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-2-      September 18, 1948

The vote that went out to the Board of Directors on whether or not the Retirement Act should be circulated to the membership for a vote presently stands as follows:

Ballots sent out ------- 170
Ballots returned -------  89
For --------------------  82
Against ----------------   7

A follow-up letter to bring in the balance of the vote went out on September 17.

The question now arises, when do you feel it would be best to circulate the vote of the membership? I think the Retirement Committee ought to get together on this question at the earliest possible time and advise Headquarters on when and how we should proceed with this step. 

Your early response with be appreciated.

Sincerely yours,
AIR LINE PILOTS ASSOCIATION 

David L. Behncke
David L. Behncke, President

dlb/vjf