Windows 95 errors with a "vsndsys.386", "v930d.386" or "vsnd16d.386" file
indicate there are older Windows 3.1x drivers loaded in the system. 

1) Edit the "system.ini" file (Start -> Run -> "sysedit"). 

2) Remove any drivers in the that pertain to the sound card. 

   a) Look in the [386Enh] section for lines that read

        device=vsndsys.386
        device=vsnd16d.386
        device=v930d.386
      
      (Note: These lines may also include directory names.)

   b) Look in the [drivers] section for lines that read

        mixer=
        wave=
        midi=
        aux=

      and are set to "vsnd930.drv", "vsndsys.drv", "vsnd16d.drv" or 
      "mpu401.drv", etc.  These are not needed in Windows 95 and should
      be removed.