Syracuse-Wawasee Journal, Volume 50, Number 36, Syracuse, Kosciusko County, 11 July 1957 — Page 5

DUST 8 SON DECORATORS INSURED Painting — Paper Hanging Rural Route 3 Syracuse, Ind. Phone 610-M The Woodwork Shop Featuring Custom Built Planter Coffee Tables. We Excel in Refinishing Antiques. We Repair or Build Anything Made of Wood. Let us Spray Paint Your Lawn Furniture. Automotive Enamel Used on all Exterior Furniture. Satisfaction Guaranteed PAUL A. LEVERNIER Phone 633-L, 157 and 204

REPORT OF CONDITION of • ) - State Bank of Syracuse of Syracuse in the State of Indiana at the close of business on June 6, 1957. ASSETS Cash, balances with other banks, including reserve oo( _ oftA<l balances, and cash items in process of collection 385,480.4., United States Government obligations, dirept and guaranteed — 1,561, Toy. io Obligations of States and political subdivisions 5 Other bonds, notes and debentures 50,9b4.uu Corporate stocks (including $ none stock of Federal Reserve Bank) —— Loans and discounts (including $ none overdrafts) .— 1,017,8b9.01 Bank premises owned $6,737.14, furniture and fixtures $8,055.65 : 14,792.79 (Bank premises owned are subject to $ none liens not assumed by bank) Real estate owned other than bank premises .— none Investments and other assets indirectly representing bank premises or other real estate ~ —— none Customers’ liability to this bank on acceptance outstanding —— Other assets T —• — 9,843.71 TOTAL ASSETS 3,424,967.66 LIABILITIES Demand deposits of individuals, partnerships, and corporations — - 1,195.054.72 Time deposits of individuals, partnerships, and corporations —l, Deposits of United States Government (including postal savings) Deposits of States and political subdivisions — 343,502.63 Deposits of banks ' Other deposits (certified and officers’ checks, etc.) — 64,025.64 TOTAL DEPOSITS $3,175,628.95 Bills payable, rediscounts, and other liabilities for borrowed money —— -———— none Mortgages or other liens, $ none on bank premises and $ none on other real estate none Acceptances executed by or for account of this bank and outstanding Other liabilities 13,168.19 TOTAL LIABILITIES 3,188,797.14 CAPITAL ACCOUNTS Capital* ■ 35,000.00 Surplus - 70,000.00 Undivided profits 106,170.52 Reserves (and retirement account for preferred capital) 25,000.00 TOTAL CAPITAL ACCOUNTS 236,170.52 TOTAL LIABILITIES AND CAPITAL ACCOUNTS 3,424,967.66 •Includes proceeds of $ none of debentures sold to the Reconstruction Finance Corporation, $ none of debentures sold to local interests which debentures are subordinated to the rights of creditors and depositors, and. 350 shares of common stock, par SIOO.OO per share. MEMORANDA Assets pledged or assigned to secure liabilities and for other purposes 255,000.00 (a) Included in Loans and Discounts are LOANS TO AFFILIATED COMPANIES none (b) Included in Other Bonds, Notes, Debentures and Corporate Stocks are OBLIGATIONS OF AFFILIATED COMPANIES none (c) First lien trust funds —— 23,585.01 (a) Loans as shown above are after deduction of reserves of—— 9,358.49 (b) Securities as shown above are after deduction of reserves of- 25,000.00 I, Noble Cashier, of the above-named bank, do solemnly SWEAR? that the above statement is true, and that it fully and correctly represents the true state of the several matters herein contained and set forth, to the best of my knowledge and belief. Correct—Attest: Noble C. Blocker Donald Vanderveer Kenneth W. Harkless, Jap Jones Chas. H. Purdum, Jr. Directors. State of Indiana, County of Kosciusko, ss: Sworn to and subscribed before me this 29th day of June, 1957, and I hereby certify that I am not an officer or director of this bank. R. Leon Connolly, Notary Public My commission expires November 1, 1960.

Webster Marshall Busy With Traffic Problems Recent arrests made by North Webster town marshall Leo (Dick) Miller include the following: Francis Secor of Leesburg, charged with disregarding a stop sign and driving to left of center, fined $4 and costs, totalling $18.75; Harold Avalos, Milford, driving without a license, fined $5 and costs; and Rex Hostetler, Warsaw, charged with speeding, fined $2 and costs. The cases were tried in the North Webster Justice of the Peace court. Marshall Miller also issued warnings to Lloyd Lyons of Goshen and Kathryn Schultz of Muncie for improper parking: Dale Davis, Columbia City, and Robei t Barley, Leesburg, for driving with an inadequate silencer; Edgar Schmidt, Muncie, and William Wallace, Syracuse, driving without license on person; and Dorothy Baker, Muncie, passing improperly. Phone News Trema Tu Syracuse 1»1

