Banner Graphic, Volume 12, Number 95, Greencastle, Putnam County, 30 December 1981 — Page 11

People in the news

Broadway next for Donny Osmond . When he was 5, he made his television debut on “The Au<k,W > iJ[iams Show.” And at age 17, with his sister, Marie, he became the youngest host in television history to headline a weekly one-hour comedy variety series. Today, at the age of 24, with 19 years of show business behind him, Donny Osmond is embarking on what he says is his most exciting challenge yet the Broadway theater. He will play the title role in George M. Cohan’s 1904 musical “Little Johnny Jones,” which is to open in mid-February. “They say once you experience live theater, there’s nothing like it,” he commented Tuesday, taking a few minutes away from rehearsing the "Yankee Doodle Dandy" number at the Minskoff Rehearsal Studios on Broadway. “Everything else builds up to it.” The role, which is based on the adventures of Tod Sloan, a famous American jockey, is one that he said he has “always” wanted to play. “It fits me perfectly with all of the dancing and singing.” But when he was first offered it more than a year and a half ago, he couldn’t do it. “I just had too many commitments,” he said. Osmond has also been thinking about making a movie. But while he is on Broadway, there is one thing that he will not be worried about, he said critics and their reputation for being mean. “I don’t think critics are really mean,” he said hopefully. "I respect them a lot. They’ve seen everything and they know what’s good and what isn’t. I hope they will give me some constructive advice and I hope they like the play. I said I hope they like the play.” • NEW YORK (AP) The film company that released “Secrets,” a movie starring Jacqueline Bissett, is suing a magazine it alleges illegally used photographs from the film of sex scenes involving the actress. The SIOO,OOO suit against High Society Magazine was filed Tuesday in U.S. District Court in New York by Lone Star Pictures International of Hollywood. The suit charged the magazine with infringing on Lone Star’s rights by publishing photographs from the movie without authorization from the film company. The pictures were published in the magazine’s December 1978 edition. Miss Bisset was not a party to the suit. • NEW YORK (AP) Gregory and Maurice Hines will swing together again on Broadway this Sunday in the musical “Sophisticated Ladies,” a collection of Duke Ellington songs. The two performed together for 26 years before going their separate ways in 1973. “Working together all those years put a real strain on our relationship as brothers,” Gregory Hines said. “We get along much better as men now, and doing a number together is real special. It’s so rare for us that it feels like nothing else. There’s a sense of magic, and it’s very emotional.” The two men will be performing together before Gregory Hines leaves for Los Angeles after his last performance Sunday as the star of Broadway’s “Sophisticated Ladies” a role Maurice Hines is taking over. Maurice will join Gregory for the show’s finale, “It Don’t Mean a Thing If It Ain’t Got That Swing.” • A comic book collector out there could be sitting on a sleeper. The comic book tells the story of Napoleon’s kidnapping of Pope Pius VII in 1809, and somebody wants a copy pretty badly. “I’d pay SIO,OOO for that comic book if I had the money,” said Edward Sheehan, who just may be getting the cash to back up his offer. He is the author of “Kingdoms,” a new play about the kidnapping, and while it’s too soon to tell if it will be a hit, Sheehan, at least, is convinced that the story is “a thrilling drama” that should keep him in comic books for years to come. The play, which opens in Wilmington, Del., and is due in New York tells the story Sheehan first read in a comic book as a Massachusetts schoolboy and later encountered in hardcover when his friend, Sir Alec Guinness, suggested it would make a marvelous play. Sheehan, a one-time foreign correspondent who won an Overseas Press Club award in 1973, didn’t need much prompting to put aside reporting for more creative literary efforts. “I’ve been a writer all my life,” said the classically educated playwright, who has two well-received novels to his credit and thinks he’s figured out the secret of Broadway success. Television-conditioned audiences, he said, won’t sit still for a three-hour play, so “Kingdoms” has been cut down to comic book proportions and lasts only about two hours.

No taps for Timothy

Young Hutton's career not for ordinary people

By 808 THOMAS Associated Press Writer HOLLYWOOD (AP) During the past four months, actor Timothy Hutton has enjoyed an unaccustomed period of inactivity. He used the time to contemplate the events of the past 12 months. His conclusion? “I decided it was a great year,” says Hutton with a broad smile. Look what has happened: He co-starred in a movie with George C. Scott, made a television movie “A Long Way Home” (broadcast last Sunday on ABC), won the supporting actor Oscar for “Ordinary People,” visited England for the first time (his sister lives there), marked his 21st birthday (Aug. 16). Such heady happenings don’t seem to have altered Hutton’s even-tempered attitude toward Hollywood and the realities of an acting career. Perhaps that is because he saw first-hand the joys and sorrows of the movie life as they happened to his father, the late Jim Hutton. After his four months of time off his first real vacation since becoming an actor at 17 Tim Hutton was facing the rigors of a publicity blast for his new film, “Taps.” “Taps” is a remarkable followup to Hutton’s role in “Ordinary People”; rarely does an actor, especially one so

