The Mail-Journal, Volume 5, Number 24, Milford, Kosciusko County, 17 July 1968 — Page 12
THE MAIL-JOURNAL— Wed., July 17, 1968
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-• •- ■'~^^^ ? iSO<My 'W' x *r. j£!> *\-- ’** ** Wawasee Heights Baptist Church Now Meeting At New Church Facility
k Services are being conducted on rlje lower floor of the building while construction continues. A nursery is maintained for all Sunday services- Pastor Robert A. Mundy and the congregation invite the public ’to share in the services and look over the new facilities. The church began to hold regular services under the name of Syracuse Baptist church in the summer of 1962 and met in the building now occupied by Brammer Furniture Co. Rev. James Paige was called as the first pastor in September of 1962. In December of the same year the church moved into the former Methodist church building at the corner of Pearl and Harrison streets. Rev. Robert A. Mundy was called to the pastorate in September of 1963. In the spring
Brademas Announces Exams For The Three Service Academies
WASHINGTON, D. C. — Congressman John Brademas (DInd.) today announced that he will use the competitive system of nomination in filling one appointment each to the U. S. Air Force Academy at Colorado and the U. S. Military Academy at West Point, New York, and two to the U. S. Naval Academy at Annapolis, Md., available to the third congressional district in 1969. "In order to give every candidate a fair chance and to nominate the best qualified young men, J am continuing the policy of making these nominations on a competitive basis,” Brademas said. “The academies prefer this method and every young man has an equal opportunity for appointment.” Brademas used this method in making all his previous nominations to the service academies. A written examination prepared by the U. S. Civil Service Commission, especially for service academy aspirants, will be held at locations throughout the jfetion, including South Bend, on "Saturday, October 5. There will be a make - up examination on Saturday, Nov. 9, for those candidates who cannot report for the October examination. Brademas said that all prospective candidates from Elkhart, Kosciusko, Marshall and St. Joseph counties will be required to take this examination. They must notify him by September 3 of their desire to compete for the appointment and whether they desire to take the examination in October or November. Candidates must be between 17 and 22 years of age on July 1, 1969. Applicants should write to: Congressman John Brademas, 2134 Rayburn House office building, Washington, D. C. 20515. Brademas emphasized that the CSC examination is a preliminary test given to determine candidates for the academies. The candidates must then qualify for admission by passing written and physical examinations given directly by the academies. The Hoosier Congressman also announced that he is allowed to nominate 10 candidates to compete on a state - wide basis with other Congressional nominees for Indiana’s allotment of seven 1969 vacancies at the U. S.
New Paris SPEEDWAY Saturday Nights —l2 Events — SUPERS — FLYERS ON PAVED OVAL TRIALS 7- RACES 8 • • • THURSDAY NIGHTS FENDER BENDERS FIGURE 8’«
of 1964 the church adopted a consituation and went into the fellowship of the general association of regular Baptist churches. Steady growth was realized and the church voted to build new facilities in January of 1966. Construction began in September of 1967 with the church acting as its own general contractor. John R. Me Creary, member of the church, is the building superintendent. Norman Warden of Winona Lake is the electrical contractor and Paul R. Becker and Sons of Ligonier is the plumbing, heating and air-conditioning contractor. Most masonry work was done by the late Arthur Baugher. Harry Doty Construction of Milford has taken over this part of the work. The building was designed by Donald W. Peterson of Fenton, Mich.
Merchant Marine Academy at Great Neck, Long Island. Candidates for the Merchant Marine Academy will also be required to take the CSC examination either on October 5 or November 9 and should apply to Brademas by September 3. Brademas urged all aspirants to the four academies to write him as soon as possible in order to receive information made available by the Civil Service Commission concerning the written examination. Ronald V. Kramer Accorded Scholastic Honors At Valparaiso Ronald V. Kramer, son of Mr. and Mrs. Ronald V. Kramer of 127 north Shore drive, Syracuse, was one of 52 Valparaiso Technical Institute stucfents to be accorded scholastic honors for the spring semester of the 1967-68 academic year. His name remains on the roll of honor. Ronald has completed three semesters of a five semester program which leads to an associate degree in engineering electronics. To qualify for this recognition a student at the institute must maintain an accumulative point standing of 3.D out of a possible 4.0 in a full-time program of study. The total group of honor students represents 15 per cent of the full-time student body at Valparaiso Technical Institute. « Miss Sharon Gilbert of r 1 Syracuse spent the holiday week end with her cousin, Mrs. Keith Osbun, and family at South Milford.
