Pledge/Prayer: President Bob Chase
Song: Bill McLaughlin
Brent's Flim/Flam: High hand of 3 aces won by Mat Rubin.
Raffle Winners: Bill Bernhart, John Donnelly and Walter Osborne.
Happy $s:
Keith happy for Paul Moore who was absent, attending his 45th reunion at the
Air Force Academy.
Joan Camire happy for birth of 2nd grandchild, another girl. She likes the little girls
since she had 3 boys.
Bill Suits - quicky joke "Son telling dad after coming home after a nite out with the family
car that he has good news and bad news. The good news is that the air bags works."
Many Happy $'s for the day.
Announcements:
Our exchange student sent us a thank you note for the use of a laptop, courtesy of
Mat Vogt.
Brent announced that the Black Hall golf outing is next Thursday, October 9th. Players
are to meet at Black Hall at 12 noon. Could use a couple more players, if interested
call Brent.
Sound Cleanup day is this Saturday, October 4th. We meet at 8:45AM at Founders
Park. Charlie says to bring gloves, tools for planting like a shovel and large plastic bags.
Bill Suits had an "Outreach Committee" meeting after the regular meeting.
Bill Bernhard talked about the fuel assistance program for our 3 towns.
Walter Osborne talked about the "Warm the Children" program that will be starting soon.
A few more 'buyers' are needed to assist the young shoppers, contact Walter if you
can help.
Jason talked about the Liberty Bank turkey drive where the bank matches donated funds
being collected, to buy Thanksgiving dinners for the needy. A few weeks of Happy $'s
may be contributed to this fine cause.
Peter Manley mentioned that the Landscape Project at the Old Lyme P.O. was done last
weekend by Interact students.
Charlie Norz talked about presenting the Dictionaries at schools in our 3 towns. If you'd
like to help, call Charlie.
Business Meeting:
John Donnelly conducted a budget review of the Foundation and Club budgets. There was
much discussion about the Foundation assets due to the financial situation most of the
country is in today. It was stated that the value of the assets 1 1/2 years ago was
approximately $623K, now it sits at an estimated $507K. The 7% rule was also
discussed. This being to limit spending to only 7% of the fund assets in any given year.
The theory being this limitation should carry us through both good times and bad. Bill
McLaughlin reminded the club to focus on the good the Foundation dollars provide. He
would like us to keep a positive view on this. The Foundation board will be meeting in
the near future to determine a course of action on these issue.
President Bob left us with a closing note that he recieved a letter from the Attorney
General's office about a donation to the O.S. Roatary Club in 2002. He cautioned
members to be prudent if called the the AG's office. You might end up in court
testifying about this issue. No one seemed to be able to identify what this donation
might be.
asl
