Verhovayak Lapja, 1947 (30. évfolyam, 1-24. szám)

1947 / Verhovay Journal

PAGE 4 Verhov ay Journal Journal of the Verhovay Fraternal Insurance Ass’n. OFFICE OF PUBLICATION 7907 West Jefferson Ave. Detroit 17, Mich. PUBLISHED SEMI-MONTHLY BY THE Verhovay Fraternal Insurance Association Managing Editor: JOHN BENCZE Editor: COLOMAN REVESZ Editor’s Office: 436—442 FOURTH AVENUE PITTSBURGH 19, PA. Telephone: COurt 3454 or 3455 All articles and changes of address should be sent to the VERHOVAY FRATERNAL INSURANCE ASSOCIATION 436—422 FOURTH AVENUE PITTSBURGH 19, PA.- SUBSCRIPTION RATES: United States and Canada ...................................... $1.00 a year Foreign Countries ...................................................... $1.50 a year ADVERTISING DEPARTMENT: P. O. BOX 7, WOOLSEY STATION — LONG ISLAND CITY 5, N. Y. Entered a^ Second Class Matter at the Post Office at Detroit, Michigan under the Act of March 3, 1879. The Report of the Auditing Committee MINUTES TAKEN AT THE HOME OF THE VERHOVAY FRATER­NAL INSURANCE ASSOCIATION, 436 Fourth Avenue, Pittsburgh, Pa., at the regular annual audit held by the Auditing Committee from March 10 to March 22, 1947, 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 September 1, 1946 and December 31, 1946, all interests received on bonds and all general receipts had been regularly deposited in Pittsburgh banks. We have analyzed all the transactions of premium payments, death claims, sick benefit and maiming benefits, Trust Fund. Home Office Building income and disbursements. We also checked the market price quotations at which various bonds had been purchased. 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. Coupons had been regularly presented for collection and the amounts collected had been credited to our accounts. Exceptions are the bonds of the Missouri Pacific Railroad Company, the New Orleans, Texas and Mexico Railway Company and the New York-New Haven and Hartford Connecting Railroad, although some back interests have been re­ceived from these companies. The statement of assets as of the third auditing period of 1946 follows: December 31, 1946 ...................... $8.062,383.15 August 31, 1946 .......................... 7,882,689.97 Net Increase ........................ $ 179,693.18 The statement of assets as revealed in the Annual Statement and which has been verified by the current audit follows: December 31, 1946 ................. $8,062,383.15 December 31, 1945 .......,............. 7,358,633.62 Net Increase during 1946 $ 703,749.53 The net increase attained during 1946 is the second­­best in the past seven years, which shows the soundness of oivf investments and capable management. During 1946, the membership of the Association in­creased by 2,410 members, and with these additional members we have passed the forty million dollar mark of insurance in force. Our death rate ratio dropped nearly five per-cent (5%). the lowest it has been since 1942. On the basis of the above facts we have come to the conclusion that 1946 folowed through with the precedent set in the previous year. ERNEST KUNSTADT: Chairman, Auditing Committee ALEXANDER NYIRATI: Member, Auditing Committee JOLÁN LUCAS: Secretary, Auditing Committee Verhovay Journal April 9, 1947 THE HOMESTEAD MERRY-GO-ROUND Branch 430 A Bake Sale By: William C. Kohut For Relief:’ Admitted to the Bar of Pennsylvania GAY BANYAGSKY—BANES, ATTORNEY It is a great pleasure to con­gratulate fellow-member Gay Ba­­nyacsky-Banes, President of Chapter 2 of the American Hun­garian Relief, Inc., Pittsburgh, Pa., upon his admission to the courts of Pennsylvania. Attorney and Counsellor-at-law Gay Banes was admitted to practice at the Pennsylvania Supreme Court on March 24, 1947, and to the Com­mon Pleas, Orphan and County Courts of Allegheny County on March 26, 1947. He has recently joined the Verhovay at Branch 430, Homestead, Pa. His parents, Joseph and Mary Banyacsky, came from Hungary and Gay was born on July 27, 1916, in McKeesport, Pa,, where he spent his childhood until his graduation from McKeesport High in 1934. During his happy child­hood his main hobby was collect­ing butterflies and moths. When no more were left, Gay having caught all of McKeesport’s wing­ed insects, he turned his atten­tion toward a less elusive subject and became a philatelist. At the age of 14, when he still was in­terested in boys rather than girls, he helped organize the Boy Scout Troop of the Free Magyar Re­formed Church. He stayed with philately and scouting until en­tering college. He went to the Ohio Northern University in Ada, Ohio, in 1934 and majoring in chemistry (with physics and math as a side-line) he earned two letters of the alphabet and a teacher’s certificate in 1938. B.S. (Bachelor of Science) Gay Banyacsky-Banes then returned to McKeesport and worked for the next two years as a hospital tech­nician in the Allegheny County Institution District. (No more was said about butterflies . . .)