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

1947 / Verhovay Journal

PAGE 4

Verhovay 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—442 FOURTH AVENUE PITTSBURGH 19, PA.

SUBSCRIPTION RATES: 1»

United States and Canada .......................................... $1.00 a year

Foreign Countries ........................................................... $1.50 a year

ADVERTISING DEPARTMENT: P. 0. BOX 7, WOOLSEY STATION — LONG ISLAND CITY 5, N. Y.

Entered as Second Class Matter at the Post Office at Detroit, Michigan under the Act of March 3, 1879.

Verhovay Moves Forward Amid Nation’s Fraternals

— GAINS OF 1946 MAKE EXCELLENT SHOWING IN

STATISTICS OF AMERICAN FRATERNAL INSURANCE SYSTEM. —

The comparative statistics of America’s fraternal societies is one of the most interesting annual features appearing exclusively in The Fraternal Monitor. The May 1947 issue of this fine magazine again presenting an array of facts and figures on the growth and development of the fraternal benefit system makes good reading for the members of the Verhovay, for it reveals that our Association has substantially improved its status among the fraternal societies of the nation.

1946 A Record Year.

“The past year was a banner year in every sense of the word”, states the Fraternal Monitor. The amount of insurance written was 32% greater than that written in the preceding year and the number of certificates written represented a 14% increase over that of 1945. By the end of 1946 the fraternal societies of America had 9,284,252 members in 93,387 lodges. Their assets totalled almost 2 billion dollars (an increase of $81,567,400 over 1945) and insurance in force was nearly 8 billion dollars (almost 500 million dollars more than in 1945). Membership increase in 1946 was 216,601.

It is a source of great satisfaction to us that the Verhovay has helped improve the record of the American fraternal benefit system. It has done so by producing gains above the average attained by the fraternals of the country, as shown in the following analysis of the facts and figures appearing in The Fraternal Monitor.

MEMBERSHIP INCREASE

69 of America’s fraternal societies attained net gains of 500 or more in adult members. Among these Verhovay took 24th place

with a net increase of 2,004. Of course, the Verhovay was first among all Hungarian fraternals, but, considering its size, this is as it should be. To the total net increase attained by the 69 largest producers of the country Verhovay contributed 8%!

In 1945 Verhovay held 32nd place in gains made in adult members. Thus in 1946 our Association moved up 8 steps.

As far as juvenile increase is concerned, Verhovay’s progress Was not as great as it could have been. In fact, this is the one and only point in which another Hungarian fraternal society, the Hungarian Reformed Federation, beat the Verhovay. Our increase of 406 put us on 37th place while the Reformed Federation took 25th place with a net increase of 775. Still, even on this count there is marked improvement for in 1945 the Verhovay was not even included in the list of societies producing a gain of 400 or more juvenile members, while in 1946 we, too, have entered the ranks of major producers in the juvenile field.

DIVIDENDS

In 1946, for the first time since the outbreak of World War II., the Verhovay declared dividends. With a total of'$31,762 paid, our Association held 39th place among 95 societies having declared dividends. Those who have been so critical of last year’s comparatively low dividends would do well to remember that 55 out of 95 societies had paid less than the Verhovay, while more than a hundred have NOT paid any dividends!

INSURANCE IN FORCE

Gains in insurance in force of more than $500,000 have been attained by 71 societies. Among these Verhovay held 30th place, keeping far ahead of all other Hungarian societies, with a net increase of $2,571,235. Total amount of insurance in force at the end of 1946 was $41,732,628.

MILLIONAIRE SOCIETIES

Among 153 fraternal societies holding more than one million

Buffalo Valedictorian Wins 4 Medals,

5 Scholarships, Enters Wellesley College

Verhovay Journal

_________________________

Four months ago we told the story of Ildikó de Papp, daughter of the Rev. and Mrs. John

L. E. De Papp, a member of Branch 121, of which Pastor De- Papp is the manager. Holding first place on the Honor Roll of Riverside High School, with an average of 98.3%, she was contemplating, at that time, several scholarships that had been offered her by outstanding colleges.

The story of Ildiko’s scholarships now can be concluded. Ildikó has made up her mind and will enter Wellesley College this fall where she will take English, Latin and History as her major subjects.

In addition to the scholarships offered by Westinghouse and Carnegie Tech, she was offered scholarships by the following five colleges: Wagner, Hartwick, Wellesley, Vassal* and Smith. (This would make seven altogether, but since Ildikó did not even want to consider the first two, we mention just these 5 colleges.)

The Annual Commencement of Riverside High School was held on June 25th, 1947, and it was a great event, indeed, for the de Papp family. For Ildikó Emmy de Papp, four star, top-honor student of Riverside High, was

the valedictorian and, as reported by the Buffalo Evening News, recipient of four awards.

The senior scholarship gold pin of Riverside High went to Ildikó. This was followed by the first Jesse Ketchum Gold Medal. Then came the Bausch and Lomb Science Award, another gold medal. The Woodmen of the World American History Prize (that’s right, a gold medal) followed. A $200 scholarship award from Riverside High School and the Americanism Award of Riverside Unit 1010 American Legion concluded the list.

