THIS DAY IN OUR PAST
The following events took place on October 24 in the years identified:
history once again. The unbeaten threeyear-old colt becomes the first thoroughbred in the 22-year history of Caymanas Park to complete the coveted Triple Crown when he romped the season’s final classic, the 14furlong Jamaica St Leger. Not since the legendary Mark Twain in 1950 has there been a local Triple Crown winner and that was during the halcyon days of Knutsford Park. Desnoes and
Limited agree to purchase from Guinness Overseas Limited, their shareholding in Guinness Jamaica limited, Vice-Chairman Paul Geddes announces. The 63.4 per cent shares, he says, is acquired at $1.09 per share. Geddes indicates that the company will continue to operate as an independent entity in the local market. Prime Minister
Seaga says that his newly reshuffled Cabinet is stronger and more oriented towards the problems of the people. Seaga is speaking at the swearing-in ceremony for six of the ministers and a parliamentary secretary at King’s House. Only new ministers are required to be sworn-in, except for Oswald Harding, who, although already being a minister without portfolio, had to take the oath as attorney, general, as required by the Constitution.
A Finnish company
to invest US$96 million to construct facilities for the mounting of a 72-megawatt barge on lands leased by JPSCo. in Old Harbour, St Catherine. The Finnish firm Wartsila Diesel Development Corp, acting through its Jamaican subsidiary, the Jamaica Energy Partners, signs a number of agreements with the Jamaican Public Service Company and the Ministry of Public Utilities, towards the construction of the power generating facilities. Specifically, the Finnish firm signs an implementation agreement with the Ministry of Public Service; a 20-year, power-purchase agreement and a lease agreement with the JPSCo; and a Government of Jamaica guarantee for the project.
–The Gleaner Archives