HomeMy WebLinkAbout1962-01-08 Minutes•
•
MINUTES'
OF
THE FIREMEN'S PENSION & RELIEF FUND
BOARD OF TRUSTEES'
The regular meeting of the Board of Trustees of the Firemen's Pension &
Relief Fund of Fayetteville, Arkansas, was held in the City Clerk's
Office on Monday, January S, 1962, at 4:45 P. M.
Present: Chairman Mayor Guy E. Brown, Secretary George J. Davis,
Fire Chief Burl Skelton, and Board Memberss Frank Johnson, Bill Morris,
Arthur Caselman, and Doyle Morrison.
Absent: Treasurer Roy Nix.
The minutes of the regular meeting on Monday, December 4, 1961, were
read and approved.
The Secretary presented the authorization form to pay the December
pensions. Mr. Skelton moved the disbursements be allowed.
The motion was seconded by Mr. Morrison and`upon roll call the
following vote was recorded: "'Aye" Skelton, Johnson, Morris, Caselman,
and Morrison. "Nay" None.
There being five 'Ayes" and no "Nays", the Chairman declared the
motion passed.
The Secretary reported that he had refunded the amount of Twenty -Three
Dollars and Ninety,Cents as authorized by the Board on
December 4, 1961., is -we he amount he had contributed to the Fund.
Mr. Skelton moved that the Secretary be and he is hereby authorized
to .cash X1000.00 of the $119000.00 now invested with the Fayetteville
Building & Loan'Association (thereby reducing the investment with
them to 6109000.00) and to invest the $1000.00 plus $2,500.00 Surplus
now in the checking account, in Savings Account Certificate with the
McIlroy Banking Co., Fayetteville,,Arkansas. (Total $3,500.00)
The motion was seconded by Mr. Johnson and upon roll call the following
vote was recorded: "Aye" Skelton, Johnson, Morris, Caselman, and
Morrison. "Nay" None.
There beingfive "Ayes" and no "N " the Chairman declared the
motion pased. AG4 Myvo R04" • 9.1 �96s-
There being no further business, Mr. Skelton moved to adjourn.
The motion was seconded by Mr. Morrison and passed unanimously,
whereupon the Chairman declared the meeting adjourned.
*4#0) IS, iECRETARY,
APPROVED*
�
MAY• &rBROWN
CHAIRMAN