Verhovayak Lapja, 1945 (28. évfolyam, 1-52. szám)

1945 / Verhovay Journal

Page 6

Verhovay Journal

April 11, 1945

Minutes of the Board of Directors’ Meeting

taken at the regular semi-annual meeting of the Board of Directors of the Verhovay Fraternal Insurance Association, held on March 19th, 1945 and the following days, in the Home Office Building of the Association.

Present are: John Bencze, Supreme President, Joseph Szalay and Albert B. Ari, Vice-Presidents, Directors Frank Brogley, Andrew Dobos, Jr., Aloysius Falussy, John P. Kelemen, John Korosfoy, Julius Macker, Richard Phillips, Dr. Joseph H. Prince, Joseph Turner, Louis Vizi, Coloman Revesz, Supreme Secretary and John Szalanczy, Supreme Treasurer.

1. ) At 10 o’clock in the morning Supreme President John Bencze opens the meeting and extends his warmest greeting to the members of the Board of Directors. He expresses his regret that the meeting must be held under unsatisfactory circumstances due to the fact that the Verhovay Building has not yet been remodeled. He hopes that the European war will soon come to an end and that then work can be started on the building so that when the time for the 60th anniversary of our organization arrives, it could be celebrated in the completely remodeled and modernized Verhovay Building.

2. ) The Board adopts the schedule prepared, by the Supreme Officers and, accordingly, hears the Supreme Officers’ reports.

3. ) The heroic dead Verhovayans are remembered in the report and the Board rises in silent prayer honoring their memory which shall remain with usi for ever.

4. ) The Board adopts the report of the Supreme Officers for the basis of detailed discussion.

5. ) The Board orders that in the future the average age of the membership of the Association be computed and shown in the reports.

6. ) The Board checks the Annual Statement submitted to the Insurance Department and approves same.

7. ) Julius Macker Director conveys the heartiest greetings and best wishes for the work of! the Board of Directors, from Ernest Palos, President of the “Associated Hungarian Weeklies” which also publishes the Verhovay Journal. The greetings are received by the Board with appreciation.

Greetings are acknowledged with sincere thanks by the Board from Moses Csömör, East Louis, 111., Stephen Lukacs, Detroit, Mich., and Joseph Weissman, Milwaukee, Wise.

Louis Vizi Director conveys greetings from John Angyal, member of Branch 8, Johnstown, Pa., which is acknowledged with appreciation. Joseph Szalay vice-president conveys the greetings of Albert Karl, manager of Branch 14, Cleveland, O., which ist also accepted with appreciation.

8. ) The Board notes that a license issued by the State of California had been received and votes that operations shoftld be started in that state beginning April 1st, 1945. In this matter dissenting votes were cast by Julius Macker and Louis Vizi, who contended that business activities should not be started in the State of California during thei war.

9. ) Alexander Gyulay, resident of California, a fellow-member and formerly Supreme Organizer, applies for the position of District Manager in the State of California, stating that his health had improved sufficiently to enable him to fulfill his duties. The board grants his request.

10. ) The Board, divided into four Committees, commences the examination of the Home Office:

a. ) Members of the Committe examining the book-keeping, are: Josepb( Szalay, Andrew Dobos, Jr., and Louis Vizi.

b. ) Members of the financial Committee: Aloysius Falussy, John P. Kelemen, andi Richard Phillips.

c. ) Members of the Real Estate Investment Committee: Albert B. Ari, Frank Brogley and Julius Macker^

d. ) Members of the Organizing Committee: Dr. Joseph H. Prince, John Korosfoy and Joseph Turner.

Until the completion of the examinations the meeting is adjourned by the Supreme President.

11. ) The members of the Book-keeping Committee, Joseph Szalay, Andrew Dobos, Jr., and Louis Vizi report that they have examined the following books, of the Association: Income, Disbursements, Death Benefit Payments, Income and Disbursements of the Juvenile Order, Organizing Expenses, Trust Fund and General Ledger, furthermore, the books containing the individual bills pertaining to the Trust Fund, the records of the Organizers, and state that these books have been found in order.

