Verhovayak Lapja, 1953 (36. évfolyam, 1-12. szám)
1953 / Verhovay Journal
PAGE 12 Verhovay Journal July 15, 1953 FOR 30 YEARS OF YERHOVAY SERVICE (THE TRIBUNE DEMOCRAT, Johnstown, Pa. felvétele) Veteran Verhovay worker Frank Dudash of Branch 8, Johnstown, Pennsylvania, is shown (second from left) accepting the Illustrious Citation from Director Louis Vizi, Scalp Level, Pennsylvania. Next to Mr. Dudash is Mrs. Mary Ann Dopirak, auditor of Branch 8, who presented him with a set of gold cuff link's, gift of the branch. Watching with intense interest and pride' is Mr. Dudash’s wife (extreme right). POWER CITY NEWS SPRINGDALE, PA. AND VICINITY by Edward A. Mattie * Branch 296 The biggest event of the year is finally over. I am very glad to report that our picnic on June 14 turned out to be a thrilling success. Usually when an affair of this sort is held there is always great concern shown for the weather. But we had our fingers crossed and lady luck was with us for it did not rain one drop. I think that everyone has come to the conclusion that the date was a little early for the warm weather. But in spite of the cool weather, we had a grand turnout. A very sincere thanks to everyone who attended this event. It is felt that with a warmer day a still bigger crowd could have been anticipated. The biggest compliment received was from the many people who expected us to have two picnics this year, also from the people who anxiously inquired about the date of our next picnic, Never before have so many inquiries been received. Great appreciation and tribute is given to all our members who did such a good job in making this picnic a success. Special thanks to the men who butchered the two hogs, to the women who worked in the kitchen, and to the men who worked at the other concessions. The kolbász, laci pecsenye were very popular, in fact all the food was a complete sellout. The Black Angus Rotisserie was won by Joseph Barta of Logans Ferry. The set of three lawn chairs was awarded to Miss Dorothy Shavensky of Leechburg. The music of Joseph Baldwin and his orchestra was enjoyed. The dancei floor is the best that can be found anywhere. Two of our loyal workers were greatly missed at the picnic. On June 11 Nick Polombo, with one slip of the foot, fell and broke his leg in two places. The next day Paul Pastierik was rushed to the hospital. The members of Branch 296 wish both these men a very speedy recovery. CONGRATULATIONS To Mr. and Mrs. Alex Korponay, Jr. upon the arrival of a daughter. And to Mr. and Mrs. Michael Horwath upon the birth of a son. MISCELLANEOUS John Bal a III, our president’s son, has been discharged from the Navy after serving three years. Alex Üveges received a quick promotion to the rank of sergeant. Alex is - with the 'Army in Korea. He is the son of our controller. William Wargo is- still a patient at. Veterans Hospital, Aspinwall. Mrs. Louis Antal, Sr. is a patient at the Citizens General Hospital in New Kensington. Other members on the sick list are Mrs. Louis Ostroska and Mrs. Joseph Wislie, Jr. Condolences to Paul Van Tine and family whose mother passed away recently. Statement for the Month of April, 1953 Life Benefit Disability Combined Department Department Departments I. Ledger Assets as of March 31, 1953 13,050,328.77 652,573.3413,702,902.11 II. Income Monthly Dues ...................................122,430.11 13,280.45 135,710.56 Interest on Mortgage Loans ..........1,792.42 —.—1,792.42 Int. on Mbship. Certif. Loans ....... 27.11—.— 27.11 38,060.13 _ _ 38,060.13 Interest on Bank Deposits .............. 56.44--.--56.44 Interest on Real Estate Loans ....... 15.17—.— 15.17 Home Office Building Income .........3,547.50 —.— 3,547.50 Miscellaneous Income ......................28.20 —.— 28.20 Profit on Sale or Maturity of Bonds 86.84—.— 86.84 Deposits to Trust Fund ..................1,882.17 1,882.17 Handling Charges - Cash Surrenders 375.00—.— 375.00 Handling Charges - Cert. Loans ..... 2.70 ,—.— 2.70 Deposits to Pension Fund .........._...530.70 —.