Oak Run
~ To Keep the Memories Alive and Foster Patriotism ~

07 August 2017

Ice Cream Social

The annual Ice Cream Social will be Friday, 25 August, at 1900 (7PM) in the Orchid Club. Come and enjoy an evening of fellowship and some great ice cream too.

This FREE event is open to all members and their spouses or partners.

02 August 2017

Coast Guard Birthday - 4 August

The Coast Guard is one of America's five armed forces and traces its founding to August 4, 1790, when the first Congress authorized the construction of 10 vessels to enforce tariff and trade laws, prevent smuggling, and protect the collection of federal revenue. Responsibilities added over the years included humanitarian duties such as aiding mariners in distress.

The service received its present name in 1915 when the Revenue Cutter Service merged with the U.S. Life-Saving Service to form a single maritime service dedicated to the safety of life at sea and enforcing the nation's maritime laws.

The Coast Guard is a multi-mission, maritime, military service and the smallest of the five Armed Services. Its mission is to protect the public, the environment and U.S. economic interests in the nation's waterways, along the coast, on international waters, or in any maritime region as required to support national security.
"Always Ready"

14 July 2017

Big Bills Discontinued On This Date In 1969

Large denominations of United States currency greater than $100 were circulated by the United States Treasury until 1969.

Although they are still technically legal tender in the United States, high-denomination bills were last printed on December 27, 1945, and officially discontinued on July 14, 1969, by the Federal Reserve System, due to 'lack of use'. The $5,000 and $10,000 effectively disappeared well before then.

The Federal Reserve began taking high-denomination currency out of circulation (destroying large bills received by banks) in 1969. As of May 30, 2009, only 336 $10,000 bills were known to exist; 342 remaining $5,000 bills; and 165,372 remaining $1,000 bills. Due to their rarity, collectors often pay considerably more than the face value of the bills to acquire them. Some are in museums in other parts of the world.

For the most part, these bills were used by banks and the Federal government for large financial transactions. This was especially true for gold certificates from 1865 to 1934.



Credit: wikipedia.org

05 July 2017

July Meetings

Board Meeting - 11 July, 1000, Card Room

General Meeting - 19 July, 1530, Orchid Club

Guest speaker: Lt. C.T. Welch, Marion County Sheriff's Office,
Southwest District Commander, Community Policing Bureau,
speaking on public safety issues.

Come early to enjoy coffee and light snacks.