William Penn Life, 1993 (28. évfolyam, 1-11. szám)

1993-04-01 / 4. szám

April 1993, William Penn Life, Page 9 Excerpts of the Minutes of the Boord of Directors Meeting held October 24-25-26,1992, in Pittsburgh, Pennsylvania SATURDAY, OCTOBER 24,1992___________ • Chairman of the Board Joseph P. Arvay opened the meeting at 9:00 a.m. • Vice Chairman of the Board Michael J. Hrabar led the members in the Pledge of Allegiance to the Flag of the United States of America. • Director Anthony C. Beke offered the invocation. • President E. E. Vargo extended sincere thanks and appreciation for the many card, phone calls, donations and condolences extended to him and his family on the death of his mother, Rebecca Vargo. • Secretary of the Board Emeritus Frank J. Radvany called the roll and the following are present: National President E. E. Vargo, National Vice Presi­dent-Secretary George S. Charles Jr., and National Vice President-Treasurer Frances A. Furedy. Directors: Chairman Joseph P. Arvay, Anthony C. Beke, Charles S. Fabian, Louis A. Fodor, Elmer A. Furedy, Vice Chairman Michael J. Hrabar, Michael R. Kara, Vice Chairman Roger G. Nagy, Michael F. Tom­­csak, Elmer W. Toth and Frank J. Wukovits Jr. Frank J. Radvany, secretary of the Board emeritus; Carl E. Harvison, Esq.; and Stephen J. Ivancso Sr. Director William J. Kovach was absent due to illness. There being a quorum present, Chairman Arvay officially called the meeting to order. • The Board unanimously adopted the agenda as pre­sented with the proviso that any matters properly belonging to the meeting may be added thereto. • The Board unanimously approved a motion acknowl­edging the minutes of the William Penn Fraternal Association Scholarship Foundation, Inc. annual meet­ing held on May 22, 1992. • The Board unanimously approved a motion accepting the minutes of the Board of Directors meeting held June 5-7, 1992. • The Board approved a motion acknowledging and thanking Chairman Joseph P. Arvay for his untiring efforts in handling the preparations of the Hungarian Festival, Commemorative Tribute and participation of both Hungarian fraternals, the William Penn Associa­tion and the Hungarian Reformed Federation of Amer­ica. It was a tribute to all Hungarians throughout the land, and the Board of Directors wishes to thank Chairman Arvay for his leadership role in handling this history-making event. • The Board approved a motion acknowledging the minutes of the Executive Committee meeting of the William Penn Fraternal Association Scholarship Foun­dation, Inc. held on Aug. 5, 1992. • The Board approved a motion ratifying the actions and minutes of the Executive Committee meeting held on Aug. 6-7, 1992. • National President E. E. Vargo commenced to review his report to the Board of Directors. • President Vargo moved, Vice Chairman Hrabar sec­onded and the Board ratified the action of the Finance Committee in adjusting the annuity interest rates to seven percent effective as of Oct. 1, 1992. • The Board approved a motion that the annual golf tournament will be hosted by Branch 129 Columbus, Ohio, and will be held on July 24, 1992. • The Board approved a motion authorizing the William Penn Association to conduct another Hungarian Lan­guage Camp at Penn Scenic View in August 1993. • • The Board approved a motion granting permission to Fugazy International Travel (Frank J. Chrinko) to arrange two 1993 William Penn tours to Hungary. The suggested dates are June 24 to July 8, 1993, and Sept. 9 to 23, 1993. • The Board approved a motion acknowledging the report of National President E. E. Vargo with sincere thanks and appreciation. • National Vice President-Secretary George S. Charles Jr. commenced to review his report to the Board of Directors. • Vice Chairman Nagy extended sincere thanks and appreciation for the cards, phone calls and best wishes extended to his wife Donna during her recent illness. • Director Toth extended sincere thanks and apprecia­tion for the cards, phone calls and get well wishes extended to him during his recent illness and also for the many condolences he and his family received on the death of his mother-in-law, Susanna Walochik. • The Board approved a motion that the Holiday Basket distribution program be continued, and the Board extended their offer of three holidays baskets valued at $25 each to participating branches donating to those in need. • The Board approved a motion acknowledging the report of the Vice President-Secretary with sincere ' thanks and appreciation. • National Vice President-Treasurer Frances A. Furedy commenced to review her report to the Board of Directors. • The Board approved a motion