William Penn Life, 1973 (8. évfolyam, 1-4. szám)

1973-04-01 / 2. szám

Minutes of the Board of Directors Quarterly Meeting

BOARD OF DIRECTORS OF THE WILLIAM PENN ASSOCIATION HELD ON MARCH 19-21, 1973. IN THE BOARD ROOM OF THE HOME OFFICE IN PITTSBURGH, PENNSYLVANIA.

1. National President Elmer Charles opened the meeting at 10:00 A. M. He welcomed the Board of Directors, Auditing Committee Members, General Counsel, Medical Director, National Officers and Mr. Robert E. Bruce, Actuary. He was sincerely delighted and pleased to be able to greet everyone this morning. Our hearts are filled with gratitude because the Chairman of the Board, about whom we were so concerned at our last meeting, is with us in good health.

Mr. Charles expressed sincere thanks for our prayers, cards and telephone calls while he was confined with his illness. He is still weak, but feels strong enough to conduct the affairs of the Association full time. We are about to review the results of the previous year wthich, in turn, will help us to bring forth programs for the future. He further stated the Executive Committee and National Officers will bring forth recommendations for the future. In spite of certain drawbacks in 1972, it was a good and satisfactory year. We should be thankful to God and everyone in the Association for the success the Association enjoyed in 1972. Mr. Charles announced that Mr. Robert E. Bruce, Actuary, was with us and will remain with us until our business is completed.

Mr. Charles reminded us of March 15, which is truly a National holiday for all Hungarians, and thanked the Lord for the true freedom we so graciously enjoy in this country. Our traditional heritage is being nurtured and carried on by our Fraternal Organizations and Churches. Slowly we note that it is getting more and more of a problem to carry on this spirit, but to the last day we should commit ourselves to March 15 and do our part for freedom.

We should be grateful that the conflict which has been dividing our country is at an official end. The War in Vietnam is over and a prayer is in order to see our boys coming home and our prisoners of war returning home. Since our Association is a great part of the economical future of this country, we must carry on with peace and progress for our country.

Mr. Charles announced the following persons enjoyed birthday anniversaries since our last meeting and extended kind greetings to: Director Joseph Toma, Director Michael Hegedűs, Director Zoltán B. Emri, Auditing Committee Members Michael Kara, Michael J. Hrabar and National Treasurer Julius E. Somogyi.

He further announced the following persons were hospitalized since the last meeting: National President Elmer Charles; Vice President John P. Balia, Director William C. Kohut and Medical Director Samuel C. Gomory, M. D.

President Charles announced the death of the following members:

Mrs. Joseph Jurko, former Treasurer of Branch 56, Detroit, Michigan.

Stephen Mrazik, Branch 296, former Secretary of Branch 95, Kent, Pa.

Joseph Kopencey, Branch 19, President of former St. Imre Society.

Joseph Marczis, Branch 18, Detroit, Michigan, formerly a member of the National Auditing Committee and Officer of Branch 36. Detroit, Michigan.

Mr. Charles extended a kind invitation to the Board of Directors, National Auditing Committee, National Officers and their wives to attend a dinner by Branch 296, Springdale, Pennsylvania, this evening for the purpose of dedicating the William Penn Room at the United Church of Christ, Springdale, Pa.

Mr. Charles was happy to see the Auditing Committee meeting at the same time as the Board of Directors. He wished them success in their meeting. He wished them a pleasant week in Pittsburgh. Once again he welcomed all present, stating the annual reports and statements are prepared for the Board’s consideration.

2. Chairman John P. Balia greeted and welcomed everyone to the Spring Board Meeting and was happy to see everyone present and in good health.. Mr. Balia took this opportunity to thank each and everyone for their kindness, cards and prayers extended to him during his illness, and he is happy to be present at this meeting. During his convalescence he could not help but remember all the members who have helped to build the Association to what it is today. He thanked the Auditing Committee for being present at these opening exercises. He informed the Board we have a full agenda and with everyone’s fullest cooperation we can accomplish the work which is before us. Mr. Balia called the meeting to order.

3. Auditing Committee Member, Helen Nemeth, speaking in behalf of the Auditing Committee, extended greetings and stated they were pleased to be present for this meeting and thanked the Chairman of the Board for permitting their presence for the opening exercises.

4. Medical Director, Dr. Samuel C. Gomory, extended his greetings to the Board of Directors and Auditing Committee Members and National Officers. He submitted his report for 1972. The Board accepted the report of the Medical Director with sincere appreciation and ordered same to be placed in file.

5. The Board of Directors, Auditing Committee and National Officers pledged allegiance to the flag of the United States of America. Reverend Director Andrew P. Jacobs offered the invocation. The Auditing Committee then left the meeting room to continue with their semi-annual examination.

6. Secretary of the Board Frank J. Radvany calls the roll and the following are present: Elmer Charles, National President; Louis L. Varga and John P. Balia, Vice Presidents. Directors, Frank Bero, Zoltán B. Emri, Michael Hegedűs, Rev. Andrew P. Jacobs, Albert G. Kertész, William C. Kohut, Stephen Lang, Jr., Frank J. Radvany, John Sabo, Joseph Toma, John Veszprémi, Jr., Frank J. Wukovits, Sr., Albert J. Stelkovics, National Secretary; Julius E. Somogyi, National Treasurer; Gay B. Banes, General Counsel; and Dr. Samuel C. Gomory, Medical Director.

7. The Agenda is presented to the Board and same is adopted with the proviso that any matter properly belonging before the meeting may be added thereto during the course of the meeting.

8. National President Elmer Charles introduced the Actuary, Mr. Robert E. Bruce, to submit his Report on the operation of the William Penn Association for the year 1972. Mr. Bruce thanked the Board for affording him the opportunity to address the Board and to present his findings. He extended best wishes from his entire staff to the William Penn. Mr. Bruce commenced to read his report on our operation. The report was discussed in detail, Mr. Bruce answered all of the questions posed by the Board and Officers. The Board then approved the Actuary’s Report.

9. The Board reviews the proposed Budget for 1973 and after full deliberation of same. Moved, seconded, and the Board unanimously adopts the 1973 Budget.

10. Moved, seconded, and the Board adopted that the program of the Housing for the Elderly be held in abeyance until the Federal programs which have supported this type of construction has been re-examined by the Federal Government and their position clearly defined to the Association.

11. National President Elmer Charles announced that Colonel Gus G. Nagy, Field Manager (Central), has been promoted to Brigadier General in the United States Army Reserve. He extended best wishes and congratulations on behalf of the Association to Gus G. Nagy on the honor which has been bestowed upon him. The Association is proud to see one of its employees receive such a distinctive honor.

12. Director Michael Hegedűs, Secretary of the Executive Committee, read the Minutes of the Executive Committee meeting held on January 10 and 11, 1973, in New Brunswick, New Jersey. The Board discussed the contents of these Minutes. Moved, seconded, and the Board adopted the Minutes as corrected and

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