William Penn Life, 1969 (4. évfolyam, 1-12. szám)
1969-02-01 / 2. szám
OFFICIAL PUBLICATION OF THE WILLIAM PENN FRATERNAL ASSOCIATION HAPPY 83rd BIRTHDAY! - With Faith - Charity - Protection - Fellowship This Is New York Our Bowling City at Night . . . Looking south from the RCA Building, one is afforded an excellent view of the Empire State Building and surrounding skyscrapers as they sparkle against the clear night sky. The National Bowling Tournament and Fellowship Days will be held on Saturday, May 31st and Sunday, June 1st, 1969. Headquarters: Hotel New Yorker, 34th and 8th Ave., in the heart of New York City. — Bowling at the famous Bowlmore Bowling Recreation Arena, 110 University Place approximately 8 minutes ride from the Hotel.—Please prepare to be there! On February 21st the William Penn Fraternal Association will celebrate its 83rd Birthday and we hasten to ask all our members, staff members, workers, officers and numerous friends to join in for a happy spiritual birthday celebration. The average life span of insurance companies is said to be seven years, therefore, we can be happy to have reached our 83rd year On February 21, 1886 in Hazleton, Pennsylvania, thirteen coal miners with vision and courage, inspired by the former school-teacher Gyula Verhovay, signed up together “for mutual protection and joint defense against the tragedies of sickness and death and for the welfare of widows and orphans . . .” and pledged the initial investment of $17.25. Sixty-nine years later, the Verhovay and the Rákóczi Aid Association merged and formed the William Penn Fraternal Association. On the seventieth birthdate we had $75 million insurance in force, with assets of $24,455.545. Today as we approach our 83rd anniversary of the beginning, and thirteen years of unity and success as the William Penn Fraternal Association, we thank God for all the blessings and joyfully report that the $17.25 of 1886 has grown and multiplied to over $32 Vá million of assets with $86 million insurance in force in 1968. From age 70, during the last thirteen years we carried on purposefully with our loyal workers and paid out 30 million dollars in benefits as follows: Death Benefits, 12 V2 million; For Sickness and Disability, 2V2 million; Cash Endowments, 8 million; Cash Refunds, 5 million; Dividends, 2 million. Because we were able to pay so much in Death Benefits, but much more as living benefits we thank God and our loyal workers, and members and joyfully and eagerly say “HAPPY BIRTHDAY”. How proper it is that the William Penn’s birthday would be in February. February seems to be an auspicious month for great birthdays and beginnings: Abraham Lincoln, George Washington, and the William Penn Fraternal Association. It would be easy to list many more memorable birthdays in February, however, these three will be sufficient for our basis of comparison and vision. George Washington, the Father of our Country had reached his greatest stature when in spite of all difficulties with indomitable faith he fell to his knees at Valley Forge and established the foundation of this great nation. This was so eloquently expressed by the authors of the Declaration of Independence in the words, “with a firm reliance on the Protection of Divine Providence, we mutually pledge to each other our lives, our Fortunes and our sacred Honor.” The keystone of Washington’s greatness was FAITH. Abraham Lincoln, the brooding Emancipator, on the other hand could be characterized more strongly with compassion, which loomed over his other great characteristics. In his Second Inaugural Address he uttered the famous norm for all human relationships, “With malice towards none, with charity for all . . .” Could we say that the keystone of Lincoln’s greatness was CHARITY. And what is the keystone of the William Penn’s greatness? The desire to spare widows and children of the misery and humiliation of destitution. To ease the moments of death with the knowledge that through a well-planned William Penn policy the family is provided for. Or, through a more recent program with the purchase of a “Thrift Plan” policy, the comforts of old age are increased and more golden years of (Continued on page 2)