acknowledging the report of the Vice President-Treasurer with sincere thanks and appreciation. • Director Furedy submitted a verbal report on mainten­ance problems he discussed with Jesse Klink at Penn Scenic View, and the progress he is making on drawings of the various buildings located at Penn Scenic View. • President Vargo submitted a verbal report on the Florida property. • It was announced that a testimonial dinner for the Hungarian Reformed Federation of America will be held on Saturday, Dec. 5, 1992, at the Hungarian American Athletic Club in New Brunswick, N.J. The dinner is in honor of the retiring officers of the Hungarian Reformed Federation of America, namely the Rev. Dr. Imre Bertalan, president; William B. Puskas, treasurer; and the Rt. Rev. Deszo Abraham, vice president. • The Board approved a motion authorizing the Associa­tion to assist Director Louis A. Fodor when he becomes president of the West Virginia Fraternal Congress. • The Board of Directors acknowledged receipt of a letter of request from the Hungarian Stage and Music. • The Board of Directors acknowledged receipt of a letter of request from the Hungarian Old Scouts of Hamilton, Ontario, Canada. • Chairman Arvay recessed the meeting at 3:30 p.m. until 10:00 a.m. Sunday, Oct. 25, 1992. SUNDAY, OCTOBER 25,1992_____________ • Chairman of the Board Joseph P. Arvay reconvened the meeting at 10:00 a.m. and same are present. Also present is Emil W. Herman, Esq., general counsel. • Secretary of the Board Emeritus Frank J. Radvany read the minutes of the Saturday, Oct. 24, 1992 meeting. • The Board approved the minutes of the previous day’s meeting as corrected. • General Counsel Herman read his report. • The Board of Directors approved a motion acknowl­edging the report of general counsel as presented. • The Board approved a motion agreeing to postpone action on the appeal from the findings of fact, conclu­sions recommendations of the hearing panel in the matter of the disciplinary charges against John S. Molnár and Stephen J. Szatmári so the Board members may review the advisory memorandum presented by general counsel which outlines the charges, evidence, findings and recommendations in this matter. The Board will consider and vote on the appeal at Monday’s meeting. • Chairman Arvay recessed the meeting until 9:00 a.m. Monday, Oct. 26, 1992. MONDAY, OCTOBER 26,1992 • Chairman of the Board Joseph P. Arvay reconvened the meeting at 9:00 a.m. and same are present. Also present were the members of the Auditing Committee who were at the Home Office to conduct their semi­annual audit. • Secretary of the Board Emeritus Frank J. Radvany read the minutes of the Sunday, Oct. 25, 1992 meeting. • The Board approved a motion accepting same as corrected. • Chairman Arvay welcomed the members of the Auditing Committee present. He congratulated the Auditing Committee for the fine job they accomplished at the last audit. • President Vargo welcomed the Auditing Committee and thanked the members for the many cards, condol­ences and donations extended to his family on the death of his mother, Rebecca Vargo. • Vice Chairman Hrabar also welcomed the Auditing Committee members. • Vice Chairman Nagy greeted the Auditing Committee. He extended sincere thanks to the Committee members for attending the dinner-dance sponsored by the Hungar­ian Room Committee at the University of Pittsburgh. • Auditing Committee Co-Chairman Robert A. Ivancso, speaking on behalf of the Committee, thanked the Board of Directors and National Officers for permitting the Auditing Committee to attend this Board meeting and expressed hopes that the Committee will live up to the Board’s highest expectations. • The Board unanimously approved and adopted a resolution overruling the objections raised by counsel for John S. Molnár and Stephen J. Szatmári in their appeals to the Board of Directors, and approved and adopted the findings of fact, conclusions and recom­mendations of the hearing panel in the matter of disciplinary charges against John S. Molnár and Stephen J. Szatmári, with the exception of conclusion No. 4, which shall be adopted as recommended by general counsel in the advisory memorandum to the Board. • Chairman of the Board Joseph P. Arvay informed the Board the business on the agenda has been concluded, and he adjourned the meeting at 9:30 a.m. He reminded everyone of the portrait unveiling of National Vice President-Treasurer Frances A. Furedy at the Home Office at 11:00 a.m. He bid everyone a safe and pleasant journey home. Respectfully submitted, Frank J. Radvany Secretary of the Board Emeritus

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