William Penn Life, 1973 (8. évfolyam, 1-4. szám)
1973-01-01 / 1. szám
(Continued from page 12) in memory of the following deceased members: a. ) Stephen Lang, Sr., Illustrious member, former Director and former President of Branch 98, Bethlehem, Pennsylvania. b. ) John Suto, Illustrious member, Branch 16, Perth Amboy, New Jersey, Manager, former Branch 41, Carteret, New Jersey. c. ) George Modock, Illustrious member, Branch 59, Scalp Level, Pa., and President of former Branch 33. d. ) George F. Mick, member of Branch 129, Columbus, Ohio, Vietnam Casualty. e. ) Julius Rákos, Manager former Br. 133, Toledo, Ohio. f. ) Joseph Bodnar, Manager former Branch 8-R, Branford, Conn. g. ) Peter Suta, former President of American Life Insurance Association. President Charles also reported that former National President John Bencze celebrated his 90th birthday on November 5, 1972 but was hospitalized the following day, however is now at home again. He further reported that Elizabeth Hleba who was hospitalized on July 28th, is back at work since November 6th, 1972. Helen Erdeky was also hospitalized for an operation and is due back soon. Mrs. John Bendzsuk, mother of Ernest Bendzsuk, was hospitalized last week. 5. Secretary of the Board, Frank J. Radvany, calls the roll and the following are present: Elmer Charles, National President; Louis L. Varga, Vice-Pres.; Directors, Frank Bero, Zoltán B. Emri, Michael Hegedűs, Rev. Andrew P. Jacobs, Albert G. Kertesz, William C. Kohut, Stephen Lang, Jr., Frank J. Radvany, John Sabo. Joseph Toma. John Veszprémi, Jr., Frank J. Wukovits, Sr.; Albert J. Stelkovics, National Secretary; Julius E. Somogyi, National Treasurer; Gay B. Banes, General Counsel; and Dr. Samuel C. Gomory, Medical Director. Vice President John P. Balia was absent due to illness. 6. The Agenda is presented to the Board and same is adopted with the proviso that any matter properly belonging before the meeting may be added thereto during the course of the meeting. 7. The Board appointed the following Officers for the year 1973: a. ) Moved, seconded, and the Board unanimously approved appointment of Dr. Samuel C. Gomory, Medical Director for the year 1973. b. ) Moved, seconded, and the Board unanimously approved appointment of Gay B. Banes, Esq., as General Counsel for the year 1973. c. ) Moved, seconded, and the Board unanimously approved appointment of Robert E. Bruce as Consulting Actuary for the Association for the year 1973. d.) The Board adopted the recommendation of the Executive Committee and reappointed Gus G. Nagy as Field Manager (Central) and Andrew R. Balogh as Field Manager (East) for the year of 1973. 8. Director Hegedűs, Secretary of the Executive Committee read the minutes of the Executive Committee meeting held October 5, 1972. The Board accepted the Minutes of the Executive Committee as read. 9. General Counsel Gay B. Banes submitted a verbal report to the Board with reference to the American Fund. The Board thoroughly discussed this matter and acknowledged the report of General Counsel. 10. President Charles reported that the Executive Committee took required action with reference to the Home for the Elderly. Following a discussion, it was moved, and seconded, to accept the report on the Home for the Elderly. 11. President Charles and General Counsel submit reports pertaining to the New Building Program. Following a lengthy discussion, it is moved, seconded, and the Board accepted the report on the New Building Program. 12. The Board commenced discussion of Debit Balances of all Full Time Agents. A letter was read to the Board Members as prepared by General Counsel to Agents who have Debit Balances with the Association. The Board acknowledged the report pertaining to this subject matter. 13. Based on Executive Committee recommendation a bonus for 1972 was voted for Gus G. Nagy, Field Manager (Central) and Andrew R. Balogh, Field Manager (East) and it was further voted by the Board that they receive the same salary for 1973 as in 1972. The Board further empowered the Executive Committee to work out an appropriate incentive bonus which would be applicable to these two Field Managers for 1973 production. 14. Moved, seconded, and the Board adopted the following resolution pertaining to Accident and Health policies. IT IS RESOLVED by the Board of Directors that the Staff, General Counsel and Actuary be authorized to revise and update as deemed necessary the presently sold, Hospital and Accident and Health Plans. BE IT FURTHER RESOLVED, that additional plans as deemed necessary be prepared and submitted to the various jurisdictions for approval. 15. The Board ensued on a lengthy discussion pertaining to District Offices. President Charles submitted suggestions for District Offices and Regional Offices to be maintained in each sector of our operation, namely Eastern, Central and Western Sectors. Moved, seconded, and the Board accepted the proposed suggestions in principle. The Board authorized the Executive Committee together with the Staff to implement this program when it is desirable and feasible. 16. Moved, seconded, and the Board authorized the National President to fill the position of Field Manager (West) as soon as a qualified applicant can be found. RESOLUTION 17. WHEREAS, Chapter IV, Section 4 of the By-Laws provides that the Board of Directors shall establish for a Calendar year the salary of National President, National Secretary, National Treasurer and appointed Officers. NOW. THEREFORE, BE AND IT IS HEREBY RESOLVED by the Board of Directors in regular quarterly meeting assembled in Pittsburgh, Pennsylvania this 12th day of December, 1972, that for the calendar year 1973 the annual salaries THE BOARD OF DIRECTORS of the WILLIAM PENN FRATERNAL ASSOCIATION announces with profound sorrow the death of STEPHEN LANG, SR. Branch 98, Bethlehem, Pa. an ILLUSTRIOUS MEMBER of this Association. The Board of Directors in paying final Tribute to the memory of our ILLUSTRIOUS MEMBER, conveys on behalf of the membership of the Association, its deepest sympathy to the bereaved family. 15
