Fraternity-Testvériség, 1968 (46. évfolyam, 1-12. szám)
1968-05-01 / 5. szám
ENGLISH SECTION : WOULD YOU LEAVE YOUR FAMILY AS PART OWNER OF YOUR HOUSE? INVITATION TO OUR CONVENTION In accordance with our By-Laws, paragraph 44-c, I hereby officially announce that THE HUNGARIAN REFORMED FEDERATION OF AMERICA will hold its 28th Convention in Ligonier, Pa., beginning Monday, June 24, 1968 at 10 A.M. at the meeting-rooms of the Bethlen Home and the Holiday Inn. Washington, D. C. — May 10, 1968. Dr. Zoltán Beky President. YOU WOULD NOT, IF YOU KNEW ABOUT OUR NEW, LOW PREMIUM MORTGAGE INSURANCE INQUIRE ABOUT THE RECENTLY INTRODUCED REDUCING TERM PLAN AND LEAVE THE WHOLE HOUSE TO YOUR LOVED ONES AT ONLY A SMALL ADDITIONAL COST. FIND THE NAME AND ADDRESS OF OUR LOCAL REPRESENTATIVES ON THE COVER PAGE. OR WRITE TO THE HUNGARIAN REFORMED FEDERATION OF AMERICA 3216 New Mexico Avenue, N. W. Washington, D. C. - 20016 Phone: (202) 244-7555 VALUATION EXHIBIT Published Pursuant to the Requirements of Law by THE HUNGARIAN REFORMED FEDERATION OF AMERICA AS OF DECEMBER 31. 1967 (Including' Death Benefit Certificates of Juvenile Branch) Total Admitted Assets ...........................-...........$14,950,922.44 Aggregate Reserves for Life Certificate ....... 12,720,699.00 Aggregate Reserves for Accident Health Certificate .......... 117,000.00 Liabilities others than Reserves ............... 584,939.55 Total Liabilities ...............................$13,422,638.55 Unassigned Funds ................. 1,538,283.89 Total ...................................... $14,960,922.44 The Society’s valuation as of December 31, 1967 indicates that on the bases of the American Experience, American Men and 1941 Standard Industrial Tables of Mortality with interest at Z'A% and 3%, the future assessments of the Society, at the net rates now being collected, together with the now invested assets of all funds, are sufficient to meet all certificates as they mature by their terms with a margin of safety of $1,538,283.89 (or 11.5%) over the above sta- tutary standards. The ratios of assets to liabilities (including reserves on all statuary obligations) for the last five years are as follows: 1967 - 111.5%; 1966 - 110.6%; 1965 - 110.1%; 1964 - 110.3%: 1963 - 110.3%. State of Connecticut)... ) SS: County of Fairfield) George R Schaumann, being duly sworn, deposes and says that he is the actuary who made the foregoing reserve computations as of December 31, 1967, and that the same are true to the best of his information, knowledge and belief. ........................................................................ Actuary George R. Schaumann Miles M. Dawson & Son Subscribed and sworn to before me this 6th day of May 1968. Eugene Major Notary Public My Commission Expires April 1, 1972. 11
