The Daily Banner, Greencastle, Putnam County, 27 December 1958 — Page 2

THE DAILY BANNER S\T. DEC. 27. 12 OREENCASTLC, IKD.

CHT RC’H CilFTS; TAXES If churrhes operated like depart?nent stores, they would run ads in the papets today pointing out that there are “only four giving days k ft before the new year.” This is the time of year when foresighted taxpayers begin to brood about the fact that they will soon have to render an accounting to the Internal Revenue Service of their income — and their deductions—for 1958. Gifts to churches are tax deductible. They come under a special provision of the internal revenue laws which permits deductions of up to 20 per cent of adjusted gross income for contributions to churches, schools or hospitals. No one is likely to give to a church solely for tax purposes. Giving always costs something, no matter how high your tax bracket. But th#» tax deductibility of religious contributions in an added inducement for anyone who feels like making up, with a year-end check, for s >me of the .Sundays when he put nothing in the collection plate. Here are a few examples of how the tax laws operate to make it easier to give liberally to your church; Suppose you are married and making a joint tax return. If your taxable income is $5,000 a year, you can give $100 to the church for an out-of-pocket cost of S78. In the $10,000 a year bracket, the same $100 contribution costs you only $74. The wealthier you are, the less it costs you to give. Those whose taxable income is $20,000 a ye>r recover, in tax savings, almost half of their religious contr.butions. The taxpayer’s sh ire gets progress vely smaller until ,in the relatively uncrowded $400,000 income bracket, he is giv ng dollars that actually cost him only 10 cents. Tax savings can be even greater if, instead of giving cash to the church, you sign over some kind of property like stocks, bonds or leal estate which has gone up in value since you acquired it. This way you 111 receive a tax deduction for the fair market value of the property and (2) avoid having to pay the capital gains t:>x which would have been due if you had convened the property into cash. The church, being a tax-ex-empt institution, can liquidate the property without having to pay a capital gains tax. If the property you w’ant to

gtne to the chtirefi fs valued at more than 20 per cent of your income, you can spread the gift over a period of two or more years by assigning fractional ini terests-—one third, one-half. etc. each year. In recent years, churches have been learning to publicize these facts in thrir building fund campaigns. But the tax laws are seldom mentioned in connection with ordinary giving for operational expenses. Jones 1*.T.A. Held [>e ember Meeting TrDecember meeting of th° M ry Emma Jonv'S P.T.A. was held Friday, December 19. at 2 p. m. in the school auditorium.. The meeting was in charge of Mrs. Burke Coyner. president. The safety committee with A! f'hilds. chairman, presented William Lawrence of the Gieencastle fire department who gave a report on how the department supervise fire safety in the

schools.

Devotions were given by Joe Milauovich A program of Christmas music was presented by the first, second and third grades. The program was directed by Charles Akers, music supervisor and Mrs. Hollis Masten assisted by the room teachers, Mrs. Meryl Eggers, Mi s. Ruby Hood, Mrs. Mary DeVaney, Mrs. Esther Friend and Mrs. Judy Hurst. The Christmas story was read by Ruthie Miller of the third grade. As a Christmas treat to the pupils of Jones School, the Jones P T.A. presented a marionette show of “Jack and the Beanstalk” on Monday afternoon, I v'cembei 22. The show was presented by the Palmer Martin Marionette. 163 State Road. Grahamsville, New York.

THE DAILY BANNER Phone - OL-S-5151 Entered hi tbe postoffice at C.reeneastlp, Indiana, as second class mail matter under act of March . 7, .1878. ..Subscription price 25 cents p®r week. $5.00 per year by mail in Putnam County, 86.00 to $10.40 per year outside Putnam County. TODAY’S Rlfll-E jHUIJUflT The son of man came not to be ministered unto, but to minister, and to give his life a ransom for many Matthew 20:28. The I strong owe a debt to the weak. We too should minister to those | in need.

