William Penn Life, 1976 (11. évfolyam, 1-4. szám)
1976-04-01 / 2. szám
Minutes of the Board of Directors Quarterly Meeting Excerpts From Minutes Of The First Quarterly Meeting Of The Board Of Directors Of The William Penn Association Held On March 15-17, 1976 In The Board Room Of The Home Office, Pittsburgh, Pennsylvania 1) National President Elmer Charles opened the meeting at 10:00 A M. He welcomed the Board of Directors, National Officers, Auditing Committee Members and Mr. Robert E. Bruce, Actuary. Mr. Charles was pleased to have the Auditing Committee present at our opening exercise. He congratulated Helen Nemeth who was unanimously elected Chairlady of the Auditing Committee and Emma Beganyi who was re-elected Secretary of the Auditing Committee. President Charles thanked everyone who participated in the Testimonial Dinner tendered in his honor upon his being selected “Fraternalist of the Year” by the Greater Pittsburgh Fraternal Societies. He was extremely proud to represent the William Penn Association and all the Fraternal Societies in the Pittsburgh area. He stated he had the opportunity to speak with the Honorable William J. Sheppard, Insurance Commissioner of the Commonwealth of Pennsylvania, who was most enthusiastic about the Fraternal Societies being able to get together as a united group and promote such a wonderful evening. Also present at this auspicious occasion was Ambassador Ferenc Esztergályos and Reszo Mikola, First Secretary of the Hungarian Embassy, Washington, D.C., to witness Fraternalism in action and the important part the William Penn Association is playing in its role as a fraternal benefit society. Today is March 15th and we like to remember this memorable day in the history of Hungary. Today our people in Hungary are enjoying freedom, in a different way, and the majority of the people have reached a high level of living standards in that country. We can only admire our brothers for the progress they are making with their limited resources. Majority of the population seems to be satisfied and are accepting conditions as they are. The world is celebrating in 1976 the 300th anniversary of the birth of Rákóczi Ferenc II, after whom the former Rákóczi Aid Association was named. Rákóczi Ferenc was to Hungary 300 years ago what George Washington was to this country 200 years ago. We, too, pay homage to Rakoczi’s memory. For this occasion, President Charles reads the following poem in Hungarian written by Rev. Ferenc Vitéz: Késői kuruc kesergő Kiállott Rákóczi a pataki várra, odagyűlt köréje minden katonája.- Magyarok vitézim, bajban van az ország drága, szép határunk idegenek rontják!- Nagyságos fej'delem, édes magyar népünk, gonoszok nyakára rátaposunk, lépünk..!-Fegyverre, kurucok, fegyverre, csatára; magyar szabadságnak piros vér az ára..!- Szabaditó Isten, Te légy segítségül, ne jöjjön ránk veszély soha többé Bécsből.., segíts meg az égből..! He announced the following deaths: Mrs. Mary Charles, wife of National President Elmer Charles, Judge Albert Fiok, Frida Vandra, former home office employee, and Bertalan Bercik, former Branch Manager of Branch 16, Perth Amboy, N.J.The Board stands in a minute of silent prayer in memory of all our deceased members. President Charles expressed sincere thanks and appreciation to everyone present and the membership at large for the kind expression of sympathy and condolences he received on the death of his wife, Mary. Mr. Charles welcomed Charles Fabian, newly elected member of the Auditing Committee, and expressed hope that his work with the Committee will be most enjoyable and fruitful. He also extended best wishes to the Auditing Committee for a successful meeting. The President announced that the Agenda is prepared and was confident the deliberations which will follow will be fruitful and for the best interest of the Association. 2) The Board of Directors, National Officers and Auditing Committee pledged allegiance to the flag of the United States of America. 3) Vice President Louis L. Varga offered the invocation. 4) Chairlady of the Auditing Committee, Helen Nemeth, stated they were happy to be present and they always enjoy the kameraderie and fellowship with the Board of Directors. Secretary of the Auditing Committee, Emma Beganyi, stated she was happy to be re-elected as Secretary of this Committee and extended her best wishes. The Auditing Committee was excused at this time. 5) Secretary of the Board, Frank J. Radvany, called the role and the following were present: National President Elmer Charles; Vice Presidents Louis L. Varga and John P. Balia; Directors Frank Bero, Zoltán B. Emri, Stephen Danko, Michael Hegedűs, Albert G. Kertesz, William C. Konut, Stephen Lang Jr., Steve Lesco, Frank J. Radvany, John Sabo, Joseph Toma, Frank J. Wukovits, Sr.; National Secretary Albert J. Stelkovics; National Treasurer Julius E. Somogyi; General Counsel Gay B. Banes; Medical Director Gregory M. Lang, M.D.; Vice President Membership Services GusG. Nagy. 6) The Agenda is adopted with the proviso that any matter properly belonging before the meeting may be added thereto during the course of the meeting. 7) Chairman of the Board, Elmer Charles, introduced the Actuary, Mr. Robert E. Bruce. He was happy that Mr. Bruce is with us at this time and requested him to submit his Report on the operation of the William Penn Association tor the year 1975. Mr. Bruce expressed thanks for the opportunity afforded him to address the Board of Directors and proceeded to explain his report page by page. Following his explanation, the Board discussed and posed certain questions to Mr. Bruce, which were satisfactorily answered. 8) The Board of Directors accepted the report of the Actuary with thanks and appreciation for a thorough report of the Association’s operation for 1975 and requested same be placed in file. 9) Moved, seconded and the Board authorized Actuary, Mr. Robert E. Bruce, to review in depth the present By-Laws of the William Penn Association Pension Fund, specifically pertaining to vested rights of retirees as far as total benefits are concerned relating these to the current ERISA survival benefits. 10) Medical Director, Gregory M. Lang, M.D., submitted his report for 1975 to the Board of Directors. The Board acknowledged with sincere thanks and appreciation this report and requested same to be placed in file. 11) The Board accepted the Annual Statement as filed with the various Departments and expressed sincere thanks and appreciation to the National Officers and Home Office Employees who participated in the preparation of this Statement. 12) The Board reviewed item by item 18
