Fraternity-Testvériség, 1980 (58. évfolyam, 1-4. szám)
1980-04-01 / 2. szám
VALUATION REPORT This will certify that we have completed a valuation of the certificates of the Hungarian Reformed Federation of America in force as of December 31, 1979, based on lists furnished us for that purpose and have found the reserves as follows: American Experience 3%% ...................................$ 1,571,029 American Experience 3% ....................................... 2,991,785 1941 Standard Industrial 3% ............................... 697,526 American Men Ultimate 3% ................................. 9,366,997 1958 CSO 3% ........................................................... 403,192 1958 CET 3% ........................................................... 5,167 P.V. of Payor Death Claims ................................... 1,021 Adjustment for 1st of Month Dating ................... 35,333 Adjustment for Premium Waiver at Age 90 ....... 15,438 1926-33 Intercompany D.I. with 1941 CSO 2y2% 17,197 150% Class (3) with AE 3%, 1941 CSO 2%% 6,987 Class 3, 3% ............................................................... 14,850 1952 Disability Table, Per. 2, 3% ....................... 11,765 Non-deduction of deferred premiums ................... 44,113 Reinsurance Credit ................................................. -4,667 $15,177,733 According to the Annual Statement of the Federation at December 31, 1979, other liabilities amounted to $1,148,758. Therefore, total liabilities, including reserves were $16,326,491. The total Admitted Assets of the Federation as of December 31, 1979 were $19,780,057. Therefore, the surplus over all liabilities including reserves was $3,453,565. The ratios of assets to liabilities were: 1979-121.15%; 1978- 119.07%; 1977-112.08%; 1976-112.22%; 1975-112.47%. Respectfully submitted, George R. Schaumann, M.A.A.A. Vice President, CPS Actuary ARE YOU MOVING? ? ? ? Please Let Us Know Your New Address Mailing Label From This Publication NEW ADDRESS LISTED BELOW: EFFECTIVE DATE ..................................................................... Name ............................................................................................. Address ......................................................................................... City ................................................................................................. State ..................................................... Zip Code ..................... Please mail this completed form to: HUNGARIAN REFORMED FEDERATION OF AMERICA P. O. Box 34917 Washington, D. C. 20034 DR. MARTON MAJOROS 1930 - 1980 One of the most prominent and generous Hungarian- American personalities died in Atlanta, Georgia on April 6, 1980. A native of Hungary, he participated in the Hungarian uprising against the Russians in 1956, escaped to Austria and came to the United States in 1957. A cum laude graduate of the University of Budapest School of Medicine, Dr. Majoros completed internship and residency in general surgery at the Washington, D.C. Hospital Center and gained fellowship in ear, nose and throat medicine at the Mayo Clinic. He also served on the faculties of Emory University and Georgia Tech. He was a member of the board of directors at the Decatur Hospital and a founding member of the West Paces Ferry Hospital. Dr. Majoros was best characterized by one of his col- legues, Dr. William E. Silver. “He strove for perfection and had a keen insight into the needs of his fellow physicians and his patients and had the ability to motivate individuals around him to strive for perfection.” He was instrumental in starting the idea of a local academic society, The Otolaryngology Society, which is made up of ear, nose and throat specialists. A memorial lectur- ship already has been established in his memory and will carry his name and his ideals as an inspiration. In addition to his medical career, Dr. Majoros founded Mahun Oil and Gas Corporation and became the majority owner and president of this highly successful enterprise. He has always shown keen interest for the Hungarian- American political and cultural activities. He was the associate president of the American Hungarian Federation, president of the American Hungarian Cultural Association of Georgia and the most generous donor of our Student Aid and Loan Fund. He was survived by his wife, Mrs. Lucie Callaway Majoros; daughter, Lisa Mary Majoros of Atlanta; parents Mr. and Mrs. Majoros of Hungary. We are grateful to the good Lord that He gave us in Dr. Marton Majoros a dedicated and exemplary leader to the Hungarian-American community. His name is enshrined in our memory for ever. (L.L.E.) Dear President George: / would like to acknowledge with deep appreciation the kind expressions of sympathy by the HRFA. The white carnation of flowers sent in memory of Dr. Marton Majoros were beautiful. I also thank you for your kind card sent to me. It is a great joy and comfort to know that my wonderful Hungarian husband was liked and highly respected by many Hungarians. Your kind expression oj sympathy to us at this time was appreciated. Sincerely, Lucie Majoros 20
