Verhovayak Lapja, 1951 (34. évfolyam, 1-12. szám)
1951 / Verhovay Journal
November 21, 1951 Verhovay MINUTES OF THE BOARD OF DIRECTORS’ MEETING (Continued from page 4) d. ) Authorizing the increasing of the honoraria of the members of the Auditing Committee from $200 to $400 per annum. e. ) Set the salaries of the National Officers to be elected by the Convention at $10,000 per annum instead of the presently paid $6,600.f. ) That an amount of $1,000 per annum be set aside in the budget for the Verhovay Fund by the Convention. 25. ) Since the 1947 National Convention had authorized the establishment of a Verhovay Pension Fund for the purpose of assuring a retirement income to those workers of the Association who have spent many years in our service, the Board requests the Convention to approve the setting aside for the next four years, the sum of $10,000 per annum with which to help the plan now under consideration to commence operations. 26. ) Mr. Keene, the Actuary of the Association, appears before the Board to discuss with the directors and the national officers the Pension Plan for the Association, the details of which the national officers were instructed to work out in consultation with the Actuary, at the April Board meeting. After a lengthy discussion, the Board adopts the Pension Plan as submitted. 27. ) In accordance with the Actuary’s recommendation and the request of the New York State Insurance Department, the Board adopts the changes in the war clause rider and instructs the Home Office to have it changed from the “Status Type” to the “Result Type” war clause rider. 28. ) Field Manager Henry Rettmann submits his report to the Board concerning his organizing operations and plans. After hearing it, the Board approves same and orders it to be presented to the National Convention. 29. ) The Board acknowledges the report of the Insurance Department of the State of Pennsylvania concerning their recent examination of the Association. 30. ) National Secretary Coloman Revesz reports that invitations to attend the Convention have been sent to Mr. Oscar A. Kottler, Deputy Insurance Commissioner of the State of Pennsylvania; to the Hungarian Reformed Federation of America; to the Rákóczi Aid Association; to the American Life Insurance Association of Bridgeport, Conn., and to the American Hungarian Federation. To date he has received replies accepting our invitation from the Rev. Dr. Francis Újlaki and Albert Fiok of the Hungarian Reformed Federation of America, and from Mr. Oscar Kottler, Deputy Insurance Commissioner. He also reports that a stenographer has* been engaged for the Convention to facilitate the taking of the minutes of the proceedings, 31. ) The Board acknowledges a letter of Convention- delegate Leslie Monos of District 33, advising of his inability to attend, and delegating in his place alternate delegate Michael Duruttya of Alliance, O. 32. ) Alexander Nyirati, chairman of the Auditing Committee, appears before the Board. On behalf of his committee, he expresses extreme satisfaction over the economy program successfully pursued during the past four years, as evidenced by their audit just completed. He compliments rhe Board for work well done and expresses his wish that it be continued. 33. ) In recognition of their 12 continuous years of service on the Board of Directors, the Board orders that the Degree of Illustrious Member be conferred upon Vice-President Julius Macker and Director Louis Vizi. 34. ) The report of the Financial Committee is acknowledged by the* Board and their recommendations continued therein are approved and adopted. 35. ) The Board considers the appeal of member Albert Pete of Branch 159, requesting that it be referred to the Convention for action. In View of the Board’s findings and the fact that the decision rendered by the Homei Office was correct, the Board regrets but it cannot comply with the request. , 36.) The Board acknowledges the report of National Auditor John Sabo concerning the results of thd 8th Annual Verhovay National Bowling Tournament held in Chicago, 111. To tjje National Auditor who acted as Tournament Administrator, and the three directors who asskted in the administrative work of the tournament, the Board expresses its greatest appreciation. 37. ) Mrs. Julius Fodor, publisher of the Detroit Hungarian News and the Verhovay Journal, appears before the Board to express her appreciation to the Association for the confidence placed in her and her organization by the Association and its officers. The Board is deeply moved by her courtesy and good will and expresses its hope that this understanding and harmonious relationship will prevail in the future also. 38. ) The Board acknowledges the letter of Frank Toth, deleg-ate of District 3, advising of his inability to attend the convention and delegating alternate Stephen Szemes to take his place. . 39.) After studying the Minutes of the District Sessions, the Board determines that the proposed modifications of the By-Laws as set forth by the( Board, have been approved by the majority of the district sessions. In view of the desire of the Board that the coming Convention completa its ousiness in one week, it urges the Convention chairman to impress this fact upon the delegation so that deliberations may be accelerated! The meeting is adjourned on Friday, September 7th, at 6 p.m. MINUTES raken at the meeting of the Board of Directors of the Verhovay Fraternal insurance Association, held in the Board Room of the Association on Saturday, September 15th, 1951, after the National Convention. With the exception of Stephen Nyers, the members of the former Board are all present as well as the newly elected directors Albert Ibos, Alexander Gyulay, John Vizi, Gay B. Banes, fui-thermore the National Officers and Legal Counsel Stephen Matasy. 