[Board] Three issues to vote on
elb at psg.com
Tue Nov 21 21:46:40 EST 2006
Sean Egan spake unto us the following wisdom:
> I would actually like to change the incidental expenses proposal to
> cover expenses up to $50. It dawned on me on my drive home that bank
> fees for wire transfers at CharterOne cost us $33, and those should be
For the sake of correctness, I would like to point out that the final
wire fees were only $25, due to the awesomeness of our account.
However, I would suggest that rather than upping this amount, we say
something to the effect of:
Financial fees of unknown or unspecified amounts incurred through
board-approved transactions at financial institutions with which the
Corporation has a partnership are to be considered approved at the
time of the approval of the transaction, providing that the financial
fees do not exceed $50 or 5% of the transaction cost, whichever is
lesser. Financial fees exceeding this limit must be approved by the
board of directors before the transaction can be executed.
The laws that forbid the carrying of arms are laws [that have no remedy
for evils]. They disarm only those who are neither inclined nor
determined to commit crimes.
-- Cesare Beccaria, "On Crimes and Punishments", 1764
-------------- next part --------------
A non-text attachment was scrubbed...
Name: not available
Size: 189 bytes
Desc: Digital signature
Url : http://pidgin.im/pipermail/board/attachments/20061121/6aefec6c/attachment.pgp
More information about the Board