6/7/83 ASA Council Minutes
Present: T. Lobl
(7 members) 2:00 p.m.
1. Minutes accepted
2. Secretary's report (read) - From now on, all bulk mailings should be done
through the Secretary's office.
3. Treasurer's report
Dr. Lobl noted that there are still accounting details outstanding
for the 1983 Annual Meeting, but he expects income to slightly exceed
expenditures. He stressed the need to solicit corporate donations now for
the next annual meeting, since corporations usually formulate their
budgets in July. It was agreed that it was the President's responsi-n
bility to solicit unrestricted donations from corporations. E. Steinberger
suggested a c~refully worded approach stressing recent concern over
the effect of toxic agents in the environment on male reproduction and
• . the expertise available in the Society.
It was moved and seconded that the treasurer be allowed to take the
endowment funds out of Merrill Lynch and put them into a money market
savings account. At the present time, he cannot withdraw less than
$500. The motion was unanimously approved (7 voting). Only the
interest from the endowment funds can be spent, not the principal.
This is how they are solicited.
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