40. ) Vice-President Julius Macker calls the meeting to order at 9.15 a.m. and bids a warm farewell to retiring directors John Hornyak, Michael Korosy, Joseph Taylor and the absent Stephen Nyers, whom the National Convention did not re-elect. 41. ) National President John Bencze also bids farewell to those retiring as a result of the election of the National Convention and requests them to do their best in behalf of our Association in the future, too, just as they/ have done during their terms as members of the Board. 42. ) John A. Hornyak bids farewell to his fellow-directors and asks them to operate in the future, too, in the spirit of the thirteen founding miners. 43. ) Joseph S. Taylor regretfully bids his fellow-directors farewell and promises to be a faithful worker of our Association in the future, also. 44. ) Michael KorOsy expresses his grateful thanks to his fellow-directors Journal * PAGE 5 The Board of Directors of the Verhovay Fraternal Insurance Association announce with profound sorrow the death of KALMAN PALANGI Appreciated Member of the Association, a former Organizer at Branch No. 48, New York, N. Y., suddenly on October 22, 1951. The Board of Directors, paying final tribute to the memory of our Appreciated Fellow-Member, ccuvey on behalf of the 'membership of the Verhovay Fraternal Insurance Association their deepest sympathy to the bereaved family. for the ready assistance extended to him during the past four years and states that during this period he acquired wonderful experiences and promises to remain in the future, too, a faithful Vei’hovay worker. 45.) At the expiration of the term of the Board of Directors elected in 1947, National President John Bencze declares that we have written history during these four years and inaugurated tremendous innovations for the benefit of the Association’s progress. “We have sown during four years,” he said, “the harvest of which will be reaped in the years to come.” He calls the attention of the Board members to the fact that the completion of the National Convention in 5 days is unparalleled in the history of our Association and this also was attainable only because the Board of Directors, thé Auditing Committee and the National Officers always worked with mutual gcod will, co-operation and understanding. With these remarks he adjourns the meeting. JULIUS MACKER, Vice-President, Chairman of the Board ANDREW KOVÁCS, M.D. Vice-President, ALOYSIUS C. FALUSSY HÉNRY GROSS JOHN A. HORNYAK COLOMAN KOLOZsVaRY MICHAEL KOROSY JOHN BENCZE, National President JOHN SZALANCZY National Treasurer MINUTES Taken at the first Special Meeting of the newly elected Board of Directors, held in the Home Office Building of the Verhovay Fraternal Insurance Association on Saturday, September 15, 1951. Present are: National President John Bencze, Vice-Presidents Julius Macker and Dr. Andrew Kovács, Directors Aloysiüs C. Falussy, Joseph Turner, Henry Gross, Coloman Kalozsvary, Gay B. Banes, Albert Ibos, Alexander Gyulay, John Vizi, Louis Vizi, Stephen Lang, Richard J. Phillips, as well as National Secretary Coloman Revesz, National Treasurer John Szalanczy, Naational Auditor John Sabo and Legal Counsel Stephen Matasy. 1. ) National President John Bencze calls the meeting to order at 11.05 a.m., and greets the new Board of Directors with gracious words. He appeals to them to do everything possible for the progress oi our Association i just as their predecessors did. 2. ) The Board resolves not to elect the Chairman and Secretary of the Board of Directors at' this meeting and requests National President John Bencze to conduct this meeting. 3. ) The request of Coloman Kaldor, President of the American Hungarian Press Association (Association of Hungarian weeklies) personally submitted by him, is acknowledged by the Board. 4. ) The Board announces, in the form of a resolution, brought with two dissenting votes, that the Annual Verhovay National Bowling Tournament is to be held in 1952 also. The Board delegates Vice-President Andrew Kovács, M.D., Directors Richard J. Phillips and Gay B. Banes into the Tournament Executive Committee and requests National Auditor John Sabo to accept the office of Administrator for the future also. The Board authorizes this Committee of four to work out all details in -connection with the Bowling Tournament to be held in 1952, after which they are to submit a report. 5. ) The Board directs the National Officers to send out the amendments to the By-Laws to be approved by the Branches, without delay, and at ihe same time order’s that an advertisement be published for estimates for thdi printing of the By-Laws. 6. ) The Board discusses the latest appeal submitted by members Julius Xiucsik of Bethlehem, Pa., in the maiming benefit case of his son. The Board directs the Home Office to inform member Klucsik that as soon as a Maiming Claim Medical Report, which will be in äccordance with the regulations -contained in the By-Laws, will be submitted, the Maiming Benefit will be! issued. 7. ) National President John Bencze requests the members of the Board that even until they assemble again, they give thought to how they can make the activities of the Board of Directors even more effective and Valuable for the Association and, thus, adjourns the meeting of the Board of Directors. JOHN BENCZE, National President ANDREW KOVÁCS, M.D. Vice-President, GAY B. BANES ALOYSIUS C .FALUSSY HENRY GROSS ALEXANDER GYULAY ALBERT IBOS Directors COLOMAN REVESZ, National Secretary JOHN SZALANCZY, National Treasurer JOHN SABO, National Auditor JULIUS MACKER Vice-President COLOMAN KOLOZSVARY STEPHEN LANG RICHARD J. PHILLIPS JOSEPH TURNER JOHN VIZI LOUIS VIZI JOSEPH TURNER RICHARD J. PHILLIPS, Recording Secretary STEPHEN LANG STEPHEN NYERS JOSEPH S. TAYLOR LOUIS VIZI Directors, COLOMAN REVESZ National Secretary JOHN SABO National Auditor.
