William Penn, 1957 (40. évfolyam, 1-12. szám)

1957-11-06 / 11. szám

November 20, 1957.

PAGE 5

William Penn

Minutes of the Board of Directors Meeting

(Continued from page 2)

plan and report the results of the study to the next meeting of the Finance Committee.

8. The Committee next reviews the security transactions from April, 1957, to August, 1957, and checks the files and found no differences than What was reported. The Committee, therefore, approves the complete transactions of the Investment Department of all purchases and sales of these securities.

9. Proposed new Office Building. The Committee studies and deliberates the proposed new Office Building at great length. There are certain obvious facts about the property:

3. It was purchased for the right price.

2. It is well located and rated as first-line property.

3. There has been much interest shown by national concerns looking

for lease space.

Specific plans have not been drawn and there have been no expenditures to this point on the project.

In view of these facts and others, the Finance Committee feels that all risks have been eliminated and that it is good long-range planning -with a good income. The Committee feels this is an excellent opportunity for a good interest return and appreciation but it must be acted on now. Therefore, the Committee recommends the construction of the new Office Building. The Committee recommends the election of three (3) members of the Board and that they be authorized and empowered to enter into contracts for the construction of a suitable building.

The Board accepts the Committee’s recommendation, with the amendment that, if need be, the Committee for the new building could, without benefit of further Board approval, consider erection of a building to encompass the total area owned by the William Penn Fraternal Association; that is, the parking lots and the present Home Office Building site.

The Board accepts the Committee’s recommendation that the Board elect a Three-Man Building Committee, who are to be authorized and empowered to enter into contracts for the construction of a suitable building and adopts the following resolution:

“Resolved, that three Board members shall constitute the Building Committee, and said Committee be and it is hereby authorized, empowered, and directed to cause to be prepared all necessary plans and to let contracts

for the construction of said building. The Staff will participate in all meetings of the Three Board Member Building Committee and they can render their opinion at all such meetings but without the right to vote.

Be it. further resolved, that the proper Officers of the Association be and they are hereby authorized, empowered and directed to pay all reasonable and proper costs, and to execute all contracts, and to borrow money on notes, bonds, mortgages or leases, and to pledge the credit of the Association to finance the construction of the Building herein before authorized.”

The following are elected to the Building Committee — JULIUS

MACKER, LOUIS VARGA, ALOYSIUS C. FALUSSY.

The Board also adopts the following resolution.

“Resolved that the William Penn Fraternal Association construct a

suitable building on the original site of the St. Nicholas Building, or that site combined with the site of the present building, if necessary. Subject to the approval of the Pennsylvania State Insurance Department.

. 18. On a properly made and seconded motion, the Board unanimously

adopts the Minutes of the Finance Committee.

19. During the discussion of Point 16 of the Finance Committee’s Agenda ■— Proposed New Office Building, the five members of the Auditing Committee made their appearance. They thanked the Board for granting them permission to sit in on this discussion, and offered a few favorable remarks before taking their departure.

20. At this time, Director RADVANY, Chairman of the Finance Committee thanks the Board for the cooperation shown and the spirit with which bis Committee’s Report was received.

21. The Board acknowledges with thanks, the following letter received from Dr. Emilio Nunez Portuondo, Ambassador, Permanent Representative of Cuba to the United Nations:

“El Embajador De Cuba En Naciones Unidas

New York, N. Y. .

September 10th, 1957

Mr. Louis Varga, Chairman Board of Directors of the William Penn Fraternal Association 436 Fourth Avenue Pittsburgh, Penna.

Dear Mr. Varga:

I have the honour to acknowledge the receipt of your telegram of September 9th, 1957, in connection with the Hungarian case.

I wish to inform you that, as in the past, I will continue in my defense of the noble cause of the Hungarian people, which was invaded by the Russian armies some time ago, and you may count with my support and cooperation in this tragic case and will fight on behalf of that country in the United Nations to obtain its freedom and independence and to restore a democratic government in the valiant Hungarian nation..

Sincerely yours,

(s) D. E. Ptdo

Dr. Emilio Nuniez Portuondo Ambassador

Permanent Representative of Cuba to United Nations.”

Also letter from Henry Cabot LODGE.

22. The Minutes of the Requests, Complaints and Suggestions Committee meeting are read by National Secretary STELKOVICS ,and they are deliberated, amended, acknowledged and approved. These Minutes, as amended, become a permanent part of these Board Minutes, and are attached hereto.

23. Minutes of the Requests, Complaints and Suggestions Committee.

MINUTES OF THE REQUESTS, COMPLAINTS AND SUGGESTIONS COMMITTEE OF THE BOARD OF DIRECTORS OF THE WILLIAM PENN FRATERNAL ASSOCIATION, TUESDAY, September 10, 1957

The Committee convenes at 9:15 A. M. in the Office of the National Secretary. The following are present:

Dr. Andrew KOVÁCS, Julius J. LENART, Joseph KORMONDY, Gabriel CZERNAI, Louis VIZI, Andrew FEJES, John P. BALLA, Directors; John SABO, National Auditor; Albert J. STELKOVICS, National Secretary.

