William Penn, 1963 (46. évfolyam, 5-23. szám)

1963-09-18 / 18. szám

PAGE 4 September 18, 1963 William Penn Official Organ of the William Penn Fraternal Association OFFICE OF PUBLICATION RAPID PRINTING COMPANY 7907 West Jefferson Ave. Detroit 17, Michigan PUBLISHED SEMIMONTHLY BY THE William Penn Fraternal Association Managing Editor: JULIUS MACKER Editor’s Office: 436-442 FOURTH AVENUE PITTSBURGH 19, PA. Telephone: COurt 1-3454 or 1-3455. All articles and changes of address should be sent to the WILLIAM PENN FRATERNAL ASSOCIATION 436-442 Fourth Avenue Pittsburgh 19, Pa. SUBSCRIPTION RATES: United States and Canada ........................................ $1.00 a year Foreign Countries ..............................................„... $1.50 a year SECOND CLASS POSTAGE PAID AT DETROIT, MICHIGAN Branch High Lights (Continued from page 3) cent of the former Buckeye Road pro­grams and affairs of this branch. Main speakers at this fine out­ing were William Penn President Julius Macker who, presenting awards to certain honored members, ex­pressed the ardent desire that the spirit of William Penn Fraternalism remain the lifeline of our Associa­tion; and Branch 14 President Nicho­las Juhasz, referring to this society’s past 75 years, hoped that 75 years hence there would still be Hungarian affection in the hearts of the mem­bership. At 5 o’clock in the afternoon awards for 25 years of faithful serv­ice were presented to Branch 14 mem­bers Edward Torda, vice president, and Daniel Kali, controller, by Cle­veland Director Dr. Andrew Kovács and National Controller John Sabo, respectively. This was followed by the presen­tation of the 50-Year Member Em­blem to Bertrand Marki and to Ste­phen Nemeth. National President Julius Macker presented the award to the former and Cleveland Director (Continued From Page 3) TAXES, LICENSES AND FEES (Including Investment Expenses) 1959 1960 1961 1962 Total 4-Year Period 1959-1962 Real Estate Taxes State Insurance Department Licenses and Fees Other State Taxes Federal Taxes All Other Taxes $35,040.28 3,391.00 8,313.07 14,301.13 24.37 $35,359.81 1,845.10 6,414.04 15,406.93 —0— $31,496.44 1,957.00 7,689.47 14,276.22 —0— $31,567.24 1,997.50 9,526.29 15,206.14 —0— $133,463.77 9,190.60 31,942.87 59,190.42 24.37 Total on Cash Basis Net Accrued Expenses Total on Accrued Basis $61,069.85 (8,320.13) $52,749.72 $59,025.88 (305.03) $58,720.85 $55,419.13 502.35 $55,921.48 $58,297.17 1,208.85 - $59,506.02 $233,812.03 (6,913.96) $226,898.07 SUMMARY OF OPERATIONS COMPARISON MONTHLY DUES 1959 1960 961 1962 Total 1959-1962 Life Insurance Sickness and Accident $2,459,909.39 194,747.20 $2,451,657.04 190,726.77 $2,426,692.98 187,813.86 $2,427,358.19 192,602.72 $ 9,765,617.60 765,890.55 Total Premiums $2,654,656.59 $2,642,383.81 $2,614,506.84 $2,619,960.91 $10,531,508.15 Net Investment Income 902,345.89 936,797.98 1,013,433.69 1,056,632.01 3,909,209.57 All Other 15,635.92 25,556.01 51,229.15 51,947.65 144,368.73 Rákóczi MAPUI Dues —0— —0— —0— —0— —0— Total Income $3,572,638.40 $3,604,737.80 $3,679,169.68 $3,728,540.57 $14,585,086.45 DISBURSEMENTS Death Benefits Matured Endowments Disability Waiver Cash Surrender Sickness and Accident Benefits Dividends to Members Rákóczi MAPUI Benefit $ 874,134.28 390,250.00 66.24 312,069.83 170,401.09 92,822.00 —0— $ 828,583.91 531,466.00 136.97 344,546.26 172,268.80 105,913.68 —0— $ 973,524.56 656.031.00 78.27 369.149.01 157,610.58 117,866.47 $ 997,428.03 694,180.00 170.47 364,834.46 174,301.07 136,070.69 —0— $ 3,673,670.78 2,271,927.00 451.95 1,390,599.56 674,581.54 452,672.84 ——0— Total Payments to Members and Beneficiaries $1,839,743.44 $1,982,915.62 $2,274,259.89 $2,366,984.72 $ 8,463,903.67 Commissions Service Fees and Collection Fees $ 169,925.89 237,525.17 $ 162,957.35 149,015.50 $ 179,433.94 135,473.24 $ 175,630.51 131,764.41 $ 687,947.69 653,778.32 Total $ 407,451.06 $ 311,972.85 $ 314,907.18 $ 