William Penn Life, 1990 (25. évfolyam, 2-10. szám)
1990-03-01 / 3. szám
Page 10, William Penn Life, March 1990 Excerpts from the Minutes of the Board of Directors meeting held September 11-12-13,1989, in Pittsburgh, Pennsylvania MONDAY, SEPTEMBER 11,1989___________ • Chairman of the Board Joseph P. Arvay opened the meeting at 9:15 a.m. • Vice Chairman of the Board Stephen J. Ivancso, Sr., led the members in the Pledge of Allegiance to the Flag of the United States of America. • Vice President Zoltán B. Emri offered the invocation. • Secretary of the Board Emeritus Frank J. Radvany called the roll and the following are present: National President Stephen G. Danko, National Secretary E. E. Vargo, National Vice President Zoltán B. Emri, and National Treasurer Frances A. Furedy. Directors: Chairman Joseph P. Arvay, Ronald S. Balia, William J. Bero, Elmer A. Furedy, Michael J. Hrabar, Vice Chairman Stephen J. Ivancso, Sr., John S. Molnár, Vice Chairman Roger G. Nagy, Stephen J. Szatmári, Michael F. Tomcsak, Elmer W. Toth, and Frank J. Wukovits, Jr. Advisory Board Members: President Emeritus Elmer Charles, Stephen Danko, and Frank J. Wukovits, Sr. Frank J. Radvany, Secretary of the Board Emeritus. John M. Kish, Esq., General Counsel. Absent: Frank Bero and Michael Hegedűs, Advisory Board members. There being a quorum present, Chairman Arvay officially called the meeting to order. • Chairman Arvay welcomed the National Officers, Board of Directors and Auditing Committee members. • Auditing Committee Member Dale A. Cole expressed greetings to the Board and National Officers on behalf of the Auditing Committee. • Chairman Arvay dismissed the Auditing Committee so that they may proceed with their duties. • Director Nagy thanked the Official Family and everyone else who attended the 50th anniversary celebration of the Hungarian Classroom at the University of Pittsburgh. He also thanked the various committees who worked with him to make this memorable event a huge success. • The Board adopted the agenda with the proviso that any matter properly belonging to the meeting may be added. • The Board dispensed with the reading of the minutes of the Board meeting held on June 14, 1989, and approved same. • Chairman Arvay commenced reviewing the minutes of the Executive Committee meetings held on August 7 and 8, 1989. • The Board adopted a motion that two (2) Directors be appointed by the Board to serve as co-administrators of the national bowling tournament. The administrators will be paid expenses only prior to the bowling tournament. • The Board adopted a motion that two (2) Directors be appointed by the Board to serve as co-administrators of the national golf tournament. • The Board acknowledged the minutes of the Executive Committee meetings held on August 7 and 8, 1989, as corrected. • President Danko introduced Mr. Gene Fromm of John Robertson & Associates for his report to the Board of Directors. • President Danko requested a Field Committee meeting this evening at 7:30 at the Home Office. • President Danko commenced reviewing the Report of Management dated September 11, 12 and 13, 1989. • President Danko discussed our present long and short term disability insurance program with New England Life. The Association has been quoted better rates by Med Life, a subsidiary of Blue Cross, with similar coverage. • The Board adopted a motion that the long term/short term disability benefit coverage for the Association employees be changed to Med Life with the Association self insuring the short term disability benefit to be administered by Pen Wei Inc. with the short term disability benefit being not less than the current benefits and that any reduction in long term disability benefits under the new plan be supplemented, if necessary, by the Association to equal the current maximum benefit. • The Board adopted a motion that the President and or any other Officer of the William Penn Association be allowed to make contracts with agents and agency managers or any other entity in the manner expressly approved by the Board of Directors and only on a contract form expressly approved by the Board of Directors without any amendments. • The Board adopted a motion that the William Penn Association terminate the contract of the Perlman Agency. • Chairman Arvay recessed the meeting at 6:30 p.m. until 8:30 a.m. Tuesday. TUESDAY, SEPTEMBER 12,1989___________ • Chairman Arvay reconvened the meeting at 8:30 a.m. and same are present. • Secretary of the Board Emeritus Frank J. Radvany read the minutes of Monday’s meeting. The Board accepted same as corrected. • The Board authorized the Association to recruit one new career shop agent. • The Board authorized that Actuary Robert Bruce prepare a study of an insurance policy whereby the husband and wife are insured under the same policy and that death benefit would be paid only when the second person died. Maximum cost of this study not to exceed $1,000. • The Board tabled discussion of the computer camp subject