Verhovayak Lapja, 1950 (33. évfolyam, 1-12. szám)
1950 / Verhovay Journal
PAGE 12 Verhovay Journal October 18, 1950 ELSIE J. ARI BECOMES BRIDE OF JOHN A. FEDOR, M.D. DR. AND MRS. JOHN A. FEDOR The marriage of Miss Elsie 1. Ari, member of Branch 417, Trenton, N. J., and Dr. John A. Fedor, member of Branch 13, also in Trenton, took place in the Prospect Street Presbyterian Church in Trenton on Saturday, August 26, 1950, at 4 p.m. The Rev. John B. Oman, pastor of the First Methodist Church, officiated at the ceremony, assisted by the Rev. Francis Koncz, pastor of the John Kálvin Reforiffed Church. Miss Lili Orosz was the soloist, accompanied on the organ by Mrs. Albert Baytel. Miss Ari, daughter of Mrs. Mary P. Ari and the late Melchior Ari, and sister of the late Albert B. Ari, former Chairman of the Board and Vice- President of the Verhovay, was given in marriage by her brother, Maynard Ari. The lovely bride wore a gown of sheer white nylon. She had four bridesmaids who were attired in pink nylon gowns and wore large matching picture hats, and a matron-of-honor who was attired in a sheer lavender nylon gown and a matching picture hat. Following the ceremony, a large reception was held at the Trenton Magyar Hall. The couple then left for a honeymoon in Canada. Dr. John A. Fedor is presently a medical examiner for the Trenton branches of which Field Supervisor Frank J. Cher is the manager. The bride is secretary of Branch 417 which was founded and developed by her brother, the late Albert B. Ari. Congratulations and best wishes for a long, prosperous and happy life go to the newlyweds from all members of the Verhovay. THE REPORT OF THE AUDITING COMMITTEE CERTIFICATE OF AUDIT We have audited the books and accounts of the Verhovay Fraternal Insurance Association for the six months beginning January 1, 1950 and ending June 30, 1950, and We Certify to the correctness of the financial schedules for the abote-mentioned period as shown in the Semi-Annual Statement as published in the September 6, 1950 issue of the Verhovay Journal. An examination was made of all income accounts consisting of Interest on Mortgage Loans, Real Estate Loans, Membership Certificate Loans, Bonds, Bank Deposits: Receipts from Verhovay Branches, Trust Deposits, Home Office Building, Handling, Charges, Stock Dividends, Profit on Bonds Sold, and other minor miscellaneous income. All of the above income items were veri[ tied as having been received, and traced back into the various ledgers and journals. The securities of our Association were examined in the vaults of the Mellon National Bank and Trust Company, and verified. The examination of these securities disclosed that as of June 30, 1950, there was a total book value of $2,001,636.25 in United States Government Bonds, $97,542.72 in Industrial Bonds, $1,959,- 354.36 in State and Municipal Bonds, $741,214.68 in Railroad Bonds, $87,615.21 in Railroad Equipment Trust Certificates and $5,097,491.63 in Public Utilities Bonds for a grand total of $9,984,- 854.85 in our major investment portfolio. -Our examination further verified the fact that all bond coupons were promptly presented for collection when due, and that all monies thus obtained along with those funds received from the sale of securities were accurately credited to our account. A very careful, detailed analysis of all monies disbursed by our Association was made for the six months under study. It covered such items as Death Benefit, Sickness and Accident, and Permanent Disability Claims, cash surrenders, medical examination fees, all salaries, commissions and collection fees, Home Office Building, Official Publication, Advertising, Traveling expenses, and all other payments made and listed under the disbursement heading, and included in the totals of the six month’s period. All vouchers and supporting papers for these payments were carefully examined and all payments were found to have been made according to the provisions of the by-laws of our Association. The accounts of the 7th Annual Verhovay National Bowling Tournament, held in Youngstown, Ohio, May 26 to and including May 28th, 1950, were audited and found correct. The Auditing Committee discovered that many checks issued for sick benefit claims, and collection and commission fees, were being cashed one, two and three months after receipt. All Branch Managers and Members are requested to please cash their checks promptly upon receipt. It can be stated that our examination definitely ascertained that the official data as published by the Home Office in the official Journal of our Association from month to month, presented a true and accurate picture of the financial condition of our Association. HOW TO DETECT A COMMUNIST (Continued from page 11) The American believes in buying his own home, laying aside somethingin the bank for his later years, and in protecting his family through life insurance in the event of bis premature death. The Communist theory wherever it has been put into operation has resulted in the seizure of private property, including savings accounts, and has rendered life insurance policies worthless scraps of paper. The American believes that each man and woman has personal rights and dignity that are sacred. The Communist says the individual is 'only a cog in a vast machine, perhaps of no more value than a cow or a plow to the all-pow erful. State. The American is a lover of peace, at home and abroad. The Communist seeks forever to stir up strife, hoping that when others have exhausted themselves he and his comrades can step in and take over. The American supports law and order, including the police and other civil authorities. The Communist detests the police, and always seeks to defy and embarass them. There are other stigmata of the Communist disease, too, but space limitations prevent further discussion at this time. If you keep this with you, though, you will know how to make authoritative judgements on this critical subject. Having launched a sustained campaign against the Communists for many years, and referred to as “the man the Communists hate most,” I intend to continue my fight until the ultimate victory. I am appealing to all loyal Americans to assist in our campaign against these most dangerous and despicable enemies of our country. The Statement of Assets as of the first auditing period of 1950, i.e., Jan. 1, 1950 to June 30, 1950, is as follows: 6 Mth Period Ending Assets June 30, 1950 ............................... $11,295,205.55 Jan. 1. 1950 ................................... 10,814,395.38 Net Increase $ 480,810.17 Our examination commenced the morning of September 11th, 1950 and was completed the evening of September 23, 1950. AUDITING COMMITTEE: ALEX NYIRATI GÁSPÁR PAPP WILLIAM C. KOHUT Silver Anniversary of Mr. and Mrs. J. J. Danch It is with sincere affection that we extend our congratulations and best wishes to Mr. and Mrs. Julius J. Danch of Gary, Ind., on the occasion of their twenty-fifth wedding anniversary on September 26th, 1950. Holy Mass was celebrated in the morning at 8 a.m. in St. Anthony’s Church and a reception, attended by many friends and well-wishers was held in the evening- at 7:30 p.m. in the American Hungarian Center. Mr. Danch, a successful businessman, deputy sheriff, and manager of Branch 138, is well-known for his various civic, patriotic and fraternal activities. To him, his wife and their splendid family go our best washes for their continued happiness foxmany years to come.
