From: RAC Headquarters
Date: May 10, 1999
Subject: RAC Treasurer Watson Resigns
RAC Treasurer Watson Resigns
After taking office January 1 this year, John Watson, VE3GTX has
resigned his position as Treasurer of Radio Amateurs of Canada.
Like all RAC Executive Officers and Directors, the RAC Treasurer
is a volunteer.
Mr. Watson was appointed by Pat Doherty, VE3PD who himself resigned
two weeks ago. He assisted with Mr. Doherty's implementation of
cost-cutting measures to meet a decline in RAC membership and consequent
decline in revenues throughout 1998. Mr Watson's detailed budget has
been presented for 1999.
Following a significant loss in 1998, the RAC financial situation
is turning around, after a low at yearend.
Sincere thanks are extended to Mr. Watson for his contribution to RAC.
Doug Leach VE3XK
Radio Amateurs of Canada