Personal And Local News Briefs

Thursday Club

Holds Meeting

Dec. 10 the Thursday Club w'as entertained at the home of Olive Harcourt. The morning was spent visiting. At noon dinner

was served.

The president called the meeting to order after noon with the club singing Christmas songs. Mrs. Carrie Ziegelman offered prayer. Roll call was answered with unwrapping the gift from the grab bag. There were several secret sister gifts given out. The secretary and flow'er reports were read and approved. The business was taken care of, then the meeting was turned over to the hostess and games were played each receiving a prize. Stella Vickroy received the door prize. The next meeting will be at the home of Esther Cradick Jan. 8. Members please notice the change of date of the meeting.

CLOSED FOR INVENTORY TUESDAY, DEC 30* BOORS PUIS

Albert McFerran is a patient in the Putnam County hospital. He is reported as very ill. U. S. Young of Muncie visited his mother. Mrs. Stephenson or, South College Avenue last night and today. A daughter was born Friday at the Putnam County Hospital to Mr. and Mrs. Walter Johnson of Grcencastle. Mrs. Walter Stoner who recently underwent major surgery at j the Putnam County Hospital is | improving nicely. Mr. and Mrs. I. L. Baker and j family spent the holidays with their mothers, Mrs. Ida Baker and Mrs. Young. Mr. and Mrs. Robert Pingleton, of Bainbridge, are the parents of a son born Friday at the Putnam County Hospital. Mr. and Mrs. David Cox, R. R. 3, Gieencastle are the parents ot a son born Wednesday at the Putnam County Hospital. John N. Wood, 31, was arrested by city police on Bloomington street at 9:19 p. m. Friday and charged with drunken driving. Mrs. H. C. Mellott of South Bend spent Christmas week with Mr. and Mrs. Arthur Agnew. Mrs. Mellott is a sister of Mrs. Agnew. Mrs. Helen O’Daniel Mitchel of i New York and Miss Emma Deoppeis of Indianapolis were the guests of Mr. and Mrs. John G. Hill on Friday. Air. and Mrs. Omer Beck returned hom from Wheaton, 111., after spending Christmas with their daughter and husband, Mr and Mrs. Don Cranston. Mr. and Mis. William H. Reeves, of Fort Sill. Oklahoma, i are the parents of a, daughter born Dec. 26. Mrs. Reeves is the daughter of Mr. and Mrs. Estel i Shonkwiler. Mr. and Mrs. Elvis Henson Jr., and children, Mr. and Airs. Frank McRoy and Mrs. Granville Shadel and daughter, Judith, all of Indi- ! anapolis called on Mr. and Mrs. Walter Stoner Wednesday even-

ing.

Christmas dinner guests of Mr. and Mrs. Medford McBride were: Mr. and Mrs. Richard Sutherlin and family of Battle Creek. Michgan; Mr. a.nd Mrs. Rex McBride. Claude Bailey and Mr. and Mrs. Frank McBride, all of Gieencastle.

CARD OF THAVRS We wish to th nk our friends in Putnam County for the cards and letters sent to us during the holidays. We were unable to send greetings to our friends, due to ill health. They Vcie g.eaciy appreeia:ed. Mr. and Mrs. Thomas Sw c i. Dubiin. Indiana.

TO FRIENDS OF OUR CHILDREN I want to thank everyone who contributed in -anyway to make our Christmas project a success by contributing food, bedding, clothing, shoes and toys. I wish to give special thanks to The Banner, all of the ladies who helped Mrs. Alarie Craft with sorting, sizing and distributing the clothing, shoes, etc. We helped 45 families with 215 children and about 60 adults. We spent $458.25 for clothing etc., that we could not furnisn from our supplies and $243.50 cash was contributed leaving a balance to be made up of $214.75 Thanking all of you who helped this week and wishing you a Happy and prosperous New Year. Sincerely Yours N. Huckleberry