— 530.70 1953 Bowling Tournament Income....504.10 504.10 Reimb. from Juvenile Order for Combined Expenses ......................4,868.35 4,868.35 Employees and Officers -Withholding Tax Deductions ..... 3.2Í7.55 3,217.55 Employees and Officers -* ' -Social Security Deductions ...........291.84 291.84 Total Income ...........................177,716.33 13,280.45 190,996.78 TOTAL ...............................13,228,045.10 665,853.7913,893,898.89 III. Disbursements Death Benefit Claims ......................38,611.13 --.--38,611.13 Matured Endowments ...................... 3,136.50 —.—3,136.50 Cash Surrenders ..............................10,579.36 --.--10,57^.36 Dividends .........................................656.87 --.---656.87 Home Office Bldg. Disbursements ... 3,041.72 —.—- 3,041.72 Investment Expenses ...................... 783.72—.— 783.72 Actuarial & Auditing Expenses .... 488.41 488.41 Monthly Dues Refunds ....................349.45 —.—349.45 Accrued Bond Interest .......... 866.60—.— 866.60 Sickness and Accident Claims .- --.--14,749.65 14,749.65 Permanent Disability Claims —.—800.00 800.00 Advertising, Printing, Sta.................1,363.48 28.75 1,392.23 Trust Fund Paid Deposits ..............3,521.19 —.— 3,521.19 Premium Refunds ..........270.34 —.— 270.34 Commissions .....................................6,691.10 —.— 6,691.10 Medical Examinations ......................680.00 --.--680.00 Collection of Dues ..............'...........8,143.40 —.— 8,143.40 Juv. Order Combined Expenses .....4,868.35 —.— 4,868.35 Miscellaneous Expense ....................35.00 —.— 35.00 Inspection of Risks ..........................95.45 —.— 95.45 Office Employees Salaries ■ ... 6,795.16 6,795.16 Salaries - Officers & Trustees .......3,783.32 3,783.32 Travel and Other Expenses ..........2,824.59 2,824.59 Insurance Department Fees ............. 20.00 —.— 20.00 Branch Office Rentals .............. 310.07--.--310.07 Home Office Rental ................ 910.00—.— 910.00 Gen. Office Main. & Mise. Expenses 129.65 129.65 Office Mach. Main. & Other Equip. Main. 1,138.97 ___ 1,138.97 Postage, Teleg., Telephone, Express 501.07 ___ 501.07 Donations ............................. Kft ft ft 50.00 American Hungarian Federation .... 83.33 ___ 83.33 Verhovay Fund ..... 83 33 83.33 Official Publication ..........................1,301.42 _ -1,301.42 Other Legal Expense ....................... 225.00--.--225.00 Furniture and Equipment ...........'...782.56 --.--782.56 Bureau & Assn. Dues & Assessments200.00 --.--200.00 Books, Newspapers & Periodicals....4.95 --.---4.95 Social Security- Federal Tax ..........923.95 --.---923.95 States Unemplovment Tax ...........*242.60 --.--242.60 1953 Bowling Tournament Expense64.80 --.--64.80 Collector of Internal Revenue -Withheld Taxes—March, 1953 ....3,476.74 3,476.74 Total Disbursements ..................108.033.58 15,578.40 123,611.98 Ledger Assets - April 30, J953 .....13,120,011.52 650,275.3913,770,286.91 J,OHN SZALANCZY JOHN SABO National Treasurer National Auditor LEDGER ASSETS- APRIL, Real Estate — Home Office Building Less Reserve ..............................-.......................................... Accounts Receivable ...............................................................•••■■ Mortgage Loan Account .......................................:...................... Branch Real Estate Account ....................................................... Bond Account .........................,.........................-..............-............. Loans and Liens ..........................................................._.............. Stock Account ................................................................................. Cash Account ................................................................................... Savings Account .1........................................................................... Total Ledger Assets ........................................................... 1953 $ 120,516.80 70.00 575,999.87 5,915.97 12,278,120.69 552,439.71 35,032.47 162,297.95 39,893.45 $13,770,286.91 JOHN SZALANCZY National Treasurer JOHN SABO National Auditor
