Verhovayak Lapja, 1953 (36. évfolyam, 1-12. szám)

1953 / Verhovay Journal

FAGE 6

Verhovay Journal

October 21, 1953

Statement for the Month of July, 1953

Life Benefit Disability Combined

Department Department Departments

I. Ledger Assets as of June 30, 1953'

II. Income

Monthly Dues ...................................

Interest on Mortgage Loans ...........

Int. on Mbship. Certif. Loans .......

Interest on Bonds ............................

Interest on Real Estate Loans .......

Home Office Building Income .........

Deposits to Trust Fund ..................

Handling Charges - Cash Surrenders

Handling Charges - Cert. Loans .....

Deposits to Pension Fund ...........

Employees and Officers—

Withholding Tax Deductions __

1953 Bowling Tournament ..............

Reimb. from Juv. Order for Comb.

Expenses ........................................

Employees and Officers -Social Security Deductions ...........

Monthly Dues Ref. - Adj..................

Total Income ..............................

TOTAL ................................

III. Disbursements

Death Benefit Claims ..........„..........

Matured Endowments ......................

Cash Surrenders ...............................

Dividends ...........................................

Home Office Bldg. Disbursements....

Investment Expenses ........................

Loss on Sale or Maturity of Bonds

Bond Amortization Decrease ...........

Actuarial and Auditing Expense ....

Monthly Dues Refunds ...................

Accrued Bond Interest ..................

Sickness and Accident Claims .......

Permanent Disability Claims ...........

Trust Fund Paid Deposits ...............

Premium Refunds ..............................

Commissions .....................................

Medical Examinations ......................

Collection of Dues ...........................

Juv. Order Combined Expenses .....

Inspection of Risks .........................

Office Employees Salaries...............

Salaries—Officers and Trustees ....

Travel and Other Expenses .............

Branch Office Rental ......................

Home Office Rental ..........................

Gen. Office Main. & Mise. Expenses Office Mach. Main. & Other Equip.

Main.................................................

Advertising, Printing, Sta..............

Postage, Teleg., Telephone, Express

Donations ...........................................

American Hungarian Federation ....

Verhovay Fund ..................................

Official Publication ..........................

Other Legal Expense .......................

Furniture and Equipment ..............

Bureau & Assn. Dues & Assessm. Books, Newspapers & Periodicals....

Social Security Federal Tax ...........

States Unemployment Tax .............

1953 Bowling Tournament Expenses..

Verhovay Pension Fund ................'

Collector of Internal Revenue Withholding Tax—May and June ....

Total Disbursements ..................

Balance .......................................

13,216,553.42

650,408.6913,866,962.11

147,602.16

16,819.60

164,421.76

1,653.08--.---1,653.08

85.01--.--85.01

40,223.14--.--40,223.14

13.82--.---13.82

3,737.50—

.--3,737.50

321.83--.---321.83

336.00--.--336.00

4.10--.---4.10

3,011.70—.—

3,011.70

3,277.80

_v_

3,277.80

162.50—.—

162.50

4,986.65

4,986.65

187.65

___

187.65

15.95

15.95

205,618.89

16,819.60

222,438.49

13,422,172.31

667,228.2914,089.400.60

aur

40,312.57--.---40,312.57

1,000.00--.--1,000.00

6,756.54--.--6,756.54

586.41--.--586.41

3,623.07--.--3,623.07

750.00--.--750.00

.08--.--.08

5.34--.--5.34

1,399.66--.--1,399.66

198.34--.--198.34

251.32--.--251.32

12,602.1512,602.15

600.00600.00

965.56--.---965.56.

220.00--.--220.00

7,316.48--.--7,316.48

845.00--.--845.00

7,983.16--.--7,983.16

4,986.65--.---4,986.65

41.95--.---41.95

6,660.73--.--6,660.73

3,333.32--.--3,333.32

729.54--.--729.54

325.07--.--325.07

910.00--.--910.00

56.10—.—

56.10

87.43

____

87.43

895.67--.--895.67

245.03--.---245.03

218.27--.---218.27

83.33--.--83.33

83.33--.---83.33

1,349.43--.--1,349.43

225.00--.--225.00

35.04--.--35.04

75.00--.--75.00

154.75--.--154.75

1,035.91--.---1,035.91

221.31--.--221.31

7.00--.--7.00

2,500.002,500.00

6,577.03—.—

6,577.03

103,050.4213,202.15

116,252.57

13,319,121.89654,026.14

13,973,148.03

JOHN SZALANCZY

JOHN SABO

National Treasurer

National Auditor

LEDGER ASSETS-JULY 31,

Real Estate — Home Office Building

Less Reserve ..........................................................................

Mortgage Loan Account ................................................................

Branch Real Estate Account .......................................................

Loans and Liens .............................................................................

Bond Account ..............................................................................

Stock Account ................................................................................

Cash Account ...................................................................................

Savings Account ...........................................................................

Total Ledger Assets ............................................................