FBI Arrests A Most Wanted

obitf ary Rodney Dean Humphrey passed away Friday. Dec. 19th at 2:".5 at his home, 2251 N. LaSalle St. Indianapolis. He was the son of Mr. and Mrs. Graham Turner ,nd grandson of Mr. and M '. James F. Cailahan of this city. He was a member of St. Francis de Sales Church and graria :tc'i from Arsenal Technical High School. Indianapolis with the class of 1957. During high school Rodney worked for Kroger Co . md after graduation he worked as a diemaker for Indianapolis Paper Container Co. Pall-bearers were six of his best friends: B : !l Hockman. Jim Hardesty, Bob Sterrett, Sonny Wells, Ronnii Ponsler, and Herbie Irwin. Funeral sei vices were held Monday at 11:00 from the Moore ind Kirk Chapel in Indianapolis. Burial was in Forest Hill Cemetery, Gieencastle. CARD OF THANKS We wish to express our sincere thanks and appreciation to our friends and neighbors for ne floral tributes and kindness during the illness and death of our beloved son and grandson, Rodney D. Humphrey. Mr. and Mrs. Grtham E. Turner: Mr. and Airs. James F. Callahan and family.

OBITUARY

WASHINGTON (UPI) — The FBI had an opening today on its list of the nation’s “10 most wanted” fugitives because one of the underworld “elite" couldn't stay out of new trouble. The vacancy occurred with is<e capture in El Cajon, Calif., of . Daniel William O’Connor. 30. an I atheltic bad guy who evaded the | long aim of the law since 1953 J by radically changing his ap- j peaiance. O'Connor, who the FBI said j once “mercilessly” beat a C inadian Mounted Police officer, had been working for several years in E'l Cajon as a handy man. He dyed his hair red, grew a full mustache end added 58 pounds to his already stocky 200 pounds. He adopted the name “ArthuV Nelson” and was married with two children. O'Connor was unmasked after the El Cajon police department arrested him on a San Diego, Calif., police department warrant charging him with theft of a $15 trailer. Although identifying liimsell as Nelson, O'Connor’s, fingerprints gave him away when : studied by San Diego police and the FBI. He finally admitted his true identity. The stocky, one-time wrestler j was put on the FBI 10 most wanted list April 11, 1955.

Red Broadcast Tells Of Religion

r A second thought on first aid'*

riLT

We’re constantly amared at the number of children * hocut, scrape and bruisn themselves within sight (and sound) of our phai^ macy. We do a big business in antiseptics, bandages, and other first-aid items. Same everywhere, probably. But sometimes we wonder if people don’t depend too much on first aid—neglect proper medical attention. If there’s the slightest question in your mind following w hat appears to be minor injuries, see your physician. First aid has definite limitations. You can only be sure of proper medical care by seeing your doctor. A prompt visit can save a half dozen Later.

do an ipharmacy

\ PRESCRIPTION DRJJGGISTS

tA* label of QUALITY. ACCURACY ASD SERVICE

TO DEVALUE FRANC PARIS UPI- France is expected to devalue the franc today, for the seventh time since World War II, as part of interlocking economic reforms which probably will affect most of Western Eu-

rope.

The cabinet, which was in session until after midnight today debating "financial, economic and monetary policy,” meets again this afternoon. Finance Minister Antoine Pinay has scheduled a press conference immediately after the afternoon meeting, presumably to announce devalua-

tion.

PURDUE, IRISH WIN Purdue, ranked 16th, topped Butler, 78-65, in the opening round of the Hoosier Classic at Indianapolis. Other teims in the op 20 which scored opening round tournament triumphs Friday night were St. John’s, St. Joseph's and Utah. Only team in the top 20 to lose Friday night was Indiana, which is tied with St. Joseph's for 20th place. Notre Dame beat Indiana, 73-67, in the Hoosjer Classic as Tom Hawkins netted 31 points for the Irish. Notre Dame faces Purdue for the Hoosier title tonight.

