Walter H. McClenon Fund

Sunday, January 18, 2015

Minutes of Special Meeting of the Trustees

The Special Meeting of the Trustees of the Walter H. McClenon Fund was held in cyberspace. The following Trustees participated in the meeting by conference call: Bob McClenon (President), Chuck McClenon (Treasurer), Carol McClenon (Secretary), Robin Alm, Lee McClenon. Five Trustees constituted a quorum.

The agenda of the Special Meeting was as follows:

1.         Approval of minutes for December meeting

2.         Any financial reports

3.         Any report of President

4.         Amendment to bylaws :     Proposal to amend bylaws to reduce number of Trustees from eleven to nine as of 1 April 2015 (if another Trustee is recruited, we can vote this proposal down)

The meeting was called to order at 4:10 p.m. EST by the President.

The Minutes of the Meeting of December 14, 2014 were unanimously approved.

There were no financial reports from the Treasurer.

There was no report from the President.

The proposed amendment to the bylaws (to reduce the number of Trustees from eleven to nine as of 1 April 2015) was rejected unanimously.

Carol agreed to provide a written report on the vote on the Charter Amendment. (This report is attached to these minutes).

The meeting was adjourned at 4:20 p.m.

Respectfully submitted,

Carol A. McClenon

Secretary