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APPENDIX XXVII

THE TRANS WORLD

LIFE INSURANCE CO. OF NEW YORK,

April 24, 1972.

Re: Local 295

Mrs. DINA Gelman,

President, Dina Gelman Agency,

New York, N.Y.

DEAR MRS. GELMAN: It has come to my attention that the December 1st, 1972 increment of severance increases, as relates to the aforementioned Local, has not as yet been ratified for its implementation on that date.

It therefore becomes necessary for me to request that you return to The Trans World Life Insurance Company, the advances made in this regard which amount to $75,000.00.

Your immediate cooperation will be greatly appreciated.

Very truly yours,

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APPENDIX XXIX

Mr. HARRY Davidoff,
Jamaica, N.Y.

MARCH 30, 1973.

DEAR MR. DAVIDOFF: This Subcommittee is completing an important phase of its inquiry into the operations and benefits of severance trust funds. One aspect of the investigation involves the I.B.T. Local 295, Severance Trust Fund, Jamaica, New York.

Our investigation discloses that you participated in the operations of the abovementioned plan and these activities will be covered in a Report of the U.S. Senate Permanent Subcommittee on Investigations of the Committee on Government Operations, which will be made public. Accordingly, we wish to give you the opportunity to respond to questions raised during the course of this investigation relating to your activities which will be covered in the Report. The meeting may be held at either the Subcommittee's New York Office, Room 2944, Federal Building, 26 Federal Plaza, New York, N. Y. 10007, telephone: 264-3012, or in our Washington Office, Room 101, Old Senate Office Building, Washington, D.C., 20510, telephone: 202/225-3721.

If no reply is received within ten days from the receipt of this communication, I will assume that you have declined this invitation. Please respond to Mr. A. F. Calabrese, who is heading this investigation, or members of his investigating team if he is not available, at the Washington number listed above.

Sincerely yours,

HOWARD J. FELDMAN, Chief Counsel.

MARCH 30, 1973.

Mr. Louis C. OSTRER,

Kings Point, Long Island, N.Y.

DEAR MR. OSTRER: This Subcommittee is completing an important phase of its inquiry into the operations and benefits of severance trust funds. One aspect of the investigation involves the I.B.T. Local 295, Severance Trust Fund, Jamaica, New York.

Our investigation discloses that you participated in the operations of the abovementioned plan and these activities will be covered in a Report of the U.S. Senate Permanent Subcommittee on Investigations of the Committee on Government Operations, which will be made public. Accordingly, we wish to give you the opportunity to respond to questions raised during the course of this investigation relating to your activities which will be covered in the Report. The meeting may be held at either the Subcommittee's New York Office, Room 2944, Federal Building, 26 Federal Plaza, New York, N. Y. 10007, telephone: 264-3012, or in our Washington office, Room 101, Old Senate Office Building, Washington, D.C. 20510, telephone: 202/225-3721.

If no reply is received within ten days from the receipt of this communication, I will assume that you have declined this invitation. Please respond to Mr. A. F. Calabrese, who is heading this investigation, or members of his investigating team if he is not available, at the Washington number listed above.

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DEAR SIRS: At a meeting of the Trustees of the Local 295 Severance Trust Fund held on January 16, 1973, by resolution of the Trustees, it was determined that the administration of the Fund would be handled by the Fund office.

Accordingly, your services will no longer be required as of January 31, 1973, and our check in the sum of $10,718.92 represents final payment for your services. Representatives of this office will arrange to pick up all records, documents and life insurance policies in your possession.

Thank you for your courtesy, cooperation, and past services to this office.

Very truly yours,

MICHAEL HUNT, Secretary, Local 295 Severance Trust Fund.

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