Fraternity-Testvériség, 1965 (43. évfolyam, 1-12. szám)

1965-02-01 / 2. szám

the guardian of the deposit boxes containing the securities. i) He is authorized to sign all checks in the absence of the Treasurer or the President. j) He is the managing editor of the offi­cial paper of the Federation. k) In the absence of the President, he performs in his stead his duties connected with the Home Office. II. Organizational Duties a) The Secretary of the Federation con­ducts the publicity to enhance the good name, the growth and progress of the Federation. b) He conducts and directs the nationwide organizational and promotional work for se­curing new members. In concurrence with the Executive Council and with the approval of the Supreme Council, he forms local and dis­trict areas for the purpose of organization and appoints, employs, controls and dismisses all field workers thereof. Upon the recommend­ation of full-time field workers, he appoints, controls and dismisses the local representa­tives. He makes available proper material for all field representatives for their underwriting work, and conveys to them valuable informa­tion on the science of insurance and notifies them about timely, special opportunities. 23 OFFICE OF THE TREASURER 45. The sphere of official duties and activities of the Treasurer are as follows: a) He is the guardian of all property of the Federation. He shall receive all moneys from various sources, deposit and receipt the same in the name of the Federation. b) He shall keep records of all assets, including mortgage loans, purchase and sale of securities, and shall present for action of the Investment Committee all investment mat­ters. He shall make purchases and sales of securities as directed by the Investment Com­mittee. c) He shall issue all checks or disburse­ments on vouchers drawn and shall keep ac­curate records of the same and shall transmit such checks to the entitled party. d) Together with the Controller, he pub­lishes in the official paper a statement of income, disbursements and assets. He shall list the receipts from branches in said paper. e) He shall have control and handle, in the presence of the Secretary or Controller, the safety deposit boxes containing the se­curities. — 24 — FRATERNITY

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