William Penn Life, 1980 (15. évfolyam, 1-4. szám)
1980-04-01 / 2. szám
Pennsylvania and the Superintendent of the Ohio Insurance Department an assumption certificate to each member of American Hungarian in good standing, acknowledging membership in the William Penn together with all rights and privileges incident thereto, and all certificate benefits to which such member or his lawful beneficiary is entitled as provided therein. The additional paid-up insurance amounts and the paid-up at age eighty endorsements specified in c) above will be set forth on each assumption certificate. 5) The parties further agree that all application forms, medical examination forms, warranties, reinstatements, waivers, books of account, records, contracts and certificates pertaining to the members shall continue in effect. 6) After the date of this merger, every former member of American Hungarian shall have equal rights with all William Penn members sub ject to the terms of his or her certificate, and subject to the terms of this Agreement, the William Penn By-Laws and any amendments thereto. 7) Commencing with the date of merger, dividends will be accumulated for American Hungarian members and credited on each certificate anniversary date based on the then current William Penn dividend scale, for like Mortality Tables and interest assumptions. All former American Hungarian members who hold certificates valued, for annual statement purposes, on the basis of the 1941 CSO Mortality Table will receive dividends based on the appropriate William Penn 1941 CSO dividend scale. 8) The parties agree that all subordinate branches of American Hungarian shall have the right to maintain their autonomy as American Hungarian branches of William Penn. 9) Local lodge secretaries of American Hungarian may become part-time fieldworkers for William Penn Association. 10) Present full and part-time officers, directors and auditors of American Hungarian will continue as an Advisory Committee of William Penn for the remainder of their terms of office which expire in July, 1 980. The office of American Hungarian will be maintained at 1 1800 Shaker Blvd. until at least July 31,1 980. 1 1 ) It is agreed that all reasonable and proper expenses directly or indirectly incurred in effectuating this merger shall be payable out of the merged assets of the societies, including, but not limited to the expenses of the Advisory Committee, Officers, Board meetings, actuarial and legal. 12) It is agreed by and between the parties that the laws of the Commonwealth of Pennsylvania shall apply to the construction of every part of this Agreement, and the meaning of the words and phrases herein whether this Agreement was executed within the Commonwealth of Pennsylvania or any other jurisdiction. 13) The Officers and Board of Directors of American Hungarian and William Penn are authorized and directed to make any changes in form or subject matter not substantive in nature to comply with recommendations or directives made by the Insurance Commissioner of the Commonwealth of Pennsylvania and Superintendent of the Ohio Insurance Department. IN WITNESS WHEREOF, the WILLIAM PENN ASSOCIATION and the AMERICAN HUNGARIAN CATHOLIC SOCIETY pursuant to resolutions duly adopted, authorized, empowered and directed, the National President, the National Secretary, the President and Secretary respectively, do hereby execute this Agreement and affix the seals of said Societies this day of , 1980, intending to be legally bound hereby. Question of the Month | Since you are spending your life at the rate of 60 seconds each minute, are you doing anything of value with the short time you have left? Fraternalist Of The Year JOHN RADZYMINSKI John Henry Radzyminski, National Director of the Polish National Alliance (PNA), has been named the “Fraternalist of the Year" by the Fraternal Societies of Greater Pittsburgh (FSGP). A banquet honoring Mr. Radzyminski was held March 8, 1980, at the Pittsburgh William Penn Hotel. For the 5th consecutive year, this respected award is presented to a deserving fraternalist, known for humanitarian, civic and charitable deeds that demonstrate a “fraternal spirit". “Fraternalist of the Year" John Radzyminski is married to Stephania Karcz. They are the proud parents of three daughters and grandparents of six grandchildren. John Radzyminski now serves his third term and 9th year as National Director of the PNA, and is President of PNA Lodge 205 — Radiant Society, Lawrenceville, Pittsburgh. Mr. Radzyminski was employed as a steel worker after high school and soon became involved in union leadership. He was associated with Philip Murray in 1 942 when the latter organized United Steelworkers of America (USWA). HUMAN EYE — AMAZING Built-in, super-sensitive light meter, immediate, automatic focusing, wideangle lenses; full-color, instantaneous reproduction. These are some of the remarkable features of the human eye.