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Better

TO: All employees

FROM: Carol Smith/Human Resources

SUBJECT: Cancellation of July 4th’s picnic

DATE: May 27, 1986

It is with great regret that the July 4th’s picnic at Central Park has been cancelled. Due to our present reorganization, President John K.Hoff and other senior management have decided that Liberty Savings & Loan Association could not financially justify such an event at this time.

Since these events are so important for the morale of the company, management is hoping to be in a better position to provide its employees with a well deserved Christmas party. And with everyone’s help, management knows we will be able to celebrate the holidays like never before.

Mr. Hoff thanks you for making this great sacrafice during Liberty’s hard times, In making these types of sacrafices, you are helping to ensure a better future for all. Watch for exciting news regarding this year’s Christmas party in Liberty’s monthly news letter, you can make it happen.



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