Loyola Alumnus You Don't Need Montreal Trust to Breed a Winner (But It Helps)
Total Page：16
File Type：pdf, Size：1020Kb
Loyola Alumnus You don't need Montreal Trust to breed a winner (but it helps) Let's face it, most people have never even considered it! specialized services and knowledge regarding investments, However, there are some to whom the challenge of breeding taxes, real estate management and estate planning. When a winner means everything. And th ere are others who can you stop to think of it, th ere's every reason why you too afford the time and money but are quite content with should turn this sort of thing over to us, allowing your- breeding guppies. The point is they are both in the posi self a maximum amount of time for business, recreation tion of being able to make the choice and we find that - and travel. Why not consult one of our Special Repre- these are the kind of people who consistently use our ii sentatives at the Montreal Trust office nearest you? Montreal Trust - trust company to successful people since 1889. In This Issue The Association ••• DONALD W . McNAUGHTON '49 Features ••• President CHARLES A. PHELAN '48 2. Treasurer's Report 1st Vice-President 3. Peace Corps at Loyola RONALD J. HORE '61 2nd Vice-President 4. Hall of Fame WILLIAM H. WILSON, Jr., '53 5. Homecoming 1966 3rd Vice-President 6. President's Report WILLIAM J. BROWN '42 Honorary Secretary 7. Alumni Contribution W. JOHN SHERIDAN '28 8. Honorary Treasurer Second Generation Grads JOHN J. PEPPER '49 10. Loyola Achievement Councillor 11. Golf Tournament RONALD J. HEBERT '60 Councillor ARTHUR E. LAPRES '42 • Councillor Departments ••• BRYAN H. RAWLINGS '64 Councillor 13. The Lookout HARRY J. HEMENS, Q.C., '32 14. Obituaries Past President VERY REV. PATRICK G. MALONE, S.J. 16. Weddings, Births Father President REV. JOHN E. O'BRIEN, S.J., '45 • Father Moderator Editorial Board ••• J. STIRLING DORRANCE Development Officer Editor-in-chief RICHARD AITKEN '67 WALTER CHRISTOPHERSON S.A.C. Representative MRS. DOROTHY McGEE • Executive Secretary Business Manager The Cover ••• Mrs. DOROTHY McGEE The people pictured on the cover are the 1966- 67 executive of the Loyola Alumni Associa • tion, whose offices are listed directly above. A dvertising For identification, they are, left to right, front row: Messrs. Phelan, Father Malone, Presi FRED PHILIP '65 dent McNaughton and Hemens; second row: Father O'Brien, Sheridan, Secretary Dorothy LOYOLA ALUMNUS • LOYOLA COLLEGE - MONTREAL 28, CANADA McGee, and Pepper; third row: Hore, Hebert, Authorized as second class mail by the Post Office Department, Rawlings, and Wilson; back row: Dorrance, Ottawa, and for paym ent of postage i n cash. Lapres, Maloney and Brown. POSTAGE PAID AT MONTREAL - 1 - More Effective Role Alumni Revamps Financing This year marks a radical both whereby your association (c) Cost of publication of the change, from the point of view of could play its proper role more Alumnus. finance, in the affairs of the asso effectively. (d) All expense relating to ·Such ciation, W . J. McQuillan, Q.C. , Two Premises social events as are proposed honorary treasurer, reported to In December, 1965, a proposal by the alumni board and sanc the 1966 annual meeting of the was prepared and was unanim tioned by the College. Loyola Alumni Association. ously approved by your board. On its part, the Association Since its inception, your asso This was submitted to Father commits itself as follows: ciation has been self-supporting. President and was warmly re (a) The Association will continue At times, it has levied a nominal ceived and approved by him. to sponsor the annual fund fee on its members, but in great This plan is now in effect and has drive and the proceeds there part it has managed to survive been made retroactive to the from, less direct costs, will be on profits from events sponsored close of the Special Fund Drive turned over to the College. by the association, special drives in September, 1965. (b) All profits on social or other for funds, etc. Of necessity, its The plan was predicated on events sponsored by the alum operations have been restricted two premises which have been ni will revert to the College. to its limited means. accepted by the College and your (c) All income from all other Over the last few years, your association: sources deriving to the alum board has become increasingly 1. That the College is prepared to ni, with one exception, will concerned whether, so restricted, financially support a program revert to the College. your association was adequately as proposed and submitted by The one exception concerns the discharging the function it should the alumni board with such net profit from the sale of the $10 perform, that