| MINUTES OF ANNUAL MEETING
The 43rd Annual Meeting of the members of Corona College Heights Orange & Lemon Association (CCH) was held at the Associations packing facility located 8000 Lincoln Avenue in Riverside, California.
A luncheon was provided and attendance was about 200 people.
After the luncheon, Chairman Charles Colladay extended a welcome to all and introduced General Alexander Haig as the special guest speaker. General Haig spoke of his political life and was well received by the audience.
Chairman Colladay commented that CCH packed more than 4.6M cartons during the year and was able to distribute $1.1M in patronage dividends. CCH also refunded the entire freeze contingency of $1.2M. In addition, the capital refunds of 2001 were refunded in the amount of $453K.
Chairman Colladay commented that CCH has returned more than the competition. He thanked the sales staff for their efforts and remarked that claims were very low this year. Customers have been commenting on the high fruit quality each year. Chairman Colladay commended President John Demshki on his leadership.
President Demshki then presented his report to the membership, giving his overview of 2007 and things to look for in 2008. He reported that the new grader purchased from Australia is able to detect frost damage. He commended the field people on their ability to detect frost.
President Demshki reported volume was down 25% due to the freeze. Lemons were successful but grapefruit had extensive damage. Florida and Texas both had good crops. The Australian navels hurt the Valencia business and the end of the season saw a fall in juice prices. As far as employee count, we have gone from 186 employees to 132. We have better systems and are running fruit faster. He also warned the guests that food safety rules are increasing annually.
Regarding exports, our products are getting more favorable notice. Lemons and oranges are popular in China but they do not favor our grapefruit.
Chairman Colladay introduced the board members and spoke of the various committees they head.
Chairman Colladay then called the business meeting to order at 1:45 P.M.
Secretary Jaspan read the Notice of the Meeting into the record.
Secretary Jaspan reported that 245 votes were present in person. 152 votes were needed for a quorum. The Secretary declared a quorum was present and the meeting was competent to conduct business.
Chairman Colladay called for a motion to approve the Presidents report and to place it on file. So moved by Mike Lassalette, seconded by Ken Doty, and unanimously carried.
Chairman Colladay called for a motion to approve and place on file the minutes of the Annual Meeting of December 8, 2006. So moved by Ken Doty, seconded by John Gless, and unanimously carried.
The Chairman called on a report from the Nominating Committee. Mr. B. Hillebrecht of the Nominating Committee placed the names of the following in nomination and they are as follows:
Charles W. Colladay
Thomas Chao
John Gless
Charles E. Badger
Donald A. Freeberg
Laverne M. Duker
David C. Roberts
Albert T. Stehly
Ken Doty
Michael Lassalette
Matt Witman
There were no nominations from the floor. Moved by Bill Witman, seconded by Matt Witman to close the nominations and instruct the Secretary to cast a unanimous ballot. Unanimously Carried.
Chairman Colladay called for old business or new business. There was none.
There being no further business, the meeting was adjourned by Chairman Colladay at 2:05 P.M.
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Charles Colladay, Chairman Susan Jaspan, Secretary
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