Greetings Altair Crew. Here is your monthly report for February 2013.
DUES: Yes, it's that time of the year........Dues are only $10 and that's quite a bargain. Please make out the check to:
Charles M. Brecheisen
248 Drifting Cloud
Holly Lake Ranch, TX 75765-6321
FINANCIAL: The Altair bank savings account was in several names including my deceased wife's name for ease of access in case something happened to me. To prevent any future situations, I closed the account and sent a certified check to board member Richard Stader, who will set up a new Altair bank savings account in Kenosha, WI. The check was for $5794.18.
The beginning cash-on-hand balance was $1686.14 with dues income of $200.00 and no expenses leaving a balance of $1886.14. The beginning bank savings account was $5792.95 with interest income of $1.23 leaving a balance of $5794.18. This money was transferred to Shipmate Stader. The total Altair savings is $7680.32.
When the Stader family returns to Kenosha, WI from FL, I will take $1000.00 of the cash on-hand monies and send to Shipmate Stader to put into the bank savings account. I do not need that much cash-on-hand for expenses (printing, stamps, labels, envelops, etc.)
For the time being, continue to send dues monies to me and I will forward to Shipmate Stader.
REUNION: Information will forthcoming shortly.