William Penn Life, 1974 (9. évfolyam, 1-4. szám)
1974-01-01 / 1. szám
STATEMENT OF CONDITION. SCHOLARSHIP FOUNDATION MEETING WILLIAM PENN FRATERNAL ASSOCIATION SCHOLARSHIP FOUNDATION, INC. DECEMBER 31, 1973 BALANCE AS OF DECEMBER 31, 1972 ...................$39,810.00 INCOME: Donations $23,636.83 Bond Interest..................2,690.00 Savings Account Interest 186.72 26,513.55 TOTAL..........................................$66,323,55 DISBURSEMENTS: 2 Scholarship Grants $250.00 .... $500.00 15 Scolarship Grants $100.00. . .1,500.00 2,000.00 BALANCE AS OF DECEMBER 31, 1973 ...................$64.323.55 ASSETS Bonds..............................................$47.366.20 Savings Account...............................5,824.76 Checking Account...........................11,087.56 Accrued Interest Receivable 45.03 TOTAL ASSETS AS OF DECEMBER 31, 1973 ...................$64,323,55 DONATIONS Mr. Louis L. Varga .............................$100.00 Mr. Robert Harlan 6.00 Mr John Molnár ........................................1.00 Branch 168,Palmerton,Pa 150.00 Mrs.Raymond Sharlow.............................2.00 Branch 18,and Ladies Auxiliary, Detroit, Mich..........................................200.00 Stephen Lestician 100.00 Stephen J. Varga 50.00 Branch 159,Phoenixville,Pa 20.00 Mrs. Albert J. Stelkovics .......................50.00 Rev.Andrew P. Jacobs 100.00 Mrs.Albert G. Kertesz 100.00 Albert G. Kertesz 25.00 Stephen M. Lang 50.00 William C. Kohut 100.00 Mr. and Mrs. James Beganyi .................25.00 Branch 70, Newark, N.J..........................25.00 Branch 189, Alliance, Ohio 100.00 Dr. Samuel C. Gomory..........................100.00 Elmer Charles 100.00 Branch 22, Roebling, N.J......................300.00 Branch 13, Trenton, N.J........................300.00 Frances A. Furedy 25.oo Mrs. Zoltán B. Emri 50.00 Stephen M. Lang 50.oo John P. Balia 50.00 Branch 34, Pittsburgh, Pa.......................50.00 IN MEMORY OF: MRS. MARY BANYACSKY Rose Ann Rapagna...................................5.00 Mr. and Mrs. Louis L.Varga 25.00 Mr. Joseph Toma ...................................20.00 MRS. BARBARA BALLA Mr. and Mrs. Louis L. Varga 25.00 MR. STEPHEN LANG, SR. Mr. and Mrs. Louis L. Varga 25.00 MR. JOHN USKO Branch 226, McKeesport, Pa 15.00 MRS. KRISZTINA KARA Employees Homestead A.& P..................10.00 Amalgamated Food Employees Union 10.00 American Hungarian Social Club...........10.00 Joseph Berei 5.00 DEAR DEPARTED MEMBERS OF BRANCH 15, CHICAGO, ILL. Mrs. Peter Bodnar 10.00 Mrs. Frank Rak 10.00 Mr. Steven Houk 10.00 Mr.Charles Marks 10.00 Mr Steve Ehas 10.00 Mr. Rudolph Loos 10.00 MR. ANDREW R. BALOGH Branch 1, Bridgeport, Conn 100.00 Mr. and Mrs. Julius E. Somogyi 25.00 Branch 13, Trenton,N.J...........................15.00 Mr. and Mrs. Frank J. Radvany 15.00 Mr. and Mrs. A. W. Szur 15.00 Mrs. Helen Nemeth 10.00 Mr. and Mrs. Michael J. Hrabar 15.00 Mr. and Mrs. Zoltán B. Emri 15.00 Branch 16, Perth Amboy, N.J..................10.00 MRS. ANNA BORDÁS Branch 22, Roebling, N.J..........................5.00 DEAR DEPARTED MEMBERS OF BRANCH 13, TRENTON N.J. Mary Bertothy 10 00 Gustav Király 10.00 Frank Molnár, Sr......................................10.00 John Magyar 10.00 John Hegedűs 10.00 Mary Vaszil.............................................10.00 Excerpts of Minutes Special Meeting William Penn Fraternal Association Scholarship Foundation, Inc. Monday, December 17, 1973. 1. Mr. Elmer Charles, President, calls the Special Meeting to order at 4: 15 P.M. and extends fraternal greetings to the Officers and Board members. He states that the purpose of the meeting is that which was contained in the call and any other business which may come before the Board. 2. Secretary calls the roll and the following are present: Elmer Charles, Louis L. Varga, John P. Balia, Albert J. Stelkovics, Julius E. Somogyi, Officers, and the following Directors: Messrs.Joseph Arvay, Frank Bero, Zoltán Emri, Rev. Andrew P. Jacobs, Michael Kara, Albert G. Kertesz, William C. Kohut, Stephen Lang, Jr., Frank J. Radvany, John Sabo, Joseph Toma, John P. Veszprémi, Jr. There is a quorum present. László Kereszti and Emma Beganyi reported they could not be present because of work schedules. 3. Minutes of the December 11, 1973 Officers Meeting were read and approved as read. 4. The following Resolution is adopted: RESOLUTION Resolved that Mr. Gus G. Nagy, Field Manager Central, be appointed Director of the Foundation to fill the unexpired term of the late Andrew R. Balogh. 5. Executive Committee appointment is discussed next and the following is adopted: RESOLUTION Resolved that the following Directors shall constitute the Executive Committee: Messrs. John Sabo, William C. Kohut, GusG. Nagy Be it further Resolved that the Officers by virtue of their respective offices be voting members of the Executive Committee. 6. In connection with Scholarship grants, the following is adopted: Resolved that Scholarship Grants be hmited to twenty (20) each year of $150.00 each. Be it Further Resolved, that Scholarship Grants be given for a four year term provided the student furnishes evidence of enrollment in school and scholastic achievement is maintained. 13