LONDON UPI — Radio Moscow said today it is disillusionment over “the collapse of Bible truths” and frustration over the lack of money that turns young Americans into juvenile .delin-

quents.

“Capitalism has not only cutlived its time economically, by becoming a brake on the development of productive forces: its decay is inevitably accompanied by a recession in culture, a fall in morals and so shameful and ! frightening a phenomenon as juvenile delinquency,” the broadi cast said. The Red radio said young Americans, taught Bible prin- | ciples in the religion classes which it said “are compulsory ir all U. S. schools,” soon find or graduation that they do not work

in life.

Charles Henry Smith, teh son of Frank and Dorothy Black Smith, was born at Quincy. Tnd.. op January 21, 1936. and doparted this life December 19 1958, at the age of 22 years. 10 months and 28 days. At the age of 14 months, he came to mako his home with his n r Jnt and uncle, Ray and Katherine Black Gooch, where he lived until his death. Charles was a graduate of Grcencastle High School iu 1954. also an active member of the Indiana National Guards for seven wars and the Eagles Lodge at Linton, Indiana. Charles was a very loving, kind and thoughtful son and nephew; well liked by all who knew him. He leaves to mourn: his father and mother, Frank and Dorothy Smith of Lyons, Ind., his aunt and uncle, Ray and Katherine Gooch; their daughter, who was raised as a sister to him. Mrs. Helen Gooch Miller of El Paso, Texas; his four sisters. Mrs. Lillian Ellis of Plainfield: M>s. Ruth Dunagan of Quincy; Mrs. Frances Hinkle and Mrs. Donna. Twomey of Gieencastle; three brothers: Paul of Brooklyn. New York: Robert and Frank Junior of Cloverdale and a host of other relatives and friends. There is no death, the stars go ' down To rise again on some fair shore And there in Heaven’s jeweled crown They shine forever more. CARD OF THANKS We wish to express c‘ur sincere appreciation to all of our neighbors, friends and relatives for their beautiful flowers, their many acts of kindness and expressions of sympathy during the loss of our nephew and son. Charles Henry Smith. Especially do we thank the Rector Funeral Home and all it’s staff for their wonderful work; also the Minister, Rev. Samuel Schimpf, the Doctors and Nurses for their undying efforts, during his illness, and everyone who i helped in any way we say. Thank You. Mr. and Mrs. Ray Gooch and family Mr. and Mrs. Frank Smith amt family. \NN.VEKSir.\KH>

Rossellini Asks For His Children

Weddings M»\ nd Mrs. James Wagner, Greencastle. R. R. 1, 4 years tona.y. December 27th. rtirrhdavK Brad O’Neal. 2 years old • oday Dec. 27.

THE LOW MARK

ROAIE UPI—An attorney for Roberto Rossellini asked a court today to give him custody of th three children born of his marriage to Ingrid Bergman. Alario Cava’eri presented Rossellini’s petition to the Rome

Civil Court.

An Italian custody verdict ! ; would not necessarily be of much value to the movie director. The j j children-Robertino. 8. and the 6year old twins. Isotta. and Isa-. bella, are living near Paris with 1 their mother and her new husband. Lars Schmidt. Rossellini, also in Pairs, s-aid 1 the three children were visfUng j

him today.

NEW YORK UPI—The nation’s lowest recorded temperature today was 19 degrees below ; aero at Fraser. Colo., the U. S i Weather Bureau reported. Friday’s Mgh was 78 at Key We*t 1 Fla.

—( OOD OLD DAYS walking to Groveland to chunh one night. Harpei wished to escort Mary Pickett home and was turnt-d down. As the girls went around the bend about 1 _• mile south of town someone shot in j their midst. After reaching hom Charlotte Ader shook a bu’lct from her clothes. The shooting was always credited to Harper Evans. (To be concluded next week >

PORTLAND HAS FIRE

PORTLAND. Ind. (UPD—Fire caused an estimated $100 000 damages to the Frank Implement Co at the north edge of this city on U 9. 27 Friday night.

