The Laureate Stakes was a race for two-year-old Thoroughbred horses run at Morris Park Racecourse in Westchester County, New York from inception in 1896 through 1904.
[1][2] The racecourse was located in a part of Westchester County, New York that was annexed into the Bronx in 1895 and later developed as the neighborhood of Morris Park.
[4] On June 11, 1908, the Republican-controlled New York Legislature under Governor Charles Evans Hughes passed the Hart–Agnew anti-betting legislation with penalties allowing for fines and up to a year in prison.
[5] In spite of strong opposition by prominent owners such as August Belmont, Jr. and Harry Payne Whitney, reform legislators were not happy when they learned that betting was still going on at racetracks between individuals and they had further restrictive legislation passed by the New York Legislature in 1910 [6] that made it possible for racetrack owners and members of its board of directors to be fined and imprisoned if anyone was found betting, even privately, anywhere on their premises.
After a 1911 amendment to the law to limit the liability of owners and directors was defeated,[7] every racetrack in New York State shut down.