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

1983-07-01 / 3. szám

modified and accepted. The Board of Directors now accepted the Pro­posed By-Laws with the necessary changes and same will be presented to the forthcoming General Conven­tion for their consideration. 24) Director Albert J. Stelkovics read the Minutes of the Executive Committee Meeting dated May 13, 1 983. It was accepted by the Board for further deliberation. 25) Chairman Charles introduced Mr. Emery Szalai, Architect, who will address the Board of Directors with reference to the Springdale property. 26) Mr. Szalai recommended to the Board that the Springdale prop­erty be sub-divided into eight lots and eight homes be built on this site. This development would require ap­proval by Allegheny County for the right to sub-divide. The Association would provide the funds to build the eight homes at a cost of about $55,000 each, plus cost of land and improvements. The Association could grant 25 year mortgages. Following the presentation of the development concept for the Spring­­dale property, President Charles sug­gested the Board review these pro­posals, decide whether to sell the entire plot of ground, sell individual sub-divided plots or develop the en­tire property. It was moved, seconded and the Board of Directors referred this mat­ter back to the Executive Committee and Finance Committee for further consideration. The Board ratified the expenditure incurred so far on this project. 27) Mr. Charles next introduced Mr. Jesse Klink, caretaker of Penn Scenic View. Mr. Klink stated that progress on the installation of the sewage system has been slow due to the inclement weather and ex­cessive .rainfall they have been receiving. The project is about 75% completed and the projected com­pletion should be accomplished in the next several months. 28) Secretary-Treasurer, Gus G. Nagy, read the Minutes of the Finance Committee Meeting held on May 1 1, 1 983. The Board acknowledged these Minutes for fur­ther deliberation. 29) Director Stephen Danko sub­mitted a preliminary written report prepared by Julia Danko of receipts and expenditures for the 40th Na­tional Bowling Tournament held in Detroit, Michigan. The report was a preliminary report. All receipts were deposited and in­voices have been paid. The only outstanding invoice to be settled and paid is the banquet charges which will be handled through the Secretary-Treasurer, Gus G. Nagy. All prizes have been paid out to the winning bowlers. The hospitality ex­tended at the William Penn Social Club and at the hotel were very well received by the guests at this tour­nament. The entire event was most successful. The Board of Directors acknowl­edged the Bowling Tournament report with sincere thanks and ap­preciation. The Board also extends thanks to the Bowling Tournament Administrators, John P. Balia, Stephen Danko and Gus G. Nagy. The Board also extended thanks to Branch 18, Detroit and all members of the Committee who worked so diligently to make this event suc­cessful. 30) Chairman Charles recessed the meeting at 5:00 P.M. until 9:00 A.M. Wednesday, June 22, 1983. 31) Chairman of the Board, Elmer Charles, reconvened the meeting at 9:00 A.M. and same are present. Mr. Charles expressed his hopes that everyone enjoyed their visit to Penn Scenic View yesterday. He extended sincere thanks and appreciation on behalf of the Board of Directors and National Officers to Mr. and Mrs. Michael Kara and Ruth Toth, wife of Director Elmer Toth, who prepared and served the food during the day's visit at Penn Scenic View. 32) Chairman Charles requested Mr. Richard Smith for his report. Mr. Smith submitted a detailed and com­prehensive report on the Associa­tion's sales operation for 1983 through May 30th. The report also showed comparison figures going back as far as 1 980, as well as cost analysis. The results indicate that since the Association engaged the services of Mr. Smith, sales have in­creased tremendously with the in­ception of career agents. Mr. Smith feels the Associaton is on the right track and we should continue to develop career agents as well as educate and train our part-time agents. The Board acknowledged Mr. Smith's fine report and con­gratulated him on the good work he has produced for the William Penn Association. 33) It was moved, seconded and the Board authorized Mr. Richard Smith to limit and control debit balances of career agents. 34) It was moved, seconded and the Board authorized that the Association continue to pay 11 % in­terest on annuity policies until September 1 983. 35) It was moved, seconded and the Board directed the National President to investigate the work load of home office employees and if necessary, engage additional help where required. 36) Secretary of the Board, Frank J. Radvany, read the Minutes of Tuesday's meeting held at Penn Scenic View. It was moved, sec­onded and accepted as corrected. 37) Director Sabo submitted the following resolution to the Board of Directors with a request that no debate be extended on this Resolu­tion: It is hereby resolved by the William Penn Association's Board of Direc­tors, in regular meeting assembled June 22, 1983, in Pittsburgh, Penn­­sylania, that any National Officer, Board of Director member and Auditing Committee member under age seventy elected at the 30th General Convention may complete a full four-year term of office. This resolution shall become effec­tive upon adoption by the Board of Directors and subsequent ratifica­tion by the 30th General Conven­tion. Adopted by the Board of Directors this 22nd day of June, 1 983. The Board of Directors adopted this resolution. Vice President, John P. Balia voted against this resolu­tion. 38) Director Sabo submitted the following Resolution to the Board of Directors with a request that no debate take place on this resolution. a. It is hereby resolved by the Board of Directors of the William Penn Association in regular meeting assembled June 22, 1983 in Pitts­burgh, Pa., that any National Officer, Board of Director member or Auditing Committee member, age 70 or over on the date of election at the 30th General Convention will not be eligible for election as a National Officer, Board of Director member or Auditing Committee member. b. Such National Officer or Board of Director member, will, however, in accordance with Chapter IV, Sec­tion 2 of the By-Laws adopted by the 29th General Convention of 1979, automatically become a lifetime member of the William Penn Association Advisory Board. 31 T

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