Minutes of Roborough Investment Club - 19th May 1999
Meeting #1

Attendees: Geoff Floyd (acting Chair), Andy Davies, Alan Martin, Richard Albon, Dave Johnston, Les Watson

Apologies: None

1) Selection of officers

After a short discussion the group agreed to nominate the following people as officers of the club for the initial six months (until November'99), after which the group agreed to hold an election. Those gaining office at that time would hold the position until the AGM.

• Chairman: Richard Albon
• Secretary: Les Watson
• Treasurer: Geoff Floyd

2) Meeting venue and time

The group felt that although it would be convenient to meet at work it would be more appropriate to meet away from the workplace. After a short discussion the group agreed to meet monthly on the second Tuesday of the month in the LOPES pub in Roborough at 5pm.

3) Club Name

The group agreed to be known as the Roborough Investment Club

4) Subscriptions

The group agreed that the joining fee for each member would be £50 and that the regular monthly subscription fee of £30 would be collected by standing order on or before the 30th of the month.

5) Do we join the Proshare Investment Club (PIC)?

The group decided to postpone this discussion to the next meeting.

6) Agenda for next meeting

• Review minutes of previous meeting
• Review and agree investment club agreement
• Discussion as to whether we should join the PIC.
• Discussion about the groups banking arrangements.
• Review of investment strategy.
• Agenda for next meeting
• Date of next meeting

Next Meeting : 8^th June 1999

Actions

1. (GF) Provide a copy of the Investment club agreement to each member of the club.
2. (All) Review and collate information about saving accounts and stock brokers.
3. (All) E-mail secretary with home e-mail addresses.