Verhovayak Lapja, 1954 (37. évfolyam, 1-12. szám)
1954 / Verhovay Journal
January 20, 1954____________________________VerhoVay ANNUAL STATEMENT January - December, 1953 Life Benefit Disability Combined Department Department Departments I. Ledger Assets as of Dec. 31,195212,731,662.86 631,407.4113366,070.27 II. Income Monthly Dues ...............................1,192,232.85 165,630.6.»1,657,863.48 Interest on Mortgage Loans ..........22,181.70 --.---22,181.70 Int. on Membership Cert. Loans ....19,752.19 --.--19,752.19 Interest on Bonds ............................352,810.47 20,165.99 372,976.46 Dividends on Stocks .........................2,865.81 -- “ • 2,865.81 Interest on Bank Deposits .............528.59 —.—528.59 Interest on Real Estate Loans .....241.28 —.—241.28 Home Office Building Income .......41,979.48 —.—41,979.48 Miscellaneous Income 2,835.85 —.—2,835.85 Profit on Sale or Maturity of Bonds .............................................1.339.28 —.—1,339.28 Bond Amortization Increase .........1,262.88 —.—1,262.88 Reserve Transfer Account ............59,530.25 59,530.25/ Amortization of Mortgage Disc.1,009.64 --.---1,009.64 Transfer Jr. Order Check Acct. to Sr. Order.........................................19,809.21 —.—19,809.21 Deposits to Trust Fund ................13,163.36 —.—13,163.36 Handling Charges—Cash Surrender ..................................4,682.50 —.—4.682 50 Handling Charges—Certif. Loans ... 355.70 355.70 Deposits to Pension Fund .............. 16,269.20 16,269.20 Employees and Officers — Withheld Taxes — Dec. 1953 .....3,444.53 --.---3,444.53 Trans. Over 1% Trust Fund Inc. to Exp. Fund ...............................1,505.45 —.—1,505.45 1953 Bowling Tournament Income 8,707.60 —.— 8.707.60 Total Income ...........................2,066,507.82 185.796.62 2,252,304.44 TOTAL ..................................14,798,170.68 820,204.0315,618,371.71 III. Disbursements Death Benefit Claims .....................439,538.57 --.---439,538.57 Additional Accidental Death Benefits .........................................3,000.00 --.---3,000.00 Matured Endowments .....................29,386.50 --.---29,386.50 Cash Surrenders ..............................116,744.90 --.---116,744.90 Dividends .........................................7,960.36 --.---7,960.36 Home Office Building Disbursements ..............................23,544.72 23 .7 4 1 72 Imestment Expenses ......................4,386.39 --.---4,386.39 Loss on Sale or Maturity of Bonds 704.43--.--704.43 Depreciation of Home Office Bldg. Real Estate .................................5,021.53 --.--5.021.53 Bond Amortization Decrease ........8,302.95 --.---8,302.95 Actuarial & Auditing Expenses ...6,322.86 --.---6,322.86 Monthly Dues Refunds .....................3,303.80 --.--3,303.80 Accrued Bond Interest .....................4,349.12 4,349.12 Sickness and Accident Claims .......--.--129,779.06 129.779.08 Permanent Disablity Claims ...........--.--4,300.00 4,300.00 Trust Fund Paid Deposits ............23,555.95 —.—23,555.95 Transfer Over 1% Trust Fund Income to Expense Fund ................1,505.45 --.---1,505.45 Payor Benefits Waived ................... 35.44--.---35.44 Premium Refunds ............................2.913.97 --.---2,913.97 Reserve Transfer Acct....................59,530.25 --.---59,530.25 Trans. Jr. Order Check Ycct. to Sr. Order................................................19,809.21 --.---19,809.21 Pension Fund Paid Deposits ...........220.10 --.---220.10 Verhovay Pension Fund ................10,000.00 ___10,000.00 Donations ............... ....................971.45 971.45 American Hungarian Federation ....1,000.00 --1,000.00 Verhovay Fund 1,000.00 —.