Evening star., 1947-09-28

Ireceipted form. This will be posted
on precinct bulletin boards and not
only state the amount collected but
list the names of members who paid
or did not pay.
Another suggested rule would have
the financial secretary file writer
reports at monthly meetings. An
other practice that will be stopped
he said, Is the paying of dues
directly to the financial secretary
This has sometimes led to confusion
in accounts of precinct collectors
and in failure to give receipts, he
remarked.
Collectors Not Bonded.
The treasurer and the secretary
are bonded but the precinct col
lectors are not. Pvt. Fisher was
bonded for 81 900 only in connection
with monies he handled for the
District.
The Police Retirement Association
has operated somewhat along the
same lines in its financial account
ing, Capt Agnew said. 1t has 8
special auditing committee which
checks monthly returns by unit col
lectors and fiscal statements of the
treasurer. Nevertheless, precinct re-
turns are sometimes incomplete ano
in arrears, as was the case with
Pvt. Fisher, Capt. Agnew said.
The Retirement Associations dues
are 81 month for its approximately
1900 members. On retirement a
member in good standing receives
the equivalent of $50 a month fol
each month he contributed to the
fund. The approximately $125,o ,oot
now In the fund Is deposited in g
bank, and direct responsibility fol
its management Is vested in the
association president, financial sec.
retary, treasurer and trustees.
Capt. Agnew said the system has
not been wholly satisfactory so fal
as up to date accounting methods
are concerned. Accordingly, the as
sociation will undoubtedly require
stricter reporting and independent
| du0lUlilS IlIclIlOOS, lie Sdlu.
S49.70O Collected In 1916.
The Police Relief Association, ac.
cording to financial statement
and bylaws furnished by Capts
Lutz and Agnew, has the most rigid
| fiscal procedures of any of the
three organizations. 1t has more
than 2,700 members, including White
House Police and collected SAG, 700 In
So a month dues for men and 81 fol
women during 1916. Besides $424,-
TOO in Government bonds, it also
had $22, 2,277 in cash in the bank, and
the remainder Of the s453,578 in
vested in two building and loan as
sociations.
A three-member board of trustees
elected annually by the board OF
directors, is in general charge OF
fiscal matters. 1t arranges for the
yearly independent audit of all
accounts. 1t also examines all books
accounts and vouchers and prepares
an annual statement of receipts
disbursements and debts due the as
sociation. In conjunction with the
secretary treasurer, it has custody
of securities of the association. All
checks drawn by the secretary
treasurer are subject to counter
signing by the association president
and the chairman of the trustees
board.
The board Of directors consists of
one representative from each pre-
cinct, bureau or division of the
metropolitan department, the White
House Police, and the Retired Mems
Association. These directors are
elected annually in December by
ajority vote OF the members in
each unit or force.
The secretary-t treasurer and the
assistant secretary treasurer are
bonded for $4,000 each. The sec
retary- treasurer has direct RESPONSE
bility for receiving and depositing all
collections and paying all benefi-
ciaries by check. .-.
Can Drop Delinquents.
Members includes women as vel
as men Dut no one over 50 can JOlr
the association. The bylaws re.
quire "punctual payment of all dues
and assessments" and provide that
member shall be dropped If he
falls more than 20 days behind
The designated collector in each
precinct or other unit is not bonded
AS compensation for his work he
is not required to pay dues. Capt
Lentz said the unit collectors were
not bonded because their prospec-
tive benefit payments would be
sufficient to cover any shortage.
Death benefits are $500 in the
case of men and $3.50 in the case
of women.
Capt. Lentz said 81 1,102 shortage
occurred in Relief Association ac-
counts in 1899