William Penn Life, 1980 (15. évfolyam, 1-4. szám)
1980-07-01 / 3. szám
Minutes of The Board of Directors Quarterly Meeting Membership Services, Gus G. Nagy and Vice President of Marketing, Stephen Szilagyi. 7) It was moved, seconded and the Board adopted the Agenda with the proviso that any matter properly belonging before this meeting may be added thereto during the course of the meeting. 8) Director Zoltán Emri thanked the National President, National Officers and Board of Directors for the many condolences he and the family received on the passing of his Mother, Mary Emri. 9) National Secretary, Albert J. Stelkovics, read the Minutes of the Executive Committee meetings held on May 29 and May 30, 1980, and a letter from the Hungarian Reformed Federation pertaining to Mr. Charles' visit of March 24, 1 980. It was moved, seconded to accept these Minutes as a basis for further deliberation. 1 0) The Board of Directors commenced reviewing and deliberation of the Executive Committee Minutes page by page. The Board of Directors approved the recommendation of the Executive Committee pertaining to the revision of the Board of Directors and Auditing Committee members, Annuity Plan as outlined in Paragraph 5, Pages 2 and 3 of the Executive Committee Minutes dated May 29, 1980. Director Kohut extended sincere thanks and appreciation on behalf of every board member for this kind consideration. 1 1) The Board of Directors accepted the Executive Committee's recommendation pertaining to the pension plan of Director Sabo as outlined in Paragraph 6, Pages 3 and 4, Minutes of the Executivve Committee dated May 29, 1980. Director Sabo abstained from voting. 1 2) The Board of Directors acknowledged the report of the Executive Committee pertaining to the cost of living increases to participants of the Employees Pension Plan and Directors Annuity Plan outlined in Paragraph 7, Page 4, Executive Committee Minutes dated May 29, 1980. 13) It was moved, seconded and adopted by the Board that the Daily Hospital Benefit for Officers, Employees, Directors and Auditing Committee be increased from $50.00 to $75.00 per day and the coverage be increased from 90 to 1 20 days, to become effective immediately. 14) The Board acknowledged the report of the Executive Committee pertaining to the American Hungarian Catholic Society merger. 15) The Board discussed the progress being made in preparing a new product called Graded 5 Plan. 16) The Board reviewed and accepted Point 1 1, Pages 5 and 6, Executive Committee Minutes dated May 29, 1 980, pertaining to the National Officers meeting with the National Officers of the Hungarian Reformed Federation in Washington, D.C., on May 8, 1 980. 17) The Board of Directors adopted the recommendation of the Executive Committee that Board services of Directors John T. Lesko and Paul Molocko commence from the 1971 William Penn Convention date and their services from that date be construed to be continuous. Directors Lesko and Molocko thanked the Board for its kind consideration. 18) The Executive Committee discussed the matter of a 20 cent per mileage fee. It was moved, seconded and adopted that no change be recommended at this time. 19) Paragraph 17, 18 and 19, Pages 8 and 9, Executive's Committee Meeting dated May 30, 1980, are again referred back to the Executive Committee for further consideration and recommendation. 20) The Board acknowledged Paragraph 20, Page 9, Executive Committee Meeting, May 30, 1 980, pertaining to the progress being made on the On-Line Program by Computer Sciences Corporation. 21) President Charles congratulated the Bowling Tournament Administrators, the Branch 249 Dayton, Ohio Committee and Director Albert G. Kertesz for one of the finest Bowling Tournaments and Scholarship Days ever held. Mr. Charles thanked the Officers who substituted for him during this event. He missed being present. Mr. Varga conducted the Scholarship meeting. Mr. Balia opened the Tournament by throwing the first bowling ball and getting 9 pins. Secretary Stelkovics gave extended greetings at the Bowling Banquet on behalf of the Association. Former Treasurer Julius Somogyi thanked the. Board for extending an invitation to him and his wife to attend this event. 22) Following a full review and discussion, it was moved, seconded and the Board accepted the Minutes and ratified the actions of the Executive Committee. 23) A lengthy discussion ensued regarding the William Penn Association and Hungarian Reformed Federation of America consolidation. After considerable discussion, the Board of Directors, on a roll call vote, unanimously adopted the following resolution: RESOLUTION WHEREAS, the National Officers of both Societies met in Washington, D.C. on May 8, 1980. At this meeting the beneficial values of forming a new Hungarian Benefit Society were discussed in detail, and, WHEREAS, it was definitely established at this meeting that both societies were in excellent financial condition and neither society must look for a merger, however the purposes of affiliation were reaffirmed as they had been presented to the respective Boards of Directors, and, WHEREAS, it was then agreed upon that in order to properly present this proposal to the Hungarian Reformed Federation of America Convention, it would be advisable and imperative for the four William Penn Association National Officers to meet with the Hungarian Reformed Federation of America Board of Directors for the purpose of outlining, in detail, the recommendations for consolidation, of the two Societies, under a revised Charter, new By-laws, and at this meeting the Table of Organization, including National Officers and Directors in the new society should be discussed. This meeting should also give consideration to selecting a new corporate name for the consolidated societies, and, WHEREAS, the William Penn Association was invited to be guests of the Hungarian Reformed Federation of America at their Convention banquet and President Charles was invited to extend greetings on behalf of the William Penn Association and on behalf of the Pennsylvania Fraternal Congress, of which he is President, also to speak about the future 26
