William Penn Life, 1983 (18. évfolyam, 1-4. szám)

1983-04-01 / 2. szám

and aggressively forward as the largest Hungarian Society in America.

Lord, help us to heal our wounds and to renew our love for each other. Direct us in the path of progress, understanding and justice. Restore the spirit of unity and peace in our hearts and our minds, and in this crucial year of decisions let not personal gain ever enter our thoughts but rather grant us wisdom as we decide the future of our William Penn Association.

Lord, speak to us —we are listening—show us the way.

Amen

4) Secretary of the Board, Frank J. Radvany, called the roll: National President, Elmer Charles; National Vice-Presidents, John P. Balia and Louis L. Varga; Secretary-Treasurer, Gus G. Nagy; Directors, Frank Bero, Stephen Danko, Zoltán Emri, Michael Hegedűs, William C. Kohut, Albert G. Kertesz, Stephen Lang, Jr., Steve Lesco, John T. Lesko, Paul Molocko, Frank J. Radvany, John Sabo, Albert J. Stelkovics, Joseph Toma and Frank J. Wukovits, Sr., and General Counsel, Gay B. Banes.

5) Director Zoltán Emri thanked everyone who participated in a drawing held by Branch No. 22, Roebling, New Jersey. He also extended best wishes from President Imre Bela of Branch 22, Roebling, New Jersey for a successful meeting.

6) Director Albert J. Stelkovics read the Minutes of the Executive Committee Meeting dated December 9 and 10, 1982. It was moved, seconded and adopted by the Board for further deliberation.

7) It was moved, seconded and the Board ratified Point 8, Minutes of the Executive Committee Meeting dated December 9, 1 982 pertaining to excess interest rates on annuity policies.

8) Director Stelkovics read the Minutes of the Executive Committee Meeting held on March 2 and 3, 1983. It was moved, seconded and the Board adopted same for further deliberation.

9) President Charles welcomed Mr. Robert E. Bruce, Actuary, to the Spring Board Meeting and introduced him to the Board members for his Annual Report.

10) Mr. Bruce thanked President Charles for the opportunity to appear before the Board so he may submit the Actuarial Report on the

1982 Year of Operation of the William Penn Association. Mr. Bruce proceeded to review his report page by page. Many comments and questions were answered during this review of operation.

11) Discussion arose regarding the sale of new policies. It was moved, seconded, and the Board unanimously adopted that no new policy would be sold until approved by the Board of Directors and the Insurance Department.

12) The sick benefit class members are diminishing and administration of this block of business is getting more costly each year. The Officers requested Mr. Bruce to suggest some solution to this problem. Mr. Bruce read a proposal dated February 23, 1983. After hearing this proposal and finding it to have merit, it is moved and seconded and the Board authorized the Actuary, Mr. Bruce to prepare a plan to phase out the sick benefit program and convert same to a regular life insurance program and submit same to the Board of Directors by the June meeting.

13) It was moved, seconded and the Board accepted the Report of the Acturay with sincere thanks and appreciation.

14) Mr. Bruce submitted a juvenile insurance plan which would be offered by the Association through the mail to our juvenile members. The proposed plan would be for juvenile age 0 to 15. Insurance coverage would be $5,000.00. Paid up life insurance at a total single premium payment of $300.00.

The Board authorized the Actuary to further develop this life insurance program for juvenile, and Officers are authorized to proceed with obtaining approval of the policy.

15) Chairman Charles recessed the meeting at 5:00 P.M. until 9:00 A.M. Tuesday, March 1 5, 1 983.

16) Chairman Charles reconvened the meeting at 9:00 A.M. and same are present. Also present were members of the Auditing Committee, Mr. George "Pete" Charles and Barbard Kerékgyártó, home office employees.

Mr. Charles welcomed everyone on this March 1 5th so we may all celebrate and remember this day of freedom for the Hungarian people. We are a group of people who have the privilege of being good American citizens and the privilege of our heritage which means so much to all

of us. Preserving that heritage is still our responsibility.

Mr. Charles stated he had the privilege to represent the Society along with members of the official family to be present at the Governor's office in Harrisburg, Pa., where the Governor proclaimed March 1 5, 1 983 as Kossuth Day and Hungarian Independence Day in the Commonwealth of Pennsylvania. Mr. Charles read the proclamation —

PROCLAMATION Kossuth Day,

Hungarian Independence Day March 15, 1983

The gift of freedom has long been sought by people in countries throughout the world, and each country has its own special legacy in the struggle to ensure liberty and human rights for all citizens.

The Hungarian quest for independence was led by Lajos Kossuth whose bravery and leadership enabled the Hungarian people to win their freedom from Austrian domination on March 15, 1849. Unfortunately, this liberty was lost the following year, and in 1852 Kossuth escaped to the United States where he was given sanctuary and a hero's welcome. He had the distinct honor of being invited to address the United States Congress, an honor previously afforded to only one other foreign dignitary. General Lafayette.

The foundations of freedom set forth by Kossuth remained firm in Hungary. After World War I, the country again became independent but at the expense of 60 percent of its territory. In World War II, the Hungarians once more lost their independence and today they remain under the rule of the Soviet Union.

Despite the losses and disappointments experienced by the Hungarian people, American citizens of Hungarian descent continue to display strength, loyalty and a deep love for their mother country. In celebrating Kossuth Day and Hungarian Independence Day, we pay tribute to these brave people and join with all citizens of goodwill in hoping that one day freedom and justice will prevail in nations throughout the globe.

In recognition of Hungary's continuous quest for liberty and the contributions of Hungarian-Americans to the Keystone State, I, Dick Thornburgh, Governor of the Commonwealth of Pennsylvania, do hereby proclaim March 15, 1983 as

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