36th General Convention - William Penn Life

The Minutes
78. Employees in the National V.P./Secretary’s
Department / Introduced. National V.P./Secretary
Richard W. Toth introduced all of the employees in the
National V.P./Secretary’s Department and requested them
to come forward before all the delegates assembled.
79. Employees in the National V.P./Treasurer’s
Department / Introduced. National V.P./Treasurer Diane
M. Torma introduced all of the employees in the National
V.P./Treasurer’s Department and requested them to come
forward before all the delegates assembled.
80. Employees Receive a Standing Ovation. The
Convention delegates acknowledged all the employees
before them with a standing ovation with sincere thanks
and appreciation.
81. President Charles reviews Convention Book.
President George S. Charles, Jr., reviewed the convention
booklet that each delegate received outlining the events of
the convention such as Agenda, Actuarial Report, Report
of the National Officers and Board of Directors and
proposed By-Laws.
82. Robert A. Ivancso / Auditing Committee Report /
Submitted. Robert A. Ivancso submitted the Report of the
Auditing Committee.
83. Auditing Committee Report / Acknowledged.
MOVED BY RONALD S. BALLA, SECONDED BY
BARBARA A. HOUSE AND THE 36TH GENERAL
CONVENTION ACKNOWLEDGED THE REPORT OF
THE AUDITING COMMITTEE.
84. Convention Delegates Ratify Actions of Officers
and Directors from 2003 – 2007 / Resolution Adopted.
Director Nickolas M. Kotik presented the following
Resolution.
BE IT RESOLVED THAT THE DELEGATES OF THE
36TH GENERAL CONVENTION APPROVE AND
ACCEPT THE REPORT OF THE NATIONAL OFFICERS
AND BOARD OF DIRECTORS AND RATIFY THE
ACTIONS OF THE NATIONAL OFFICERS AND
BOARD OF DIRECTORS FOR THE YEARS 2003
THROUGH 2007.
MOVED BY MARGARET H. BOSO, SECONDED BY
JAMES W. ROBERTSON AND THE 36TH GENERAL
CONVENTION ADOPTED THE RESOLUTION.
85. Convention Work Resolution / Adopted.
MOVED BY ROGER G. NAGY, SECONDED BY
BARBARA A. HOUSE AND THE 36TH GENERAL
CONVENTION ADOPTED THE FOLLOWING RESO-
LUTION:
THE 36TH GENERAL CONVENTION IN REGULAR
SESSION RESOLVES THAT THE CHAIRMAN OF THE
CONVENTION, TWO VICE CHAIRMEN OF THE
CONVENTION, SECRETARY OF THE CONVENTION,
NATIONAL PRESIDENT, NATIONAL VICE PRESI-
DENT / SECRETARY AND NATIONAL VICE PRESI-
DENT / TREASURER EACH RECEIVE $2,200.00 FOR
THEIR WORK AT THE CONVENTION.
86. Investments and Properties Resolution / Adopted.
MOVED BY LISA S. TOTH-MASKARINEC, SEC-
ONDED BY MARGARET H. BOSO AND THE 36TH
GENERAL CONVENTION ADOPTED THE FOLLOW-
ING RESOLUTION:
WHEREAS, THE BOARD OF DIRECTORS OF THE
WILLIAM PENN ASSOCIATION IS CHARGED UN-
DER THE ASSOCIATION’S BY-LAWS WITH THE
ULTIMATE DUTY TO MANAGE THE
ASSOCIATION’S INVESTMENTS AND PROPERTY,
AND
WHEREAS, THE ASSOCIATION’S ASSETS MUST
BE AVAILABLE TO SERVE MANY PURPOSES, IN-
CLUDING WITHOUT LIMITATION:
• THE PAYMENT OF BENEFITS TO THE HOLD-
ERS OF BENEFIT CERTIFICATES;
• SUPPORT AND SPONSORSHIP OF ACTIVITIES
TO PROMOTE HUNGARIAN CULTURE;
• FRATERNAL ACTIVITIES TO ENHANCE THE
INTEREST OF CURRENT MEMBERS IN THE ASSO-
CIATION AND TO ATTRACT NEW MEMBERS; AND
• CHARITABLE AND BENEVOLENT ACTIVITIES;
THEREFORE BE IT RESOLVED BY THE 36TH
GENERAL CONVENTION OF THE WILLIAM PENN
ASSOCIATION THAT THE ASSOCIATION’S BOARD
OF DIRECTORS IS DIRECTED TO CONTINUOUSLY
REVIEW THE ASSOCIATION’S INVESTMENTS AND
PROPERTIES, AND
BE IT FURTHER RESOLVED THAT THE
ASSOCIATION’S BOARD OF DIRECTORS ARE
AUTHORIZED TO TAKE WHATEVER ACTIONS MAY
BE NECESSARY TO DISPOSE OF NON-PRODUCTIVE
ASSETS, AS THE ASSOCIATION’S BEST INTERESTS
MAY REQUIRE.
87. Fraternal, Charitable and Benevolent Resolution /
Adopted.
MOVED BY CATHARINE E. RYAN, SECONDED BY
MICHAEL J. OBERG AND THE 36TH GENERAL
CONVENTION ADOPTED THE FOLLOWING RESO-
LUTION:
WHEREAS, THE FRATERNAL AND CHARITABLE
ACTIVITIES OF THE WILLIAM PENN ASSOCIATION
ARE OF CRUCIAL IMPORTANCE TO KEEPING
CURRENT MEMBERS INVOLVED IN THE
ASSOCIATION’S AFFAIRS AND
WHEREAS, SAID FRATERNAL AND CHARITABLE
ACTIVITIES ARE ABSOLUTELY ESSENTIAL IF THE
William Penn Life, Special Convention Edition, December 2007 19