1953

$ 120,516.80

571,527.37 5,111.92 548,929.17 12,476,517.78 34,558.13 175,958.83 40,028.03 $13,973,148.03

JOHN SZALANCZY JOHN SABO

National Treasurer National Auditor

MEM0RANDUM of the American Hungarian Federation

Presented to PRESIDENT DWIGHT I). EISENHOWER On

October 7, 1953

The American Hungarian Federation, a voluntary central representative organization of churches, fraternal and civic associations of Hungarian origin was established for the primary purpose of expressing the genuine convictions and true aspirations of the Americans of Hungarian descent.

The duly elected directors, with constitutionally delegated state ana district leaders of various civic organizations convened in the District of Columbia on the 6th and 7th days of October, 1953 at the Sixteenth Triennial Convention of the Federation, commemorating"

FIRST: The heroic sacrifices of our soldiers in Korea;

SECOND; The Centennial of the Hungarian language press in the United States;

THIRD: The hallowed memories of the martyrs of the 1848—49 Hungarian War of Independence, executed on October 6, 1849;

deem it neceessary to publish the following unanimous

RESOLUTION

WHEREAS, the theme of the Sixteenth Triennial Convention of the American Hungarian Federation is: “Our Share of Responsibilities to Preserve American Freedom”;

WHEREAS: recalling the noble memories of our American pioneer ancestors; Colonel Commandant Michael Kováts of the famous Pulaski Legion; Governor Louis Kossuth who was heralded by Waldo Emerson as the “Angel of Peace” and the multitude of Lincoln’s Hungarian heroes, whose heroic deeds and traditions still inspire the spirit of the million citizens of Hungarian descent;

THEREFORE, we solemnly declare that with firm conviction and with undivided loyalty the Hungarians of the United States identify themselves with every decision of the President of the United States and of our Government which aims to insure the freedom of America, protects the independence of her citizens and guarantees the rights of the individuals.

We believe with the. Great Emancipator, that we cannot live in a world which is half free and half slave, therefore:

1. WE RESPECTFULLY INVITE again the attention of our President and of the Government of the United States to the intolerably inhuman conditions which exist behind the Iron Curtain of Europe, where the captive millions of the victim nations are deprived of every individual and political freedom, — and request that upon the basis of those agreements which we, one-sidedly, continually íespeeted, the Government of the United States demand and order through the respective channels the immediate evacuation of Red Soviet Armies from the victim-countries, like Hungary and her innocent neighbors. Giving assurance to the still captive nations, among them to the people of Hungary, who proved their anti-communist sentiments in two past national elections, that they shall be free to establish the form of government of their own choice.

2. WE ARE CONVINCED that the new and healthy order of the world must be built on justice and mercy and because we believe that the seeds of Worid War II were sown by the unjust and merciless peace treaties, we request the just revision and equitable adjustment of those provisions of the peace treaties which are offensive to most Eastern and Central European peoples and especially to the people of Hungary, paralyzed by the Treaty of Versailles, and made victim of both wars, rather than the cause or the criminal of them. We hope and believe in the possibility of such a just revision because the Soviet has never respected the human provisions of the Peace Treaty agreed upon after World War II., on the contrary, robbed the sovereign people of Hungary of their independence and freedom and autocratically broke or eliminated all human provisions of the Treaty.

3. WE FIRMLY BELIEVE, that the Hungarian nation, from which we derive our ancestry and the genius and aspiration of which is well-known to us, sincerely desires her ancient freedom, independence, peaceful cooperation with her neighbors and equality among the free nations of the world within a true Christian democratic Federation which will be the strongest defense against totalitarian attempts of either side or form. With this belief in our hearts, we beseech the President and the Government of the United States that at the time of Europe’s reorganization, —- which cannot be delayed longer, — and in harmony with our other Allies, the right of Hungary’s independent political and civic life be assured by the United States. At the same rime make it possible for the small nations of the Danubian basin to unite themselves in an economic and political Federation.

4. WE MAINTAIN, as we stated in 1941 and subsequently in every declaration issued by our past Conventions that we, God-fearing, loyal Americans of Hungarian origin during World War II placed our fortune, labor and blood upon the altar of our Adopted Country to assure her victory against the dictatorships endangering tne safety of the free world. And now, that it became evident that the infernal red dictatorship took the place of the beaten fascism and naziism which equally threatens the future of every small and big nation, it is our moral obligation, because of our love for the United States, that we focus our attention to the burning and bleeding wounds of the people of our ancestry. These wounds endanger the health of the only and indivisible freedom of humanity. Mountains, oceans, and fortresses do not guarantee anymore the freedom of any nation on this earth. We must seek the liberation of every captive nation in order that we ourselves might remain free. To this end, the honest labor and real sacrifice of every American Hungarian is ready, in peace and in war. So help us Godi

Washington, D. C , October 7, 1953

AMERICAN HUNGARIAN FEDERATION:

Daniel Szantay Dr. Francis Újlaki Stephen E. Balogh

National President Chairman, Board of Directors Executive Secretary