Fraternity-Testvériség, 1976 (54. évfolyam, 1-4. szám)
1976-04-01 / 2. szám
Insurance In Force December 31, 1974 ............................ ........$50,545,918.00 December 31, 1975 ............................ ........ 50,954,225.00 Increase ............................. ........$ 408,307.00 Dues 1974 ............................. ........$ 1,447,399.01 1975 1,431,638.89 Decrease............................ ........$ 15,760.12 Investment Income 1974 ............................ ........$ 920,725.00 1975 ............................ 947,043.93 Increase............................. ........$ 26,318.22 Ratio of Investment Income 1974 ............................ 5.35% 1975 ............................ 5.46% Increase ............................ 0.11% Valuation Ratio 1974 ............................ 113.62 1975 ............................ 112.46 Decrease.......................... 1.16 Deceased 1974 ............................ 371 1975 ............................ Increase ............................ 10 We Paid In Death Benefits 1974 ............................ ........$ 389,733.99 1975 ............................ 395,172.85 + $ 5,438.86 Mortality Experience 1974 ............................ 4.514% 1975 ............................ 44.46% Decrease............................ .68% From the above we may conclude that our Federation stands on firm foundations. We have fulfilled all our obligations. We paid the death and sick benefits in the shortest possible time. FRATERNITY Official Organ of The Hungarian Reformed Fed. of America Edited by Officers of the Federation Published quarterly — four times a year. Subscription for non-members in U.S.A. and Canada $2, elsewhere $3 a year. Office of Publication: Bethlen Press, Inc.. Ligonier. Pa. 15658 POSTMASTER—Send Form 3579 to Editorial Office: 3216 New Mexico Ave., N.W., Washington, D.C. 20016. Telephone: (202) 244-7555. Editorial Committee: Editor-in-Chief and Managing Editor— Rt. Rev. Dr. Zoltán Beky, President Associate Editors— Rt. Rev. Arpad L. George, Secretary; László L. Eszenyi, Controller; Paul St. Miklossy, Treasurer. Second Class Postage Paid at the Post Office in Ligonier, Pa. 15658. We have implemented the resolutions of our Board and carried out its directives concerning our Convention. CONVENTION Our XXXth Convention will take place in Ligonier, Pa. commencing on June 28, 1976. The constitutional requirements in preparing for this Convention have been fulfilled. Our branches were regrouped in accordance with the state laws. The smaller branches were integrated for purposes of lawful elections of the delegates. These resolutions were approved by our Board and it was communicated officially to our branches and membership in the special January issue of Fraternity. APPLICATIONS In accordance with our Constitution and By-Laws I have advertised the deadline for applications for the four executive officers of our Federation. YOUTH SCHOLARSHIP CONTEST We held our youth scholarship contest in accordance with the rules prescribed by the Board. Seven competitors participated and five received first prizes. The names are the following: Csilla Bodnar, Jeanette Mogor, Csilla Kertész, Gilbert Géza Boncsér and Imre B. Kovács. One prize was again donated by my wife, Mrs. Zoltán Beky. At the same time she sent out several hundred copies of her cookbook to the branches for the same purpose. YOUTH CAMPS We supported the youth camps of the Calvin Synod and of the Hungarian Reformed Church in America with $1,000 - $1,000 respectively. The Canadian Hungarian Reformed Youth Camp was given a grant of $350.00. STUDENT LOAN Student loans were granted in the value of $500.00 to members of our Federation engaged in university studies. STUDENT AID We have granted student aid in emergencies in the value of one hundred dollars each, in every instance at the request of our directors, field force or branch managers. NEW POLICIES The children’s and other new policies approved by our Board last year have been duly printed and our field force began to sell them during the past year. 4
