William Penn Life, 1969 (4. évfolyam, 1-12. szám)

1969-06-01 / 6-7. szám

minutes of this meeting and a suitable copy signed by all of the members of the Board and the Officers, be presented to you.

16. The Board acknowledges the report of Director Bero with reference to his attendance at the Ninth Annual George Washington Award Dinner in New York, wherein he represented the William Penn Fraternal Association. Also representing the Association were Vice President Louis L. Varga, Directors Joseph Toma and Michael Hegedűs.

17. The Board acknowledges the report of National Controller John Sabo, on his recent trip to attend the I.A.S.A. meeting in San Francisco, California.

18. Director Toma presented a partial report on the National Bowling Tournament held in New York City. A letter of complaint from Branch 1 re: The Bowling Tournament was also read to the Board. Following a thorough review and discussion of Bowling Tournament and Fellowship Days, the Board acknowledged the tentative report until final report is submitted at September meeting by Co-Chairman Directors Toma and Hegedűs.

19. It was moved and seconded that the Board ratify the action taken by Supervisor of Agencies, Joseph Toma, of Zone I in terminating the employment contracts of John T. Drew and Martin Schwartz for reasons set forth in the Report of the National President to the Board of Directors dated June 16, 1969 and Report of Supervisor of Agencies, Joseph Toma, Zone I, dated June, 1969. The motion was unanimously adopted by the Board.

20. It was moved and seconded that the Report of the National President to the Board of Directors dated June 16, 1969 and the Report of Supervisors of Agencies be accepted in their entirety. The Board unanimously adopted the motion.

21. RESOLUTION

WHEREAS, members from time to

time desire to update their accident and health coverage, and

WHEREAS, it is desirous to establish procedural rules from this process

It is hereby resolved by the Board of Directors that when a member decides to replace an existing A & H contract in order to purchase a new contract, this will be permitted only on the anniversary date of the present contract or on any renewal date of present contract with no refund of any premium, and

BE IT FURTHER RESOLVED that the Writing Agent only be entitled to the commission on difference of the increased premium of the new over the old contract.

22. RESOLUTION

IT IS HEREBY RESOLVED by the Board of Directors, that the Penn Thrift Form P-2 Specified Indemnity

Hospital Plan be sold to cover loss to the insured from hospital and surgical expenses and

BE IT FURTHER RESOLVED that effective July 1, 1969 this Plan be sold either as a Surgical Plan without Daily Room Benefit or as a Daily Room Benefit Plan without Surgical Benefits. Rates to be those as determined by Mr. Robert E. Bruce, Actuary.

BE IT FURTHER RESOLVED that when Plan P-2 is sold either as a Surgical Benefit Plan only (P-6) or Daily Room Benefit Plan only, (P-5) proper endorsement, to this effect, be attached to the issued contract.

23. RESOLUTION WHEREAS the Staff has reviewed the proposed annuity plans prepared by Consulting Actuary, R. E. Bruce, and WHEREAS the Board is desirous of updating the sales portfolio of the Association with such annuity plans,

It is resolved by the Board of Directors, that the following proposed

annuity plans,namely:

a)Single

premium

annuity with

benefits

beginning

immediately

and;

b)Single

premium

annuity with

benefitsbeginning

at a deferred

age and;

c)Annual

premiums

annuity with

benefitsbeginning

at a deferred

age

be prepared by R. E. Bruce, Actuary, and he should submit same to the several jurisdictions for approval, and

24. RESOLUTION

WHEREAS the Board of Directors

reviewed the proposed By-Laws of the William Penn Fraternal Association Scholarship Foundation, Inc. and

WHEREAS these have been found to be satisfactory for the needs of the foundation.

It is resolved by the Board of Directors, that the By-Laws as presented and corrected be adopted, and

BE IT FURTHER RESOLVED that these By-Laws now be prepared (or distribution.

25. RESOLUTION

IT IS RESOLVED by the Board of Directors that a Branch which donates $100.00 or more to the William Penn Scholarship Foundation, Inc. be permitted to send, at Branch expense, one representative to the Foundation’s Membership Meetings.

26. The Board acknowledges reports from various Branches pertaining to Fraternal activities which they were performing and it encouraged the further promotion of such activities.

27. Director Radvany speaking in behalf of Branch 13, Trenton, New Jersey, wished to convey to the Board its desire to participate in one of its most worthwhile fraternal activities the Association has undertaken, namely, the William Penn Scholarship Foundation.

Director Radvany presented a check for $100.00 to the Scholarship Foundation, which was accepted by National President, Elmer Charles, with thanks, this will be an annual donation from Branch 13, Trenton, New Jersey.

28. Director Ivancso submitted his report with reference to the National Bowling Tournament which will be held in Toledo, Ohio, May 30-31, 1970. It is moved, seconded and adopted to expand the 1970 Bowling Committee to include Director Ivancso, Director Danko and Supervisor of Agencies, Frank J. Wukovits, Sr. It was also the desire of the Board that the Bowling Committe investigate the possibility of holding a banquet at the 1970 National Bowling Tournament and submit a report at the September Board Meeting.

29. The Board acknowledges a letter from Branch 18, Detroit, Michigan, requesting reconsideration to hold the 1971 Bowling Tournament in Detroit, Michigan. The Board does not wish to change the location from the originally designated site of Pittsburgh.

30. The Board discusses the William Penn Life, official publication. Printing and mailing costs are increasing and ;t becomes a serious question as to whether or not the General Fund of the Association can bear the entire cost of having this publication issued, and if so, for how long? Studies reveal that members of other Fraternals contribute towards the cost of their official publication, consequently the question arises as to whether or not our membership would be willing to make similar contributions. After lengthy debate, it is unanimously resolved by the Board, that a mail survey be conducted among those on the publications mailing list to determine whether they would be willing to pay an annual subscription fee of at least $1.00 for William Penn Life.

31. The Board acknowledges letters of thanks from the Dudrik, Kormondy and Such families for floral tributes received in their recent breavements. Station WQED and Junior achievement also express thanks for recent donations. Director Frank Bero submits a letter expressing appreciation to the National President and all those William Penn fellow members who were present to honor him at a recent Testimonial tendered him by the Greater Bridgeport Board of Realtors.

32. The Board hears a letter of appeal for donation from the Divine Redeemer Home for the Aged, Cleveland, Ohio. The Order is in the process of totally modernizing their facilities for caring of the Aged and are appealing to all segments of American-Hungarians for support. The Board recognizes the worthy cause and votes that the Treasury of the Association donate $500.00 to this noble cause.

33. The Board spends considerable

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