Verhovayak Lapja, 1951 (34. évfolyam, 1-12. szám)
1951 / Verhovay Journal
PAGE 4 Verhov ay Verhovay Journal Journal of the Verhovay Fraternal Insurance Ass’n. OFFICE OF PUBLICATION 7907 West Jefferson Ave. Detroit 17, Mich. PUBLISHED MONTHLY BY THE Verhovay Fraternal Insurance Association Managing Editor: JOHN BENCZE Editor: JOHN SABO Editor’s Office: 436—442 FOURTH AVENUE PITTSBURGH 19, PA. Telephone: COurt 1-3154 or 1-3455 All articles and changes of address should be sent to the VERHOVAY FRATERNAL INSURANCE ASSOCIATION 436—442 FOURTH AVENUE PITTSBURGH 19, PA. SUBSCRIPTION RATES: United States and Canada __________....---------- $1.00 a year Foreign Countries ___________________________ $1.50 a year Entered as Second Class Matter at the Post Office at Detroit, Michigan under the Act of March 3, 1879. OFFICIAL COMMENT RIGHTS- RESPONSIBILITIES AND SEVENTY-FIVE THOUSAND DOLLARS In these days when one hears so much from so few about j the rights of members being violated we should keep in mind that with our rights there are also responsibilities. As our public servant, the administration (the national officers and the directors) is duty-bound to see to it that the responsibilities are fulfilled. When a man accepts the position of branch manager it is his responsibility to produce a certain amount of new business as well as to provide proper service to the members of his branch. When he falls short of this goal or if he is unable to carry out his duties we members are the losers, because the Association belongs to all of us and any loss through failure to carry out one’s responsibilities is a definite loss to all of us. To protect the interests of all members the administration should have the right to remove and replace those who cannot fulfill their responsibilities. During the year 1950 a total of $75,000.00 was paid out in the form of collection fees to our men in the field. Isn’t it only fair that for this kind of money the administration should' have the right to protect our interests? IT’S A FACT Slowly but certainly the Association continues to move forward. -Although the last year of operations showed a decrease in membership of 313, still our insurance in force increased approximately $371,000.00. The yardstick for measuring the field operations of an insurance organization is the amount of insurance in force. Our Association closed the year 1950 with a grand total of insurance in force of $45,559,836.00. The increase in our insurance in force is. due chiefly to the new field program which we are now ■following. Twenty full-time district managers and assistant district managers produced slightly more than half of all new business written in 1950. Can there be any more conclusive evidence, that this Association must continue its present program of more and more well-trained insurance men and women in the field in order to annually attain the desired quota of new business0 YOUR WATCHDOG How many members know that each state has a department of insurance whose duty it is to supervise all insurance companies and all fraternal benefit societies? The first state to create an insurance department was Massachusetts in 1852. Government regulation brought with it advantages for the public. A standard of solvency was established to protect the rights of the policyholders and the compulsory non-forfeiture laws (those which provide for options such as cash surrender, paid-up insurance, extended term insurance) were introduced. Today the insurance department of each state has many duties of which a few are the cheoking and approving of policy forms, application blanks and all other forms to be used in that state. It also checks the annual statements which show in detail the operations of an insurance organization or society doing business in that state. Periodically it thoroughly examines at the Home Office the business of each' company and society doing business in that state. Also it investigates any dispute between 1 Journal March 21, 1951 The Eighth Annual Verhovay National Ten-Pin Tournament ’ MAY 5-6, 1951 LAKEVIEW RECREATION 3239 NORTH CLARK STREET — CHICAGO. ILLINOIS Tournament Headquarters: HOTEL SHERMAN, Randolph & Clark St., Chicago, Hlinois. Tournament Administration: Verhovay Fraternal Insurance Association. MR. JOHN SABO, Nat’l Auditor, Verhovay Building. 