Re: Packard International Fiduciary Issues
|
||||
---|---|---|---|---|
Home away from home
|
The more modern generation doesn't understand it because the world of Packard, unlike most other collectibles, is still stuck in the 1980's.
Many of the strained relations with in the Packard world are the same i saw back in the late 80's and thru the mid-90's among other marques, but such strained issues have long since subsided for the other marquies. The Internet has served to provide a monumental flow of information.
Posted on: 2012/10/5 20:52
|
|||
VAPOR LOCK demystified: See paragraph SEVEN of PMCC documentaion as listed in post #11 of the following thread:f
packardinfo.com/xoops/html/modules/newbb/viewtopic.php?topic_id=7245 |
||||
|
Re: Packard International Fiduciary Issues
|
||||
---|---|---|---|---|
Home away from home
|
I have admired Packards for a long time. About five years ago, I decided that living in Alaska should not be a deterrent to owning and keeping one and I started gathering info to buy one. Early in that process I joined both PI and PAC. I did not renew my PI membership because I found that there is little useful information in the PI publication, the layout of the PI mag was irksome, and the PI mag is mostly just a venue for back slapping amongst their members. Not my cup of tea. I like PAC and especially this site because I can learn things, a lot of things, from folks who simply love Packards and share their knowledge and experience, and leave their egos out of it. But, that's just my opinion...
Mark.
Posted on: 2012/10/6 22:30
|
|||
|
Re: Packard International Fiduciary Issues
|
||||
---|---|---|---|---|
Just popping in
|
I am also a member of the now independent Packards of Oregon. I was very vocal in having our club leave PI and it had nothing to do with PAC. Here are a few FACTS. PI spent $5,250 by the PI Board's own admission to fund part of the expense of sending a private persons car to Europe, with no discussion with the larger membership. The PI Board allowed the News Counselor to lapse with no discussion with the membership and in fact continued for many months to list the newsletter as a benefit. PI sold club Projects with no discussion with the membership. Fact I have yet to see a Balance sheet that would show the real finances of PI just an operating statement. These issues have only to do with how the President and Board are operating PI. I simply disagree with the above and voted with the overwhelming majority of our members to leave PI
Posted on: 2012/10/13 16:59
|
|||
|
Re: Packard International Fiduciary Issues
|
||||
---|---|---|---|---|
Home away from home
|
Joe - you were sent a ballot as a courtesy to the founding members. This is how serious we took the vote.
Packards of Oregon has not applied for membership in the PAC. Some other issues is the PI board is self appointed board with no input from the regions who sits on it. I see the biggest reason for most members to vote to leave was the arrogance shown towards the Oregon region by PI when simple requests were not answered. It's amazing how much more responsive they became when they saw we were serious about leaving. My take on that is if it took us to having a succession vote for PI to finally respond, then why would we even consider staying. This is my .02
Posted on: 2012/10/15 1:58
|
|||
|
Re: Packard International Fiduciary Issues
|
||||
---|---|---|---|---|
Just popping in
|
Back in "the good old days" of P.I., when Fred and Carol Mauck were the ambassadors of the club, there was never an issue with P.I. Since the appointment of the new regime, the national (or "International") board has operated on their own agenda with no regard for the regions or their input. Since open elections are not held among the membership, this group has become firmly entrenched with little hope for change.
A larger issue is an "investment account" held by P.I. that contains over $200,000. Most members are unaware that this account even exists. A full accounting of this money is not included in the annual Operating Statement (which is not a complete year-end balance sheet) and some have asked whether loans have been made from this account and who on the board has access to the funds? No answer regarding this account has been offered by the P.I. board. What has this to do with enjoying Packards? Very little. Other than the fact that the P.I. members deserve to know how their dues are being used. This is but one of several issues that pushed the Oregon region to leave P.I. Following the Oregon Region's notice of dissolution, the P.I board sent a letter to the Region, revoking their charter (which has been held since 1974) and demanding that no mention of this controversy be made in any public forum (including PackardInfo.com) That the P.I. board deems itself more powerful than the U.S. Constitution and believes it can limit freedom of speech makes one wonder what they are so afraid of? An open dialogue is all that the Oregon Region ever wanted. P.I. felt otherwise. It's all very strange.
Posted on: 2012/10/15 3:58
|
|||
|
Re: Packard International Fiduciary Issues
|
||||
---|---|---|---|---|
Home away from home
|
Quote:
"investment account" held by P.I. that contains over $200,000." AND "... revoking their charter (which has been held since 1974)..." (2012 - 1974 = 38 years). ok. lets do a little arithmatic on this: $200K/38 years = $5200/year. If average dues over 38 years = $15.00/year then that averages about 350 members for every year since 1974 including ALL members of every region. So that mite answer where the $200K has come from???? Or did the $200K come from somewhere else????? Of course it also begs the question as to how much money is in each REGIONS investment account. If such a Region Investment Acount exists then where does that money go to upon divorcement from the NAtional board???
Posted on: 2012/10/15 6:36
|
|||
VAPOR LOCK demystified: See paragraph SEVEN of PMCC documentaion as listed in post #11 of the following thread:f
packardinfo.com/xoops/html/modules/newbb/viewtopic.php?topic_id=7245 |
||||
|
Re: Packard International Fiduciary Issues
|
||||
---|---|---|---|---|
Home away from home
|
I cancelled my local pi membership..not renewing pi also..fred and carol were great...pi has gone..ego..chosen few..staus is all the the packard is. Nothing written about repair..etc. Like was already said.
Posted on: 2012/10/16 14:33
|
|||
Riki
|
||||
|
Re: Packard International Fiduciary Issues
|
||||
---|---|---|---|---|
Forum Ambassador
|
..fred and carol were great...
Fred & Carol are STILL great, I spent some pleasant moments with them last week at Hershey where they share a flea market tent with Yesterday's Radio and have their usual wares for sale. Wonderful folks.
Posted on: 2012/10/16 18:34
|
|||
|
Re: Packard International Fiduciary Issues
|
||||
---|---|---|---|---|
Webmaster
|
Indeed Dave, great and helpful people.
Posted on: 2012/10/16 20:10
|
|||
-BigKev
1954 Packard Clipper Deluxe Touring Sedan -> Registry | Project Blog 1937 Packard 115-C Convertible Coupe -> Registry | Project Blog |
||||
|