1990

A $20,000 Memorial Fund and a Children's Mural

Members met January 17 and kept Charlotte Malone as president; Toni Empringham withdrew from the election. The library closed January 15 to 20 for automated circulation and reopened January 23. On March 7 the board reported the Evelyn Harris Belasco Perpetual Memorial Fund at $20,671.22. It placed $20,000 in a CD, which earned 7.7%, and directed the earnings to library gifts. The board sent future December sale receipts to the general fund and commissioned a children's literature mural from Vicki Timmons for $925. In September it approved donation receipt forms and $170 for 400 history booklets. Timmons presented the mural December 7, and children's library assistant Arlisa Price thanked the Friends for the gift. Book sales brought $5,506.75 for the year, with $1,573 more from interim sales.

Drawn from: Hermosa Beach News — annual election and officers photograph; Newsletter — annual meeting and automated circulation closure; Minutes — Belasco fund objective achieved and mural commissioned; Minutes — Belasco investment, library allocations and 1991 sale dates; Minutes — library security, history booklet and mural progress; Minutes — mural dedication and Belasco transfer explanation; Cumulative financial report — four quarters through December 12, 1990; Library acknowledgement — children's mural gift.

Summary written by Claude from this year's records, for review by the board. Read every year.

1990 at a glance

Officers
President Charlotte Malone; Vice president John Hales; Treasurer Bill Malone; Corresponding secretary Bertha Dorsey (election record)
Raised and spent
Raised $9,333 and spent $9,312, including $8,689 for books, programs and equipment for the Library. Treasurer's report
Held at year end
$26,567: $5,551 in operating cash and $21,016 in named and invested funds (fund balances estimated), as of December 12, 1990.
Dues received
$218

From the Treasurer's reports, minutes and newsletters in this archive. The Exhibits chart every year together.

32 records from 1990