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HomeMy WebLinkAbout1959-09-08 MinutesMINUTES OF • THE FIREMEN'S RELIEF & PENSION FUND BOARD OF TRUSTEES The regular meeting of the Board of Trustees of the Firemen's Relief & Pension Fund of Fayetteville, Arkansas, was held in the City Clerk's Office on Tuesday, September 8, 1959, at 4:45 P. M. Present: Fire Chief Burl Skelton, Secretary George J. Davis, and Board Members: Doyle Morrison, Ellis Poore, Arthur Caselman, and Bill Morris. Absent: Chairman Mayor J. Austin Parish, and Treasurer Roy Nix. In the absence of Mayor Parish, Fire Chief Burl Skelton acted as Chairman. The minutes of the regular meeting on Monday, August 3, 1959, were read and approved. The Secretary presented the authorization form to pay the August pensions. Mr. Morris moved that the disbursements be allowed. The motion was seconded-7by- Mr. Poore and upon roll call the following vote was recorded: "Aye" Skelton, Morrison, Poore, Caselman, and Morris. "Nay" None. There being five "Ayes" and no "Nays", the acting Chairman declared the motion passed. The Secretary presented the application for a pension of Mr. Frank M. Brown, Fireman Retired, together with supporting evidence of his reti n'yA1��6'`gogrd that the app ation be accept a r Gam` m% . d� r be and b� hereby authd�o M. Brown Thirty Five 035.00) Dollars each month out of the Firemen s Relief & Pension Fund. The motion was seconded by Mr. Morris and upon roll call the following vote was • recorded: "Aye" Skelton, Morrison, Poore, Caselman, and Morris. "Nay" None. There being five "Ayes" and No "Nays", the acting Chairman declared the motion passed. Mr. Morrison moved to authorize the Secretary to present a certified letter to the Mayor and City Council requesting the appropriation of z mill tax levy as was allowed in the 1959 budget. The motion was seconded by Mt;cPoore and passed unanimously. Mr. Skelton reported on an opinion from the City Attorney which Mr. Morrison moved be inserted in the minutes. The motion was seconded by Mr. Morris and passed unanimously. The repottn reads as follows: City Attorney A. D. McAllister Jr., requested that I (Burl Skelton) report to the Board of Trustees of the Firemen's Relief & Pension Fund of Fayetteville, Arkansas, that he was unable to give a written opinion on the Board's request as to whether we could legally build a surplus fund with money to be accumulated from tax millage stating that the issue might involve most all city employees and he didn't wish to give a written opinion which might be wrong. He also indicated that he might contact the Attorney General's Office Bor an opinion but instructed that we go ahead as we had in the past as our request was so near to our liabilities that he didn't think thetsmall amount we had left over would make any difference afte$ it had been made a part of the Pension Fund and used according to the law -as has been done in the past. 41 0 • • -2- The Secretary reported that there was a little over $700.00 accumulated in the treasury of interest on investments and Firemen's contributions. Mr. Morris moved that the Secretary be and he is hereby authorised to invest $700.00 in First Federal Savings & Loan Stock. The motion was seconded by Mr. Caselman and upon roll call the following vote was recorded: "Aye" Skelton, Morison, Poore, Caselman, and Morris. "Nay" None There being five "Ayes" and o "Nays", the acting Chairman declared the motion passed. There being no further business, Mr. Morris moved to adjourn. The motion was seconded by Mr. Caselman and passed unanimously, whereupon the Acting Chairman declared the meeting adjourned. APPROVED: .- ? LD D/%��.o�.. FIRE CHIEF B/URLf SSKELTON ACTING CHAIRMAN.