HomeMy WebLinkAbout1963-07-01 Minutes•
MINUTES
OF
REGULAR MEETING OF THE BOARD OF TRUSTEES OF
FIREMEN'S PENSION & RELIEF FUND
The regular meeting of the Board of Trustees of the Firemen's
Pension & Relief Fund was held in the City Clerk's office on
Monday, July 1, 1963, at 4:45 P.M.
Present: Fire Chief Burl Skelton, Secretary George J. Davis, and
Board Members: Bill Harris, Bill Morris, Arthur Caselman,and
Doyle Morrison.
Absent: Chairman Mayor Guy E. Brown, and Treasurer Roy Nix.
In the absence of The Chairman Mayor Brown, Fire Chief Skelton acted
as Chairman Pro Tem.
The minutes of the regular meeting on Monday, June 3;9wb:ere read
and approved.
The Secretary presented the authorizationpay the June pensions.
Mr. Morris moved the disbursements be allowed. The motion was
seconded by Mr. Caselman, and upon roll call, the following vot9s
were recorded: "Aye" Skelton, Harris, Morris, Caselman, and Morrison.
"Nay" None.
There being five "Ayes" and no "Nays", the Chairman Pro Tem declared
• the motion passed.
Mr. Skelton reported that since E in G. Wagnon has transferred
from the Fire Department to the Police Department, he moved that
Mr. Wagnon be reimbursed the amount which he had paid into the
Firemen's Pension and Relief Fund.(or a total sum of $25.31)
The motion was seconded by Mr. Morrison and upon roll call the
following vote w recorde "Aye" Skelton, Harris, Morris,
"Nay" None.
There being five "Ayes"and no "Nays", the Chairman Pro Tem declared
the motion passed.
The Secretary reported that a surplus existed in the Pension and
Relief Fund at this time whereby an investment of $10,000 could be
made at the pleasure of the Board of Trustees.
After a brief discussion, Mr. Irlorrison move that the Secretary
be authorized to write the First Federal . 46an Association, Little Rock,
Arkansas, and the various Savings & Loan'Associations in Fort Smith,
Arkansas as to their insurance, interest rates, fleaatk., and that
the secretary be, and he is hereby authorized and directed to invest
the sum of $10,000 with the company shrawing the best investment.
The motion was seconded by Mr. Morris and upon roll call the following
vote was recon ded: "Aye" Skelton, Harris, Mgrris, Caselman, and
Morrison.
"Nay" None.
• There being five "Ayes" and no "Nays", the Chairman Pro Tem declared
the motion passed.
There being no further business, 111r. Morris moved to adjourn. The motion
was seconded by Mr. Harris and passed unanimously, whereupo the Chairman
Pro Tem d acedd the adjourned. ��
ATTEST APPROVED:A 6,SICPETARY FICHIE
' i LGGE TTO ,CHAIIMAN PRO TEM