Verhovayak Lapja, 1946 (29. évfolyam, 1-52. szám)
1946 / Verhovay Journal
Page 2 Verhovay Journal July 10, 1946 The Verhovay Album of Branch Managers JOSEPH NEMETH — BRANCH 145 — JERSEY CITY, N. J. Many of the old-stock Verhovayans remember 1924 as the year of intense drama, great discord and anxiety. It was then that the outmoded and inadequate “assessment plan” was abandoned and replaced with the legal reserve plan. The transformation was not an easy one: it shook the structure of the Verhovay, down to its very foundations. Within a few years the membership, 25,000 in 1924, decreased to 18,000. A great many members turned away from the Verhovay and, in some instances, entire branches left the organization. One of these was branch 145 of Jersey City, N, J. The Verhovay, however, survived the initial shock and soon recovered its losses. Many of the disgruntled members regretted their rashness when they realized that the transition was to the advantage of the Association and its membership. In ever increasing numbers they returned and rejoined the Verhovay. Branch 145, too, returned and the man whose efforts were instrumental in bringing about the reconciliation, was Joseph Nemeth, manager of that Branch since 1942. He was born in Koronczo, Gyor county, Hungary, on March 3, 1889. He entered the United States on June 10th, 1912 and settled in Jersey City. He works for the Crucible Steel Co., as a temper, since 1916, the year of -his first marriage. His first wife died on October 2, 1934, leaving three children, Elizabeth, Joseph and Iren. Joseph, a sergeant in World War II., served two and a half years in the European theatre of war and Iren, a first Lieutenant, two years on Iceland. Mr. Nemeth remarried on April 7, 1945. His wife is the former Rose Bodo. They reside at 159 Mallory Ave. Mr. Nemeth has 40 new members to his credit. WOMEN’S CHAMPIONSHIP WENT TO SOUTH BEND, IND. No. 1 team of Branch 132, South Bend, Ind., won the Verhovay national championship in the Women’s Division with a total score of 2,285. High single team-game, high single individual and high 3 game individual records were also established by these outstanding bowlers whose charm, friendliness and determination won them the admiration of all the fellow-bowlers as well as the spectators. Business As Usual... REPORT OF THE AUDITING 0MITTEE (Continued from Page 1) 2. ) NEW YORK, N. Y., Branch 83, Joseph Toma manager, local organizer, follows with $10,000, 13 new members. 3. ) DETROIT, MICH., Branch 36, Stephen Lukacs manager, local organizer is close next with $8,000, 13 new members. 4. ) DETROIT, MICH., Branch 443, Joseph Szabó manager, promises another great success with $8,000, 5 new members. 5. ) DAYTON, O., Branch 362, Julius Polichany manager, concludes the list of leading branches with $5,000 and 5 new members. LEADING CITIES $10,000 or more was written during the first month in the following three cities: 1. ) DETROIT, MICH., is the leader among the cities at the end of the first round, with branches 36, 356, 443, 500 and 511 having produced a grand total of $22,000, 24 new members. 2. ) SOUTH BEND, IND., is second, with its only branch, 132, and Frank Wukovits, manager, up to this time the only contestant, being credited with $17,0C0 insurance en 15 new members. 3. ) NEW YORK, N. Y., represented by branches 35, 83, 97 and 394 in the contest, concludes the list with $11,500 and 15 new members. PRIZES WORTH YOUR TROUBLE The unusually generous provisions of this contest make it possible for every contestant to win a valuable prize. To begin at the bottom, every contestant with not less than $3,000 and not more than $5,950 to his credit, shall receive the Verhovay 60th Anniversary Silver Ring. t Every contestant producing $6,000 or more shall be awarded the Verhovay COtli Anniversary Gold Ring. In addition to these valuable rings, 45 cash prizes are to be distributed aincng the highest producers. The Grand Prize: $100. 2 prizes of $300 each. 3 prizes of $200 each. 12 prizes of $100 each. 12-priz'es of $75 each. 15 prizes of $50 each. These prizes are your opportunity and your responsibility. Every branch-manager and every member must realize that such an outlay can be justified only by proportionate results. In fact' (lie high value of the prizes and awards set for this contest make it absolutely imperative that the results of the Verhovay 60th Anniversary Gold Ring Contest surpass those attained during the first anniversary contest. JULY FORECAST During last November, the second month of the first anniversary contest, 307 new members were secured. In view of the June 17th to June 29th inclusive MINUTES taken at the Home Office of the Verhovay Fraternal Insurance Association, 436 Fourth Avenue, Pittsburgh, Pa., at the regular one-third yearly audit held by the Auditing Committee from June 17 to June 29, 1946 inclusive. Present are—Ernest Kunstadt, Alexander Nyirati and Jolán Lucas. In the course of the examination we found that all monthly dues sent by the Branches to the Home Office between January 1, and April 30, 1946, all interests received on bonds and all general receipts had regularly been deposited in the Mellon National and First National Banks of Pittsburgh. We checked all Trust Fund, Loans, Sick Benefits, Verhovay Home Office Building, Verhovay Branch Properties and Verhovay Fund records and found them to be accurate and capably handled. We also found that the official data published by the Home Office in the Official Journal render a true picture of the financial state of the Association. All bonds, deposited in the safety vaults of the Mellon National Bank, had been found as listed. Cqupons had been regularly presented for collection and the amounts collected had been credited to our accounts. The statement of assets as of the first auditing period of 1946 follows, April 30, 1946 ___________________$7,654,060.34 December 31, 1945 _______________ 7,358,633.62 Increase _________________________$ 295,426.72 The above amount in comparison of the same period in 1945 business, shows a favorable increase. Although a slight increase is noticeable in our Sick Benefit payments, our death rates for the same period have decreased. On the basis of the above facts we have came to the conclusion that 1946 will be one of the most successful years of the Verhovay Fraternal Insurance Association. ERNEST KUNSTADT ALEXANDER NYIRATI JOLÁN LUCAS Chairman of Aud. Comm. Member of Aud. Comm. Secretary of Aud. Comm. conditions now being much more favorable for organizing activities than they were during that month, the second month of the current contest should bring much higher results. The number of new certificates to be issued during this month, should be far in excess of 409, in fact, we are justified in expecting something around 500. Though the trend at this time does not yet encourage such high hopes, there is every possibility of attaining that goal. Let’s get organized! Don’t forget, please, that every member of the Verhovay F. I. Association is eligible to participate in the Contest. Branchmanagers and local organizers are ex-officio contestants and not required to register. All other fellow-members are required to register with the Home Office not later than August 31st, 1946, midnight. Again we appeal to the branches to make it their business to be represented in this drive by one or more contestants. It is the obvious duty of the branch-officers to heed this appeal. WEIRTON, W. VA. Branch 464 The members of Branch 464 are notified herewith that Stephen Mate, manager of this branch, resigned due to having moved to the east. Mrs. Peter Battista, 915 Fourth Avenue, Weirton, W. Va., has been apiibinted manager of Branch 464, effective immediately. The members of Branch 464 are requested to contact the new branch-manager in all official matters. Fraternally, JOHN BENCZE, Supreme President.
