ZajednicÌŒar = Fraternalist. [volume] (Allegheny, Pa.) 1894-current, 1958-06-18

Facing The Future VIII
By MARTIN KRAsICH Supreme Treasure
the organization of a Croatan fraterna society was
first motvated by young newspaperman, zdravko v
Muzna. VI.
His likeness in bronze today displayed in the soc
etys Home Office; revered the father Of the
s name to the National croaan Society and hen in
the changed to it's present FORM namely the Gro
attain Fraternal Union of America
The first convention held September 2, 1894,
when there 600 members and the total assets a.
mounted to $4252 The first president Ivan Ltubic
who was the founder of present Benwood, West
IN 64 years the Society from soo to to- HS SS
members It's assets increased from $4252 to
Is it necessary to point out that Society, from it's
first days. built firm foundation, and that it's ex
stence is assured long as there will be need FOR ira
From small planted in 1894 BY our pioneers
there mighty oak which has spSaa it's canss
and as far as Alaska.
From Humble Beginning To Natl Greatness
The beginning very difficult, but the leaders at
the head able devoted and great Croatan VINO
worked unsefshly in the interests of the little man. who
here for the most part from the village with very
limited education and abilities for organizing his own
The early records of dues paid clearly show that very
low rates charged at first just to get as many OF our
4 doing the hardest and most dangerous work.
In the begnnng every member pal Paid 60 cents per
of which the lodge paid sick and disability benefits to
it's members The remaining 10 cents went into the soces
0 The member was insured for $500, but in of
death assessment was levied all the membership
to permit the payment of the death benefit.
Z From convention to convention, the Society grew
changes made until the death benefit increased
In 1900, the death benefit was raised $780, and in
1902 $780, with the result that still have considerable
number of older members who hold $500 certificates
American Table of Mortality Adopted In 1922
In 1913 the Society took another stride forward when
the convention decided that member become insured
for 5000, S40o, $500 or 81 900.
In 1926, it decided that member may be insured
Today an applicant has choice of life insurance in
amounts from $500 $4,000 and various types Of cef
During it's first Is years. the Society did not operate
the legal basis From convention to convention
various changes adopted for better and safer operation
But it was not until 1922 that rates a scientific
s basis sSep when the Ann f {; Experience Ia
True all then existing members were rerated at the age
attained in 1925 Many older members objected to this
rating because hencefoh they required to dues
not at their age when they Joined the Society but at their
age in 1925 However that necessary in order to put
n the Society on MODERN safe basis
Society Has Returned Millions In Dividends
With the institution of this modern method of doing
business namely the adoption of actuarial tables of rates
it possible to make payment Of annual dividends to the
membership.
In earlier years. that was done through assessment
waivers whereas at the present time it is achieved on
In this way the Society has already paid back to
its members in excess of 6 million dollars
Why the Croatian Fraternal Union pays higher dvi-
dend to it's membership than many other raternal
izatons and insurance companies will be explained fully
if you interested in the of discussions.
Today, the Croatian Fraterna Union operates the
newest and most modern table of rates. known the Com
missoners Standard Ordinary which for convenience
abbreviate to CSC. sf
Since all of certificates based on the CSC table,
will at the suitable time, also explain this table in detail
All Certificates Now On Endowment Plan
AS stated started with $500 insurance with pre-
Tho
ferent plans Of life insurance certificates and three cer
Gates for sick and disability benefits
All of our life insurance certificates the Endow-
ment plan follows:
L. Endowment at age IS years.
2.-2O Payment Life Endowment at age IS years.
s. Endowment at age IS years.
40 Year Endowment.
5.-Famly Life Plan.
6.-Educational Endowment at age 18.
1.-THE Term Certificate.