State Withholding Tax In Effect Since! July

State withholding tax, Indiana’s new experiment in taxation, began Monday 1 July. Payroll withholding, plus the 50 per cent boost in individual taxes 1 July, is expected to yield more than $45 million every month. Employers of four or more work ers . including part-time help, must deduct the tax and Junior League Baseball Tuesday 2 July State Bank 010 003—4 runs,3 hits. Lions 106 020—9 runs, 7 hits. Kramer walked 1, struck out 4. Thornburg walked 4, struck out 12. Friday 5 July Rotary 040 020 —6 runs, 4 hits. Pilcher’s 000 000—0 runs, 3 hits. Buhrt walked 1, struck out 11. ■Dr uck am ill er walked 3, struck out 17. League Standings: W L lions 2 0 Bank 2 1 Rotary 1 2 Pilcher’s 0 2 The Lion-Pilcher game that was postponed because of rain will be played Monday 15 July. Pony League Baseball Wednesday 3 July Sox 102 000 o—3 rusn, 2 hits. Cubs 000 030 I—4 runs, 4 hits. Folger walked 15, struck out 9. Line walked 9, struck out 8. League Standingse: W L Cubs 2 1 Yanks 11 Sox 1 2 MINOR LEAGUE BASEBALL Games were started last week. We’re buying caps for these boys at a cost of $48.00. As the result of collections at games last Tuesday and Friday, we have $29.47. Seventh Grade Honors Teacher On Birthday Mrs. Mary Alice Witsaman’s seventh grade English class surprised her with a birthday party at the city park Monday 1 July. After lunch the gifts were presented to Mrs. Witsaman and the party continued with swimming and games. Those attending the party were Marilyn Martin, Jackie Jessup, Renee Crow, Jill Thornburg, Judy Myers, Dianne Ellis, Dee Anna Disher, Natheta Crow, Michele Miller; And John Lantz, Richard Bitner, Phillip Kinder, Steve Yoder, Tom McClintic, Roger Fleischauer and Donald Scarbeary. Charles Witsaman, Nancy Fawley, Mrs. Phillip Fawley and Mrs. Deckard also were guests at the party. Married At Anderson Miss Madonna May Smith of Dayton, Ohio, and Nelson Eugene Hughes of Osgood, Indiana, were married 30 June in Anderson, Indiana. Rev. Weber performed the double-ring ceremony at the Belmont Bible Church. The bride wore a lovely gown of chantilly lace and tulle. Her fingertip veil was held by a scalloped crown of pink shell roses and white seed pearls. She carried pink roses and lily-of-the-valley on a white Bible. Formerly of Syracuse, Mrs. Hughes is the sister of Mrs. Richard Grindle. The couple will reside on R. R. 2, Osgood. Clpb Notes WAWAKEECHIE HOME DEMONSTRATION CLUB Members of the Wawakeechie Home Demonstration Club met recently at the Well south of North Webster for their regular meeting. Mrs. Fred Banta, president, conducted the meeting. The song of the month was “Oh Tell Me Why. and Mrs. Ray Denzel gave a report on Health and Safety. The lesson on Out Door Cookery was given by the leaders, Mrs. Fred Banta, Mrs. Elmer Schorff, and Mrs. Eugene Hattersley. The ‘food prepared was later served to the group. Meeting was closed by repeating the club collect. Work, live, and buy in Syra-cuse-Wawasee!

send it to the state quarterly. Deadlines are 30 April, 31 July, 31 October and 31 January. Employers must give their workers annual statements of taxes withheld by 31 January or at the time they quit work. For the worker, this tax will be another deduction from his paycheck but will eliminate the need to pay his state tax in a lump sum 31 January. For the employer, withholding adds expense and extra hours of bookkeeping and the filing of quarterly returns with the state. The state expects this withholding will cut the number of tax dodgers by more than 100,000 and bring in $4,000,000 to $11,000,000 extra each year. This will help pay for the record S9BB million state budget for the next two years.

OAKES Accounting Service Office Now Located Wawasee Village, Ind. South of Syracuse on Road 13 (ACROSS from WAWASEE SPORTSMAN CENTER) Need Money? See Us! ALL TRANSACTIONS CONFIDENTIAL SERVICE FINANCE I CO. OPEN All DAY THURSDAYS 10416 East Main St. Syracuse, Ind. Bob Page, Mgr. Phone: 143 FOR YOUR DINING PLEASURE: Have Breakfast At Howard’s; Open At 7:00 BUFFET LUNCHEON 11:00 a.m. to 2:00 p.m. (Starting Friday July 5 th) (Fri. and Sat. only) —; • SMORGASBORD EACH FRIDAY NITE 5:00 to 8:00 Dining Room Service at all times e FOUR AIR-CONDITIONED ROOMS for any size private party or banquet up to 200 persons. Howard’s Motel And Restaurant Open Every Day Open Week Days 7 a.m. All Year to 9 p.m. FREE PARKING Sundays from 8 to 8 JUST SOUTH OF SYRACUSE ON ROAD NO. 13

STRACUSE.WAWASEE JOURNAL

Thursday 11 July 1957—

Support Syracuse! Mehl & Mehl LAWYERS - . ABSTRACTORS SOUTH MAIN ST. Goshen, Indiana STOP! TERMITE WORRIES Rest assured with EXTERMITAL’S fully guaranteed 5 year Property Protection Plan backed by a Bonded Cash Reserve of over $200,000.00—a1l at one tow cost to you! Work done by local men. for rare inspfction Er"Ws''''=T| AND ADVICE, CALL . . . ISfesflH Syracuse Lumber & teggfegl supply Co. Syracuse :: Phone 69

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