Verhovayak Lapja, 1947 (30. évfolyam, 1-24. szám)
1947 / Verhovay Journal
FEBRUARY 12, 1947 Verhovay Journal PAGE 5 TREASURER'S REPORT Bond Transactions for the Year of 1946 U.S. Govt’s. PURCHASES P. Price or Par. V. Municipal Bonds Book Value Par Value Railroad Bonds Book Value Par Value Public Utilities Book Value Par Value Total Book Value Par Value Senior Order 100,000.00 Trust Fund -----------------------— 228,600.00 20,000.00 220,000.00 20,000.00 989,052.50 124,178.25 37,016.25 968.000. 00 120.000. 00 35,000.00 1,317,652.50 144,178.25 37,016.25 1,288,000.00 140.000.00 35,000.00 Total $190,000.00 1 248,600.00 240,000.00 1,150,247.00 1,123,000.00 1,498,847.00 1,463,000.00 BONDS SOLD BONDS CALLED Book Value Sale Price Profit Loss Book Value Call Price Profit Loss U.S. Govts. - Munici pals Railroads Publ. Utilities — 307,242.48 37,464.09 344,564.16 38,697.50 37,321.68 1,292.27 58.86 U.S. Govts. Municipals Railroads PubL Utilities 29,869.04 93,698.65 66,158.19 207,500.69 30,000.00 94,680.00 65,492.50 210,940.00 130.96 1,940.96 —.89 5,334.52 959.61 666.58 1,895.21 Total Sold $344,706.57$383,261.66 $38,613.95 $58.86 Total Called $397,226.57$401,112.50 $7,407.33 $3,521.40 Book Value Sale or Call Price Profit laws A SS E T S Total Assets of Sr. Jr., '12/31/45 12/31/46 Ortlpp mi/) Triiet F'nn/l Total Bonds Sold Called----ft $344,706.57 397,226.57 $383,261.66 401,112.50 $38,613.95 7,407.33 $ 58.86 3,521.40 Bonds (Book Value) Stocks Part. Cert. Savings Account Mortgage Loans $6,405,835.76 31,609.91 448.80 80,849.35 46.468.79 $7,159,609.84 31,609.91 448,80 75,542.63 37,616.36 V.F.I. Assn.$7,40S,478.18 Total Bonds Sold & Called $741,933.14$784,374.16 $46,021.28 $3,580.26 Jr. Order 534,903.77 Gross Profit for the year of 1946 Loss for the year of 1946 ............... Net Profit for the year of 1946 ......... $46,021.28 ......... 3,580.26 ........ "$42.441.02 / Home Office Bldg. Real Estate Commercial Ck. A/C.. Policy Loans 78.312.90 52.965.91 152,247.27 509,894.93 129,033.11 13,003.76 132,813.04 482,705.70 I rußt I* und Total $8,062,383.15 Total Bonds Sold and Called ........ ... $ 741,933.14 .... 1,498,847.00 .... $2.240.780.14 Total .......................$7,358,633.62 $8,062.383.15 Total Bonds Purchased .................... Total Turnover ............................ Net increase inAssets over 1945 $ 703,749.53 Pittsburgh, Pa. December 31, 1946. JOHN SZALANCZY, Treasurer. hews From The Field TOLEDO, O. Branch 27. Frank Letany, a member of this branch, blinded veteran of World War II., wrote the following letter: ‘Dear Friends: I am writing this letter to thank Julius Kerekes of the 27th Branch for all he did to make his Fund a success. I know that le worked hard and that it took i lot of his time. I also wish to thank the Home Iffice and all the branches and he people who donated so kindly o the Fund. The money came in handy and 1 sure did make good use of it. So, once again, many thanks to Mr. Kerfekes, the Verhovay Association and each fellowmember. Gratefully, FRANK LETANY.” Our readers will recall that Frank Letany was remembej^jl with a gift by the Board of ! Directors. To this were added the gifts from Branch 27 and its members, and from other branches, sent in response to an appeal issued in behalf of Branch 27 by Manager Julius Kerekes. Publishing Frank Letany's letter we wish to assure him that we had done nothing more than our duty. It was he who made sacrifices beyond the line of duty when defending our country at the price of man's greatest terasure: his eyes. We arc thankful to the branches and fellow-members for their generous response to Manager Julius Kerekes’ appeal, and to him for devoting his time and efforts so unselfishly to this truly fraternal cause. DETROIT, MICH. NEW SCHEDULE OF DISTRICT OFFICE 8005 West Jefferson Ave., Room 12. — Members of the Detroit branches are requested to observe the following schedule of the District Office: Daytime: Stephen Lukacs, Local Organizer, Manager of Branch 36, is in charge of the District Office from Monday to Friday from 3 to 4:30 P.M. and on Saturday from noon to 4:30 P.M. Officers in charge during evening hours: Tuesday, from 7 to 9 P.M., Paul Benyo, Manager of Branch 511. 7 Gold Ring Contest Awards and Scores (Continued from page 4.) 3. ) Branch 369, Alliance, O., iohn Korosfoy, Manager, runs bird with $74,200,- and 63 mem>ers. 4. ) Branch 36, Detroit, Mich., Stephen Lukacs, Manager, comes text with $63,300.- and 84 mem■ers, and 5. ) Branch 83, New York, í. Y., Joseph Toma Manager, loses the list of the leading ranches with a production of 51,000,- insurance issued to 54 ew members. ONTEST OF CITIES. 