view raw text
Elect Dunne President Of Horsemens Mutual Insurance Group Gives Bieber • Vote of Thanks for His Service BELMONT PARK, Elmont, L. I., N. T., June 3. — At a meeting attended by more than 100 members of the Horsemens Mutual at Belmont Park after the eighth race on Monday, Francis P. Dunne was elected president of that insurance group by acclamation. Dunne,, who is the steward representing the state racing commission at the New York tracks and racing secretary at Tropical Park, succeeds Phil Bieber founder of the Horsemens Mutual, who resigned due to the pressure of business. Bieber was accorded a vote of thanks by the members present for his devoted service to the Horsemens Mutual, which has paid out 5,835 in death benefits tovthe beneficiaries of horsemen since its inception a little more than a year ago. Miss Isabelle Marschner, secretary of the Horsemens Mutual, was also given a vote of thanks and a motion from the floor empowering the board of directors to grant her a substantial raise in salary was passed unanimously. Following the election of Dunne, a board of six directors was elected. The retiring president, Bieber, was the first director elected, followed by Harold O. Simmons, Charles M. Feltner, Eugene Jacobs, W. E. Charles, Jr., and Bob Horwood. Itwas also decided at last nights meeting in the main dining room of -the Belmont clubhouse, that a list of the membership would be sent to each member, along with the June 30, 1952 financial statement, and that membership cards would be printed and supplied to all members of the Horsemens Mutual, which is open to all licensed trainers, not over 50 years of age. Membership costs an initial payment of 0, with additional payments of 0 uvon the death of a member. Benefits to the families of members have averaged ,500 each and will increase as the membership grows larger. This, incidentally, is the only form of insurance available to many horse-jnen, and by far the cheapest for all.
