HomeMy WebLinkAbout10/11/1960
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MINUTES OF THE MEETING
OF THE
BOARD OF COID~ISSIONERS
OF THE
FISBERS ISLAND FERRY DISTRI CT
Oot. 11, 1960
A speoial meeting of the Board of Commissioners was called by the Chairman and
held in the office of the Justice of the Peace, October 11, 1960 at 5:00 P.M.
Present were H. Lee Ferguson, Jr., A. R. Grebe, L. ~. Baldwin, Polly Edmonds,
L. O. Lamb and W. C. Sinclair, Manager - Secretary. Chairman Ferguson opened the
meeting called for the following purposes: 1. Marine Insurance Renewals. 2.
F. I. Teachers Association's letter regarding the elimination of the 7:30 P.M.
Sundays on the proposed winter schedule. Regarding the Marine Insurance the
firm of Allen, Russel & Allen quoted the following: Hull Insurance, limits of
$200,000, rate 1 7/8, Annual Premium $3750, Increased Walue Insurance, limits
of $50,000, rate .75, Annual Premium $375. On these two covera~es, Griswold & Co.
quoted as follows, Hull Insurance, limits of $200,000 rate 1 15/16 at Annual
Premium $3875, Increased Value Insurance, limits of.$50,OOO, rate .875, Annual
premium $437.50. Chairman Ferguson feels we should consider two aspects of the
insurance renewals: 1. Griswold & C~mpany's service to this District in the
past. 2. The dollar saving represented by Allen Russell & allen's quotation.
Comma Grebe tee1s that the time is too short and it would be better to let this
go for a year and then seek bids on all coverages. Comma Edmonds feels it isn't
fair at this time to consider the quotation of Allen Russell & Allen. She feels
that Griswold & Co. , Cleveland, Allen Russell & Allen and the McMann Price of
Long Island should be permitted to bid and it should be done this coming year.
Comma Baldwin feels we have had excellent service from Griswold &. Company. Comma
Edmonds stated that Allen Russell & Allen has insuranee with such public
institutions as the local School District, and the Fire District so it isn't as
if they were not represented on the local bisis. Comma Lamb stated that it
would be better next year to have all intereste. parties bid for the coverages.
Chairman Ferguson stated that that there is also the point as regards the rest
of the various coverages as to whether all coverages should go to bid and also
have one broker handle all insurances of the District. Motion by Baldwin and
Grebe that innsmuch as the proposals of Allen Russell & Allen and Griswold &
Company have been reviewed that the Ferry Vistrict accept Griswold & Company~s
quotations for Marine Coverages as per their letter of September 23, 1960 as
being in the best interest of the Fishers Island Ferry District. Motion uaanimous
1y oarried. The Board directed the Manager to write to the firm of Allen Russell
& Allen stating that Griswold & Co. will continue to carry the Marine Coverages
for the period Oct. 10, 1960 through Oot. 10, 1961. He was directed to inform
them that due to the lack of time and in fairness to other interests involved
that it was impossible to thoroughly evaluate the situation regarding the coverage'
at this time. The District requests their continued interests and that for
renewal of coverages next year, the Board will seek quotations from all interest=
ed ~ parties at a time well in advance of policy expiration dates. In regard
to the winter schedule Chairman ~erguson stated that each member of the Board
had received a letter from the F. I. Teachers Association regardinf the winter
schedule and the elimination of the 7:30 p.N. trip on.Sunday. The feachers Assoc.
feels it creates a hardship for them. General disoussion ensued pro.. and oon.,
on the matter and also on changi~ the 4:30 P.M. departure from New London to
5:30 P.M. Motion by Edmonds and rebe to maintain ~inter sbhedu1e as is.
Posit've votes were A. R. Grebe, Polly Edmonds, L. . Baldwin, H. Lee Ferguson, Jr
Negatives votes were L. O. Lamb. ~otion carried by majority vote. The Board
directed the Manager to acknowledge this letter of the Teachers Association and
to point out that the Board of Commissioners is of a mind to continue with the
existing schedule.
-
-2- (Oct. 11, 1960)
Commissioner Baldwin Iltated that he :l.s f.irmly oonvlnoed that it would be in our h
interest to obtain a 311 generator for the Mystio sle. He requested authoriz-
ation to inspeot one at J)avisville, Hhode Island, The Board authorized this.
The Board of Commissioners then disollssed the haul out of the Mystio Isle. It
was agreed that the Board should ins~eot the vessel while in the yard. General
disoussion then ennued on possible hLll repairs if it is fOUQd by inspeotion
to be neoessary. Inasmuch as Chairmal'.Ferguson will be away for the period
Oot. 14. - 25, 196J, he instruoted the ~.~nager to onll a speoial meeting if
neoessary in the event the Mystic Isle is in the Shipyard and hull repairs
are indioated. Aotion made to adjourn an~ unanimoualy oarried at 6:10 p.M.
i
W. C, Sinclair, Mgr.-Seo.
APPROVED:
~i.
H. Lee T"drgus n, Jr., Chairman
Boa"''- of Commissioners