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NGB Dispute -- NJ Court Rules in Against USET (Again) BRREAKING NEWS - USET WITHDRAWS CHALLENGE (pg 2)

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  • Honorary ex oficio nominations (non voting) from various other countries are proposed

    I choose my friends for their good looks, my acquaintances for their good characters, and my enemies for their intellects. A man cannot be too careful in the choice of his enemies.
    Oscar Wilde (1854–1900)
    \"It\'s a funny thing about life: If you refuse to accept anything but the best, you very often get it.\" ---W. Somerset Maugham

    Comment


    • Move that the nominations be closed, seconded

      Nominations are closed; next order is election

      I choose my friends for their good looks, my acquaintances for their good characters, and my enemies for their intellects. A man cannot be too careful in the choice of his enemies.
      Oscar Wilde (1854–1900)
      \"It\'s a funny thing about life: If you refuse to accept anything but the best, you very often get it.\" ---W. Somerset Maugham

      Comment


      • AB recognizes Gen. Burton and Jack Fritz who are present

        I choose my friends for their good looks, my acquaintances for their good characters, and my enemies for their intellects. A man cannot be too careful in the choice of his enemies.
        Oscar Wilde (1854–1900)
        \"It\'s a funny thing about life: If you refuse to accept anything but the best, you very often get it.\" ---W. Somerset Maugham

        Comment


        • Motion to elect the slate, seconded

          VOTE: Passes

          I choose my friends for their good looks, my acquaintances for their good characters, and my enemies for their intellects. A man cannot be too careful in the choice of his enemies.
          Oscar Wilde (1854–1900)
          \"It\'s a funny thing about life: If you refuse to accept anything but the best, you very often get it.\" ---W. Somerset Maugham

          Comment


          • Does anyone else not miss all the abstentions at every vote?
            Mal:This is the Captain. We have a little problem with our entry sequence, so we may experience some slight turbulence and then .... explode

            Comment


            • recognition of outgoing Dr Ray Cerniga
              Nothing says "I love you" like a tractor. (Clydejumper)

              The reports states, “Elizabeth reported that she accidently put down this pony, ........, at the show.”

              Comment


              • recognition of Axel Steiner
                Nothing says "I love you" like a tractor. (Clydejumper)

                The reports states, “Elizabeth reported that she accidently put down this pony, ........, at the show.”

                Comment


                • AB hands out "nice tiffany boxes," recognizes outgoing directors with thanks, notes those that stand down for a year

                  Three are present

                  Dr. Cerniga
                  Short speech saying it has been interesting, hopes he has made a contribution

                  David Garrett (from arabian div)"man of few words" - thanks

                  Col Axel Steiner - two terms on board - says he could give a long speech but won't, wishes "ALL OF YOU, GOOD LUCK, BECAUSE WE NEED IT."

                  I choose my friends for their good looks, my acquaintances for their good characters, and my enemies for their intellects. A man cannot be too careful in the choice of his enemies.
                  Oscar Wilde (1854–1900)
                  \"It\'s a funny thing about life: If you refuse to accept anything but the best, you very often get it.\" ---W. Somerset Maugham

                  Comment


                  • Meeting is adjorned

                    New board will be seated after brief break

                    I choose my friends for their good looks, my acquaintances for their good characters, and my enemies for their intellects. A man cannot be too careful in the choice of his enemies.
                    Oscar Wilde (1854–1900)
                    \"It\'s a funny thing about life: If you refuse to accept anything but the best, you very often get it.\" ---W. Somerset Maugham

                    Comment


                    • motion to adjourn

                      short break

                      then next meeting - new directors seated

                      I've got to catch my carpool so I will miss this meeting as I won't be home for an hour

                      thanks so much to Liverpool for giving us the run-down of events - I'll be reading up in the morning to see what I missed
                      Nothing says "I love you" like a tractor. (Clydejumper)

                      The reports states, “Elizabeth reported that she accidently put down this pony, ........, at the show.”

                      Comment


                      • SGray it is my pleasure, I owe you anyway for figuring out the new horse's parentage!!

                        <LOL, does that give you a hint?>

                        I choose my friends for their good looks, my acquaintances for their good characters, and my enemies for their intellects. A man cannot be too careful in the choice of his enemies.
                        Oscar Wilde (1854–1900)
                        \"It\'s a funny thing about life: If you refuse to accept anything but the best, you very often get it.\" ---W. Somerset Maugham

                        Comment


                        • not that you care - but quite famous background - tell him he's got a lot to live up to
                          Nothing says "I love you" like a tractor. (Clydejumper)

                          The reports states, “Elizabeth reported that she accidently put down this pony, ........, at the show.”