During their examination, they reviewed the following issues: Sick Benefits, B. 77589—77609. Senior Order: 116796-947-962-970-996, 117241, 117250-261-291- 306-459-468-981-999, 118372-517-573-590-896-919, 119396- 415-435-573.

Junior Order: 114664-669-928.

Commission for securing new members issued: 118201-304, 119707-811.

Checking up on the records of payments made by branches, they found that during the last six months

of 1944 payments were sent, to the Home Office after the closing of the month by Branch 82, Homestead, Pa., in five instances, by Branch 116, Wadsworth, O., in every instance, Branch 125, Listie, Pa., in five instances, by Branch 231, Iselin, Pa., in every instance, by Brarfch 360, Massilon, O., in five instances, by Branch 362, Dayton, O., in every instance and by Branch 520, Jerome, Pa., in four instances.

They move that these consistently tardy branches shall be reprimanded by the Board.

%The Board acknowledges the report of the Committee and decides to call upon the managers of the tardy branches to fullfil their duties in accordance with the provisions set forth in the By-laws of the Association.

12. ) Alcysius Falussy, John P. Kelemen and Richard Pihillips, members of the Financial Committee, report that they have, examined the Bonds purchased, sold, exchanged and cashed during the -last year and what they have been found in complete order and in accordance with the instructions. In the course of their detailed report they state that it ii due to the careful attention and circumspect activities of the Supreme Treasurer and his fellow-officers that the financial statues of our Association has improved.

The Board approves the report of the Financial Committee.

13. ) The Board hears the report of the. Organizing Committee, which consists of the Directors John Korosfoy, Dr. Joseph H. Prince and Joseph Turner. The Committee has thoroughly examined the results of the organizing efforts of the Association and found them satisfactory in view of war-time conditions. The report states that some of the part-time organizers have not attained the quota assumed by them.

The Board instructs the Supreme President of the Association to revoke the assignments of those who could not fullfil their obligations.

14. ) Upon motion made by the Organizing Committee, and after hearing the opinion«*of Dr. S. C. Gomory chief Medical Counsel of the Association, the Board jfotes to accept juvenile members up to the age of 5, (“Age 6 next birthday”) for non-medical insurance up to one-thousand dollars in the states where it is permissible to do so according to the insurance laws. This decision was made by the Board against four dissenting votes (Ari, Macker, Phillips, Vizi).

The Board instructs the Home Office to complete all arrangements pertaining to this decision in order that it may be made effective as soon as possible.

15. ) Frank J, Cher, Manager of District I., requests that the Board amend the provisions set forth in the Verhovay membership certificates to the effect that the payment-in—installments of the amount of death benefits be made optional, however, the Board cannot comply with his request.

His second request, that the “Endowment' at age 18” membership certificate hereafter be known as an '‘Educational Endowment” is granted with plesaure by the Board of Directors which orders that, hereafter, this phrase be used also on all official documents as well as in the rate-books and the membership certificates to Be issued in this class.

16. ) The Board instructs the Home Office that an effort be made! to collect data as to the number of listeners of the various Hungarian radio programs.

17 ) The Board discusses the matter of the vacant position of the Supreme! Organizer and after detailed debate decides that it does not desire to fill this position under the present circumstances. The Board requests and authorizes the Supreme President to attend to the duties of the Supreme Organizer, as heretofore, without any additional remuneration.

18. ) Checking up on the results of the organizing efforts, attained during the last year, the Board notes that the highest results were attained by District I., and its District Manager, Frank J. Cher. The Board expresses its appreciation to Frank Cher, District Manager, and his co-workers and all those who contributed to this outstanding achievement.

19. ) Upon recommendation by the Organizing Committee and Supreme President John Bencze, the Board then discusses the matter of the 60th anniversary of the Association. Since, due to war-time restrictions, it would be impossible to make1 plans for a year ahead, the Board decides to take up this important matter at the fall-meeting, by which time the war in Europe probably will have ended and most of the War-time restrictions lifted.

