WESTERN MARYLAND SURVIVORS, LLC





QUESTIONS AND ANSWERS

Q. Who should join Western Maryland Survivors?
A. Any person who would like to see more done to preserve the image and presence of the Western Maryland Railway.

Q. Why isn't Western Maryland Survivors a non-profit?
A. The activities we will engage in initially are not eligible for non-profit status. The Bed and Breakfast will be operated like any other motel and restaurant.

Q. When will Western Maryland Survivors apply for 501(c)3 status?
A. When we have the land and facilities to display our artifacts.

Q. Why don't you buy the property first so you can get non-profit status from the beginning?
A. That's a good idea!!! Do you have a couple hundred thousand dollars we can use to do that?

Q. What is a Charter Life Member?
A. A Charter Life Member is someone who wants to invest in the idea that there needs to be a place to display and operate items from the Western Maryland Railway. To honor the investment they make, Western Maryland Survivors will certify them as such and they will never be required to pay annual fees for membership. As it states, they will be a Charter Member for Life.

Q. What if I cannot afford to pay $500.00? Are there other membership options available?
A. Yes. You can enroll as a Life Member for a one time fee of $250. This will entitle you to all of the benefits of a regular member without recurring annual fees. However, you will not receive the one hour per year in the Engineering Program. It will, however, be discounted, along with the other services, such as the Bed and Breakfast.

You can also subscribe as a regular member and pay annual dues like many other organizations. For $35.00 per year, you will receive frequent progress updates, news bulletins, and a calendar featuring surviving Western Maryland Railway locomotives, rail cars, and other items of historic interest and value. Additionally, discounts available to other members are equally available to regular members.

Q. Where will the business be located?
A. That depends entirely on where we can find suitable property, defined as a location with access to live rail in an environment suitable for people to go to relax and recreate. For sure, it will be located in Western Maryland territory. There are several nice sites under consideration.

Q. If I join as a Charter Life Member, what will the corporation do with my money and the other funds raised with memberships?
A. All funds raised through Charter Life, Life Member and Regular memberships will be used to purchase, move, and restore locomotives, rolling stock, and other Western Maryland artifacts. It will also be used for items to support the business; web site, stationary, postal expenses, telephone, production costs for items we will be selling on the web site, etc.

Q. How do you expect to establish an operating museum? If you disperse the income from memberships to purchase items, where will you get the funds to build a museum?
A. We are going to purchase property which will avail to us other ways to earn money. The accumulated earnings from these enterprises will be used to establish the business and hire the employees to operate.


There will be, for sure, questions arise that are not covered in this brief document. If you have any concerns that you would like explained, please submit them to us through the group at;

http://finance.groups.yahoo.com/group/WesternMarylandSurvivors/



See you online at http://www.westernmarylandsurvivors.com/