas Lipton at a luncheon, and he was delighted to learn that he would have a worthy competitor. Sir Thomas plans to bring a Shamrock here for that great event, whether it is the one that he will use in the International Race for the American Cup, or another one is still undecided.