Verhovayak Lapja, 1951 (34. évfolyam, 1-12. szám)
1951 / Verhovay Journal
PAGE 4 Verhovay Journal July 18, 1951 Verhovay Journal Journal of the Verhovay Fraternal Insurance Ass’n. OFFICE OF PUBLICATION 7907 West Jefferson Ave. Detroit 17, Mich, PUBLISHED MONTHLY BY THE Verhovay Fraternal Insurance Association Managing Editor: JOHN BENCZE Editor: JOHN SABO Editor’« Office: 435—442 FOURTH AVENUE PITTSBURGH 19, PA. Telephone: COurt 1-3454 or 1-3455 Ali articles and changes of address should he sent to the VERHOVAY FRATERNAL INSURANCE ASSOCIATION 43t>—442 FOURTH AVENUE PITTSBURGH 19, PA. SUBSCRIPTION RATES: United States and Canada ____________________ $1.00 a year Foreign Countries .................................................... $1.50 a year------*----------------— ---------------------------------------------------------------------------■— ------------------— Entered as Second Class Matter at the Post Office at Detroit, Michigan under the Act of March 3, 1879. OFFICIAL COMMENT THE DOUBLE STANDARD Rising living costs are usually accompained by salary and wage increases. In the last ten years we have witnessed round after round of salary and wage increases and a good many of these increases were granted voluntarily because everyone from the top business executive to the average working man realized the necessity of periodically adjusting salaries and wages to keep in line with the rising living costs. This practice is the accepted standard. However, a recent development emanating from one of the District Sessions certainly did not produce any evidence that the accepted standard should be the same standard, for the fulltime workers of our Association. A resolution was passed to be presented to the National Convention that the Board of Directors be prohibited from increasing the salaries of not only the officers but also the employees of the society. This District would restrict salary increases to only the National Convention and since the National Convention meets only once every four years this would mean that even though living costs continue advancing nothing could be dene to grant the officers and employees salary increases. Such a policy would indeed be a very poor one for all our full-time workers and it would definitely not be in the best interests of the society. How long would our organization, or any organization, be able to hold key men and women in responsible positions if it followed such a policy? For that matter we wonder how long any of those who advocated such a policy would work for an organization that had such'a poor policy? Not long! Why then should anyone want to apply to ,our society the opposite to the accepted standard? If we want our society to progress and we want to see it grow large and mighty and if we want to see it led by capable and understanding men and women we should practice the golden rule “do unto others as you would have others do unto you.” MAKE LOAN PAYMENTS REGULARLY Those who have loans on their membership certificates would be wise if they paid regular monthly installments to reduce the indebtedness as soon as possible. Many members make the mistake of forgetting to repay the amount borrowed and the principal of the loan increases annually because the unpaid annually compounded interest is added to the principal. Even though our Association figures its interest at 4% — one of the lowest, if not the lowest rates — still the indebtedness can grow quickly to a very sizeable amount. A regular repayment plan should be provided by those members who have loans even if the amount of the payment is only a dollar or two each month. Regular installment payments will decrease the balance of the loan and at the same time it will increase the amount of your protection. Also it is always a nice feeling to know that you have an amount on hand cn loan-free certificates which can be borrowed to tide you over any emergency. If you still owe something on .your loan then by all means MINUTES OF THE DISTRICT MEETINGS « (Continued from page 2) VAGNER, District President, JOHN VIZI, District Secretary. DISTRICT 16 Crescent, O. Minutes of the meeting of District 16, held on June 17, 1951, in Crescent, O. President calls the meeting to order at 16 a.m. and requests the delegates to submit their credentials upon examination of which the District Secretary finds that the meeting of District 16 consists of 13 Voting members^ The following branch representatives are present: Br. 5, John Kovács, 10, Stephen Petho, 46, John Petrash, 53, John Kertay, 73, Daniel Bartók, 86 Daniel Vargo, 153, George Pogány, Jr., 237, Joseph Fajcsi, 288, Louis Katona, 324, Peter Soltész, 349, John Balint,, 452, Dennis Palfalvy, 564, Joseph Hutkai. Secretary reads the minutes of the previous meeting which are approved and signed by two delegates. The election of the district officers follows. Protein chairman John Petrash. District1 President for the following four years is Louis Katona and Recording Secretary Stephen Petho. The amendments to the By-Laws proposed by the Board of Directors are partly approved by the meeting. District 16 disapproves of the recommendation of the Board that the branch-managers be appointed by the Home Office. The branches shall continue exercising their rights in this matter. The meeting recommends that) membership in the sick benefit department shall not cease at the age of 65 of the present new members but that they shall be eligible to remain lifetime members of this department. The age limit for women shall be raised from age 40 to 45. This would prove a great advantage in securing new members. The meeting approves the recommendation of the Board that the number of the members of the Board of Directors be reduced to seven (nine). The meeting recommends that the National President and the two Vice-Presidents shall be the Chairman and co-chairmen, resp., of the National Convention. The meeting recommends that the Convention ho’ioraria be reduced with the exception of that of the recording secretary. The meeting adopts a recommendation according to which the manager shall be obliged to share his commissions on new business with the person who secured same. Thei meeting recommends that the National Convention shall last no longer than one week. Alexander Nyirati, member of the Auditing Committee, attends the meeting and renders information in regards to the assets of the Association. District 16 resolves that the next district meeting be held in the Verhovay Home of Crescent, O. The following are elected delegates to the National Convention: Stephen Petho from Br. 10, George Pogány from Br. 153. Alternates: Louis Katona from Branch 288 and Peter Soltész from Branch 324. After determining the expenses of the session, the meeting is adjourned. LOUIS KATONA, District President, STEPHEN PETHO, District Secretary. DISTRICT 16-B Br. 40, Martins Ferry, O. Minutes taken at the meeting of District 16-B held on June 17, 1951. Present were 52 members which necessitated the renting of a hall the rental of which was §20. The district meeting does not approve the recommendation adopted by the Board of Directors at its April, 1951, meeting, according to which it is proposed that the National Convention eliminate membership in the sick benefit department from the requirements of eligibility of members as delegates to the district meetings and the National Convention. It is the wish of the district that only those be eligible (Continued on page 5) for your own best interests make arrangements today with your branch manager for regular monthly installment payments. INVITATION TO THE XXII NATIONAL CONVENTION In line with the provisions of our By-Laws our National President and National Secretary have issued the official invitation to the duly elected delegates of the National Convention which will convene September 10 at 9 A.M. Eastern Daylight Savings Time, at the Roosevelt Hotel, Penn and Sixth Streets, Pittsburgh. This convention will be a very lively one and will be unique in the fact that for the first time it will be held for only one week. In the past the National Conventions lasted for two weeks and the costs of such lengthy sessions always taxed the budget of the society. When the members learned of the excessively high costs of such two-week coonventions they voted at the last December Branch Meetings that the Convention should not go beyond the period of one week. Their approval of the one-week session is further shared by some of the District Sessions who also approved the one-week meeting. The members of this society have every right to demand that the Convention last not longer than one week. There is no good reason why our Convention cannot be finished in that time. It will be very important that the Convention elect as its Chairman and two Vice-Chairmen men who are thoroughly familiar with the ins and outs of the business of our society, and who will know how to conduct the meeting in a parliamentary way, and who will religiously adhere to the agenda of the Convention. The proper Chairman and two Vice-Chairmen will assure the success of the one-week plan. All members elected as National Delegates should now make the necessary arrangements with their employers to take off the week beginning September 10 so that they will be on hand to do their part in planning the future of the society for the next four years.
