ZajednicÌŒar = Fraternalist. [volume] (Allegheny, Pa.) 1894-current, 1954-04-21

rich the Board unanimously agreed purchase the same
of 8 bidders.
Bella - read a letter from actuary Mr.. Bruce in
which he submitted price for his services diem
basis to replace the present agreement retainer basis
On motion by bro kraslch, seconded by bro Verba-
the actuary per diem basis and eliminate the agree
ment retainer basis effective April l, 1854.
owed to the GU by the firm opskrba of Chicago The
Board unanimously agreed to turn this matter to
Bella - informed the Board that some action should
be taken at this time the matter of bylaw revsons for
submission to the next Convention.
On the motion by bro. Goetta seconded by bro Verba
revisions regular presentation to the su
preme Board in September 1854 Motion approved with
out dissent
Verbanic feels that more municipal bonds should
be purchased the future bond portfolio out of
proportion with too many public utility bonds
krasich - also feels that have too many public
utility bonds in portfolio but interest yield
cipa bonds is too low which is the that
purchase many municipal bonds However we can re-
quest information from advisory firm to give
municipal offerings in the future
Vranes suggests that copies of reports of Executive
Board members and Officials be made available for distr
button to the Supreme Board prior to each session of the
On the motion by bro. Nibolac seconded by bro Vra
mes, the suggestion is approved unanimously.
Skrtc = reads letter he received from Lodge 7S
Upon explanation of the entire by bro Bella the Su
Board upheld the decision of the Executive Board in
On motion by bro Nikolac seconded by bro Borich
the Board approved donation of $4,000 to the American
Niksic : raised the question of whether CFU
blems be obtained for floral wreahs which lodges pur
chase for deceased members The Executive Board del
egated to explore the possibilities in this matter
Bella - reads letter from the Americana -Croatan
Singers Federation wherein they request assistance from
the CFU in the form of donation After discussion in
which several Board members participated, it unan
mousy agreed that donation could be granted to the
Federation at this time.
Bella presents letter from the Koo Federation of
America, who also request donation Since this is
beginning to branch out national scale the Board felt
that assistance should be offered them Bro Bella
mic then moved seconded by bro Mandch that donation
o his nv
majority vote
Bella reads letter and literature from the Tamburtza
Scholarship Fund Inc, of Duquesne University in which
the Committee their gratitude for generosity
IN the past and wish that Slavic boys and girls would
take advantage of the scholarship offerings of the Unver
sty The Board acknowledged and agreed to pubcize
this matter to help Slavic boys and girls obtain scholar
ships at the school with the Tamburitzans
Bella - reads request from clerks at the Home Of
flee who pension that the present pension
geement be revised to provide at least $4,000
month pension retirement Since this would require
many changes Pension Plan and would have be
be made on the pension at this time
Since there is further business transact bro Bo
rich moved and bro Verbanic seconded adjourn this
session. and it is so ordered.
Bro. Mandich extended final greetings behalf the
Home Office and the entire membership in this 6Oth
Anniversary Year and wished each Board Member safe
and pleasant journey to their homes He appealed the
Board Members to do their utmost this years Campaign
and thanked them for their cooperation and good work
this session in behalf of the organization.
Joseph Bella, Rec. Sec'y