Fraternity-Testvériség, 1960 (38. évfolyam, 1-12. szám)
1960-06-01 / 6. szám
14 FRATERNITY AUDITOR’S REPORT FOR 1959 The Auditor keeps records on the standing of the certificates, is in charge of accounting and bookkeeping, determines the validity of claims and renders other services. The following report is arranged into four sections according to the aforesaid spheres of duties. I. INVENTORY FLUCTUATION SUMMARY A. Life Certificates: In force on December 31, 1958 ...................................................... 38,691 Add: New Certificates .......................................................... 2,729 Reinstated ...................................................................... 71 2,800 41,491 Less: Deaths ............................................................................. 344 Matured ......................................................................... 158 Lapsed (First Year 841) ........................................... 1,491 Surrendered .................................................................... 568 2,561 In force on December 31, 1959 ...................................................... 38,930 Net Increase in 1959 ........................................................................... 239 B. Additional Protection Riders: In force on December 31, 1958 ...................................... 124 $368,000 Add: New Riders ................................................................ 41 146,000 165 $514,000 Less: Riders lost (Surrender, Lapse, Conversion) ......... 17 41,000 In force on December 31, 1959 ...................................... 148 $473,000 Net Increase in 1959 ........................................................ 24 $105,000 C Sick Benefits: In force on December 31, 1958 ...................................................... 1,610 Add: New and Reinstated .................................................................. 23 1,633 Less: Deaths and Lapses .................................................................... 131 In force on December 31, 1959 ...................................................... 1,502 Net Decrease in 1959 ............................................................................ 108