—1,000.00 Bureau & Association Dues & As• sessments ................................ 825.00--.---825.00 Books, Newspapers & Periodicals ....624.96 __---624.96 Commission ... .... .......84,421.20 S4 421 20 Medical Examinations ....................8,080.00 8,080.00 Office Employees Salaries ............80,232.53 ____80.232.53 Collection of Dues ..........................108,442.61 —.—108J42.64 Advertising, Printing, Stationery ..12,004.37 58.75 12,063.12 Salaries—Officers & Trustees .....46,100.00 --.--46.100.00 Furniture & Equipment ...................3,926.28 --.--3,926.28 Insurance Department Fees ...........1,366.25 --.---1,366.25 Travel & Other Expenses .............25,194.62 --.---25,194.62 Insurance, except on Real Estate ...2,300.10 --.---2,300.10 Official Publication ..........................14,472.57 ____14,472.57 Branch Office Rental .......................4,019.63 —.—4,019.63 Home Office Rental ........................10,920.00 * —.— 10,920.00 Office Mach. Main & Other JSquip. Main..................................................2,860.51 —.— 2,866.51 Inspection of Risks .........................460.01 460.04 Legal Expense ..................................2,800.00 —.— 2,800.00 General Office Main. & Mise. Expense ......................................... 730.43 —.—730.43 Postage, Teleg., Telephone, Express .........................................5,146.80 —.— 5,146.80 Social Security Federal Tax .........3,000.57 —.—3,000.57 Other Federal Taxes .......................2,184,12 —.—2,184.12 States Unemployment Tax 686.75 —.—686.75 Other State Taxes .......................... 5.00--.--5.00 SENIOR ORDER LAPSED FROM EXTENDED — NOVEMBER, 1953 26 Bergkessel Joseph; 34 Kavafa Joseph; 90 Gregorencsics An^r.; 160 Namath Ladislaus A.; 139 Dudás Joseph; 226 Gaydos Emil; 248 Krocker Janosne; 338 Kish Stephen; 443 Nenteth Stephen Iv. Total: 9. SENIOR ORDER LAPSED — NOVEMBER, 1953 14 Erossy Mrs. Joseph, Gozony Frank, Jutasy Eva, Miskey Steve; 15 Dombai Leslie, Stahl Frank D.; 17 Farkas Mrs. Frigyes; 27 Feyes Emery A., Feyes Rose H.; 34 Morrison Mrs. La'.vr.. Morrison Lawrence; 129 Yoli Dominic John; 159 Churgai Alexander, Chuvgai Mrs. Alex.; 247 Gombita Mrs. Faul; 296 Borrasso James; 303 Steirer Donald L.; 383 Fekete Julius. Total 18. SENIOR ORDER REINSTATED FROM LAPSED — NOVEMBER, 1953 8 Boroski Ronald E.; 15 ScPopf Rudolph, Sehoph Mrs. Rudolph, Schopf Thomas; 66 Zoltani Mrs. Daniel; 98 Hawk Herbert. Sam: 138 Bodnar Eugene P.; 145 Kuzma Andre.v; 159 Gatlos Elaine 3.: 432 Henderson Lewis P. Total 10. SENIOR ORDER REINSTATED FROM EXTENDED — NOVEMBER, 1953 Green Mrs. Cath.; 15 Parragh M>s. Dezső; 17 Babies Alexander, Jacobs Joseph; 26 Banch William A., Shay Cseh Frank Jr.; 36 Perlaki Ernest P.; 37 Pleckham Mrs. Will., Taksas Elaine, Tolnai Mrs. Andrew; 48 Tokár Mrs. Louis; 52 Radd Jessie, Smith Elmer, Zebaras Mrs. Louis, Zoltán Wolf, Zoltán Wolf, Zoltán Mrs. Wolf; 59 Barta Mrs. Ernest; 88 Lazzeri Irene; 90 Kiszely Michael: 98 Noe Joseph A.; 138 Bodnar James Jos., Bodnar William J., Onda John A. Jr., Onika* Mis. Aithur; 171 Smith I ouis R., Smith Louis R., Toth Albert; 216 Brickler Alois; 248 Schwab Barbara Ann; 249 Baiazs Julius. Nohacs George, Nohacs Mrs. George; 275 B'-ozovieh Mrs. Maiy; 291 Nagy Frank Jr.; 305 Gortvay Steven, Szirko Mrs. John; 345 Bokor Peter, Egyud Joseph; 361 Gurbach Mrs. Martin, Kovach Mrs. John; 366 Bolesic Paul P.; 420 Snyder Betty, Snyder Claude; 430 Laczkc Mary Ann; 443 Toth Leslie; 475 Szilagyi Miklós Dr., Varga I.aszle, Jr.; 511 Pallagi Paul, Sabo Julius Robert. Total: 50. SENIOR ORDER EXTENDED — NOVEMBER, 1953 2 Novitski John J., Szőke Stephen; 8 Demcoe Paul. Demcoe Mrs. Paul; 9 Gaspar Pal; 14 Matula Louis A.; 17 Cyprus