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MINUTES OF MACA ANNUAL MEMBERSHIP MEETING – 5/27/2013
President R. King called the Annual Membership Meeting to order at 9:00 AM at the Best Western Hotel in Marlboro, site of the 82nd Massachusetts Open. Nine people were in attendance: President Robert King, Treasurer Robert Messenger, Clerk Nicholas Sterling, Directors Stephen Dann, George Mirijanian, Marc Turgeon, Nathan Smolensky, and Walter Driscoll; and one additional MACA Member: Eric Godin. A quorum of thirty being required by the Bylaws, the meeting was inquorate.
President: R. King reviewed his term as outgoing President and discussed chiefly the history of his effort to set up a MACA Investment Committee to investigate stock and mutual fund investment strategies, and to have MACA select Scottrade as broker. R. King also expressed hope that there would be a larger number of MACA tournaments organized.
Election results were read by Elections Commission Member G. Mirijanian.
No. of ballots issued: 788
No. of ballots returned: 113
No. of valid ballots: 113
PRESIDENT: Nathan Smolensky of Brookline - 73 votes
Robert E. King of Plymouth - 39 votes
Blanks 1
VICE PRESIDENT: John Sadoff of Somerville - 59 votes
Marc Turgeon of Plymouth - 49 votes
Blanks 5
TREASURER: Bob Messenger of Nashua, NH - 103 votes
Blanks 10
CLERK: Nicholas Sterling of Needham - 95 votes
Steven Frymer of Lexington (write-in) - 1 vote
Blanks 17
DIRECTORS:
George M. Mirijanian of Fitchburg - 89 votes
Steven J. Frymer of Lexington - 85 votes
Richard C. "Doc" Kinne of Somerville - 85 votes
Walter A. Driscoll III of Cambridge - 80 votes
John Sadoff of Somerville - 75 votes
Marc Turgeon of Plymouth - 71 votes
Stephen A. Dann of Worcester - 66 votes
Robert E. King of Plymouth - 54 votes
Kenneth P. Belt of Concord - 52 votes
WRITE-INS:
Nathan Smolensky of Brookline - 13 votes
Mark Kaprielian of Framingham - 4 votes
Maryanne Reilly of Newton Centre - 3 votes
Kenneth Ballou of Framingham - 2 votes
Daniel C. Racine of Quincy - 2 votes
Donna M. Alarie of Rutland - 1 vote
Dmitry Barash of Brighton - 1 vote
Walter J. Champion of Wellesley - 1 vote
Christopher Chase of Somerville - 1 vote
John P. Elmore of Stratham, NH - 1 vote
Eric Fauman of Newton - 1 vote
Paul Felker of Quincy - 1 vote
Igor Foygel of Brookline - 1 vote
Margaret King of Amherst - 1 vote
Mikhail Perelshteyn of Swampscott - 1 vote
F. Alexander Relyea of Bedford, NH - 1 vote
James A. Rizzitano of Southborough - 1 vote
Daniel Sullivan of Medford - 1 vote
David E. Vigorito of Andover - 1 vote
Elections Commission: Walter Driscoll, Stephen Dann, George Mirijanian
Tellers: Walter Driscoll, Stephen Dann, Percy Yip, Donna Alarie, David W. Martin
Treasurer’s report was read by R. Messenger. He commented that Chess Horizons had not been published over the past year, but that the new Editor Doc Kinne was actively working to get the magazine out again this summer. There has been a Chess Horizons Reserve Fund, but it will be dissolved at the beginning of the new fiscal year.
(i) (1) Net income of the General Fund year-to-date this year as of 4/30/13: $3988.06 net gain. (2) Net income of the General Fund year-to-date last year as of 4/30/12: $1019.03 net loss. (ii) (1) Special Fund income year-to-date this year as of 4/30/13: $1048.37, with $508.27 dividends. (2) Special Fund income year-to-date last year as of 4/30/12: $3965.98, with $608.82 dividends. (iii) (1) Special Fund expenses year-to-date this year as of 4/30/13: $4338.16. (2) Special Fund expenses year-to-date last year as of 4/30/12: $2914.31. (iv) (1) Special Fund net income year-to-date this year as of 4/30/13: $3289.79 net loss. (2) Special Fund net income year-to-date last year as of 4/30/12: $1051.67 net gain. (v) Changes in Fund Balances: Year-to-Date: $698.27 net gain. (vi) Total Assets as of 4/30/13: $66074.08. (vii) Reserve for Chess Horizons Expenses: $9025.
Membership: B. Messenger read the 5/23/13 Membership numbers as follows: Adults 199 (-5); Junior 442 (+57); Life 213 (-2); Affiliate 3 (+1); Complimentary 1 (-3); D. Library 5 (=); D. Subscriber 20 (+11); Exchange 16 (=); Prison 273 (-7); Subscriber 10 (-10). Total change in Membership and Subscribers: +42.
Outgoing President R. King turned the Meeting over to Incoming President
N. Smolensky.
President N. Smolensky adjourned the Annual Membership Meeting at 9:30 AM. The date, time, and place for the June Board Meeting are Sunday 6/9/13 at 6:00 PM at the Papa Gino’s in Natick.
Respectfully submitted,
Nicholas Sterling, Clerk
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