Quote:
Originally posted by wptw
God morning all,
SAEalum: While very interesting, what you've posted is not a legal lease agreement. It is simply a statement of GLO policy, just as I thought. You may or may not have signed this, but it still does not constitute a lease agremeent which would be binding upon your heirs or assigns.
Can anyone post the text from one of these "lifelong lease agreements", or are they all just a statement of GLO policy as SAEalum posted?
wptw
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My badge was the property of SAE the day I was initiated. My badge is still the property of SAE today. My badge will remain the property of SAE when I die. The day after I die, my badge will still be the property of SAE, and the next day, and the next day, and the next day, ad nauseum. I haven't purchased it from SAE because SAE hasn't sold it to me. SAE
loaned it to me, which means, of course, that I have it on a
lease. Profound, no?
I certainly don't expect someone who's in the habit of trading/buying/selling badges on ebay and/or elsewhere to agree with me. Obviously they feel their actions are justified, or else they know they're wrong and are just plain malicious. Either way, there's probably not much, if anything, I can personally do about it. You see, it doesn't matter whether I personally try to sell "my" badge or whether someone else (eg. inheriter of my estate) tries to do the same. Either way, the badge being sold is still the property of the Fraternity, not mine, nor anyone else's. Selling someone else's property, especially without authorization (you're not an official jeweler last time I checked), is .... what's that word again? ... oh yeah,
ILLEGAL !!! . What more do you need to know?