William Penn Life, 1975 (10. évfolyam, 2-4. szám)

1975-10-01 / 4. szám

Report Of The National Auditing Committee

The members of the duly elected auditing committee met at the Home Office, August 25th to August 29, 1975.

The following members were present:

László Kereszti, Chairman Emma L. Beganyi, Secretary Helen Nemeth Michael Hrabar Michael Kara Louis A. Fodor

The members of the committee were welcomed by President Elmer Charles, and invited to the opening session of the Board of Directors quarterly meeting. Chairman László Kereszti extended the greetings and good wishes of the committee.

Our audit covered the period from January 1, 1975 to June 30, 1975. Committee members certify that the following were examined and certified: disbursements were carefully examined; all cancelled checks were verified to the vouchers and computer ledger sheets. Bank deposits were all verified. Certification was received from Mellon Bank, substantiating the balances in the general, medical, disability, pension and payroll accounts.

The premium income accounts were all examined, as were all bond and stock accounts. They were all verified to the vouchers.

Committee members went to the vault at Mellon Bank to check all new bond purchases for the last six month period. As we have stated in previous reports we again wish to commend the Investment Committee on their sound investments.

The mortgage portfolio was examined, new loans were granted. The minutes of the Board and Executive Committee was read. The Presidents report and the actuary report was reviewed.

The semi-annual financial statement was checked and is made part of this report.

At the close of our audit, the committee met with National President, Elmer Charles; National Secretary, Albert J. Stelkovics and National Treasurer, Julius E. Somogyi. Chairman László Kereszti, thanked the officers for their kind consideration during their audit, and thanked Home Office Employees for their cooperation. The committee is always well received by the officers and employees.

Our examination was made in accordance with general accepted auditing standards and included such tests of accounting records and other auditing procedures as we considered necessary.

Respectfully submitted,

László Kereszti, chairman

Emma L. Beganyi, Secretary

LEDGER ASSETS - JUNE, 1975

Bonds ........................ $30,4 95,562.47

Stocks ........................ .. 1,304,395.41

Mortgages ............... ..1,169,968.47

Real Estate ............... ..1,316,155.57

Policy Loans

and Liens ......................

851,998.68

Cash and

Bank Deposits ..................... 59,124.34

All Others ......................

374,995.97

Total Ledger Assets ........................ $35,572,200.91

Less: Liabilities.........

-39,279.53

Net Ledger Assets— June,1975 ............... $35,532,921.38

Detroit William Penn Sports Club News

The Annual Summer Festival of this active and fraternal-minded little club was held in the wooded-glen atmosphere, home of Louis and Julia Csordás, in Plymouth, Michigan. Club president John Vespremi’s 7-piece band, the “Naturelles” again donated their services all day; for the price of being a part of this group, and for the fine meals which are always served.

The main event this year was a Pizza Treat, made and served by # 2 son of the secretary. Louis L. Lucas, Jr. has written a book called “HOME MADE PIZZA MAGIC” and he demonstrated his prowess so efficiently that the more than 50 people present were served, and well fed, in less than an hour. This book can be purchased from any sports club member, and mail orders will be filled promptly. The cook book will sell for $2.00 and is the next club project for fund-raising purposes.

The Hungarian Luau (szalona-sutes) went surprisingly well this year — practise makes perfect, I guess! June Gross gave us her version of Middle East Dancing (after only 5 lessons yet!); our girl-singer, Julia Csordás, rendered her version of “Tiny Bubbles,” the club’s theme song for the summer festivals. The mini-raffles had some nice surprises, especially the 50 pounds of flour donated by Zolié Balog, won by Kathy Takacs.

George and Betty Toth came all the way from Algonac, about 80 miles down the pike, with invitation in hand to hold next summer’s festival at their home. From 100-year old wooded forests to Michigan’s finest little “Great Lake,” St. Clair, and boating — something for everyone. Thanks to Mine Hosts, the Csordás’, for another great memory of summer.

It was a long, lazy, relaxing, full-of-fun day, with card games under the trees, visiting with friends, dancing entertainment, lots of food and long cool drinks, plus a business meeting squeezed in there some place. The business meetings of the sports club are always efficient, interesting and extremely informative, also

Convention Banquet Pictures

1. Candace Charles Rusnak, President Charles, Charlene Rusnak.

2. Allegheny County Commission Chairman Leonard C. Staisey.

3. Mr. and Mrs. Charles Akai, Mr. and Mrs. Frank Balogh, Mr. and Mrs. Frank Kobli, Frank Wukovits, Sr., Frank Wukovits, Jr., Kenneth Wentland, Paul Varga, Alex J. Horvath, Joseph Horvath.

4. Andrew Szladics family.

5. Mary and Calvin Karnya, Gus and Elizabeth Nagy, Roger and Donna Nagy, Gail Nagy.

6. Mr. and Mrs. Julius Telegdy, Mr. and Mrs. Eugene Fintor, Mr. and Mrs. James Beganyi, Charmaine Telegdy, Director Stephen Danko, Paul Domeny.

7. Director and Mrs. Albert Kertesz, Annamarie Kertesz, John Motko, John Bunchy, Mr. and Mrs. David George.

8. Rev. Fr. Paul Bolvary, Rev. and Mrs. Imre Kovács, Paul Szentmiklossy.

9. Buzz and Helen Werling, Bud Allen, Marie Tady, Mary Allen, John P. Balia, Sheriff John Peck.

10. Dancing the CSÁRDÁS.

11. Andrew Fohl, Mr. and Mrs. John Radzyminski, County Commissioner Foerester.

12. Mr. and Mrs. Elmer Toth, Mr. and Mrs. John Toth, Gus Nagy Family.

13. Mr. and Mrs. Julius E. Somogyi, Mr. and Mrs. Louis A. Fodor, Mr. and Mrs. David Rolewicz, Margaret Somogyi, Helen Stipkovits, Buddy Gallagher and Joseph Barath.

14. Calvin and Mary Karnya, John and Emma Balia, John and Ronnie Balia, Frank Ruskay, Louis Varga.

15. Mr. and Mrs. Albert J. Stelkovics, Mr. and Mrs. Stephen J. Varga, Mr. and Mrs. William J. Vasas, James Ballew, Walter Stelkovis.

16. Director and Mrs. John Sabo, Mr. and Mrs. R.E. Bruce, Mr. and Mrs. Albert Joczik, Louis Siebert, Edward Rietski, Violet Lenart, Alex Goydan.

a great deal of fun. Every member participates in the lively discussions and planning according to strict parliamentary laws.

Welcome new members Andrew and Julia Konkoly. The Konkolys’ were charter members from back in the 50’s and 60 s and we welcome their return to the fastest and best fraternal group hereabouts.

Look forward to annual elections and the Christmas Party in December. Anyone who wishes to run for office is encouraged to leave his/her name with the Nominating Committee.

The Ferret Jolán Lucas

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