The first rule of the new golf competition was "The party winning the belt shall always leave the belt with the treasurer of the club until he produces a guarantee to the satisfaction of the above committee that the belt shall be safely kept and laid on the table at the next meeting to compete for it until it becomes the property of the winner by being won three times in succession". Eight golfers contested the event, with Willie Park, Sr. winning the championship by 2 shots from Old Tom Morris, and he was declared "The Champion Golfer of the Year".