Arizona republican., 1915-06-06
CLUB N or ES



 [ splendid strength; women of middle life whose family obligations have been lessened, or who have none at all. who would fill this place with distinction, but who would hesitate to serve the federation, because only. of financial circumstances Is it right that this should be so?
 With these things before me I prepared and submitted to the last convention the following plan, which was designed largely after that of the General Federation:
 A Proposed Plan to raise state fund of Five Thousand Dollars,
 Cs50OO) to be known as state Pre- sidents Travelling Fund.
 This fund shall be under the man agement of three trustees.
 These trustees shall be appointed by the executive board for a term of two t2), four (4), and six co years respectively, and the entire state shall have equal representation on this board by always having one trustee selected from the northern section. the central section and the southern section of the state respec- lively.
 These trustees shall organize their body by selecting one thereof as chairman. and enc as secretary treasurer. who shall have charge of the money and keep the accounts.
 No member of the executive com mittee shall serve on this board of trustees
 Until the endowment fund is com pleted there shall be field chair man, named by the executive com mittee. whose duty it shall be to solicit aid for this fund throughout the state which she shall turn over to the secretary treasurer of the fund.-
 The state federation at it's des- cretion, may require that the secre- tary-treasurer give bond to it suf ficient to cover the money in her possession
 Th;s fund must be invested in strictly legal securities, such as bonds of the United States; the several states; or large cities, or first mort gage on improved real estate.
 A vote of the three trustees IS necessary for any investment.
 Until the fund has reached the sum of two thousand dollars CS20OO) no interest accruing from the invest ment of the money is to be used. but all interest is to be added to the main fund. After it has reached the sum of two thousand ($20G0) the interest may he used by the pre- sident of the Arizona Federation as herein specified.
 Contributions from clubs and in- GividualS to the main fund shall be solicited until five thousand dollars (s5OOO) is reached. when it shall be finally closed.
 This principal of five thousand dol lars (S500O) is to form a perpetual trust fund, the interest of which shall he used by the president of the Arizona Stale Federation of Wo- mems Clubs in visiting the clubs O. the state one year. and in attend ing the biennial meeting each al- ternate year.
 The president shall render to the board of trustees an itemized ac- count of all money expended and used from this fund. and she shall observe ordinary economy and dis cretion in its use.
 All expense connected with the creation and management of this fund shall be taken from the fund. that it may be independent of, and no burden to the treasury of the State Federation.
 Clubs or individuals paying one hundred dollars CSIO0) shall have their names enrolled on the founders list
 Clubs or names paying fifty dol lars (S5O) shall have their names on the honor roll.
 April the first of each year to be known throughout the Federated clubs as Red Letter Day, upon which date each club shall endeavor to do something to assist this fund. ? Approved by the executive board June goth. 1915.
 This plan. you will notice was approved by the State Executive board. I did not ask the conven- ton to adopt the plan. believing the club women should have more time for it's consideration, and the oppor- tunity tc offer suggestions. But I did urge the creation of a fund. and after a thorough discussion the fol- lowing resolution was adopted:
 Whereas: The necessity of a pre- sidents travelling fund exists in our State Federation. and
 Whereas, our president, Mrs. Henry n. Ross has outlined a plan for raising the same, therefore be it