Written on the back of the photo:
1938. Four Lakes Ice Yacht Club annual banquet, held at Club Chanticleer, Middleton, WI. Fritz Jungbluth's ice yacht "The Fritz" won all four major ice yachting trophys in the same year (Grand Slam). Trophies in the foreground. I was Secty-Treas. of the club, standing far right back by the fireplace. Fritz Jungbluth is on my right." Fred Kaiser
The trophies pictured are still competed for at regattas. From the left the Northwestern Free For All, the Hearst International Trophy, the Stuart International Trophy, and the Northwest Class A Championship.