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DONNY OSMOND: Big challenge

ST. LOUIS (AP) Newlyweds Curtis and Lisa Sliwa say they’re ready to move in among the rats and cockroaches, if the St. Louis Housing Authority will make an apartment in the Vaughn Housing Project available to them. “We can’t get the time of day from the housing authority,” said Sliwa, founder of the Guardian Angels, a group of youths who go on anti-crime patrols in a number of cities. The Sliwas say the Vaughn project is the most crime-ridden in the nation and say they’ll live there six months to try to help clean it up. “We were under the impression that an apartment would be ready when we arrived,” Sliwa said Tuesday. “We don’t want the ‘Jane Byrne’ deluxe treatment,” he said, referring to the Chicago mayor’s brief stay in a crime-ridden housing project. “Just break down the door and turn on the water.” Housing authority spokesman Alfonso Jackson it would take 10 days to prepare an apartment for the couple. The Sliwas’ arrival in St. Louis was delayed by a day because Sliwa suffered a foot injury Sunday when his wife kicked him during a martial arts exhibition in New Jersey. • MERIDA, Mexico (AP) Fernando Valenzuela, the rookie pitching sensation of the Los Angeles Dodgers, was married Tuesday night to Linda Burgos, a 21-year-old elementary school teacher. The bride, who is from Merida, wore a white embroidered gown of French organdy with a hat trailing a three-yard-long veil. A Dodger’s spokesman said the gown, purchased in Los Angeles, cost Valenzuela $4,000. Valenzuela, also 21, wore a black tuxedo with a spray of orange blossoms on the left lapel. He told reporters it was the “happiest day of my life.” • KENNEWICK, Wash. (AP) When Janelle Cain got home from the doctor’s, she noticed the movers had “packed up the kitchen and storage room” and everything in the house “was taped and tagged.” Denstination: Pocatello, Idaho. The only problem was, the Cains didn’t know they were moving. “I was laughing so hard I was crying when I was telling them (the movers) what had happened, and they seemed really glad I was taking it so well,” she said after the error was discovered. The Cains live at 2615 W. Bth Ave. Their dear, departing friends, Sandra and Paul Perry, live a block away at 2615 W. Bth Place. The movers thought they had the right place because a boat and utility trailer were out front. A letter addressed to Mrs. Perry was in the mailbox even mail carriers have trouble with the addresses. The movers realized something was amiss, however, when they decided to load up everything in the basement and discovered there was none. “When I came back, there was a moving van in front of the house. I thought it was a joke,” Mrs. Cain said Monday. Paul Basom, head of Bekins Moving & Storage Co. in Pasco, said the mixup “was an honest mistake.” • THIS WEEK’S BIRTHDAY PEOPLE: Actress Mary Tyler Moore was 44 Tuesday, while actor Jon Voight hit 43. Wednesday’s birthday boys are actor Jack Lord, 51, and Bert Parks, 67. On Thursday it’s No. 38 for singer John Denver and No. 32 for disco’s Donna Summer. Arizona Sen. Barry Goldwater, 73, and author J.D. Salinger, 63, celebrate on Friday, while Saturday marks 62 years for sci-fi author Isaac Asimov.

young, find two such strong parts in succession. In the new film he plays Brian Moreland, cadet commander at a military school, who falls under the spell of a charismatic headmaster (Scott), a retired Army general clinging to the glories of bygone wars. When the 141-year-old school is ordered closed to make way for condominiums, Hutton leads the cadets in a well-armed rebellion against the authorities. Hutton arrived four weeks early at Valley Forge Military Academy in Pennsylvania, which doubles for Bunker Hill Academy in the film. He rose at 5:45 a.m. with the school’s students, ate in the mess hall, marched in the parades. He queried the cadets: “What were your years as a plebe like? How would you feel if the school were shut down? Etc.” The actor recalled his first encounter with George C. Scott: “I met him at a wardrobe fitting and he asked me, ‘Do you play chess?’ I said yes, and he said, ‘Meet me at the hotel.’ We played 10 games of chess and I lost every one.” Aside from its dramatic impact, “Taps” carries a strong message about the roles of heroes and militarism in today’s world. Hutton sees another kind of message: “I think the film asks the question of whom are we giving the responsibity to teach our children. We should be more careful about those we choose to be surrogate parents.”

Excu-u-u-se him

Steve Martin sans wild and crazy look in new film

By 808 THOMAS Associated Press Writer HOLLYWOOD (AP) Martin admits about his new film, “that causes many people to leave the theater bewildered, then form their opinions three days later.” The film is MGM’s “Pennies from Heaven,” and it is definitely not a remake of the sunny 1936 musical starring Bing Crosby and Madge Evans. The Martin movie is based on the English TV miniseries about a sheet-music salesman in the 1930 s whose unhappy life runs counterpoint to the joyful songs of the period. Audiences and critics alike have responded at one extreme or the other. While no performer enjoys knocks, Martin observes: “I’d rather have vicious reviews than bland reviews. I think the push and pull of the negative and the positive is healthy. It gets people talking, and it’s better to have people talking about your movie than not mentioning it at all.” No more the wild and funny guy of his earlier career, Steve Martin is branching out. In “Pennies from Heaven,” he sings, he dances, he cries, he plays the heel, he faces the gallows. And he enjoyed every minute. “It would have been easy to do ‘The Jerk II,’” he says, citing his hit comedy of two years ago. “That was a silly, funny movie, and I’m glad I did it. But ‘Pennies’ is different, it’s unique. Whether it’s successful or not, it frees me to do anything I want.” The vehicle first came to his attention when a friend called and told him to tune in “Pennies from Heaven” on public TV: “She was so emphatic that I had to look at it. I was totally taken aback, totally enchanted.” Months later, his agent called about a script called “Pennies from Heaven.” Dennis Potter had condensed his eight-hour TV show to a two-hour movie. Martin’s reaction to the script: “I was flabbergasted. I