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Notice To Employees 10% Income Tax Surcharge Goes Into Effect
On June 28, 1968, President Johnson signed into law the 1968 Revenue and Expenditure Control ActJP. L. 90-364). This Act provides for a 10% income tax surcharge on income earned by both individuals and corporations. This additional tax is imposed on wages and salaries earned by individuals after April 1, 1968. Effective on all wages paid on July 14, 1968 and thereafter, we must withhold from your pay an amount sufficient to cover the increase in tax. The amount withheld covers the 10% income tax surcharge on the amount you earned from April 1, 1968 to the beginning of this pay period. What is a surcharge? A surcharge is not an increase in your income tax rates. It is a tax on a tax. This sounds confusing but it is really very simple. A surcharge increases the amount of tax you owe the government by tacking on a sum equal to 10% of the tax payable. For example: Employee's Income 1968 Jan. 1 to April 1 $1,250.00 April 1 to Dec. 31 3,750.00 Total Income ........ $5,000.00 Employee’s 1968 Tax $169.25 Basic Tax 507.75 Basic Tax 50.77 .. 10% Surcharge >. on $507.75 $727.77 Total Tax The 10% surcharge would increase the tax the employee pays by $50.77. The surcharge is not imposed on income earned from January 1 to April 1, 1968. Income earned in this period is subject only to the basic income tax. The effective increase in tax is only 7.5% for the year because one quarter of the year’s income is not subject to the surcharge. Why A Surcharge? Knowledgeable economists both in and out of government have long believed that in order to serve the national interest a tax increase is necessary. Unless we have a tax increase and unless government spending at all levels is reduced, the rate of inflation would increase at a faster pace (reducing the value of your dollar even more). The federal government has undertaken a wide range of programs which were ’designed to
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improve the life of every American. In addition to these social programs, we are fighting a war in Vietnam. This has been called our “Guns and Butter’’ policy. The net result is a budget deficit (more federal expenses than federal income). The revenue act is designed to help balance our national budget. Without a tax increase, the government would spend $24 billion more in the fiscal year 1969 than the revenue it will tax in. The tax increase will produce about 14 billion additional dollars in the fiscal year 1969. The Act also provides that the government must cut its spending by six billion dollars (186.1 billion to 180.1 billion). You are not the only one who will feel the effect of the income tax surcharge. All corporations must pay an additinal 10% surcharge on the income earned from January 1, 1968. The costs of balancing our national budget will be shared by both corporations and individual taxpayers. When will the surtax expire? The 1968 Revenue and Expenditure Control Act provides that the surtax will expire on June 30, 1969. Congress could, of course, continue the surtax beyond this date. However, we hope that the surcharge will only be a temporary measure and corporations and individuals will not have to bear indefinitely this additional tax burden. Tri-State Twins To Meet July 27 The Tri-State Twins club is sponsoring its annual gathering of twins on Saturday, July 27, at the Jack and Jill Amusement park, US 30 by-pass, Fort Wayne Registration will be from 12 noon until 1, followed by a program of music and dance by a young group. Contests will start at 1:30. Judging the contests will be Len Thornsen of the Fort Wayne Komets Hockey team, Dell Ford of The Journal-Gazette staff and Mrs. Carl Johnson, who teaches at Glenwood Park Elementary school. Trophies will be awarded to the winners of these various categories: Twin queens; twin princes; twin princesses; youngest twins; oldest twins; most unlike,
