July 1, 2008

Whereas, the PROFESSIONAL CLUBMAKERS SOCIETY has unsecured debts in excess of $200,000, and

Whereas, the Board of directors has been unable to generate sufficient commitment from the current membership to finance continued operations and reduce current debt, therefore

Be it Resolved, that on this date the Board of Directors voted unanimously to terminate all society operations effective immediately, and seek to dissolve the PROFESSIONAL CLUBMAKERS SOCIETY at the earliest practicable time through a process of bankruptcy or other process as may be legally proper and expedient.

Lou Ullrich, President
Dale Moser, Treasurer
Matt Grabowy, Secretary
Tom Collins
Jim Breece
Les Moore
Dave Hohnke
Keith Chatham
Bo Oglesby