Věstník (Temple, Tex.), Vol. 80, No. 23, Ed. 1 Wednesday, June 3, 1992 Page: 4 of 16
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4/VĚSTNÍK—Wednesday, June 3, 1992
CREDENTIAL COMMITTEE APPOINTED - The committee appointments
were:
Darlene Engelke (66)
Jerry Tallas (29)
Pearl Hanka (88)
VÍCE PRESIDENT GEBALA’S OLD BUSINESS MATTERS:
He reviewed and explained his report item by item.
INSURANCE - Report was made that insurance written was down some $2
million and earned prémium down $113,012.93. Explanation and reasons were
given in SFM Gene McBride’s report.
INSURANCE COMMITTEE MEETING - Recommendation was considered
from directors that an SPJST insurance amount requirement again be set to
qualify for an SPJST mortgage loan.
Recommendation was also heard that the possibility of changing our member-
ship rules in the By-Laws to allow an individual to become a member by pur-
chasing an annuity.
In response to the matter of setting a mortgage loan insurance requirement, it
was agreed to inform the By-Law Committee that the Supreme Lodge is in pro-
cess of looking into the legality of again establishing a minimum SPJST insur-
ance requirement to qualify for an SPJST mortgage and checking into the
feasibility of setting a requirement that if a borrower drops his SPJST member-
ship, that the interest rate on his loan be increased by 1/2% to 2%. It was ex-
plained that $25,000 SPJST insurance requirement was previously dropped by
the Board because of a lawsuit against another lender having a similar require-
ment.
On the matter of obtaining SPJST membership by purchasing only an annuity it
was agreed to inform the By-Law Committee that this matter was studied and it
continues to be the opinion of the Supreme Lodge that if a person can qualify
for insurance, that an insurance certificate be required to establish membership.
There was a generál discussion concerning sales, return paid on interest-sensi-
tive products, and difficulty in managing the sales force since they are volun-
tary and elected by the local lodges. He discussed inaccurate adverse
information that was being put out about the organization when in reality we
were doing well.
SALES SEMINÁŘ - Seminars will be scheduled in April and May.
BLOOD TESTING - Facts are being assembled for the July Supreme Lodge
meeting on the issue of blood testing in connection with insurance applications.
Our Actuary John Agee was of the opinion that we should leave the blood test-
ing limit at $25,000.
Recess for lunch was taken at 12:15 p.m. until 1:30 p.m.
SECRETARY-TREASURER MIKESKA’S OLD BUSINESS MATTERS:
He referred to his written report.
LOSS RESERVE ON REÁL ESTATE LOANS/REAL ESTATE OWNED -
Report was made on a reserve of $81,000 set aside for potential loan losses on
5 delinquent loans and a reserve of $22,300 for potential loss on 2 reál estate
properties.
FORECLOSED PROPERTY - The three foreclosed properties on our books
are: (1) REO #179, a residence in Burleson County, Texas listed for sále with
W&W Realtors in Bryan for $72,900; (2) REO #180, a residence in the Jenkins
Heights addition to Fort Worth in Tarrant County, Texas listed with Prudential
Keystone Realty currently under Contract of Sále for $39,000. Book value is
$45,367.80 and loss after payment of sales commission and closing costs is es-
timated at $10,300, more or less, depending on actual closing costs. The sále
for $39,000 was ratified on motion by Financial Secretary Mikuláš, seconded
by Director Kohutek, and carried unanimously; (3) REO #181, a residence in
Tarrant County, Texas listed for sále with Prudential Keystone Realty for
$74,900.
HOME OFFICE, HEATING/AIR-CONDITIONING - Report was made on
study of the heating/air-conditioning systém in the Home Office. The recom-
mendation of the officers was to replace 5 of the oldest units, modification of
one of the units and postponement of installing an energy management systém.
A bid for the project was reviewed and discussed. It was decided on motion by
President Leshikar, seconded by Director Hanuš, to proceed and obtain 2 addi-
tional bids and authorize the officers to decide on the subject. If for some rea-
son it does not appear prudent to accept the low bid for some reason, the
Supreme Lodge officers are to contací the directors by mail for further authori-
zation. Motion carried unanimously.
"WORKSIIOP - Report was made on the recent workshop held in Elgin. Appre-
ciatíon was expressed to Lodge No. 18 Elgin for their assistance and for provid-
tng their facílity for the workshop. It was suggested that in íhe future, that the
Supreme Lodge také time to review the ideas and feedback from the workshop.