Sheinwold On Bridge

Following Probability To Make Contract By Alfred SheinwoM

U. 8. Masters Team Champion It’s a good idea to kno*A- a littl about probability in order to give yourself the best chance for some ,

hands.

West leads the jack of clubs against your contract of three notrump. You refuse the first trick, hoping to find out painlessly later on whether or not the suit is going to break evenly. If so. your last club will Ot* good

for a trick.

. I South dealer Neither side vulnerable

x NORTH A 9 6 3 2 V A 7 4 ♦ 7 6 3.’, _ * 7 4 3

WEST EAST _ AQ874 A 10 5 ^ * 10 32 *QJ96^ ♦ 8 4 ♦ A 10 9 5 2 •fr J 10 9 8 *Q5 —

SOUTH

A A K I V K 8 5 ♦ K Q J ♦ A K 6 2 Smifh West North East 2 NT Pass 3 NT • All Pass Opening lead — A I ' West continues with the ten of clubs, and East plays the queen. You w r in with the king of clubs, making the mental note that an . ven break looks unlikely. Your only other chance for a ninth trick is in spades. How should you play that suit to giva yourself the best chance? First, of course, you lead out the ace of spados. If the queen or ten happens to drop, you will have no further problem. When only small cards fall, you must

think. One choice is to lead a h^art to dummy's ace and then lead a spade ba,ck in order to finesse the jack. The other choice is to lead the king and then the jack of spades from your own hand. Which is better? PLAY FOR DROP In case, the play for the drop is better than the finesse. When you lead out the ace and king of spades, you may drop the doubleton queen or the doubleton ten. If this fails, you lead the jack of spades in the hope that each opponent has exactly three spades. The total chance of at' these possibilities gives you fav orable odds of about two to one The finesse is just an evei chance. Clearly, it’s better to play foi the two to one shot than to gc lor an even chance. Lead out the ace and king o! spades. In this case, the ter

drops. Lead the jack rvxt. West must take the queen to stop you from getting your ninth trick then and there. You can later reach dummy with the ace of hearts to cash the nine of spades. In general, remember that a finnesse is just an even chance. If some other play gives you several different possibilities, without any extreme breaks, those other chances will usually add up to something better than a finesse. DAILY QUESTION Partner opens with two notrump. and the next player passes. You hold: S-Q 8 7 4 H-19 3 2 D-8 4 C-J 10 9 8. What do you say? Answer: Pass. The opening bid of two notrump is very highly invitational, but not forcing. Bid with four points or even with a good suit and only two or three points. Pass when you have no suit and only three points.

TERMITES CAN BE STOPPED General pest control for Moths, Roaches, Ants, etc. PRICES REASONABLE — RESULTS GUARANTEED Reliable Exterminating Company I PHONE COAN PHARMAC Y — S88

1 oifl

FUTURE IS COMING TO YOU

The future forecast is bright for you who have so wisely saved. You’ve made wonderful plans to be ready for the future . . . the age of rockets and push-button living. Were enjoying the job as your partner in the exciting task of creating a working savings reserve for your future needs and want. Now, to f urther your plans, year-end earnings will he added to your savings. Imagine the effect this money will have on plans for new homes, business expansion, college funds or relaxed retirement. Whatever your savings goal, the waiting time and the amount still remaining to be saved has been decrease*.! by the amount of your share in these generous earnings. If you’re riding a streetcar rather than a rocket-ship, isn’t it time you joined your modern neighbors who are enjoying the profits and protection of a specialized savings institution? One friendly, quick visit can remedv this and make your future forecast bright.*

ijjiJdJ-J-j'

SAVINGS AN D LOAN flSSOCIRTIOn

Current Rate

3?c

Per Annum