At a special meeting of the Board of Directors in Houston, on May 21, 1976, the question was called.
"All in favor of the resolution say aye" – 18 voting members of the Board replied in unison "Aye"; one Director was absent. No opposition was voiced.
The resolution (•) In words it described the recommendation of the Ad Hoc Housing Committee that the Association purchase land for a building site and thereon erect a suitable Headquarters Building. Indeed, the resolution initiated a new beginning for our Association—the financial commitment to provide funds to pay for a permanent Headquarters Building for what is now–NACE—The Corrosion Society, truly international in scope.
Is it better to rent and have a landlord, or is it better to own and be your own landlord. The Ad Hoc Housing Committee was charged with the responsibility to answer just that question and if in its study,...