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Old 06-01-2011 | 09:20 AM
  #17  
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Hossfly
 
Joined: Dec 2001
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From: New Caney, TX
Default RE: Did You Know?

Come on, Red. I am not quoting your above post but you know which one. You are just punching at KE, rather than really providing true history. I don't wish to reignite old flames, however .....!

Air Trails and its later derivatives presented AMA News for a number of years, '40s and '50s. I am not making a detailed calendar as I would have to go research through archives in my barn and that ain't worth the trouble here and now. [8D]

Dewy (Radio Control Modeler) sometime in the late '60s or early '70s offered to present a free AMA news and business section, but the Ex. Director, John Worth, preferred to pay American Modeler (a late derivative of AT) $100,000.00 1970 era yankee dollars per year for a monthly news section about AMA.

Red, your Model Aviation picture was an AMA publication that contained very little and it surfaced every so often as the AMA Newsletter. It was used as an argument that AMA always had a magazine. That claim was bull shot back then and hasn't changed over the years.

The current Model Aviation could well be a true asset to both AMA's Membership and to the modeling industry, if it were properly managed and distributed under the Internal Revenue Code as it should be. "Unrelated Business" operated by an Exempt IRC 501 (c) (3) organization. An unrelated business is a business, can be owned by the Exempt, yet PROFITS are taxed. As business persons, or employees you and I are taxed when we generate income. Hopefully we have adequate remaining to pay our bills. IMO AMA's MA should operate same, as any other Free Market magazine is forced to do.

Oh incidentally, I just paid a fee to a Washington based attorney to confirm that an IRC 501 (c) (3) has no requirement to furnish a newsletter or such to its members unless that procedure is written into the Bylaws or Articles of Incorporation.