• Toward the end of 1939 he en­tered the employ of the Vanadium Corporation of America as an analytical chemist, working in Bridgeville, Pa. Thus the out­break of World War II., found him where Uncle Sam obviously needed him most and there he was kept throughout the war. Though working strenuous hours, Gay’s abounding ambition still had to find another outlet. He entered Duquesne University in 1941, attended the School of Law, completed a four year even­ing course in three years and was granted three more letters of the During one of the February meetings of the Pittsburgh Se­cond Generation Chapter No. 117 of the American-Hungarian Re­lief, Inc., a bake sale was voted for two days, Friday March 14th and Saturday, March 15th, the day of the Hungarian Tag Day in Pittsburgh. This action came as an aftermath to the previously held bake sale which was ex­tremely well-received by the pub­lic. A committee of three fem­inine members of the Chapter were appointed to make all ne­cessary arrangements for the bake sale, and they were Betty Andrew of Pittsburgh, Margaret Kérészi of McKeesport and Mrs. William C. Kohut, of Munhall. Losing no time, these three members launch­ed a determined drive for Hun­garian pastries to be sold at the bake sale, and needless to say sacrificed much time, money and effort in the attainment of their goal. Then came the day of the bake sale. And I do not exaggerate whenever I say that bushels of the finest Hungarians pastries poured into the lobby of the Ver­hovay building for the bake sale. They were the finest products of Hungarian skill and patience with the oven. There were neat­ly piled on three long tables prac­tically the entire length of the Verhovay lobby Hungarian past­ries of evry kind, type, size, shape and appearance. A mighty nice pastry picture greeted the eyes of the buying public. The second day also found many pastries, all donated, pouring into the Bake Sale. And just as they poured in, so they poured out in cake box­es of all sizes, bags and whatever type conveyance available. The buying public, both Americans and Hungarians, purchased in June, 1944. Done with butterflies, stamps, and chemistry (in the same order) he entered his legal career as a Claims Settlement Agent with the Department of Public Assistance, Commonwealth of Pennsylvania, in November, 1945 and that’s where we find him at this time. In the mean­time, however, B.S. and L.L.B., Gay B. Banes passed the Penn­sylvania State Bar examinations in May, 1946, completed clerk­ship in March 1947 and was ad­mitted to the Courts of Penn­sylvania in the same month. Though twice a “Bachelor” (of Science and Law), Gay still is married. Very much so. And that’s not surprising to those who know his exceedingly charming and lovely wife, the former He­len Waskovitz, whom he had the good f<Trtune to marry on Novem­ber 28, 1942. Their daughter, Sandra Gay, a true copy of her Mama, is two and a half years old. By the way, while at College, Gay included fencing, the organi­zation of a Biology Club and a Chemist’s Club in his extra-curri­cular activities, was president of the latter for one year, and was elected honorary member of the and the biological soc­quanities up to $5.00, and even came back for more. Yhe re­sponse to the sale was extreme­ly favorable, as was the financial return for the two-day sale, a total of $507.00. This outstanding success be­came possible because of the strong determination on the part of the three ladies to achieve a smashing success, and also be­cause of the excellent coopera­tion they obtained from our Hun­garian women in the baking of the pastries without charge, the donations of sugar and last but not least the cash donations of those unable to participate other­wise. I believe it in order to extend grateful thanks to those women who supervised and aided at the scene df the bake sale, Mrs. M. B. Tusai, Mrs. John Bencze, wife of our trusty President, his daughter, Yolanda Bencze, Mrs. John Sza­­ianczy, wife of our esteemed Treasurer, Mrs. George Foley, Margaret Kérészi, Mrs. Helen Fa­zekas, Betty Andre and the wife of your humble scribe. Next we extend sincere appre­ciation to the following who do­nated their time, expensive in­gredients and skill in the pre­paration of the fine Hungarian pastries: Homestead: Mrs. Joseph Doczy, Mrs. Andrew Katona, Mrs. Wm. Becze, Mrs. John Katrincsak, Mrs. Helen Takaeh, Mrs. John Toth, Sr., Mrs. Joseph Hasak (239—21st Ave.), Mrs. Bert Kuhn, Mrs. Geo. Bajko, Mrs. Géza Ka­tona, Mrs. Mary Martin, Mrs. John Csizmadia, Sr., Mrs. Bet­ty Kostra, Mrs. Mary Ro­bertson, Mrs. Helen Toth (549 W. 8th Ave.), Mrs. Elizabeth Ko­vach, Mrs. Jos. DeBoth, Mrs. Geo. Perenyi, Mrs. Ethel SimchO, Mrs. Yolanda Toth, Mrs. John Kohut, iety. Thus he rose from catching butterflies and moths to fenc­ing, from the boy scouts to the presidency of the chemistry club and from stamps to analytical chemistry and then to attorney­­ship. Gay certainly is not a one­sided individual . . . An unusual amount and variety of exper­ience will prove a great asset to Gay in his profession as an at­torney and counsellor at1 law. We are sure that his clients-to-be will have as much confidence in him as his friends a great many of whom are to be found among the enthusiastic members of Chapter 2 of the American Hun­garian Relief, Inc., the organiz­ing of which was another extra-® curricular feat of Gay and a handful of his close friends. In their behalf as well as that of the entire Verhovay membership we extend out congratulations and best wishes to Attorney Gay Ba­nyacsky-Banes. Of course, we in­clude Helen in our congratula­tions, for her faith in her hus­band surely must have been an inspiration to him. Also included is little Sandra Gay, for cer­tainly the day will come when she will be as proud of her Dad­dy as we are! The best of luck to all three of you! alphabet (L.L.B. this time) in language (Continued on page 7)

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