February 2013 by Charles Brecheisen

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.