ZajednicÌŒar = Fraternalist. [volume] (Allegheny, Pa.) 1894-current, 1959-04-01

great interest in and necessity the continuation of
help solve still remains unsolved that the Install
ment OF socalled Fieldmen' in the Croatan Fraterna
hep OF these classes, would discover younger
oers IN the various communities who would show sufficient
Willingness and aptitude for Fiedmen be hired
porary permanent basis In this we did not succeed
The time has come to resolve the question of whether
or not to employ Fedmen in the Croaan Fraternal Union
From experience of other frateral organizations especially
the nationality groups which have abandoned the vol
untay work plan by the members in favor of Fieden
would suggest that in extreme caution be
erclsed before making final decision.
For that reason I recommend that the Supreme
Board authorize the Executive Board to appoint spe
cial committee of at least three members de-
tailed and thorough study of this moot question: and
possible to submit definite plan to the Convention
If it is left to the convention itself discuss ques
ton and finally refer to the Supreme Board
csion as in the past then will still be at the point
In connection with this, recommend that new Pro-
motion Department be installed in the Home Office now
connection with our membership campaigns pubczng
new certificates urging insurance in great amounts
possible conserving the present and membership in
the ranks of the Society," conducting lectures
etc. in word the advertising of everything that the Gro
attain Fratena Union has and give to it's membership
The Department of Sports and Education
Ever since the year 1943 when at the sixth conven-
ton the foundaostone set for the new department
for the promotion of sports and education the Croatan
Fraternal Union, every member contributes two cents
monthly for the maintenance of this department
Since the department did not full operation
til several years after World War H. considerable of
close to 40 thousand dollars accumulated in the sports and
education fund
In each of the past ten years the disbursements
from the fund have exceeded the receipts by several
past year. reported by the Supreme Secretary there
is balance in that fund of only $12423.67.
Until 1943 we had Relief Education Fund from which
payments made the is done today from the
NatonaRelef Fund and in addition expenditures were
made for educational purposes Croatan schools were
helped scholarships granted etc. Even at that time was
held necessary to transfer from the then existing Relief
Educational Fund into the newly established Sports Educa
onal Fund certain amount for educational purposes But
that not done.
By of the fact that the convention the
sum of $12518OO spent out of the Educational Fund
the National Relief Fund the Sports and Educational
Fund of the above
contribute annually to the Scholarship Fund be given
for this year out of the NationaRelef Fund.
Assets of the Croatian Fraternal Union
At the end of last December, the Society's several
checking accounts showed total balance of
ter million dollars Certificate loans by members totaed
close to million dollars while stocks and other securities
of the Society totaled over twenty-five million dollars.
The interest rate investments in bonds improved
considerably in the past year While three four years
we purchased rstclass bonds which yielded scarcely
trial rstcass bonds and in state obligations which
carry 40 interest and
During the past year, we exchanged three per cent
Canadian obligations for new, ong-term bonds which
will yield 41a% interest per toalng eight
hundred thousand dollars close to onehalf of the
total of all bonds which have deposited with the Re-
ceiver General at Ottawa, Canada
Our income from interest investments amounted to
close to $40 thousand dollars the interest continues
thus satisfactory for the years. we will be receiving
close to million dollars in interest investments alone
every year.
Tenth Convention of the Croatian Fraterna Union
AS mentioned at the beginning of this report the So
cietys tenth convention will be held during the
and will convene Monday September 21 in the Stater Ho
tel, Detroit, Michigan
At the past several conventions and diff
cutes encountered regarding payment of travelling
expenses to the members of the convention is
the delegates and officers to the convention city from
(Supreme Presidents Recommendations r. 10Y