2012 Board Reports

COMBINED ORGANIZATIONS OF NUMISMATIC ERROR
COLLECTORS OF AMERICA (CONECA) 
BOARD OF DIRECTORS (BOD)
ACTIONS FROM 1/01/2012-12/31/2012


Jason Cuvelier Secretary

The CONECA Board of Directors voted on the following motions:

Motion:  by James Motley (7/10/2012) seconded by Rick Emery (7/11/2012)
[T]o accept the nominations of Jim C and Fred W as submitted for the induction to the CONECA Hall of Fame to the BOD, with vote to follow.
Fred Weinberg is selected with 6 votes
Motion: by Rick Emery (7/26/2012) seconded by Jason Cuvelier 
[M]ove to close the nominations for the 2012 Lyndon King Award being awarded to Mark Lighterman.

Passed
Yes: 11
No: 0
Abstain: 1
Motion: Rick Emery (7/29/2012) seconded by James Motley (7/30/2012)
To propose a limit of $300.00 for the purchase of an error coin plus the cost of the trophy and that the person holding the board seat that this falls under have the authority to purchase an error coin that he/she sees fitting.

Passed
Yes: 8
No: 0
Abstain: 0
Motion: by James Motley (9/11/2012) seconded by Jason Cuvelier
[W]e change the name from CONECA to CONECA Inc.

Passed 
Yes: 9
No: 0
Abstain: 0

Motion: by Mike Ellis (12/11/2012) seconded by Jason Cuvelier
[M]ake the motion to nominate and support the candidacy for President of the ANA of CONECA member and supporter Walter Ostromecki. He is currently serving as Vice-President of the ANA and has been a strong supporter of CONECA, especially on the West Coast of the United States for many years. At present, Walter is the only candidate for ANA President.
Additionally, this motion was to nominate Mike Ellis to the ANA board.

Passed 
Yes: 10
No: 0
Abstain: 1
Motion: by Al Raddi (12/19/2012) seconded by James Motley
(Per Article I, Section 1 of the club By-Laws, I move that)
The CONECA Board of Directors approve a budget of $860 for awards and recognitions in 2013.

Passed
Yes: 11
No: 0
Abstain: 0
12/15/2012
CONECA receives a generous donation from Jean Cohen of assorted numismatic books. The Board explored, and is continuing to explore, various avenues on how to best make use of them.

 

Motion: by Mark Lighterman (12/26/2012) seconded by James Motley
To change the CONECA Constitution to:
Article I: TITLE AND PURPOSE

Section 1: This organization shall be known as Combined Organizations of Numismatic Error Collectors of America (CONECA).

Section 2: The purpose of this organization is to be an educational, non-profit club as defined in Section 501(c)(3) of the Internal Revenue Code, and is organized exclusively for the purpose described in said section, including to further the knowledge of numismatic errors and varieties; to provide an organization for mutual help and cooperation for collectors of numismatic errors and varieties in the United States and elsewhere; to acquire and disseminate accurate information in this area; and to promote popular interest in the science of numismatology, especially that of mint errors and varieties.

Activities of the club shall be limited to those which further the purposes described in Section 501(c)(3), or are not otherwise in conflict with said section.

Upon dissolution of the club for any cause, all assets after payment of liabilities shall be distributed by the Board of Directors to any other organizations which meet the requirements of Section 501(c)(3).

Notwithstanding any other provisions of these articles, the organization is organized exclusively for one or more of the purposes as specified in Section 501(c)(3) of the Internal Revenue Code of 1986, and shall not carry on any activities not permitted to be carried on by an organization exempt from Federal income tax under IRC 501(c)(3) or corresponding provisions of any
subsequent tax laws.

No part of the net earnings of the organization shall inure to the benefit of any member, trustee, director, officer of the organization or any private individual (except that reasonable compensation may be paid for services rendered to or for the organization), and no member, trustee, officer of the organization or any private individual shall be entitled to share in the distribution of any of the organization’s assets on dissolution of the organization.

No substantial part of the activities of the organization shall be carrying on propaganda, or otherwise attempting to influence legislation (except as otherwise provided by IRC 501(h) or participating in, or intervening in (including the publication or distribution of statements), any political campaign on behalf of or in opposition to any candidates for public office.

In the event of dissolution, all of the remaining assets and property of the organization shall after payment of necessary expenses thereof be distributed to such organizations as shall qualify under section 501(c)(3) of the Internal Revenue Code of 1986, or corresponding provisions of any subsequent Federal tax laws, or the Federal government or State or local government for a public
purpose, subject to the approval of a Justice of the Supreme Court of the State of Delaware.

Section 3: The motto of CONECA shall be Knowledge Through Education.

Passed 
Yes: 11
No: 0
Abstain: 0

Back to Top