Fraternity-Testvériség, 1982 (60. évfolyam, 1-4. szám)
1982-04-01 / 2. szám
3. Canadian Savings Account Bank of Nova Scotia, Toronto, Ontario, Canada Savings Account.................. $126,206.00 Certificate of Deposit.....................46,927,00 $ 173,133.00 SUMMARY Cash on Checking Accounts: U.S.A..................................... $ 175,377.00 Canada.................................. 8,778.00 $ 184,155.00 Canadian Savings Account & U.S. Savings Account: Certificate of Savings.......... $ 173,133.00 U.S.A..................................... 2,741,783.00 U.S.A. Columbia Federal.. 144,305.00 3,059,221.00 Total................................................................. $3,243,376.00 111. BONDS As specified in the By-Laws and directed by the Executive Committee during the year of 1981 $30,000.00 bonds were purchased. All matters pertaining to the purchase and sale of bonds, purchase of Certificate of Deposits, mortgage loans and other matters concerning the Federation were presented and acted upon at the Executive Cbmmittee meetings. The statement of bonds, based on actual cost follows: Actual Cost Par Value Bonds owned, December 31, 1980................$13,887,449.00 $14,160,500.00 Total C.D.s purchased in 1981____29,700,00_____30,000.00 Total....................................$13,917,149.00 $14,190,500.00 Matured or redeemed bonds & C.D.s in 1981 .................. 165,823.00 170,000.00 Actual cost of bonds owned, December 31, 1981................$13,751,326.00 $14,020,500.00 In the Book Value of our bonds there is a difference due to the dropping of cents in the Annual Statement. IV. LOANb On all mortgages the legal opinion of the counsellor, Alex B. Eger, Jr., Esquire, was requested before any funds were disbursed. In the year 1981 the Federation placed $155,000.00 in first mortgage loans in the United States. No mortgages were placed in Canada. a. MORTGAGE SUMMARY Mortgages in the United States, December 31, 1981 ....................................... $2,673,274.00 Mortgages in Canada, December 31, 1981 ... 13,105.00 Total mortgages, December 31, 1981.............. $2,686,379,00* ‘There is a difference due to the dropping of cents in the Annual Statement. 1 extend my thanks to those in the Home Office and to the members of the Field Force for their cooperation: to Mrs. Iren Simon, my secretary; Tibor Baksy, Miss Elizabeth Nagy, Mrs. Elizabeth Pota, Mrs. Sarolta Pota and Miss Elizabeth Balazs, my office staff for their outstanding work in the Treasurer’s Department. I’m sorry to report that Mrs. Adrienne Vegh, my former bookkeeper, passed away on November 18, 1981. We miss her and pray that God will rest her soul. I trust that my report upon examination will meet with your approval and acceptance. Respectfully submitted by: Joseph S. Molnár, Treasurer BRANCH NEWS — continued BRANCH 2 — CLEVELAND, OHIO ED SZABÓ has been appointed the Branch Manager due to the resignation of Dawn Ward, effective July 1, 1982. We welcome Ed and know that the members of the branch will give him their full support. Payments of premiums may be made every Sunday morning in church, or may be sent to the Federation office. Ed lives at 4947 Richmond Road, Cleveland, Ohio 44128. Phone: 292-7683. BRANCH 404 — WINDSOR, CANADA It is with regret that we accept the resignation of Wilma and John Szabó, Branch manager. Since they no longer live in the immediate area of Windsor, they have difficulty with contacting members. We hope to be able to announce the new manager shortly. BRANCH 67 — SHARON, PA. Lt. MATTHEW MILLER recently completed advanced flight training with the 449th FTS Mather AFB, California. He was awarded the Deputy Commander for Operations plaque by Col. Smith. This award is presented to a flight crew member who exhibits exemplary flying ability and outstanding academic performance. In addition, Lt. Miller was named distinguished graduate of his class. Other recent honor bestowed upon him were: Distinguished graduate of his undergraduate flight training class, recommendation for duty as a flight instructor with USAF Air Training Command and Distinguished graduate of the United States Air Force Officer Training School. Lt. Miller and his wife, the former Edith Kovács, daughter of Rev. and Mrs. Paul Kovács of Ligonier, Pa., will soon reside at Robins, A.F.B. 11
