Aug 07, 1997 11:36 AM
Following on my previous post, here are some more items:
1. What is going to happen if Stil-Light gets reincarnated? Will the money
revert back to the reincarnated Stil-Light?
2. To what extent is the local *advisory* committee is going to have
autonomy in their activities and financial expenditures? Should always
remember he who pays the piper calls the tune.
3. What are the rights that the *advisory* committee is going have?
4. It appears that transferring the money to TIT will result in Wheaton
dictating what actitivities shall be acceptable, what shall be taught, who
shall be the speakers/lecturers etc. The approach seems to be "you locals
carryon the vigorous activity" but we at Wheaton will control the purse strings.
5. Keeping the Stil-Light Corporation and retaining the funds looks to be a
very practical approach.
6. Whatever final decision is arrived at between Stil-Light and National
Board, I think that Stil-Light should have its own legal advisor. All the
issues should be resolved with the help of very competent legal help as some
of the decisions are irrevocable and cannot be undone especially from the
local perspective. Even if it is going to cost some legal fees, it is well
worth it because so much is at stake as far as the local long term interests
M K Ramadoss
At 09:46 AM 8/7/97 -0400, John E Mead wrote:
>The following was relayed to me by a board member.
>The Stil-light board has not voted yet as to agree or disagree
>with the following items. people who are interested (especially those in
>the south-east USA) should be notified.
>This is what the TS Board approved at their meeting:
>1. Create a restricted fund within TIT (Stil-L:ight Fund"), the income
>which is to be used solely to promote Theosophical work primarily in the
>Stil-Light area (North Carolina, South Carolina, Georgia, Alabama,
>2. Deposit in this Fund the proceeds from the sale of the Stil-Light
>property and all assets of the Stil-Light Corporation.
>3. Appoint a committee for the Stil-Light Fund, whose duty is to recommend
>to the National Board of Directors the expenditure of the income from the
>Fund for work in the Stil-Light area.
>This committee is to consisst initaqlly of the lpresent members and past
>presidents of the Stil-Light Board who are still members of the Society.
>committee is to be appointed annually by the National board of Directors on
>rotating basis, with reappoinment possible and the requirements for
>appointment being active membership in TSA and familiarity with the
>Among the work eligible for support by Stil-Light funds are included, but
>limited to, conventions, seminars, workshops, and lectures at such
>as Lake Junaluska (near the orignial Stil-Light location), other camp or
>retreat sites, and urban centers throughout the Stil-Light area.
>It is expected that the Stil-Light Committee will develop and propose
>vigorous activities in the Stil-Light area to strengthen existing local
>Theosophical groups, create new ones, serve the needs of members-at-large,
>and reach out to the public to make Theosophy better known throughout the
>In the course of carrying out its mandate, the Committee is free to, and is
>expected to, consult with other officers of the former Stil-Light Board,
>former members of Stil-Light and Theosophists throughout the Stil-Light
[Back to Top]
Dedicated to the Theosophical Philosophy and its Practical Application