William Penn Life, 1982 (17. évfolyam, 1-4. szám)

1982-04-01 / 2. szám

Peter Sofko, all from the Indiana University of Bloomington, Indiana. The purpose of their visit was to ex­plain their part in the preparation and publication of a Hungarian Language Textbook. The project would take about two years to complete. The book would then be printed and published by Mr. Puski, a reputable Hungarian book publisher in New York. The cost of printing this text book would be $15,000 and the William Penn Association would receive no less than 1,500 copies of the text book for the support of the program. Following a lengthy discus­sion by the Board, the Board of Directors acknowledged the report of these three professors and ex­tended sincere thanks for their fine presentation. 24) It was moved, seconded and authorized by the Board of Directors that the Executive Committee and Legal Counsel work out a feasible program whereby the William Penn Association will support the prepara­tion and publication of a Hungarian Language Textbook. 25) Mr. Charles next introduced Mr. Emery Szalai, Architect. Mr. Szalai stated he has prepared the necessary drawings and specifica­tions for the erection of cabins for camping at Penn Scenic View. He has several contractors who will be submitting bids for the cost of con­struction of the cabins. The matter of sewage and utilities must still be resolved before construction can begin. The Board of Directors acknowledged Mr. Szalai's report with thanks and appreciation. 26) It was moved, seconded and the Board of Directors accepted the Minutes of the Executive Committee Meeting held on February 19, 1982 in its entirety and ratified the actions of the Executive Committee. 27) Chairman Charles submitted a verbal report on the progress being made with the consolidation of the William Penn Association and the Hungarian Reformed Federation. 28) Chairman Charles extended a lengthy report on the Purchase Agreement of the Association's property known as Block C. Mr. Charles read a letter from the Oxford Development Co. informing the William Penn Association that they are exercising their option as per agreement dated February 1 9, 1 980 and they are prepared to purchase the William Penn property known as Block C for a ■ sum of Minutes . . . $3,250,000.00, plus the interest that has accrued on $2,000,000.00 of the purchase price at the rate of 9% per annum from January 1, 1980 to March 23, 1982. 29) It was moved, seconded and unanimously adopted by the Board of Directors to sell the William Penn property known as Block C to the Oxford Development Co. for the above stated amount. 30) The Board of Directors ex­tended sincere congratulations to Mr. Elmer Charles and the Finance Committee and expressed their sincere thanks and appreciation for consumating the sale of the William Penn property to Oxford Develop­ment Co. This very important project entailed many hours of work and negotiations to bring the project to a successful conclusion. The proceeds of this sale will play a very important part in the growth and development of the William Penn Association in the years to come. 31) Chairman Charles recessed the meeting at 5:00 P.M. until 9:00 A.M. Wednesday, March 17, 1982. 32) Chairman Charles recon­vened the meeting at 9:30 A.M. and same are present. 33) Secretary of the Board, Frank J. Radvany, read the Minutes of Tuesday's meeting and the Board accepted same as corrected. 34) Mr. Charles extended sincere thanks to Auditing Committee member, Louis Fodor for his fine presentation of the video tape re­cording of Hungarian life in the city of Bridgeport, Connecticut during the height of Hungarian immigration to the United States. 35) The Board of Directors reviewed the proposed By-Laws of the Consolidated Society. Final ap­proval will be made following a review by the Hungarian Reformed Federation. 36) The Executive Committee re­quested General Counsel to render an opinion to classify travel allowance for Board Members and Officers who travel on official business of the Association. The question arose because some members have changed their usual place of residence temporarily and are required to travel distances other than to and from their normal place of residence to Pittsburgh for meetings. General Counsel quoted, 'Residence' means a fixed and per­manent abode or dwelling place for the time being as contradistin­guished from a mere temporary locality of existence. It is therefore, my opinion and you are accordingly advised that the above must be read as a whole and that travel expenses can be allowed only from the place of residence. 37) The Board of Directors re­quested that a salary classification schedule be established for the employees of the William Penn Association. It was moved, seconded and the Board of Directors adopted the following salary classification schedule for William Penn Associa­tion employees. SALARY SCHEDULE 1981 1981 Position Minimum Maximum Personal Secretary $20.000$25,000 Accounting Head 20,000 25,000 Underwriting 20,000 25,000 Accounting + 3 yrs. 12,500 17,500 Printing 12,500 17,000 Executive Secretary 15,000 18.000 Underwriting + 3 yrs. 12,500 18,000 Billing 12,500 15,000 P S. Claims (A&H) + 3 yrs.12,500 15,000 P.S. Crediting + 3 yrs.12,500 15,000 Agency Administrator 16,500 20,500 P.S. Loan & C.V. 12,500 17,500 P.S. Crediting + 3 yrs.12,500 15,000 Receptionist 8.000 11,000 P.S. Claims (Death) - 3 yrs.9.600 11,600 Clerical 9.600 11,600 Jr. Underwriter 9,600 11.600 38) It was moved, seconded and adopted by the Board to accept the proposed Budget for 1982 of the William Penn Association as it ap­pears in the Report of the National President dated March 15, 1982. 39) The Board of Directors acknowledged the verbal report of National Secretary-Treasurer, Gus G. Nagy, with thanks and apprecia­tion. 40) The Board of Directors acknowledged receipt of letter of thanks from the following: Vice President, John P. Balia, dur­ing his hopsitalization. Frances Furedy —Home Office Employee during her hospitalization. Ethel Brisbois —during her hospitalization. Frank Radvany —Former National Director. Sara and Ron Abels —Agency Manager. Helen Erdeky—former Home Of­fice Employee. Protected Home Mutual Life In­surance Company. 19

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