Masonry Magazine April 1966 Page. 23
AMC ELECTS ESCHE PRESIDENT
The Associated Masonry Contractors of Metropolitan Chicago has elected new officers. Clare Esche was selected President with Fred Beyer, Vice President. David Lee is Secretary with Bob Henriksen the new Treasurer. Board Members are: Ed Duff, Frank Laureys and Harold Peterson. Committee Chairmen are: Program: Ed McGuire; Pension & Welfare Delegates; Pat Filippi and Harold Peterson; Constitution & By-Laws: Ed Duff; Year Book: Al Rubin; Membership: Fred Beyer; Apprenticeship: Harold W. Peterson.
Blackstock Seattle President
Officers of the Mason Contractors Association of Seattle, Washington, are: President, Earl Blackstock, Jr.; Vice President, W. E. Dixon; Secretary, R. P. Nachtsheim and C. Lowell Bass, Treasurer. Serving the State as Chairman is Manford Lund.
DISTRICT COURT DECISION
The Federal District Court for the Western District of Arkansas has now adjudicated certain portions in the Entz Patent 2,762,359 to be invalid, particularly as applied to the Park Tool Company machine, which was the subject of the suit brought against Herman Schwartz of Paris, Arkansas. In this litigation, the plaintiff, Imperial Stone Cutters, Inc., of Oklahoma City. Oklahoma had contended that the Park Tool Co., machine such as being used by Schwartz in Arkansas infringed certain claims of the Entz patent, and the defense, as conducted by attorneys representing Schwartz (as well as the Park Tool Company, St. Cloud, Minnesota the supplier of the Hydrasplit stone splitting machine had contended that the claims in suit were invalid.
The Federal District Court, in a decision dated March 30, 1966 held the claims in suit to be invalid, and dismissed the complaint against Schwart as it existed on the use of the Park Tool Co. machine.
Private Pension Plans
Private pension plans covered 25 mililon employees in 1965 and had estimated assets of $85 billion, an increase of 8 billion over 1964, Secretary of Labbor W. Willard Wirtz reported to Congress.
According to his report on the administration of the Welfare and Pension Plans Disclosure Act for Calendar Year 1965, there are now on file 167,600 active plans providing a variety of benefits to American workers. Welfare plans are in the majority, helping covered employees pay their families hospital, surgical, medical, and dental expenses.
Retirement plans hold most of the assets, with their total value increasing more than 10 percent in 1965.
While 25 million employees, or about half of those in non-farm private employment, are covered by today's retirement plans, the report indicates that fewer than this numbr will actually qualify for private retirement benefits when the time comes for them to leave the active work force.
All changes affecting plan operation, as well as plan descriptions and annual financial reports, are kept on file by the Department's Office of Labor-Management and (Continued on page 34)
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