436 Fourth Ave., Pittsburgh 19, Pa. NATIONAL EXECUTIVE TOURNAMENT COMMITTEE AVALANCHED BY NEARLY 100 TOURNAMENT APPLICATIONS A record breaking number of 92 applications for participation in the Eighth Annual National Ten Pin Bowling Tournament avalanched the National Executive Tournament Committee. There will be a total of 66 men’s teams and a total of 25 women’s teams vieing for the top honors. The tournament will be held in Chicago, Illinois, on May 5 and 6. Not only will it be the biggest of all Verhovay Tournaments, but it also will be different from all previous ones. The great difference is that it will be an ALL HANDICAP Tournament and in that it will be the first of its kind in the history of Verhovay bowling. VVe are confident that by adopting this change, the tournament administration has taken a step that will further increase the popularity of Verhovay’s annual sports event. The Lakeview Recreation, 3239 North Clark Street, in Chicago, will be the site of the big tournament. Headquarters for the Tournament will be the Hotel Sherman, Randolph and Clark Street in downtown Chicago. The bowlers and theiP guests will make reservations at this hotel. SOUTH BEND PLACES RECORD NUMBER OF TEAMS Branch 132, South Bend, Indiana, has made it known that they intend to take the lion’s share of the prizes this year because they entered a total of 25 teams in the tournament. This has never yet happened before and it certainly is a credit to the leaders of Branch 132 that they have been so successful in instilling their members with the fine fraternalism and sportsmanship that is evident from such a large number of entries. Of course, the many other teams representing a good number of branches certainly will do their best to come out ahead of the South Bend Entries. At any rate, all this promises very fine and keen howling competition, and we are certain, that everyone, including the spectators, will see some of the best bowling in the country. BRANCHES REPRESENTED BY ENTRIES The following branches have placed one or more teams in the Tournament: Br. 13, Trenton, N. J. 14. Cleveland, O. 17. Lorain, O. 20. Fairport Harbor, O. 21. Youngstown, O. 37. Chicago, 111. 39- Beaver Falls, Pa. 40. Martins Ferry, O. 88. Yatesboro, Pa. 96. Chicago, 111. 108. Youngstown, O. 129. Columbus, O. 130. East Chicago, Ind. 132. South Bend, Ind. 138. Gary, Ind. 164. Chicago, 111. 189. Alliance, O. 296. Springdale, Pa. 336. Harrisburg, Pa. 342. Chicago, 111. 366. Cleveland, O. 369. Alliance, O. 417. Trenton. N. J. 475. Milwaukee, Wise. 500. Detroit, Mich. 503. Chicago, I1L 514. Youngstown, O. HOTEL RESERVATIONS Each team will be furnished with hotel reservation ’forms — which by the time this appears in print should have reached all teams — and a rate list showing the following rates: Single rooms: $4.95, $5.45, $6.45, $6.95 up to $8.45. Double bedrooms for. two persons: $7.45, $7.95, up to $11.45. Twin bedded rooms: from $9.45 to $12.95. 2 rooms with connecting hath between: for 2 persons 9.90. and $10.90. For 3 persons $12.40 and $13.40. For four persons: $14.90 and $15.90. In the larger rooms, such as those of 2 rooms with connecting bath between, four persons may be quartered at rates from $14.90 to $15.90. It often happened in the past that five persons, — one team — wanted to be quartered together. This will be possible in the larger rooms indicated above in which an extra cot may be inserted at a charge of $2.00 per night. The reservation forms must be completed by each team and must be mailed directly to Hotel Sherman. Chicago, 111. The hotel will acknowledge each reservation made. It is suggested that the reservation forms be completed and returned immediately so that the best possible accomodations may be secured. THE NATIONAL EXECUTIVE TOURNAMENT COMMITTEE WISHES TO ANNOUNCE THAT IT WILL NOT BE RESPONSIBLE FOR ANY RESERVATIONS. Each team must make its own reservations directly with the hotel. This also applies to any non-bowlers who wish to accompany the teams to Chicago. The registration desk will be set up in the beautiful Emerald Room on the Mezzanine floor. After checkin^in at the hotel and being assigned quarters the team captain must immediately register with the Tournament (Continued on page 5) an insurance organization and the policyholder. If any policyholder has cause for complaint the insurance department will investigate in behalf of the policyholder. Truly the insurance department serves to protect you. It is the watchdog that assures you protection in the form of supervision of the organizations from whom you secure insurance protection and membership.
