Fraternity-Testvériség, 1965 (43. évfolyam, 1-12. szám)
1965-05-01 / 5. szám
FRATERNITY 9 Washington, D. C.; 3216 New Mexico Ave., N. W. — No. 5 As shown in the Annual Statement, the cost of the Home Office to December 31, 1964, was $407,446.86. — The building was dedicated May 31, 1964. Detroit, Michigan — No. 6 The office is being partitioned for possible renting. Flemington, N. J. — No. 7 No rent was received in 1964, but a three-year lease was signed in 1965 with the Parision Realty Company for rental of the building at $750.00 per month for the first year, $800.00 for the second year and $850.00 for the third year, with an option to buy within the first two years for $110,000.00 and $115,000.00 in the third year. I visited this property twice in connection with prospects for renting the building. IX. STATEMENT OF LEDGER ASSETS Ledger Assets of the Federation on Dec. 31, 1964, were........$13,554,463.82 Ledger Assets of the Federation on Dec. 31, 1963, were....... 13,005,033.27 Increase in Ledger Assets in 1964 was.......................................$ 549,430.55 The ratio of net invested income is 4.43% as compared to 4.28% last year. ★ ★ ★ I wish to express my appreciation to Elizabeth Balazs and Zoltán Rottykos for their faithful service in the Treasury Department throughout the year. To my Fellow Officers and the Home Office employees I also extend my appreciation for their cooperation in the past year. I submit my report and trust that upon examination it meets with your approval and gains your acceptance. Fraternally yours, PAUL ST. MIKLOSSY, Treasurer PROBLEMS ABOUT SOCIAL SECURITY Question: My 5-year-old granddaughter gets social security benefits based on her late father’s account. Her grandfather and I are considering legally adopting her. Would this stop her social security benefits? Answer: No. Adoption by a grandparent does not terminate a child’s benefit. However, if the child were adopted by anyone OTHER than the child’s grandparent, stepparent, aunt or uncle, the benefits wouldfc be stopped.
