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Telco
Community Volunteers
How
many Club members know the background that led to the formation of TELCO
COMMUNITY VOLUNTEERS, the incorporated group under which each of the
five retiree clubs in the Greater Toronto Area operates?
The
five clubs (of Bell Pensioners/spouses) include; Brampton Retirees'
Club, Fieldway Retirees' Club, Oakville Retirees' Club, Scarborough
Retirees' Club and Toronto Retirees' Club.
From
mid-1978 to approximately the end of 1998, the Telephone Pioneers of
America, Maple Leaf Metro Chapter #74, exercised jurisdiction over
membership of the Telephone Pioneers of America in the Toronto and
Mississauga regions.
For
several years, Pauline Baxter Moore, as a retired employee of Bell
Canada, was a Pioneer Life Member and regularly attended meetings of the
Fieldway Life Members Club.
In
return for the "much happiness provided her by the Fieldway Life
Members Club" she wished, through her Will, "to provide
assistance to such Club to enable it to carry on.."
Her
Will was prepared and signed in 1985. At that time Maple Leaf metro
Chapter #74 had the same organization as when it was created. (i.e.
including five separate Life Member Clubs operating in Etobicoke,
Oakville, Brampton, Scarborough and Toronto.)
Pauline
Baxter Moore died in 1987. Her Will provided that, until the year 2008,
the Estate is to be held in trust by the (now) Scotia Trust,
as Executor, with all of the income of the Estate to be paid to Metro
Chapter #74, as directed by Fieldway Life Members Club. The Will further
provided that in 2008, the capital of the Estate is to go to Metro
Chapter #74. The University of Toronto was stipulated as a secondary
beneficiary should Fieldway and associated clubs cease to exist during
the Will period. Consistent with the intent of the Will, Fieldway Life
Member Club established a sub-organization to oversee equal distribution
of the income to all five Greater Toronto Area Life Member Clubs and to
monitor that spending was consistent with the provision of the Will.
In
late 1998 the local Telephone Pioneers of America executive, with
the support of Bell, voted to sever ties with the Telephone Pioneers of
America and to create a new organization. In early 1999, Bell Community
Volunteers (BCV) was incorporated with the assistance of B.C.E. Bell
Community Volunteers did not prove to be a successful venture and was
dissolved in mid-2000
The
Executor of the Will of PBM suspended further payments from the Estate
subject to Court clarification of the proper recipient.
In
the face of this, the five Life Member Clubs continued to meet as
usual and established a committee, made up of a representative of each
Life Member Club, to re-establish suspended funding under PBM's Will and
to establish a base for continuing Club activity.
This
was initially done with the incorporation of TELCO COMMUNITY VOLUNTEERS
in September 2000. Then followed each "Metro Club" becoming a
"club name" Retirees' Club of TELCO COMMUNITY VOLUNTEERS. By
early 2001 some 2700 TPA Life Members were included into Telco Retiree
membership.
At
about the same time, notification was received of The Telephone Pioneers
of America's intent to seek a Court review of their stated position of
ownership regarding membership/finances of TELCO COMMUNITY VOLUNTEERS.
This action raised legal concerns re: potential next-of-kin, University
of Toronto (potential secondary beneficiary).
Discovery
meetings, Mediation meetings were held until the "final" Court
Hearing in September, 2002. Agreements had been reached with the
University of Toronto and with (Court-appointed) lawyers representing
potential next-of-kin, on their claims- leaving the Court contest
between TELCO and the Telephone Pioneers of America.
A
decision was rendered in favour of TELCO COMMUNITY VOLUNTEERS.
Annual
interest payments are to continue until April 2008, following which the
Capital of the Will (Estate) becomes the sole property of TELCO. (not
Maple Leaf Chapter #74)
The
few sentences above barely touch upon the mountains of legal work and
Court work performed by our lawyers and the periods of heart-wrenching
anxiety suffered by your representatives during the two years it took
for the matter to be resolved!
And
so, between now and 2008, it is the task of the TELCO BOARD to pass
along to the five Metro Retiree Clubs their equal share of the annual
earnings on capital derived from Pauline's gift. Following that, the
Board of the day will assume the role of the Executor of the Estate in
managing the remaining capital. A probable scenario is that the current
method of investing the capital be continued and that the resultant
earnings support Club activities into the future.
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