same sex; most unlike, opposite sex; most alike, opposite sex; most alike, infants -6, girls, boys; m ost alike, girls, boys; most alike, 14-21, girls, boys; most alike, 22-40, ladies, men; and most alike, over 40, ladies, men. For further information, please contact Mrs. Larry Ternett of r 1 Monroeville or Mrs. Leo Busick of r 1 Woodbum, copresidents of the Tri-State Twins club. Legion Auxiliary Unit 223 Elects Officers June 25 Election of officers for the coming year was held at the annual picnic supper in the home of Mr. and Mrs. Joe Bushong by the Wawasee American Legion Auxiliary unit 223 on Tuesday evening, June 25. Elected were: President — Mrs. T. L. Kline First vice president — Mrs. Wallace Buffer Second vice — Mrs. Roy Sarjent jent Third vice — Mrs. Carl Myrick Corresponding secretary — Mrs. Robert Smith Recording secretary — Mrs. Tim Darr Treasurer — Mrs. Wayne Coy Chaplain — Mrs. Joe Bushong Historian — Mrs. Charles Kroh Sergeant-at-arms — Mrs. Maury Snyder Parliamentarian — Mrs. Ann Davis Executive committee — Mrs. Blanch Kline, Mrs. Harold Klint and Mrs. Kroh There were 12 members and two guests present for the supper. Reports of the various committees were given. Mrs. Coy gave the report of the fair board. A decision was made to have a
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float in the parade. A committee was appointed by the president. The members are Mrs. Snyder, chairman, Mrs. Sarjent, Mrs. Huffer, Mrs. Bushong and Mrs. Coy. A letter was read from Mrs. Elinor Enyeart of un ; t 253 of North Webster asking for flag legations for the rooms in the new school. Twenty-six flags will be needed. The unit will give one flag.
LIGONIER NEWS
By Rose Cunningham Wisconsin 4-H’ers Visit In Noble County Four Wisconsin 4-H’ers and two adult leaders are spending this week in Noble county to observe how our 4-H programs function. Staying at the Adrian Lortie home, r 1 Kimmell, is Linda Brodhagen; at the Richard McCoy home, r 1 Avilla, is Susan Bents; at the Roy Mangus home, r 1 Kimmell, is Kathleen Lemmens; and at the Glen Miller, Jr., home, r 1 Rome City, is Deborah Mulueg. Deborah’s parents, Mr. and Mrs. Malueg. accompanied the young people to Noble county and are spending the week with Mr. and Mrs. Jack Cole, r 4 Albion, and Mr. and Mrs. Taylor, LaOtto. The young people and their leaders will be attending the 4-H junior camp at Oliver lake, a 4-H junior leader meeting, a dog training meeting and the sheep twilight meeting. A tour of Pur-
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due university and the state 4-H leadership center and other 4-H activities of the state will also be on the agenda. This is a part of the inter-state 4-H exchange program to give 4-H’ers a chance to meet new friends'and learn about youth in other parts of the country. 1959 CLASS HAS REUNION SUNDAY Members of the class of 1959 of Ligonier high school and their families enjoyed a class reunion at Sun-E-Side Recreation Center Sunday. Good Samaritan Ladies Make Kimonas For Borneo Good Samaritan Ladies of the Centenary United Methodist church spent Monday evening making kimonas and receiving blankets for babies of Sarawak. Borneo. Miss Beverly Cunningham, a native of Ligonier, is a missionary nurse in that city. She is the granddaughter of Mr. and Mrs. Arthur Couts of Ligonier. SP-4 RIDGELY A. RITTER IN BANGKOK HOSPITAL Tex Ritter of this city has been notified that his son, SP-4 Ridgely A. Ritter, is confined to the hospital in Bangkok, with an attack of hepatitis.