John, Takacs Louis, Takarj Mrs. Joseph; 25 Bakano Jimmie; 27 Mitchey Janos, Mitchey Mrs. John; 31 Motil Mrs. George; S3 J.esniak Mrs. Andrew; 37 Kiss István; 45 Molnár Lajos, Nagy Mrs. Alexander, Nagy Alexander Jr., Nagy Joseph, Nagy Sándor Sr., Watt Stanley, Watt Mrs. Stanley; 59 Orlovsky Mrs. Geo.; 63 Varga Mrs. Jos, Sr.; 85 Brenzovirs Sándor, Lexie Catherine; 8S Torboii Mrs. John, 99 Monek John, Pfeiffer Julius, Roseman Irene E., llosmar. Mrs. Joseph, Toth Mrs. Stephen; 91 Pressdee Mrs. Irene; 96 Bolle Stephen; 98 Kovács Stephen; 138 Bulza Henry; 141 Szilvasy Endre F.; 142 Yanvari James; 159 Cliurgai Alex, Durham William L.; 163 Jovanou István; 171 Gibson Mrs. George; 172 Garay Geza; 189 Bunchy John; 249 Papai Ernest, Papie Fred Luke; 284 Sippola Mrs. Donald; 305 Gortvay Gyula, Kocsi Esther, . Sipos Theodore; 348 Horvath Eugene, Leonard Mrs. Edward; 361 Hegedűs Mrs. Char.; 376 Csetter Louis; 383 Goodali Andrew F., Goodall Mrs. Frank; 4i7 Marchisin Mrs. Wm.; 490 Me Cubbins Mrs. Wm, Nagy Louis A., Nagy Mrs. Louis, Staton Marjorie V., Toth Paul Joseph; 512 Stubbs William H.; 550 Serb Mrs. Elmer. Total: 64. JUNIOR ORDER REINSTATED FROM LAPSED — NOVEMBER, 1953 15 Schopf John; 37 Kiibide. William L.; 40 Czapp Christine D ; 138 Bodnár Antoinette, Bodnar Francis, Bodnar George, Lodnar Joseph, Onika Deborah S., Onika Patricia May; 171 Smith Louis Rich.; 272 Gaspar Eugene Ed.; 305 Szirko John Jr., Szirko Steven; 376 Doiahae Francis J.; 386 Seappino Angelina, Scappino Antoine, Scappino Carlo A., Scappino Francis, Scoppino Mario C. Total: 19. JUNIOR ORDER REINSTATED FROM EXTENDED — NOVEMBER, 1953 14 Sarosy Robert A.; 37 Kufcida Judith Ann, Vaskó Andrew; 48 Tokár A. Priscilla, Tokár Richard M.; 59 Farta Ju'ia T.; 120 Dienes Leslie A., Dienes Leslie A., Dienes Marie M., Dienes Marie M.; 159 Gatlos Joan, Gatlos Shirley A.; 272 Bachinski Eugene; 376 Donahue Kathleen; 417 Kremper Joseph Jr., Tompa Alexander; 490 Me Litosh Larry D. Total: 17. JUNIOR ORDER EXTENDED — NOVEMBER, 1953 40 Konyha Barbara Lee; 90 Czipoth Mary H., Czipcth Miehaelene, Rossetti Bornat F.; 168 Wolfe Sharon Alana; 171 Lucas Edward, Lucas Andrea J.; 361 Kolozsvary Lee E., Sutto Kenneth M.; 525 King Joan Glenna; 550 Serb Richard A., Serb Ronald E. Total: 12. JUNIOR ORDER LAPSED — NOVEMBER, 1953 2 Szőke Thomas; 8 Flaugh Frederick. Flaugh Mary Cath., Flores Gloria, Flores Gloria, Krisay Robert; 14 Erossy Suzar.na M., Erossy Peter J., Erossy Judith; 17 Farkas Thomas, Farkas Frigyes Jr., Farkas Helen M.; 21 Rudolph D. Steven; 31 Potooek Carl James, Potocek Joseph J.; 59 Veres Barbara Ann, Veres Elaine T.; 74 Branson Shirley M.; 90 Pongracz Carol Lou, Ponpvaez Carlman; 120 Nagy Stephen J.; 134 Feuna Carl Lewis; 145. Bogdan Dorothy; Simon Ann. 153 Cybulski Albert, Cybulski Frederick, Cybulski Walter J.; 159 Churgai Joanne, Kucharik George; 186 Bobanich George; 214 Purves Betty J.; 226 Rosak Thomas Geo.; 248 \idican Diana Gail; 341 Phillabaum Ramon R.; 361 Suttc Antoinette; 383 Goodall Dennis F., Goodall Harvey A., Goodall Phyllis F., Goodall Patricia E.; 443 Mueller Bsibaia, Phillips William S.: 475 Altstadt Gary And.; 482 Abraham Meredith A., Domokos Sarah F„ Gall Elizabeth R.; 490 Nagy Stephen Louis, 542 Stubbs Joyce E.; 546 Smith Alice Fay, Smith John Jr., Smith June Annie; 509 Journal_________________________PAQB 7 Toth Phyllis Anne. Total: 51 Sports Activities Fund ............... 1954 Bowling Tournament ....... 1953 Bowling Tournament ......... 1,475.00 372.22 13,273.83 372.22 13,273.83 1,475.00 Total Disbursements .........1,209,039.67 134,137.81 1,343,177.48 BALANCE ............... 13,589,131.01 686,066.2214,275,197.23 JOHN SZALANCZY JOHN SABO National Treasurer National Auditor I