Questions & Answers ABOUT Individual Retirement Accounts

WHAT IS AN INDIVIDUAL RETIREMENT ACCOUNT (IRA)? It is a specially designed savings account to encourage individual contributions toward one's retirement. You pay no taxes on contributions to an IRA or on the interest earned by your IRA until you retire. HOW DOES THIS HELP ME? Because your taxes are deferred, you can accumulate many more dollars much more rapidly than with currently taxed dollars. For example, if you are in a 25% Federal income tax bracket and contribute *2,000 to an IRA, you immediately save *SOO in taxes, and that *SOO constitutes usable or investable funds for you. Your net savings accumulation with an IRA can easily be 50% to over 200% higher than would be the case with taxed dollars, depending on your tax bracket and the length of time you have an IRA. WHO MAY HAVE AN IRA? Until January 1, 1982, only those employed individuals not already covered by a pension plan may have an IRA. However, beginning January 1, any employed person not yet 70’/2 years old, whether or not covered by a company retirement plan, may have an IRA. If both a husband and wife are employed, each may have an IRA. HOW MUCH CAN BE INVESTED IN AN IRA? You may invest all earned income up to a maximum of *2,000 per year in an IRA. A nonworking spouse also may contribute *250 to an IRA, making it possible for a husband and wife, one of whom is not employed, to deposit *2,250 each year in tax deferred accounts. Note: only earned income may be used. Of course, you do not need to deposit the maximum permitted. You may deposit what you want when you want. You may make several small deposits several times a year or just one or two large deposits. You can skip a year if you wish. WHAT WILL MY ACCOUNT EARN? Your IRA at Greencastle Federal will be indexed to the one-year Treasury Bill rate, the rate to be adjusted quarterly to reflect current market conditions. An IRA opened today would begin earning at a rate somewhat in excess of 12%.

GREENCASTLE FEDERAL SAVINGS AND LOAN ONE NORTH LOCUST, GREENCASTLE, IN 46135 PHONE 653-9793

December 30,1981, The Putnam County Banner-Graphic

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was so ecstatic that I wanted to do it under any circumstances.” MGM provided the circumstances: director, Herbert Ross; producers, Ross and wife Nora Kaye; co-stars Bernadette Peters, Chrisopher Walken, Jessica Harper; costumes, Bob Mackie; choreography, Danny Daniels. “I s tarted dancing four or five months before the picture started,” Martin says. “First I learned to tap with Danny. Each time he showed me a new routine, I said, ‘We’ll never get this.’ But each time we did, and we went on to the next challenge.” The singing was easy, since he lip-syncs to authentic phonograph records of the Depression era. Dancing was hard but also rewarding: “It gives you a certain elation, it cleanses the body.”

WHEN ARE BENEFITS PAID? Benefit payments must start no earlier than age 59'/2 nor later than 70'/2. They also may be paid in the event of permanent disability or, upon death, to a named beneficiary. You may elect to take your payment in one lump sum or in installments. MAY WITHDRAWALS BE MADE PRIOR TO RETIREMENT? You may make premature withdrawals, but there is a substantial penalty for so doing. The tax benefits are granted by the government in order to encourage saving for retirement. If that "contract" is broken, you must include the amount received as ordinary income in the year of receipt, and you also must pay a penalty tax equal to 10% of the amount received. WHEN MUST THE DEFERRED TAXES BE PAID? Retirement benefits are taxed as ordinary income when you receive them at retirement. Most individuals are in lower tax brackets a* retirement, and, also, the double exemption for persons over 65 years of age can work to your advantage. I CAN AN EXISTING RETIREMENT PLAN BE TRANSFERRED TO AN IRA? Yes, and this can be done free of any current Federal income taxes if the transfer is effected within sixty days. If you move from one city to another, you may "roll over" (transfer) your IRA to another financial institution. Or, if you have vested benefits from a previous employer's plan, these, too, may be "rolled over" without any penalty or current tax obligation. IS IT COMPLICATED TO OPEN AN IRA? No, it is not. The Association has several officers who will be pleased to sit down with you and discuss your personal situation. Opening an IRA takes only a little more time than opening an ordinary savings account. IS MY INVESTMENT IN AN IRA SAFE? Yes, it certainly is. The Federal Savings and Loan Insurance Corporation, an agency of the Federal government, insures your IRA savings up to *IOO,OOO over and above other insured savings accounts at the Association.

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STEVE MARTIN: Gets serious

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