Verhovayak Lapja, 1940. január-június (23. évfolyam, 1-26. szám)
1940-04-25 / 17. szám
Page 6 Traveling and other expenses of officers, trustees and committees ..................................................................... ..........,— For collection and remittance of payments and dues --------.— Insurance Department fees and expenses .................... —.— Rent, for society’s occupancy of its own buildings ....... ..........— General office maintenance and expense ........................... ..........— Advertising, printing and stationery .................................. ..........— Postage, express, telegraph and telephone ....................... ..........— Official publication .............................................................. ..........— Expense of Supreme Lodge meeting (Convention) ___ ____.— Legal expense in litigating claims ...................................... ..........— Other legal expenses .............................................................. ..........— Furniture and fixtures ............................................................. —-----.— All other disbursements (specify purpose): Investment Expense ....................................................... 3,321.62 Miscellaneous Expense .................................................... 393.69 Actuarial and Accounting Fees ..........................____ ____.— Social Security Tax ................................................... ..........— Unemployment Tax .......................................................... ..........— Gross loss on sale or maturity of ledger assets, viz: Bonds per Schedule D ................... 50,493.48 TOTAL DISBURSEMENTS ........................................... 308,915.62 Balance before transfers ___________________________- 3,897,933.26 Transfers to and from (net) ................................................................■ ■ •— Balance __________________________________-............. 3,897,933.26 Verhovayak Lapja. April 25, 1946 93.75 810.23 314.86 25.00 6,450.81 16,389.30 1,313.43 5.520.00 6,722.58 6,488.03 3,791.71 18,474.18 41,886.81 1,107.34 1.200.00 751.87 1,648.60 763.53 1,475.69 133,395.97 24,715.92 27,159.11 222,271.86 215,224.95 59,385.92 1,853.36 131,109.95 11,955.38 1,853.36 6,450.81 16,389.30 1,313.43 5.520.00 6,722.58 7.392.01 3,791.71 18,474.18 41,886.81 1,107.34 1,200.00 751.87 3,321.62 708.55 1,648.60 763.53 1,475.68 50,518.48 716,458.48 4,315,609.46 215,224.95 57,532.56 131,109.95 13,808.74 4,315,609.46 SUMMARY OF TRANSFERS Date of Trans. .12-31-39 From the Trust Fund To the Senior Expense Amount 1,853.36 IV. LEDGER ASSETS Book value of Real Estate, Per Schedule A..........-...................................................................................... Mortgage Loans on Real Estate, per Schedule B. (Includes Participation certificates in mortgage loans $2,530.00) .......................................................................................................................... liens, loans or other credits on certificates of members ----------------------------—...................... Book value of Bonds, $3,079,516.11; Stocks $133,379.14, per Schedule D...........................................— Cash in society’s office ..............................-.................._.................---------------------------------------------- 1,639.62 Deposits in trust companies arid banks not on interest, per Schedule N-----------------------------------.... 53,244.72 Deposits in trust companies and banks on interest, per Schedule N.................................................. 122,198.41 Participation Certificates, Hazelwood Bank, Pittsburgh, Pa--------------------------------- --------------------------------Total Ledger Assets ......................................................................................................................... 61,216.85 195,381.00 664,994.41 3,212.895.25 177,082.75 4,039.20 4,315,609.46 NON-LEDGER ASSETS Interest due, and accrued, $3,022.04 on Mortgages .........................................................-... Interest due, and accrued, $30,741.71 on Bonds not in default, per Schedule D, Part 1 Interest due. and accrued. $585.37 on other Assets, (Banks) ......................................••... Rents and interest due, and accrued, $617.37 on Society’s property or lease............... Total interest and rents due and accrued ............................................................... Gross Assets ----------------------------------—-.—..— ..........................-.......................... 3,022.04 30,741.71 585.37 617.37 34,966.49 4,350,575.95 DEDUCT ASSETS NOT ADMITTED Deposit in suspended banks, less $2,019.60 estimated amount recoverable .............................. Book value of bonds over amortized value, per Schedule D ....................................~.............. Book value of stocks over market value, per schedule D .............................................................. Book value over market value of Participation Certificates in Mortgage Loans ................ Total Admitted Assets-----------------------—...........................................-........................ IHIMIIHHNII V—LIABILITIES, RESERVES AND UNASSIGNED FUNDS Deaths ......................... Sickness and Accident Total Claims .. Minor Orphan’s Trust Fund _______________________-...............-.................... Total Unpaid Claims and Other Current Liabilities ....................................... Sr. Deo’t F. P. T. for Whole Life, 20 Pav Life, 20 and 30 Year Endowment A. Since 1-1-36 the above have been issued on A. E. 3 >4% 111. St............................ Sr. Dep’t A. E. 3)4% F. P. T. for Endowments at Ages 60 and 70 .....—............. Jr. Dep’t A. E. Craig’s Ext. 3)4% for Increasing Term Insurance ---------------Jr. Dep’t A. E. Craig’s Ext. 3)4% 111. St. for Whole Life, 20 and 30 Yr. End. Total Reserves ......-......................................................................................... Jr. Contingent Reserve .................................................-.............................................Total Liabilities ............................-................................................................................ Unassigned Funds ---------------------------------------------------------------------------Total to Balance With Admitted Assets ______________—-----E. 2,019.60 321,207.11 95,413.54 420,917.25-3,929,658.70 14,350.00 9,394.58 14,350.00 9,394.58 23,744.58 57,532.56 23,744.58 57,532.56 81,277.14 ***'2,619,983.03 183,023.13 16,567.57 37,963.84 7,465.85 2,865,003.42 40,000.00 2,986,280.56 943,378.14 3,929.658.70 DISTRIBUTION OF ASSETS AND LIABILITIES ACCORDING TO FUNDS Mortuarv Fund Disablity Fund Trust Fund Juvenile Fund Expense Fund 13,808.74 419.60 Totals 4,315,609.46 34,966.49 Total Ledger Assets .............................................................. 3,897,933.26 215,224.95 57,532.56 131,109.95 Total interest and rents due and accrued .............. 29,381.60 1,748.32 2,200.92 1,216.05 Gross Assets .............................. 3,927,314.86 216.973.27 59,733.48 132,326.00 14,228.34 4,350,575.95 Deduct Assets not admitted ................................................ 411,986.72__________3,060.35_____________66.61__________5,821,57__________—. _______420,917.25 Total Admitted Assets .................. 3,515.346.14 213,912.92 59,666.87 126,504,43 14,228.34 3,929.658.70 Total unpaid claims and other current liabilities ...... 14,350.00 9,394.58 57,532.56 .— Reserves ..............................................................w............—•• 2,819,573.73 -------.— -------.— 45,429.69 Special Reserves and Contingency Reserves ............_...._________■ ■■ —.—------------------------— ■ — 40,000.00___________________________ Total liabilities and reserves, except unassigned funds 2,833,923.73 9,394.58 57,532.56 85,429.69 .— 2,986,280.56 Unassigned funds ........................................-.......................... 681,422.41 204,518.34__________2,134,31_________41,074.74_________14,228.34 943,378.14 Total to balance .....______ 3,515,346.14 213,912.92 59,666.87 126,504.43 81,277.14 2865,003.42 40,000.00 14,228.34 3,929,658.70