307,394.92 $ 1,341,726.01 Other Field Expense 95,791.91 81,273.34 75,603.33 93,826.42 346,495.00 Total $ 503,242.97 $ 393,246.19 $ 390,510.51 $ 401,221.34 $ 1,688,221.01 General Ins. Operating Expenses Taxes, Licenses and Fees $ 520,472.50 17,709.44 $ 503,538.92 23,361.04 $ 484,465.21 24,425.04 $ 482,526.69 27,351.04 $ 1,991,003.32 92,846.56 Total $ 538,181.94 $ 526,899.96 $ 508,890.25 $ 509,877.73 $ 2,083,849.88 Payments on Supplementary Con­tracts and Dividend Accumulations 3,911.67 5,769.47 16,552.12 10,990.05 37,223.31 Increase in Life, Sickness and Accident and Other Reserves 686,828.06 620,143.22 435,150.89 423,537.92 2,165,660.09 Total Payments, Expenses and Reserve Increase $3,571,908.08 $3,528,974.46 $3,625,363.66 $3,712,611.76 $14,438,857.96 Net Gain from Operations $ 730.32 $ 75,763.34 $ 53,806.02 $ 15,928.81 $+ 146,228.49 (Continued On The Next Page) Julius Nadas to the latter. Among the many guests at the Branch 14 outing were the following: Julius Macker, National President; Albert J. Stelkovics, National Secre­tary; John Sabo, National Controller, with Mrs. Sabo; Gaspar Papp, Chair­man National Auditing Committee, and Mrs. Papp, Elmer Charles, Field Manager; Fraternal Affairs Admi­nistrator and Mrs. Frank J. Cher — who traveled from the Home Office in PITTSBURGH, PENNSYLVANIA — Dr. John Juhasz, Dr. John Balogh and Paul Battha — Buffalo, New York — Director Stephen Danko, Dis­trict Manager and Mrs. Andrew Vin­ce, Mr. and Mrs. Bert Markey — Detroit, Michigan — Frank J. Wuko­­vits, Division Manager — South Bend, Indiana — Director and Mrs. Frank M. Magyary, Mr. and Mrs. John P .Bank and John Nagy — Akron, Ohio — Director John P, Bal­ia and Julius Teleki — Springdale, Pennsylvania — Dr. Andrew Kovács, Director, and Mrs. Kovács, Dr. Julius Nadas, Director, Joseph J. Horvath, State Representative of Ohio, Mayor Anthony Malesa of Oakwood, Coun­cilman and Mrs. Stephen Gaspar, Dr. and Mrs. John Stibran, Frank Szap­panos, Gustavus Bessenyey, and Branch 45 members Mr. and Mrs. James Keszey and Mr. and Mrs. Ber­talan Kalman — Cleveland and area. Branch 14 expresses its deep ap­preciation and thanks to its following members who worked enthusiastically to assure the success of the picnic: Mrs. Izsák, Mrs. Galo, Mrs. Ta­tai, Mrs. Ladányi, Mrs. Torda, Mrs. Semetko, Mrs Szalay, Miss Mary Molnár — kitchen Joseph Kovács, Daniel Kali, Jo­seph Semetko, Mr. and Mrs. Joseph Toth — receipts. Louis Torda, Julius Juhasz, Fred Eger, Bela Torda, Joseph Bel and Steve Kovács — refreshments. This branch will hold a harvest festival on Saturday, October 19, at the St. Stephen Club hall, 11205 Buckeye Road. Frank Boris and his orchestra will play for the event. Performances will be by the Hun­garian dance group of Mrs. Fineleti and the members of the Young Li­beration Committee. Food and drinks will be served. Members and friends are invited to participate. Fraternally, STEPHEN SZAPPANOS Secretary DETROIT, Michigan HARVEST FESTIVAL REPORT As reported minutely in the Au­gust issue of the WILLIAM PENN, the HARVEST FESTIVAL AND DIAMOND JUBILEE RÁKÓCZI DAY held August 4th at the Ma­gyar Park near Estral Beach was extremely successful. Rather than list the committees’ names separately (since they worked on more than one committee), the entire roster of workers, guests, names of those who donated prizes, and a complete list of- out-of-town guests will fol­low : There was a Kitchen Committee, Purchasing Committee, Committees which did the following: Bar, Park­ing, Gate Sales, Advance Sales, Hand­bill and Poster Committees, Publi­city, Sale of Lunch Tickets, First Aid (Joseph Demeter was the first and only casualty — he was putting up road signs in the early morning and the door slammed on his hand, putting him “not quite” out of com­mission) ; there was a Clean-Up Squad, last minute purchases during (Continued on page 5)

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