                          Comment


                          • Next meeting is opened with recognition for Linda Allen.

                            I choose my friends for their good looks, my acquaintances for their good characters, and my enemies for their intellects. A man cannot be too careful in the choice of his enemies.
                            Oscar Wilde (1854–1900)
                            \"It\'s a funny thing about life: If you refuse to accept anything but the best, you very often get it.\" ---W. Somerset Maugham

                            Comment


                            • AB notes conflict of interest statements must be renewed or completed -

                              Calls roll

                              Adopts rules of order etc

                              I choose my friends for their good looks, my acquaintances for their good characters, and my enemies for their intellects. A man cannot be too careful in the choice of his enemies.
                              Oscar Wilde (1854–1900)
                              \"It\'s a funny thing about life: If you refuse to accept anything but the best, you very often get it.\" ---W. Somerset Maugham

                              Comment


                              • movement to amend agenda

                                remove or amend point ten, (budget) defer to sat. meeting, also move development report to saturday

                                passed as amended

                                I choose my friends for their good looks, my acquaintances for their good characters, and my enemies for their intellects. A man cannot be too careful in the choice of his enemies.
                                Oscar Wilde (1854–1900)
                                \"It\'s a funny thing about life: If you refuse to accept anything but the best, you very often get it.\" ---W. Somerset Maugham

                                Comment


                                • Appointment of exec director:

                                  Lori Rawls

                                  Has been acting exec director since June 2000

                                  She and her staff is complimented for their achievements

                                  Move to approve - passes

                                  I choose my friends for their good looks, my acquaintances for their good characters, and my enemies for their intellects. A man cannot be too careful in the choice of his enemies.
                                  Oscar Wilde (1854–1900)
                                  \"It\'s a funny thing about life: If you refuse to accept anything but the best, you very often get it.\" ---W. Somerset Maugham

                                  Comment


                                  • Katriona Adams named as recording secy

                                    I choose my friends for their good looks, my acquaintances for their good characters, and my enemies for their intellects. A man cannot be too careful in the choice of his enemies.
                                    Oscar Wilde (1854–1900)
                                    \"It\'s a funny thing about life: If you refuse to accept anything but the best, you very often get it.\" ---W. Somerset Maugham

                                    Comment


                                    • Treasurers report:

                                      2 docs presented -

                                      forecast of balance sheet

                                      11/30/2002 sound, positive net worth for association

                                      summary report year end forecast 2002

                                      budget and finance committe
                                      revenues 14,575,000 ++ 150k fav. balance

                                      ops 12,870, 974 ++variance also

                                      Cash position is stronger now than it was last year

                                      Forecast vs. budget is unfavorable ($130K)

                                      However, this is not bad considering the expense of the NGB litigation ($600k?)

                                      portfolio is in good shape even in a poor market, unrealized losses should be viewed in light of the market and the gains realized

                                      I choose my friends for their good looks, my acquaintances for their good characters, and my enemies for their intellects. A man cannot be too careful in the choice of his enemies.
                                      Oscar Wilde (1854–1900)
                                      \"It\'s a funny thing about life: If you refuse to accept anything but the best, you very often get it.\" ---W. Somerset Maugham

                                      Comment


                                      • reviews audit schedule

                                        normally 2003 budget would be expected at this time however, given the circs this has been delayed til Saturday

                                        Final consideration will be on Sunday

                                        Kathy opens floor for questions

                                        I choose my friends for their good looks, my acquaintances for their good characters, and my enemies for their intellects. A man cannot be too careful in the choice of his enemies.
                                        Oscar Wilde (1854–1900)
                                        \"It\'s a funny thing about life: If you refuse to accept anything but the best, you very often get it.\" ---W. Somerset Maugham

                                        Comment


                                        • AB says that USOC characterizes the USAE balance sheet unfairly compared to the USET

                                          Notes that USAE has deferred revenue of $4.3 million (fiscal yr. ends November - this is recognized Dec 1)

                                          Notes that USET shows multi million dollar pledges, etc which are recognized without substantiation.

                                          Big difference in how these are characterized by USOC - and implies they should NOT be.

                                          Notes USAE has offered to fund an independent auditor to confirm the USAE's financial health. He has NO concern about the real health of the Fed's financial consideration, may be the strongest NGB of all

                                          I choose my friends for their good looks, my acquaintances for their good characters, and my enemies for their intellects. A man cannot be too careful in the choice of his enemies.
                                          Oscar Wilde (1854–1900)
                                          \"It\'s a funny thing about life: If you refuse to accept anything but the best, you very often get it.\" ---W. Somerset Maugham

                                          Comment

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