is, to be the effec changes as to method and em Special Fund tickets, prizes fo r tive instrument to keep proper phasis as may be mutually which are drawn at the golf tour contact with and influence its agreed upon; nament each September. The net members to work for, contribute 2. That the association will pre profits from this event will be to and co-operate with the Col- · serve its autonomy in initiating retained exclusively by the alum lege and among themselves and, the program to be sponsored ni and be used by the alumni in so doing, further the purposes by the association and the board entirely at its discretion and ends of the College and the means of putting the program for such purposes as: English Catholic community of into effect. (a) Student Loan Fund. which the College is an integral The plan will work as follows. (b) Bursaries program. part. Within a reasonable time after (c) Purposes deemed useful to the Shortly after taking office, the the annual meeting of your asso association by the alumni present board studied this prob ciation in each year, your board board. lem in some depth. It was found will prepare and submit to the You will have noted that the that in the majority of institu College a schedule of its proposed tions of comparable size to Loy activities for the year, together plan provides for the appoint ola, the plan of a completely self with a forecast budget. The Col ment of a "Director of Alumni supporting alumni association had lege will assume complete finan Affairs". This is deemed essential been pretty well abandoned for a cial responsibility for the follow as the alumni body grows ever system of full or partial financial ing: larger and this is a task beyond support from the institution it (a) The salary and expenses of a the ability of part time or volun serves. Experience seemed to "Director of Alumni Affairs". teer help, however dedicated. The prove that the self-supporting as This director will be appoint salary and expense of such a di sociation, although attractive in ed by and he will derive his rector is quite beyond the means concept, was almost self-defeat authority from and be respon of your association. ing and that this becomes more sible to the board of directors marked the larger the institution of the alumni association. Your board and the College grows. (b) All salaries and expenses of have looked at this problem re Your board felt that the time the alumni office including alistically, and a cash deficit for had arrived in the affairs of the salaries of secretarial help, the College on alumni operations association and of Loyola for a rent, office space and general has been forecast for the next plan to be devised acceptable to expenses. few years. 2- CUSO Asks Alumni To Entertain Canadian University Service Overseas, justly called the "Cana dian Peace Corps", was founded in 1961 before the American Peace Corps came into being. C.U.S.O. has 400 volunteers in Asia, the West Indies, Latin Amer ica and Africa, including profes sional people from all walks of life as well as recent Canadian university graduates. This summer 77 volunteers - teachers, doctors, lawyers, en gineers and nurses - will take A cheque for $1,000 from the Alumni Special Fund is presented to their pre - departure studies at the Student Loan Fund by President Don McNaughton and Loyola under the direction of Dr. accepted on behalf of loan fund manager George Joly by D. C. Savage, director of the East past-president H. J. Hemens, Q.C., while Father Malone looks on. and Central African program and The presentation was made at the alumni annual meeting. history professor at Loyola. John Mclninch '64, who is now September, 1965. As at March 31, By that time, and if the experi completing his post graduate law 1966, I am glad to tell you that ence of institutions of similar studies at Columbia University, is size to Loyola is borne out, the your association had no liabili his assistant. Four Loyola stu ties. It has quick assets of $12,- results of a better organized co dents, Peter Kyulule, John Mvoyi, hesive alumni association will 243 .15 consisting of: Peter Mbisa and Frederick Bamu begin to bear fruit in a wider talira, will teach these C.U.S.O. spread, more regular plan of fi Cash in savings account people the four major African nancial support to the College to the credit of your association . $ 7,243.15 languages to prepare them for from the alumni. this Christian project. They will This is altogether apart from Canada Savings Bonds serve in Kenya, Aambia, Uganda 'the intangible, but very real, of a face value of . 5,000.00 or Tanzania. benefits to the College from a well - informed, well - organized $12,243.15 Brian Slattery '63 is returning alumni body.