1.) For the second time in the ear of Verhovay's 60th anniverary, the high production atrined by South Bend’s only ranch gained this city the disnction of leadership in the adancement of the Association. . 2.) Detroit, Mich., where 172 new members were taken up by branches 36, 58, 356, 429, 443, 500 and 511, leads in respect to j new members, but is second in regards to volume which amounted to $134,500. 3. ) Chicago’s branches 37, 74, 96, 164, 342,' 375, 50$, follow close with $125,050.- and 162 newr members. 4. ) With a joint production of $112,050.- and 137 new members, branches 14, 45, 149, 361 and 366 secured 4th place for Cleveland, O. 5. ) While the four cities mentioned above retained Ihe positions occupied by them in the first anniversary contest, Alliance, O., was carried to 5th place by branches 189 and 369 w hose joint production tottalled $90,- 450.- and 79 new members. 6. ) New York, N. Y., on the other hand, again finished sixth by the joint production of branch- \ es 35, 83, 97, 395 and 453, of $74,500,- and 80 new members. 7. ) Dayton, O., 14th among the leading cities at the end of the first contest, moved up to 7th place. $55,300.-, insurance was written for 59 new members by the contestants of branches 362, 249 and 447. 8. ) New Brunswick, N. J., follows exceedingly close with the joint production of branches 52 and 518 of $55,000.- and 52 new members. 9. ) Branches 524, 525 and 527 of Los Angeles and vicinity conclude the list with their joint production of $47,500.- and 60 new members. In behalf of the officers of the Verhovay, we express our sincere appreciation to the 302 fellow-members who had lakén part in the 60th Anniversary Gold King Contest. Wednesday, from 7 to 9 P.M. Richard Phillips director, Manager of Branch 356. Friday from 7 to 9 P.M., Joseph Szabó. Manager of Branch 443. Mrs. Jolán Lucas, Manager of Branch 429, and District Manager Nicholas Takacs will substitute for officers who, for some reason or other, are unable to be present at the hours designated to them. The fellow-members of the local branches are requested to pay dues and attend to all other official matters only during the above hours as no authorized officers will be present at other times. It will be a great help if the fellow-members effect the payment of dues during hours when the managers of their own resp. branches are in charge of the District Office, however, those unable to call at such times, will be gladly served by any of the officers authorized to conduct the business of the Association at the District Office. The cooperation of the Detroit membership will be sincerely appreciated. THE MANAGERS of branches 36, 356, 429, 443 and 511. CHICAGO, ILL. Branch 96. Admission is only 75 cents (including tax) to Branch 96’s great Valentine Dance to be held on Saturday, February 15th, at 7 P.M., at the Schlitz Hall, 119th and Morgan Streets. Good food, refreshments, excellent music. Everybody invited. FRANK TINICH, President, GEORGE SIIAMEL, Manager. NEW YORK, N. Y. Branch 83. Be sure to attend the Banquet and Dance to be held on Washington's Birthday, February 22nd, Saturday, at 1351 Third Ave., New York, in the Hall of the Newr York and N. Jersey Aid Association. Admission only $1.50. — Come, bring your friends and have a good time! JOSEPH TOMA, Mgr. ANNA VARGA, Seer. SPRINGDALE, PA. Branch 296. Last call to the Hungarian pork dinner to be held on February 15th at the Springdale Verhovay Home! A Hungarian gypsy orchestra will entertain our guestsl An American orchestra is going to play for the third evening on February 22nd, Saturday, from 9 P.M. to 1 A.M., at the Verhovay Home. Young folks, if you like to dance, come to your own “Home” where you are sure to have a good time! ELMER CHARLES, Mgr. ALLIANCE, O. INVITING ALL VERHOVAYANS! February 23rd, Sunday, ts the date set for the greatest celebration in the history of the Alliance Verhovay Home of branches 189 and 369. This mamoth occasion is the talk of the Verhovay all over the country! 1. ) Banquet to be served at 1 P.M. Tickets to be reserved for $1.50. 2. ) Memorial ceremonies honoring Pfc. Andrew Vadasz, hero dead member of Branch 369, whose portrait will be presented to the next of kin by Supreme President John Bencze. 3. ) Observance of the 35th anniversary of the founding of Branch 189. 4. ) Presentation of the Verhovay citation and Silver Medal to “Acknowledged” Louis Murányi, outstanding branch-officer with a service record of several decades. Continued on page 6.
