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Support The MBS Motor Bus Society Endowment Fund The Motor Bus Society Library in Trenton, New Jersey, was named after our co-founder and moving spirit John P. Hoschek in 1990. In recent years the library has been reorganized, expanded and made infinitely more valuable by Library Director Tom Jones. We move now to secure the future of this singular asset. A major business at the April 2000 convention in Pittsburgh was to establish an endowment fund. A document will be prepared to define the fund and direct how it is to be invested and used. A governing board will be set up, and a trustee, to maintain the fund and act as treasurer, appointed. Tom believes that the time is ripe for the move, and so does the Editor. Gifts to the fund will be invested in Treasuries, insured Certificates of Deposit, or insured corporate bonds. The money invested will be used to either increase the fund or to cover library expenses when the Society's cash flow is inadequate. Most of it now goes to publishing our two magazines and sponsoring the two yearly conventions. Motor Bus Society members, too few in numbers, receive these twin benefits of membership, and we hope and believe that we are in the upper echelons of both quantity and quality. We urge two things. First, that members consider doubling their dues contribution in the next two years to make this a viable fund. Serious research is done in the John P. Hoschek Memorial Library. Tom Jones has made himself available to open the library to those who need to use it, a convenience that was not possible before it was reorganized. Any amount of money, sent at any time, from any member, is welcome. Second, each of us must try and recruit new members. While our treasury never quite runs out of gas, we do run on fumes sometimes. Dave Mackey, who runs our website, has pulled in quite a few new members. But it never ceases to amaze the Editor that so many bus and transit professionals have never heard of us. Many of us talk to these people at least some of the time. Hint: ask Freddy McGullam through the PO box or on the web to send you a few sample copies and application blanks to hand out to your friends in the industry. We can't be complacent. To be blunt about it, we lose too many members each year through the obituary columns. There will be more information on the Endowment Fund later, as soon as the papers are drawn up and approved. In the meantime, any donations you send in will find productive work to do. Donate Bus Memorabilia There is much bus-related research material potentially valuable to the Society that remains in private hands. The Motor Bus Society gladly accepts donations to its Library. Please remember that any such donations are tax-deductible. Also available for purchase from the Society are... |