The Universal Autograph Collector’s Club has had it’s share of problems in the past. Many believe it was brought upon itself. The downfall of this group is quite evident if not from the massive drop in membership alone.
Some feel the downfall of this club started with a letter from the club’s accountant directed to the club.
At one time the club did publish the yearly report from the accountant. The letter below ended that.
This was the last time the club published the accountants review of the club’s finances. An officer of the club will tell you that current reports are available by request. As a Director of the club, for a few years, I tried several times to get the accountant’s report and was refused.
Reread the third paragraph of the letter once again. It speaks volumes!