Proceedings 211th 2008 J. John Jones - Grand Chapter State of ...
Proceedings 211th 2008 J. John Jones - Grand Chapter State of ...
Proceedings 211th 2008 J. John Jones - Grand Chapter State of ...
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<strong>Grand</strong> High Priest <strong>John</strong> <strong>Jones</strong> called on Most Excellent Calvin G. Bond, for the Diseases<br />
<strong>of</strong> the Lungs Committee and Trustees report.<br />
(24)<br />
TRUSTEES REPORT - 2007<br />
To: The <strong>Grand</strong> <strong>Chapter</strong> <strong>of</strong> the <strong>State</strong> <strong>of</strong> New York, R.A.M.<br />
The Trustees <strong>of</strong> <strong>Grand</strong> <strong>Chapter</strong> continued in 2007, to uphold their responsibility <strong>of</strong><br />
vesting and securing the funds <strong>of</strong> the <strong>Grand</strong> <strong>Chapter</strong> and making, with the approval <strong>of</strong> <strong>Grand</strong><br />
<strong>Chapter</strong>, appropriate transfers <strong>of</strong> such funds. We changed advisors from HSBC <strong>of</strong> Rochester<br />
to the Schneeweiss Group <strong>of</strong> Wachovia Securities in the Spring <strong>of</strong> 2006.<br />
We have continued this year under a resolution enacted by <strong>Grand</strong> <strong>Chapter</strong> on March 1,<br />
2002, authorizing the services <strong>of</strong> a financial advisor.<br />
In an improved year for investments, the Funds increased in value by over 9%. The recapitulation<br />
<strong>of</strong> the several funds for the year ended December 31, 2007, is presented for<br />
your information by our <strong>Grand</strong> Treasurer at the end <strong>of</strong> this report.<br />
<strong>2008</strong>
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