HomeMy WebLinkAbout1960-11-07 MinutesMINUTES
OF
•
THE FIREMEN'S PENSION & RELIEF FUND
BOARD OF TRUSTEES
The regular meeting of the Board of Trustees of the Firemen's Pension
and Relief Fund of Fayetteville, Arkansas, was held in the City
Clerk's Office on Monday. November 7, 1960, at 4:45 P'. M.
Present: Chairman Mayor Guy E. Brown, Secretary George J. Davis,
Fire Chief Burl Skelton and Board Members: Ellis Poore, Bill Morris,
Arthur Caselman, and Doyle Morrison.
Absent: Treasurer Roy Nix.
The minutes of the regular meeting on Monday, October 3, 1960, were
read and approved.
The Secretary presented the authorization form to pay the October
Pensions.
Mr. Poore moved that the disbursements be allowed.
The motion was seconded by Mr. Morrison and upon roll call the
following vote was recorded: "Aye" Skelton, Poore, Morris, Caselman,
and Morrison. "Nay" None.
There being five "Ayes" and no "Nays", the Chairman declared the
motion passed.
The Secretary presented a Financial Report of the Firemen's Pension
and Relief Fund and it was noted there was a surplus in the Checking
Account of $2000.00, incl*ding Interest Receivable, over and above
• the pension disbursements until May 1, 1961.
After a brief discussion, Mr. Skelton moved that the Secretary be
and he is hereby authorized -and directed to purchase Savings and
Loan Stock in the amount of $2000.00 from the Springdale Savings &
Loan Association of Springdale, Arkansas.
The motion was seconded by Mr. Poore and upon 'roll call the following
tote was recorded: "Aye" Skelton, Poory, Morris, Caselman, and
Morrison. "Nay" None. There being five "Ayes" and no "Nays", the
Chairman declared the motion passed.
There being no further business, Mr. Poore moved to adjourn.
The motion was seconded by Mr. Morris and passed unanimously,
whereupon the Chairman declared the meeting adjournej.
APPROVED: S
MAYOV4T BROWN
ATTEST* -n CHAIRMAN
GE'002r /DAVIS, SECRETARY
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