Verhovayak Lapja, 1949 (32. évfolyam, 1-12. szám)
1949 / Verhovay Journal
October 19, 1949 Verhovay Journal PAGE 7 MINUTES OF THE BOARD OF DIRECTORS’ MEETING (Continued from page 6) all picture, however, is not too bright and we must keep up an unrelenting struggle for the acquisition of new members. 32. ) The National Secretary reports that permission has been granted by the Insurance Departments for the writing of Juvenile insurance up to and including $5,000, excepting in the States of California, Connecticut, New York and Virginia. The Board hereby approves the issuance of such certificates, up to and including $5,000, in each and every State where permissible. At the same time the Board authorizes the writing of juvenile certificates up to and including $5,000 in the States of California, * Connecticut, New York and Virginia, if and when the restrictive statutes of these states are modified making this permissible. 33. ) The Committee on Finance, Investments and Real Estate render their report according to which the total book value of bonds sold, called and matured during the period of January 1, 1949 to June 30, 1949, was $384,538.77. Deducting a loss of $312.67, our net profit on these transactions amounted to $4,809.80. In the sjx month period ending June 30,1949, the bond transactions involved a total of $1,267,973.42. The Board finds that the management of the assets of the Association has been conducted in every respect in strict conformity with the rules established by the Board of Directors and that everything was found in perfect order in the Treasurer’s Department of our Association. 34. ) The Board regrets but'it cannot comply with the request of Branch 525, Los Angeles, California, inasmuch as the results attained up to this date in California do not warrant such an investment. 35. ) The Board adopts the Committee recommendation in regards to the request of Branch 129, Columbus, Ohio, for an additional loan of $15,000, and action is deferred until the March directors’ meeting. This action is taken over one dissenting vote. 36. ) The Board authorizes the National Treasurer to have ihe repairs done, as necessary, in the Home Office Building. 37. ) The Board hears the report of the National Bowling Tournament Committee in regards to the last tournament and the detailed plans for the 1950 National Bowling Tournament. 38. ) The Board approves the reports and resolves that the Seventh Verhovay Annual National Ten Pin Tournament be held on May 26, 27, 28, 1950, in Youngstown. Ohio. The Board approves over three dissenting votes the Committee recommendation in regards to a campaign for the raising of funds toward the expenses of the tournament. The Board approves the Committee recommendation that the vacancy in the committee, created by the death of Chairman Albert B. Ari, be filled with director Mike Korosy. The Board appoints National Auditor John Sabo Tournament Administrator and assigns Henry Rettmann as his assistant. 39. ) The Board acknowledges the repC\t concerning the sale of the furniture of the former Detroit Verhovay Home, which brought the sum of $350.00. 40. ) The Board resolves that the Degree of Illustrious Member be bestowed upon Anton Tankovich of Branch 129, Columbus, Ohio, and Stephen Toth of Branch 216, Northampton, Pa., inasmuch as these members have met with the requirements set by the Board for the conferring of this award. 41. ) The Board approves the following resolutions adopted by mail: a. ) the purchase of an addressograph for the Home Office, b. ) the adoption of the assignments of the branches to the five organizing fields. 42. ) The Board authorizes our further participation in the American Hungarian Relief, Inc., and delegates Director Aloysius C. Falussy to represent our Association at their proceedings, as the successor of the late Albert B. Ari. 43. ) The Board acknowledges with thanks the letter of George Kemeny tendering his sympathies in the loss of Vice- President Albert B. Ari. 44. ) The Board acknowledges with sincere appreciation the donation of $80.85 from Branch 13, Trenton, N. J., and the donation of $250 contributed jointly by the branches sponsoring the Eastern Verhovay Day, toward the Crippled Juvenile Members’ Fund. 45. ) The Board acknowledges with sincere thanks the greetings of George Modok, Manager of Branch 33, Windber, Pa., and of Joseph Subits, Manager of Branch 216, Northampton, Pa. 46. ) The Board entrusts Vice-President Dr. Andrew Kovács with continuing the work of the late Albert B. Ari, corresponding with the scholarship loan recipients with a view to collecting the outstanding loans. 