William Penn Life, 1974 (9. évfolyam, 1-4. szám)

1974-07-01 / 3. szám

formed the Board that recently the Ohio Merger Commission handed down a deci­sion which was favorable to American Life and the William Penn Association. The matter is now in further litigation in the State of Connecticut. The Board also reviewed the 1973 financial statement of the American Life. The Board fully discussed the American Fund matter and authorized the Home Office Staff to proceed with the continued legal action with the least possible delay to procure the assets of the American Fund. 24. General Counsel Gay B. Banes also submitted a report to the Board with reference to our downtown property known as Block “C”. He stated that he has filed an appeal with the City of Pitts­burgh to reduce the assessment on this property. The appeal is now pending. 25. National Secretary Albert J. Stelko­­vics read the various correspondence per­taining to the possible merging of Branch 90, Allentown, Pa. into Branch 98 for the lack of any branch activity whatever in that area. The Board fully discussed this matter. The Board authorized Field Assis­tant to the President Gus G. Nagy to make a personal visit to Branch 90 and discuss the possibility of increasing Branch activi­ty and putting on a part-time Special Agent as Branch Manager. Mr. Nagy will submit his report to the Board of Direcotrs at the September meeting. 26. National President Elmer Charles informed the Board that word was received during the night that Gasper Papp, Jr., a member of the Association, son of Former Chairman of the Auditing Committee, Gasper Papp, died suddenly. He was the brother-in-law of Director Stephen Danko. President Charles ex­pressed sincere condolences on behalf of the National Officers, Board of Directors and members to the Papp family. President Charles informed the Board that he received word this morning from Ira Ratner, General Agent of Bridgeport, Conn, that they became the proud parents of a baby boy. President Charles offered congratulations on behalf of the Associa­tion. 27. Moved, seconded, and the Board approved the Minutes of the Executive Committee Meeting held June 6, 7 & 8, 1974, and ratified the actions taken by the Executive Committee. 28. Moved, seconded, and the Board adopted the following resolution pertain­ing to the Employee’s Pension By-Lays. RESOLUTION WHEREAS, the Board of Directors at its meeting in March amended the Emplo­yee’s Pension By-Laws to make the nor­mal retirement age 62 instead of 65, and WHEREAS, it has now been determined from the 1973 year end valuation that the age 62 retirement age has increased the unfunded reserves substantially and WHEREAS, retirement benefits at age 62 will be less than at age 65, and WHEREAS, under new Federal Law retirement at 62 can not be mandatory, NOW, THEREFORE, BE AND IT IS HERE BY RESOLVED by the Board of Directors that Employee’s Pension By- Laws be amended to make normal retire­ment age 65. 29. The Board acknowledged receipt of letter of thanks from Miss Julia R. Orosz, the Hungarian Studies Foundation and Junior Achievement of Southwest Pennsylvania for our recent donations. National Secretary Albert J. Stelkovics acknowledged receipt of “Memo to the Hungarian Patriots” by Joseph Ausländer. This valuable donation was made by Mr. Alex Komonci, member of Branch 48. It will be placed in the William Penn Asso­ciation Library. The Board also acknowledges receipt of letter of thanks from Rev. Bertalan Negyessi of California. 30. The Board acknowledged receipt of request from the William Penn Scholarship Foundation annual meeting that the Wil­liam Penn Association Board of Directors consider a method of adding ,05c per month, per member to the membership dues for the benefit of the Scholarship Foundation. This would not be mandatory, but strictly a voluntary thing on the part of the member to pay the additional 60c per year. Moved, seconded, and the Board agreed to assign this matter for further consideration to the Executive Committee. 31. Moved, seconded, and the Board unanimously approved that the Willaim Penn Association donate $500.00 to the Calvin Synod Youth Camp Program, and $1,000.00 to the Bethlen Home, Ligonier, Pa. to support their new building program. 32. The Board discussed the request of the Lorantffy Care Center, Inc. of Akron, Ohio for a donation for their care center new building program, so that a room at the Center can be dedicated to the Wil­liam Penn Association. Moved, seconded, and the Board unan­imously agreed to donate $1,000.00 each to the Lorantffy Care Center, Akron, Ohio and Bethlen Home, Ligonier, Pa. 33. President Charles announced that the National Officers of the William Penn Association have been invited to attend the ceremony and reception of Cardinal Joseph Mindszenty at the St. Paul Cathe­dral in Pittsburgh, Pennsylvania on Wednesday, June 26, 1974. He has desig­nated National Secretary Albert J. Stelko­vics to extend greetings to the Cardinal on behalf of the William Penn Association. 34. Director Frank J. Radvany informed the Board of Directors that the former District Office in Trenton, New Jersey has been sold, and is presently in the final stages of closing process. 35. The Board next discusses prelimin-THE INSURANCE SALESMAN . . isn’t it true at one time you refused to buy a $50,000 policy from that man sitting over there in the jury?” ary arrangements for the General Con­vention of 1975. There are bids from the William Penn Hotel and Pittsburgh Hilton Hotel to hold the Convention in their facilities. After thoroughly reviewing the offers, it is moved, seconded, and the Board unanimously selected the Willaim Penn Hotel, Grant Street, Pittsburgh, Pa. as the site of the 1975 General Conven­tion. It is further resolved that Staff make all necessary arrangements with the Hotel Management. 36. The Board is pleased to hear some of the various proposals the Executive Committee is contemplating for promoting various youth programs in the future. The Executive Committee is requested to make concrete recommendations to the Board as soon as soon as plans have been finalized so that this important phase of our fraternal activities be enlarged upon. 37. Moved, seconded, and the Board authorized the Executive Committee to review the present By-Laws of the Asso­ciation and take into consideration any changes which may be necessary, and report same to the Board of Directors at its next meeting. 38. President Charles, in his closing remarks, wished everyone best of health. He is confident that our deliberations have been fruitful. He hoped that future meet­ings will bring forth new ideas which will enable the Association to grow. He ex­pressed his sincere thanks and apprecia­tion once again for the many get will wishes he received during his illness. He extended best wishes for a safe journey to our homes and hopes to see us all in September. 39. Chairman Balia also thanked the Board Members and National Officers for the fine cooperation offered at this meet­ing. He felt the meeting was most suc­cessful and extended to all the members a pleasant vacation and safe journey to their homes. 40. Chairman of the Board Balia ad­journed the meeting at 12:00 P.M. Wednesday June 19, 1974. Respectfully submitted, Frank J. Radvany, Secretary of the Board — John P. Balia, Chairman of the Board — Albert J. Stelkovics, National Secretary. 15

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