20. ) The Board discusses a memorial, submitted by Pfc. John Sabo, Jr., U. S. Marine Corps, Supreme Auditor, which contains a detailed plan for the increasing of the membership of the Association to

75,000 members for the time of the next Convention. The Board votes sincere appreciation to the Supreme Officer who, even while in military service, plans for the future growth of the Verhovay and decides to make every attempt to realize the plan offered by him, as soon as conditions will make it possible to do so.

The Board also acknowledges with sincere thanks

the greetings sent by our Supreme Auditor from an island in the Pacific and hopes sincerely that he may return soon, after having fulfilled his duty towards our country.

21. ) The Board approves the report of the Organizing Committee and expresses its appreciation for the same.

22. ) The members of the Committee Examining the Real Estate Investments, Albert B. Ari, Frank Brogley and Julius Macker, submit their report. The Committee states that the following Branches have failed to comply with the request of the Board of Directors that the annual statements of the Verhovay Homes, owned by them, be submitted to the Home Office:

Branch 2, Kulpmont, Pa.

Branch 34, Pittsburgh, Pa.

Branch 336, Harrisburg, Pa,

Branch 187, Granite City, 111-, the latter submitting a statement covering only the last six months of the year.

The Board reaffirms the decision, made last year, according to which the annual statements and reports of all Verhovay Homes are to be submitted to the March-meeting of the Board of Directors.

23. ) The Board is glad to heaij from the report of the Committee that the Verhovay Home of Branch 14, Cleveland, O., has operated with such success that a net profit of $4,000.00 was realized during the last three months of 1944.

The Board states that it is desirable that the book-keeping of the Verhovay Home of Branch 14, Cleveland, O., be left in the hands of a certified Public Accountant.

24. ) Upon recommendation by the Committee the Board approves the increasing of the number of the House-Committee members of the Detroit Verhovay Home from three to seven, and therefore, also approves the increasing of the annual remuneration from the original $100 allowed to them, to the amount of $130.

25. ) Upon request of Branch 443, the Board decides to appeal to the Detroit Verhovay Club in behalf of reducing the rental of that Branch, the request of which is deemed justified by the Board.

However, the Board has no power to grant Branch, 443 the use of the rooms 12 and 12B.

26. ) Upon recommendation by the Organizing Committee the Board decides that it cannot comply With the request of Branch 342, Chicago, 111., concerning the purchasing of a home.

27. ) The salary of the janitor of the Verhovay Home Office building is raised from $75 to $100 by the Board.

28. ) After studying last year’s annual statement of the Verhovay Home Office Building, the Board* finds that its purchase has proven a satisfactory investment even under the present conditions.

29. ) The Board discusses the problems that arose in connection with the Verhovay Home of Branch 34. Concerning the management of the Home it is decided, that:

a. ) The Home shall be managed by a House- Committee consisting of 13 (thirteen) members. The members of Branch 34 should elect seven (7) members to this committee from among such members who are also members of the Social Club. The Social members also’ shall elect six (6) members to this Committee from among such members who have been members of the former Hungarian Social Club at the time when the merger was effected. The list of these eligible members shall be attached to the agreement.

b. ) The Comittee, thus7 elected, shall qlect its officers from among its own members, provided, however, that only a member in good standing of Branch 34, who also holds a life-insurance membership certificate of the Verhovay, may be elected treasurer.

c. ) The time will come when the Home will be cleared of all indebtedness. When that happens, the income of the Home shall be used as follows: 25%, or more if necessary, shall be set aside for a Sinking Fund, for the upkeep of the Home, and 75% shall! be used for the promotion of social, cultural, sport and, other activities, for the beneficence and for the assistance of returning veterans.

Should conditions demand an enlargement or remodeling of the Home or purchases for the same, all net profits shall be used for these purposes and the division of the profit^ as to 25% and 75% shall not be effective while there is any indebtedness on the Home, or other legal obligations exist and it is clearly understood that as long as such obligations exist, the net profit must not be used for any other purposes.

d. ) The members of the House Committee, managing the Verhovay Home, are to be elected before the 15th of April in order that they may take over the management of the Home immediately following the election.

The Board hopes and believes that the above proposed conditions will be approved by Branch 34 as Well as by the members' of the merged Social Club.

30. ) The Board feels that the matter of the

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