CALL US Before You Sell Your Lambs and Hogs WE BUY LAMBS 8 HOGS DAILY MAX M. KYLER Phone: 839-2108 Sidney, Ind. P. B. Stewart & Co. 2100 DURBIN ST. WARSAW, IND. PHONE: 267-6054
State Bank No. 305 REPORT OF CONDITION OF STATE BANK OF SYRACUSE OF SYRACUSE IN THE STATE OF INDIANA’ AT THE CLOSE OF BUSINESS ON JUNE 29, 1968. ASSETS Cash, balances with other banks, and cash items in process of collection $ 1,397,183.59 United States Government obligations 2,739,487.36 Obligations of States and political subdivisions .. 1,026,842.67 Securities of Federal agencies and corporations . 650,000.00 Other securities (including $ None corporate stocks) 19,167.50 Federal funds sold and securities purchased under agreements to resell . 150,000.00 Other loans and discounts 4,890,828.30 Bank premises, furniture and fixtures, and other assets representing bank premises .... 54,935.55 Real estate owned other than bank premises ... 36,853.70 Customers’ liability to this bank on acceptance outstanding None Other assets 29,063.66 TOTAL ASSETS $10,994,362.33 L I ABILITIES * Demand deposits of individuals, partnerships, and corporations $ 2,613,120.82 Time and savings deposits of individuals, partnerships, and corporations .»• 5,976,361.90 Deposits of United States Government 227,589.77 Deposits of States and political subdivisions ... 1,221,389.14 Deposits of foreign governments and official institutions, centi’al banks and international institutions None Deposits of commercial banks None Certified and officers’ checks, etc 97,523.88 TOTAL DEPOSITS $10,135,985.51 x x x x x (a) Total demand depositss 3,769,143.61 x x x x x 4 (b) Total time and savings deposits $ 6,366,841.90 x x x x x Federal funds purchased and securities sold under agreements to repurchase None Other liabilities for borrowed money None Acceptance executed by or for account of this bank and outstanding None Other liabilities (including $ None mortgages and other liens on bank premises and other real estate) * 66,056.97 TOTAL LIABILITIES $10,202,042.48 CAPITAL ACCOUNTS (a) Capital notes and debentures $ 175,000.00 (b) Preferred stock —total par value'..... None No. shares outstanding (c) Common stock —total par value 175,000.00 No. shares authorized 17,500 No. shares outstanding 17,500 Surplus . ....{. 235,000.00 Undivided profits 172,319.85 Reserve for contingencies and other capital reserves 35,000.00 TOTAL CAPITAL ACCOUNTS 792,319.85 TOTAL LIABILITIES AND CAPITAL ACCOUNTS $10,994,362.33 MEMORANDA Average of total deposits for the 15 calendar days ending with call date $ 9,571,416.30 Average of total loans for the 15 calendar days ending with call date 4,953,428.33 Loans as shown in item 7 of "assets” are after deduction of valuation reserves of, 15,169.25 Secturities as shown in items 2-5 of "assets” are after deduction of valuation reserves of None I, Robert L. Jones, President, of the above-named bank, do solemnly swear that this report of condition is true and correct, to the best of my knowledge and belief. Correct—Attest: ROBERT L. JONES KENNETH W. HARKLESS HAROLD WELLMAN JACK B. KIRKWOOD Directors C. K. HEWETT ROBERT L. JONES NOBLE C. BLOCKER State of Indiana, County of Kosciusko, ss: Sworn to and subscribed before me this 13th day of July, 1968, and I hereby certify that I am not an officer or director of this bank. 6 My commission expires September 29, 1969. BONNIE WELLMAN, Notary Public
ON TRIP TO CANADA AND WEST COAST ,Mr. and Mrs. Ward Rimmell left Monday for a vacation trip to Canada and the west coast. They expect to visit Vancouver and Victoria, B. C., and return byway of Lake Louise, San Francisco, Salt Lake City, and Denver. Sp/5 Larry Tulley Home From Viet Nam SP-5 Larry Dean Tulley arrived home Monday* night from a year’s duty in Viet Nam. Larry’s wife is living in Edwardsburg, Mich. He is the son of former residents, Mr. and Mrs. Leonard Tulley, now living on r 1 Pierceton, and grandson of Mrs. Minnie Gage of Ligonier. He is a 1959 graduate of Ligonier high school.
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