1. The meeting was called to order by Chairman Dr. Andrew KOVÁCS, who greets the group and requests their full cooperation. He expresses the hope that we will have a successful meeting and will arrive at sound decisions.

2. The Committee concerns itself with Letters of thanks and appreciation.

1) The Committee acknowledges with thanks the letter of Mrs. Amelia FODOR, Rapid Printing Company, in which she thanks us for the renewal of the contract for the printing of the Official Publication, through her Company.

2) The Committee acknowledges the August 1, 1957 letter of the Coordinated Hungarian Relief, Inc., in which they thank the William Penn Fraternal Association Branches for their noble donation of $10,000.00.

3. The Committee next concerns itself with Invitations.

1) The Committee accepts with thanks the kind invitation of Branch 45-V of Cleveland, Ohio, to the Members of the Board and National Officers, to celebrate with them their 50th Anniversary on October 20, 1957, at the Cleveland West Side Evangelical Church Hall.

This Committee requests the Board t to direct Dr. Andrew KOVÁCS, Director, and Director Frank MAGYARY to represent the Board of Directors, and National President Coloman REVESZ to represent the Home Office at this Golden Anniversary celebration.

2) The Committee accepts with thanks, the invitation to the Board of Directors and National Officers, from Branch 59-V, Scalp Level, Pa., to attend their 50th Anniversary to be held on Saturday, September 28, 1957 at 6:00 P. M. in Scalp Level, Pa.

The Committee requests the Board to delegate Directors VIZI and FACZAN to represent the Board of Directors, and National Auditor John SABO to represent the Home Office.

4. Citations — is the next point of discussion

1) This Committee recommends to the Board that the ILLUSTRIOUS Citation and Emblem be given to Director Andrew FEJES, during this session of the Board, with the presentation being made by Board Chairman VARGA.

This Committee further recommends to the Board that the Illustrious Citation and Emblem be given to the following members of Branch 85-V, Daisytown, Pa., who meet the necessary qualifications:

Alex DEBRECZENI, Sr. — 40 years service John POLLOCK, Sr. — 30 years service Alex HAJDÚ, Sr. —• 23 years service

Director LENART being the nearest Director, will make the presentations at the ceremonial banquet to be held September 21, 1957 at the First Hungarian Hall in Walkertown, Pa.

5. The Illustrious Citation and Emblem is recommended to be awarded to John MOLNÁR, Sr., Branch 115-R, Seanor, Pa. for over 20 years service, with presentation to be. made by Director Louis VIZI.

6. This Committee recommends that the Illustrious Citation and Emblem be presented by Director IBOS to John HEGEDŰS of Branch 48-V in New York, N. Y., for over 18 years of faithful service to the Association.

7. It is further recommended that the Illustrious Citation and Emblem be awarded to Ignatius HARSANYI of Branch 177-V of Wyano, Pa., for over 28 years of faithful service, and the citation to be presented by Director LENART.

5. Request of American Hungarian Federation

The Committee concerns itself with the request of the American Hungarian Federation for a donation from us, so that our name may be permanently recorded on the plaque which they are going to dedicate in their newly purchased MICHAEL de KOVATS BUILDING in Washington, D. C. on October 23, 1957.

’ The Committee discussed the matter thoroughly, and upon a properly made and seconded motion, they recommend to the Board that we donate $1,000.00 at this time toward the purchase and renovation of the $37,000.00 building purchased by the American Hungarian Federation.

6. National President Coloman REVESZ’s 25th Anniversary Banquet.

After due deliberation and discussion, it is the recommendation of this

Committee to the Board, that \n appropriate Testimonial Banquet be arranged to honor National President Coloman REVESZ for his 25 continuous! years of faithful service and untiring devotion to our Association.

The details of the banquet, which will be held during the week of the 1958 Spring Board meeting, are left for the Staff to work out.

7. September 1957 Report of the National Secretary and National Auditor to the Board.

The Committee now discusses the Report of the National Secretary and National Auditor, and makes the following recommendations and comments:

Page 21 i— Branch Procedures. Upon the Staff’s recommendation to this Committee, we recommend to the Board, that in the future, all Branches, however large or small, must have a Branch checking account and funds - received by the Branch relative to the William Penn Fraternal Association shall be deposited to this account, and only William Penn Fraternal Association funds shall be deposited to this account. It is imperative that this procedure be followed, as it is a must, for proper auditing procedures. Non-compliance with this ruling, will result in the Home Office taking the necessary steps to enforce this requirement.

Page 32 — Medical Examiners. This Committee agrees with the Staff and recommends to the Board, as requested in their report, that the Association must have control of the Medical Examiners to whom applicants may be referred when a medical examination is necessary, as the Association is being exposed to many more and large risks.

The Board approves the recommendation of the Committee.

24. The Board accepts with thanks the Minutes of the Requests, Complaints and Suggestions Committee as amended.

25. The Board now hears the Minutes of the Promotional and Organizational Committee, as read by Directors IBOS and KOROSY. Said Minutes are deliberated, amended, approved and accepted with thanks by the Board.