William Penn Life, 1985 (20. évfolyam, 1-6. szám)
1985-03-01 / 2. szám
Continued from page 2, column 1 President’s Column 4. Net gain from Operations after deducting dividends paid or set aside amounted to $655,850 compared to $395,587 in 1983. 5. The solvency ratio of the society was 114.16% in 1984 and 113.87% in 1983. 6. Total membership was 72,428 and insurance in force totaled $160,077,280. 7. Total premiums received were $7,270,682 while investment income reached a new high of $5,935,930.89, which is 81.64% of totaled premiums received during 1984. 8. Ratio of actual mortality to gross amounts at risk during 1984 was a very satisfactory 54.45%. 9. Ratio of net investment income to mean assets in 1984 was 8.94%. 10. The Association wrote new business of $14,113,630 face amount of insurance on 1,830 policies. 11. First year premiums on flexible retirement annuities totaled $507,041, while single premium annuities totaled $846,213. Restoration of the Statue of Liberty All of our members were informed in the last issue of the new publication that we shall be soliciting our members for donations in our fund drive to help in the restoration of the Statue of Liberty. We shall gladly accept any amount whether it be a dollar or a thousand dollars. All donations are tax deductible. The Board of Directors intends to match the amount contributed by you. This is a joint effort on our part with the Hungarian Reformed Federation of Washington, D.C. Please complete the form found elsewhere on this page and mail your contribution to William Penn Association, Statue of Liberty Restoration Drive, 709 Brighton Road, Pittsburgh, Pa. 15233. If you wish to make a donation in honor of your parents, please specify the exact name of each. Were it not for our parents, who were “greeted” by the Statute of Liberty, we would not be here in the land of the free and the home of the brave. WILLIAM PENN ASSOCIATION STATUE OF LIBERTY RESTORATION I am forwarding the amount of $____________for the Statue of Liberty Restoration Fund. I understand that the William Penn Association will match the amount of my donation and that my donation is tax-deductible. Print Name Here Please Sign Here Street Address City State Zip Code If you wish to make a donation in honor of your parents, please specify the exact name of each: In Memory Of: _____________________________________ William Penn Annuities and IRA Plans The William Penn annuity plans as well as the IRA plan are available to our members. These plans are tax deferred. An IRA plan is, in addition to being tax deferred, also tax deductible. Here is how each works: Flexible Premium Annuity Deposit a like amount, not less than $25.00 monthly with William Penn Association. Amounts greater than $25.00 monthly may also be made, even $1,000 monthly or $1,000 annually. These deposits currently earn 10.50% annually. The interest is tax deferred. At age 65 or earlier or later, the deposits plus interest can be applied to a Single Premium Immediate Annuity under any one of many payout periods. NEW MANAGER AND HUSBAND — Debbie Hughes, the new manager of the William Penn Club in Alliance, Ohio, is shown with her husband, Jim. By Marie Duruttya ALLIANCE, OHIO — Branch 189 is happy to extend a warm welcome to Debbie Hughes, its new manager. With the assistance of her husband, Jim, Debbie plans to continue the various traditions of past managers. She is busy promoting Friday and Saturday night steak fries and Sunday morning breakfasts. Through her skillful management, the kitchen remodeling project has been completed. The board of directors and the William Penn Association extend to Debbie every best wish for continued success. During a visit to a hospitalized member at the Alliance City Hospital, this reporter was surprised to see a plaque outside one of the hospital rooms that read “Donated by Verhovay Hungarian Home.” Through further inquiries I learned the hospital room was donated on Sept. 4,1954. John A. Barany was president at the time and is now the branch secretary. It’s good to know that even then the Alliance William Penn Club was doing so much for the betterment of the community. We are grateful to the Hospital and to Mike Korosy for the information about the room dedication. The William Penn Athletic Club held its election of officers earlier this year and new officers are Marlin Bowers, president; Gene Mason, vicepresident; Zoltán Cibulas, secretary-treasurer