until the November Board meeting. • The Board removed from the table the Elizabeth Szabó project. • The Board discussed the Elizabeth Szabó project for the William Penn Association, Hungarian Reformed Federation and American Hungarian Foundation. • The Board rejected the proposal of Elizabeth Szabó. • Director Tomcsak submitted a report to the Board regarding the forthcoming tour of the William Penn Association Hungarian Dancers to Florida. The Board acknowledged Director Tomcsak’s report with sincere thanks and commended him for the fine work he performed in organizing this tour. • Chairman Arvay recessed the meeting at noon so the Board of Directors, National Officers and Auditing Committee could visit Penn’s Scenic View. The meeting will reconvene at 8:30 a.m. Wednesday. WEDNESDAY, SEPTEMBER 13,1989 * • • Chairman Arvay reconvened the meeting at 8:45 a.m. and same are present. • Secretary of the Board Emeritus Radvany read the minutes of Tuesday’s meeting. The Board accepted same as corrected. • The Board authorized that Directors, National Officers and Advisory Board members desiring subscriptions to the Magyar Hirek so inform the National Secretary. • It was brought to the attention of the Administration that a Hungarian cemetery at St. Emory Church in Connellsville, Pennsylvania, has been neglected by the Catholic Diocese of Greensburg, Pennsylvania. This cemetery has a monument erected by the former Verhovay Aid Association in memory of Hungarian coal miners killed in the Darr Mine explosion of 1907. The Board authorized that the Association, contingent upon the advice of the General Counsel, become involved in the restoration of a portion of St. Emory Hungarian Church cemetery where many of our deceased members are buried. • The Hungarian Symposium sponsored jointly by the Association and Hungarian Reformed Federation of America was held on August 14 and 15, 1989. It was well attended by more than 30 people, including a representative from the White House, a U.S. representative to the Human Rights Conference in Paris, and many other officials from churches and organizations. The purpose was to start organizing a unified Hungarian political voice in our country. The meeting produced results beyond anyone’s expectations and all agreed to allow for the two fraternal societies to coordinate another meeting in the spring. Board members and members of the Official Family attending the symposium gave very favorable reports and all had nothing but high praise for the distinction brought to the Association and Hungarian community. • The Board acknowledged the Report of Management as presented by President Danko with sincere thanks and appreciation. • National Secretary E. E. Vargo commenced reviewing his report to the Board. • Discussion ensued on the national golf tournament. The 1989 tournament held in Sharon, Pennsylvania, was a huge success. A request was received from Branch 129 Columbus, Ohio, asking that it be chosen to host the 7th annual golf tournament in 1990. The Board authorized that Branch 129 Columbus, Ohio, host the 7th annual golf tournament in 1990. • The Association was advised that His Eminence László Cardinal Paskai, Primate of Hungary, will be visiting a number of Hungarian communities in the United States. The Board authorized the Association to make a donation to Cardinal Paskai to help offset the expenses of his U.S. tour. • Secretary Vargo reported that he is completing his term of office as president of both the New Jersey and Pennsylvania Fraternal Congresses. His many years of distinctive and unselfish service to these congresses has earned him and the Association much recognition. The Board authorized National Secretary Vargo to be a candidate for the Board of Directors of the National Fraternal Congress of America. • The Board acknowledged the report of Secretary Vargo as presented with sincere thanks and appreciation. • National Vice President Emri commenced reviewing his report. • The Board adopted a motion that the Association grant dividends for 1989 under the same basis and formula as the previous years. • The Board authorized the removal of the $50 policy fee on Single Premium Paid-up policies effective October 1, 1989. • The Board adopted a motion that no commercial stuffers be enclosed in the Association’s premium billing mailings. • The Board adopted a motion that, for the remaining term of this Board, any trip sponsored by the Association be initiated by the Board of Directors. This motion does not exclude branches from authorizing trips. • The Board adopted a motion that tours already offered in our publication, the William Penn Life, be approved by the Board of Directors. • The Board authorized that the Association arrange to sponsor a tour to Hungary in 1990 without any cost to the Association. • The Board adopted a motion that if information is available pertaining to a summer camp trip to Hungary for teenagers, then the matter be referred to the Execu-Continued on Page 12
