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HomeMy WebLinkAbout1931-05-15 Minutes•- Meeting of the Board of Trustees,Fireman's Relief and Pension Fund,Fayetteville,Arkansas,held Mayl5,1931. • Present:Nayor T.S.Tribble,Clerk 11,Tm.F.Dunn,Clyde C!alters,Oscar Iaayes,Allen Strain. Minutes of previous meeting were read and approved. Secretary !'.m.F.Dunn made the following finiancial report for the previous year. Bal on hard May 1,1930 $1,189.49. Interest on B.&.L.Stock 228.27 Interest on B.&.L.Stock 246.00.• Interest on daily bal. 3.05.^ Interest on daily hq7.. 3.78.. 1931Check-State Audit 1 040.56. Total —!p v7 II elb . Fay.B.&L. Stock. -,.• Expenses. Dr. Eimberlingu4.50. Safety box rent1.50, 6.0• Pension -Jess Ffalters. 600.00. Pension -C. T.1.7inkleman. 300.00. Cash on hand. '210, 1,.05.7.5. Total , 'k 7lilba After discussion,it was decided that with interest from Building Loan Stock and cas%%left on hand that the Trustees cculd invest in 7 shares of fully paid :p stock in Fayetteville Building & Loan Co. A motion was made by Oscar Mayes,seconded by Clyde Walters that the Clerk and Chairman be authorized to purchase 7 shares of $100.00 each of fully paid Fayetteville Building & Loan Stock. Upon the questior • being put,it carried unaminously and was declared so ordered.?To further business being in order,the board adjourned. Approved; Chairman. Attest; Secretary. Meeting of the Board of Trustees of the Fireman's Pension Fund we.s held on Fridey April 8th,1932 with the follo:ving present.Chairman Mayor T.S.Tribbl.e, Secretary Wm.F.Dunn,and members Clyde Vlalters,A7len Strain, ar.d Cscar Mayes. Minutes of the last meeting as held on May 15,193 1 were read and approved by the unaminous vote of all members present. The Secretary then presented the following finiancial statement for the year. REC?IPTS. Balance on hand May 15th,1931 x$,1,105.15. Interest on B.& L.StockJune3011931 246.00. it it to to " Dec.22,1931 267.00. Time deposit.F.N.Bank7/1/1931 8.91. n " " it to 1/1/1932 4.20. State Auditor Check Apr.7,1932 943.19. DISBURSI;YFNTS. PENSIONS. Jess T"dalters 550.00. CeV! %r?inkleman 275.00• Safety Deposit box rent 1.50. Red Cross Drug Store-Serum 2.50. B.& L.Stock bought-7 shares4823 700.00. Balance on hand in cash April821932 $12045.45. After the secretary presented the required expenditure and known receipts fro the year 1932-19331a motion was made by Mr.17alters that the Trustees buy a•?"500.00 Veterns Hospital Bond to run for a period of from 15 to 20 years.Mr.Niayes seconded the motion.Upon the question being put before the trustees the same was unaminously passed and the Chairman so declared and instructed Mr.111alters and the Secretary MveDunn to make the necessary arrangements with the First Nation Bank for the purchase of the same. A motion was made by Mr.Walters and seconded by Mr. Mayes that the Firemans Pension Fund re-emburse the Fayetteville Fire Department the sum of $20.00 for money advanced to Mr.Burt Atkission when he was injured in making a run to a fire on Fast Spring, St. Tipon the question being put,it received the unaminous vote of the Trustees. The Fire siren adjourned the meeting ,when all Firema made a run to the Cardinal Drug Store on Dixon Street Attest: Approved: 0 Secretary. Chairman. Page 21, Meeting, of the Board of Trustees of the Fireman's Pension Fund was held on February 13,19 with the following oresant: Chairman, T S Tribble, Secretary Otoe Phillips„and members, Clyde Walters Allen Strainand Oscar MIiyes. Minutes of the last meeting as veld on April 8,1932 were read and approved 'by the unanimous vote of all members present. The Secretary stated that the balance on hand in First Savings Bank, Fayetteville, Ark., was 1641.73, Mr, Walters made a mot:ton which was seconded by b'r. Mayes that the Secret;ai^y be instructed to buy 1V500,00 worth of Fayetteville Building & Loan Assn stock. Upon the question being put before the meeting, the same Carri ed unanimously, and the Chairman so declared. There being no further business to be transacted a motion for ad,journmPt t was made by Mr, Mayes same being seconded by Mr. Strain, and the Chairman declared the a.eeting adjourned. Attest: Approved: Ne -c- a r v G saran 0