As was mentioned in the first story about Ildikó, she isn’t the only talented person in the De- Papp family. Her sister, Emőke, also is an Honor Roll student, and so is her brother, Zsolt . . . And so it was only natural, that the Rev. de Papp was requested to offer the benediction at the annual Commencement.

Ildikó has a full tuition scholarship to Wellesley and that takes care of the financial problem. Since she is also well supplied with gray matter, there is nothing left to worry about. The V. Journal takes great pleasure in congratulating Ildikó to her unparalleled achievements and wishes her Godspeed to Wellesley!

dollars in assets Verhovay has climbed up to 51st place with assets totalling $8,142,471.68 at the end of 1946.

In 1945 there were 155 Millionaire Societies and among these Verhovay has held 53rd place. We moved two lengths ahead during the year of the 60th anniversary. — Our net increase during that year was $705,550.03. *

FRATERNAL JOURNALS

The importance of fraternal journals was stressed by the following remarks in the 1946 May issue of the Fraternal Monitor: “All too few fraternalists realize the powerful influence for good that is presented in the combined fraternal publications. The great majority of these are issued monthly but there are a few that are printed every week-day. Their circulation is represented by the combined membership of the National Fraternal Congress of America societies that publish these periodicals. That circulation totals more than 4,350,000.”

"There is no stronger force in the world for disseminating the fundamental principles of fraternalism. They promote good will and understanding among many religious faiths, a variety of races and are printed in English and the mother tongue of several who are but a generation removed from their homeland in Central Europe.’’

In 1946 more than 170 societies were represented in the list of fraternal publications. The Verhovay Journal, now in its 30th year, is one of the 170 fraternal periodicals appearing in our land.

PROGRESS IN 1947

Let us hope that similar progress will be made during the current year, further strengthening Verhovay’s position among the fraternal societies of the nation. A start already has been made as shown by the reports available at this time. According to these reports the assets of the Verhovay totaled $8,440,934.55 as of May 31st, 1947, representing a net increase of $378,551.40 for the first five months of the year. It is regrettable that no such favorable report can be made on the promotional activities of the Association.

At the end of May the membership of the Association passed the 56,000 mark, exceeding it by a mere 2! The net increase for the first five months was only 307. Still, a gain of 307 is better than nothing, and much better than a loss.

In view of the uncertainties in the field of Labor a repetition of last year’s achievements was hardly to be expected. All insurance organizations are subject to such fluctuations and the Verhovay is no exception.

Naturally, the merger of the Workingmen’s Sick Benefit Federation with the Verhovay will improve the situation to a great extent. The readers will note that the above figures are taken from the last month before the merger was effected. The reports from June, 1947, will include also the assets and the membership of the former Workingmen’s Sick Benefit Federation.

Considering all the facts and figures pertaining to the progress of the Verhovay we feel justified in our pride in this Association of ours, whose membership, since the merger, already has passed the

60,000 mark while its assets will soon amount to 9 million dollars. With pride in past attainments and with hope in the future we keep working in the assurance that great days lie before the Verhovay, one of the greater societies in the fraternal benefit system of America.

July 9, 1947

DIRECTORY OF DISTRICT MANAGERS AND LOCAL ORGANIZERS

District I:

FRANK J. CHER.

Assistant Manager:

JOSEPH TOMA.

District Office:

205 E. 85th St., Room 204. Phone: REgent 4-2787 New York 28, N. Y.

District II:

VICTOR F. AUSTERLITZ 426 Turner St.

Allentown, Pa.

Phone: 3-0820.

Local Organizer:

JOSEPH CIBOLYA 426 Main St.

Dickson City, Pa.

District III:

LOUIS CINCEL 1408 Mifflin St.

Homestead, Pa.

District IV:

JOHN FULOP 240 Langley Ave.

Pittsburgh 14, Pa.

District V:

JOSEPH NEMES 338 Bessemer Ave. Youngstown, O.

District Office:

W. Federal and Phelps St. City Trust and Savings Bank, Room 501.

Youngstown, O.

Phone; 3-7717.

Office hours:

Monday: 7—9 P.M.

Thursday, Friday, Saturday 10 A.M. to 1 P.M.

District VI:

MICHAEL S1MO 1141 S. Seneca St.

Alliance, O.

District Office:

Verhovay Home,

8637 Buckeye Road Cleveland, O.

Local Organizer:

JOSEPH M. TOTH Office hours:

Daily, 1—5 P.M.

Friday: 7—9 P.M.'

Phone: RA. 8834.

District VII.

NICHOLAS TAKACS 1969 S. Liddesdale Ave. Detroit 25, Mich.

Local Organizer:

STEPHEN LUKACS 3038 So. Liddesdale Ave. Detroit 25, Mich.

District Office:

8005 W. Jefferson Ave.

Room 12.

Office Hours:

Daily: 3—4:30 P.M.,

Saturday: 12—4;30 P.M. and Tuesday, Wednesday, Friday 7—9 P.M.

District VIII:

GEORGE TOTH 1436 Sunnymede Ave.

South Bend, Ind.

Local Organizer:

FRANK WUKOVITS 1430 Longfellow Ave.

South Bend, Ind.

District IX:

ALEXANDER GYULAY 14204 Haynes St.

Van Nuys, Calif.

Anthropologists say that one time in the life of man might be termed the “B” period—Baldness, Bifecals, Bridgework and Bulge.