and John Jones, Ted Ruth, Tom Doughette and Zack Taylor, trustees. A social dinner dance is planned for May 4 with reservations due by April 30. Dinner will be from 5:30 to 8 p.m. and dancing will begin at 9 p.m. It’s a great way to spend an evening and members are encouraged to take advantage of the event. Branch 18 On Feb. 9th the branch held the annual Champagne Ball with 80 people attending. Music for dancing was provided by Ziggy Bella. The Hungarian Dance group provided the entertainment and their performance was exceptional. Darlene Szatmári is to be commended on the fine tutoring of the group. An excellent dinner of veal paprikas and breaded chicken with rice was prepared by Steve Szatmári. Several anniversaries were announced and the celebrants — John and Shirley Ware, Tom and Barbara House, Robert & Eleanor Kantor and Mr. & Mrs. Nagy, were invited to the dance floor while the musicians played a special waltz for them. Congratulations to the anniversary celebrants. On Feb. 23rd the Club held a 2 for 1 dinner which consisted of chicken paprikas and stuffed cabbage. The waitresses were kept quite busy serving the 200 delicious dinners. Another 2 for 1 dinner will be held in the near future. Happy birthdays to our Honorary Presidents John Horcsik who celebrated on Feb. 20th and Julius Macker on March 15th. “Gratulálunk” Bill Kocsis will be celebrating his 76th birthday at a party given at the Club, by his wife Betty, on March 9th. Andy Toth will be looking forward to his (39th??????) birthday on March 28th. “Happy Birthday, Bill & Andy” John P. Danko, son of Helen and S. P. Danko was recently hospitalized and had surgery on his jaw. As of this publication he is doing well. Condolences are extended to the family of Julia Kovach who passed away on Feb. 22nd. Mrs. Kovach was an active member and worked at the Club. She will be sadly missed. Branch President Danko and wife Julia extend greetings to the branch from Florida. Branch 18, Ladies Auxiliary Due to the bad weather in January, our Ladies Auxiliary and their newly elected officers for 1985 had their first meeting on February 18th. A new member has been added to our roster, Marie Pribanyec. Welcome, Marie, into our fellowship and hope you will be with us for a long time to come. Our annual Card Party will be held on May 6th, at 7:00 P.M. at the William Penn Social Club. It will be a Mother’s Day theme and there will be many beautiful prizes and good dessert. So Continued on page 8 column 1 Continued on page 6 column 4 Continued on page 10 column 1 JOSEPH LENGYEL Branch 48, New York, NY He came to “Amerika” in the year of 1909 in search of a better life and he found it. And to Joseph Lengyel, a faithful member of Branch 48, New York, N.Y. of the William Penn Association since 1933, part of the better life was knowing the kind of beneficial organizations with which to affiliate. The William Penn Association was among the foremost and he has remained a member for more than 50 years. His daughter, Mary (Lengyel) Levine writes from Deerfield Beach in Florida that her father, who is now 94 and lives with her and her husband, reminisces about the days of the 30’s and the Workmen’s Sick Benefit Federation when the membership numbered just ten. There were no established headquarters in the early years and meetings would be held between New York and New Jersey, depending on where a member resided. When a member became sick, another member would visit the home of the disabled. Benefits in those days amounted to $6 a week. Mary is proud of her father and explains that a close family relationship has existed throughout the years. “Our Dad” Joseph Lengyel born 1/20/91 Actual Comments Continued from page 2 column 4 surance than now, with no more premiums to pay for this coverage. If your certificates are already paid up, we urge you to convert them in the same way. Continuing Your Premium Payments After this first-step conversion, you will no longer need to pay premiums on this coverage. However, since you bought your present certificates, inflation has taken its toll. Therefore, we suggest that you continue to pay your present premiums into one of the other new 1980 CSO plans. The premium rates, age for age and plan for plan, will be lower than on the present William Penn plans. Thus by continuing to pay your present premiums you will have the same initial cash value and more insurance than now. Continued on page 9 column 5 5