FINANCIAL SECRETARY MIKULÁŠ’ OLD BUSINESS MATTERS:
He referred to his report.
VĚSTNÍK - He called attention to the fact that our contract with Hill County
Press for publication and mailing of the Vestnik will expire on December 31,
1992.
INDEPENDENT AUDIT - It was reported that the finál report will be ready
by June 10, 1992 so that the information can be given to the delegates.
DIRECT BILL - Report was made that 92% of our certificates and 84% of our
lodges are on direct bili status and prémium notices are mailed by the Home
Office.
REFUND TO LODGES - The refund to lodges amounted to $163,264.67.
BUDGET/PROJECTED INCOME - The 1992 actual income exceeded the
projected amount and actual expenses were less than the amount budgeted for
the quarter.
LEGAL ADVISOR KACIR’S OLD BUSINESS MATTERS:
LEGAL WORK ON PENDING LOANS - Report was made that legal work
was progressing on refinancing loans but a number of borrowers were com-
plaining about the costs involved in refinancing.
LITIGATION/TAX SUITS/BANKRUPTCIES - Report was made on specific
situations involving tax suits on delinquent taxes in connection with reál estate
loans and bankruptcies.
FORECLOSURES - Report was made on property scheduled for foreclosure
and on specific instance involving a deed back í.o SPJST instead of foreclosure.
MORTGAGE REQUIREMENTS - It was decided that at closing, we con-
tinue to require proof of insurance.
It was decided on straight refinances, our survey requirements should be wh.&t-
ever is required to get the title company to delete Secíion B-2 in the title policy
"except for shortages in area." Some title companies now accept surveys up to
7 years old on refinances if no improvements or changes háve been made to the
property.
SYD JONI LANGE’S REPORT
SYD Joni Lange was invited into the meeting and she presented a report of ac-
tivities and meetings attended. She reported on the Longhorn Recreation Lab
and the Spring DYC meeting.
Two items were presented for consideration, one involving scholarships and the
other that would allow lodges in the same district to pool personnel to make up
a Beseda circle.
A proposal was presented for DYC reimbursement for assisting with the
Mr/Miss SPJST contest at the convention.
BESEDA RULE - Consideration was given to a proposal to allow lodges in the
same district to pool dancers to form a Beseda circle if one lodge did not háve
enough dancers to form a circle. Permission was granted for the change for one
year trial basis on motion by Director Hrncir, seconded by Director Kohutek.
Carried unanimously.
DYC COMPENSATION FOR MR/MISS SPJST CONTEST - In reviewing
the proceedings, no specific authority was found; however, under authority
under Article 33 (c), it was agreed to approve the proposed reimbursement of
$100 for the DYC assisting with the Mr/Miss SPJST competition at the conven-
tion, one night lodging, meals, 1 banquet ticket and mileage provided they are
not a delegáte and their district is represented by a Mr. or Miss SPJST candi-
date. The matter is to be referred to the Finance Committee for future conven-
tions. The motion was by Legal Advisor Kacir, seconded by
Secretary-Treasurer Mikeska, and it carried unanimously.
On motion by Director Hrncir, seconded by Director Hanuš, an additional 1 day
per diem was allowed, for a spring DYC meeting. Motion carried unanimously.
EDITOR RUDY SEFCIK
Editor Sefcik and Maxine Sefcik arrived at 1:30 p.m. to visit the meeting. It
was learned they had spent a considerable amount of time waiting in the lobby
and regrets were expressed to them.
Editor Sefcik stated that more histories and lodge reports were needed for the
convention issue and the directors were encouraged to publicize this in each
district and the histories need to be in by mid-May.
He discussed a semi-monthly Vestnik and discussed the cost of a whiter páper
which would cost 1 1/2 times the current cost. He reported that during 1991,
seven issues required the running of 20 pages instead of the usual 16 pages. It
was his opinion that a twice monthly Vestnik would require about 32 pages
each.
He commeníed on moving the editor’s office to Temple and the fact that the
current printing contract will be put up for bids and it is not known where the
Vestnik will be printed in future years.
DIRECTORS’ OLD BUSINESS MATTERS:
DIRECTOR VAVRA - He commented that saies seminars were not as well at-
tended as they should be.
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Sefcik, R. J. Věstník (Temple, Tex.), Vol. 80, No. 23, Ed. 1 Wednesday, June 3, 1992, newspaper, June 3, 1992; Temple, Texas. (https://texashistory.unt.edu/ark:/67531/metapth631831/m1/4/: accessed July 16, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting Slovanska Podporujici Jednota Statu Texas.