47. ) To perpetuate the memory of the late lamented Vice- President and director Albert B. Ari, the Board authorizes the placing in the Board Room of a bronze plaque suitably engraved with his name, and also directs that one of the National Bowling Tournament trophies be named in his memory. 48. ) The Board hears the report in regards to the Verhovay Fund for the Aiding of Crippled Juvenile Members and notes that the appeal made this year on behalf of this fund has netted up to this date approximately $5,000. The Board approves the assignment to this fund of the monies remitted to the Home Office by the Verhovay Homes, representing 5% of their profits, and authorizes the mailing in 1950 of letters solociting contributions for the augmenting of this fund to be used for the aiding of crippled juvenile members as well as aged members. 49. ) The reports of the National Officers are adopted in detail and approved in their entirety. 50. ) Alexander Nyirati and William C. Kohut, members of .the Auditing Committee appear before the Board and extend their greetings. 51. ) The Board instructs the Home Office to prepare the list of the directors and the areas under their jurisdiction and to have these mailed to the branch managers for the information of the branch officers. 52. ) In view of the fact that all business on the agenda of the meeting has been completed, National President John Bencze announces the conclusion of the meeting. He expresses his appreciation to the Board members for the Degree of Illustrious Member conferred upon him and National Secretary Coloman Revesz, and sincerely commends the directors for the work accomplished. He calls upon them to continue to work for the good of the Association when arriving in their homes, and especially to assist him in finding proper field men for our organization. Calling for their continued cooperation he bids them Godspeed and a safe homeward journey. 53. ) Charman of the Board Julius Macker similarly expresses his thanks to the Board members for their patience and sincerely commends them upon the work performed, bidding them farewell until the next session. He adjourns the meeting on Friday, September 16, 1949, at 7:10 p.m. JULIUS MACKER, Vice-President, Chairman ANDREW KOVÁCS, M.D. Vice-President ALOYSIUS C. FALUSSY HENRY GROSS JOHN A. HORNYAK COLOMAN KOLOZSVÁRT MIKE KOROSY JOHN BENCZE, National President JOHN SZALANCZY. National Treasurer RICHARD J. PHILLIPS, Recording Secretary STEPHEN LANG STEPHEN NYERS JOSEPH S. TAYLOR JOSEPH TURNER LOUIS VIZI Directors COLOMAN REVESZ, National Secretary JOHN SABO, National Auditor Mayor Of Cleveland Salutes Jos. Szalay At Rr. 14 Banquet (Continued from page 5) sented the gift of the Women’s Social Club to Mr. and Mrs. Szalay ... when Mr. Bertram Szilagyi presented a gorgeous bouquet, the gift of Mr. and Mrs. Szalay’s children to their beloved parents . . . when Mr. Szalay tried to find words to express his deep appreciation of the gifts and honors bestowed upon him . . . when Mrs. Szalay had the members of the Women’s Club lined up before her to thank them for their kindness and help in the arrangements for the testimonial dinner . . . EXCELLENT ENTERTAINMENT Splendid features of the program were: the vocal soloes of Miss Ilona Majoros, the accomplished vocalist, whose appearance on any program is always a great attraction; the vocal' solo of Barna Szarvas, the popular singer with the appealing voice; the dance duet of Margie Olah and Zoliié Kocsis, who were warmly applauded . . . Considering everything: it was an excellent affair for which credit is due to the members of Branch 14, the enthusiastic committee, the untiring ladies, the hard working men, who gave their best efforts to assure the success of this event. And it was successful, too, not only because everybody cooperated, but, also, because Mr. and Mrs. Szalay really deserved the recognition accorded to them. May they be granted a long life, in good health, to the joy of their children, the members of Br. 14 as well as of the entire Association! SPEAKING OF “BULLS” The absent-minded professor who went to mow the lawn with a carpet sweeper wasn’t half as embarrassed when he discovered his mistake as was the school teacher who smiled and spoke very friendly to a gentleman and then discovered she didn’t know him. By way of explanation, she exclaimed: “Oh, pardon me; I thought you were the father of one of my children.”
