Walkerton Independent, Volume 18, Number 7, Walkerton, St. Joseph County, 2 January 1958 — Page 3

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— Mr. and Mm Henry F. Wiep. Brock and eon, Dale, of Lowell, Ind were dinner gueeta on Monday of the Hotchkiss family. Mr. and Mrs. Robert Pruitt visited with Mr. and Mrs Georg- E Houmes and family at Hoopeston 111., over the week end. Jack Morrey and sons, Jim and Bob, of Chicago. srent Friday with Mrs. Morrey and the Ferverda family. Mr. and Mrs. Kenneth Rncwlton and family were Sunday guests of Mr. and Mm. Arthur DeMyer and son. Mr. and Mm. Qua Varkler will leave Thursday for Anna Maria. Florida, to spend the winter months. Mr. and Mm. Charles Sanden<wtte entertained Sunday for Mr. and Mrs Dick Bandendfstle and daughter. Jeanie of LaPorte; Mr. •nd Mm. Robert Finkle of Inditoapolia; Mr. and Mm. Harry Duffy W Chicago; Mr. and Mrs. Marion Sharpe of Ridgeville, Ind. Christmas Day dinner guests of Mr. and Mrs Dean Knowlton and family were MT. and Mm. Harold Knowlton and family, Mm. Dois Knowlton, Mr. and Mrs. Jerry Heim and daughters and Miss Nan<y Bulla, North Liberty; and Miss Nancy Flaugher, Mishawaka. Mr. and Mrs. Robert Hernandez were evening guests . I MUSAMTS HJNKIAL ROME Dr. Blßatt C. Fraah j W MML Mreugfc ®at ; «LW. KMDULVT DENTIST *W» WstoHaa — Mnmm 9 DR. R C. I&LLER VMM MtoM-RKMs <1 Mt to M to taa MM RteM 99 to K 1 Bourne, M. D. *• * OSNUmi BAy SMB aa to IM »Jto Bmtovk V to t p- to MM tot IMP ■dMMMataSMMSMMtotaWM aKUITOR,M.P . £to M . . W»tor^

Lloyd Shenks and family of Marriotta, Ohio, spent Christmas with his mother, Mrs. Ollie Sheaks Mr. and Mrs. Robert Pruitt spent Christmas Day in Gary as guests of Mr. and Mrs. William Thompson and family. Rev. and Mrs. Wayne Isaacs and children of West port, spent several days and ate Christmas Dinner with their mother, Mrs. Thomas V andervort. Christmas Day guests of Mr. and Mrs. Bruce Fitzgerald were Mr. ' and Mrs. Dallas Fitzgerald and 1 Mr. and Mm. James Capek and family. Mr. and Mrs. Milt Brown and i children, of Kokomo, and Mr. and ■ Mm. George Seitz spent Christmas I Eve with Mr. and Mm. Robert Osborn and sons in South Bend. 1 The following Walkerton people. , Ruth Clark and son, Kent; Lucy • Ullery, Mr. and Mrs. Dale Ullery, and Miss Sadie Wolfenburger at- . tended the funeral of Vern C Jackson, Thursday, Dec. 26, in LaPorte. t Mr. and Mm. Roy Hostetter en tertained at a five o'clock supper ‘ Christmas Day for Mr. and Mis. r Stanley Hostetter and fanu y, Mr. t and Mm. Arthur DeMyer and son, Mrs. Mamie Mackin, Mm. John Pul- , schen and Ben and John DeMyer. I Mr. and Mrs Lynn Travis and I daughter. Carol Sue and son Jerry, , and Eulalia Ranger of South Bend; , and Mrs Jesse Worrell were Sun- . day guests of Mm Grace Atwood । and her mother. Mrs Maude Go dwillie. Afternoon caller? were Mrs ( Carrie Kassabaum an.i Arthur. Christmas guests of Mr. and Mrs. M B. Slick were Mr and Mrs. E. Paul Slick. E. Paul n. Pamela. John Milo and Susanne, Ft Wa\ne; Mr. and Mrs. Ehner Koontz and son. Harold. Edwardsburg. Mich.; Mr. and Mm. Walter Wenger. LaPorte and Mrs Nellie Beale Wenger. Portland. Oregon. Mr. and Mm. Raymond Beagles and family entertained Sunday with a dinner for Mr and Mrs. Edward Eastland and family. Napp mee. Mr. and Mrs. Alvin Conners and family. Mulberry: Mr and Mrs Albert Burroughs and family, of Plymouth; Mm. Ada Barden and Miss Pat Drake. Mr an<j Mm Linder Sehmeltz entertained reeantly with a family dinner. Those present were Mr. •nd Mrs. Norman Jones, Michigan City; Mr. and Mrs. Paul Kolmbr tod family. Hillsdale. Mich.; Mr. •nd Mm. Peter Mark and family, Niles, Mich ; Mr. and Mrs. Otto Sehmeltz, Mr. and Mrs. Arthur Sehmeltz and family and Mr, and Mm. Ralph Sehmeltz and family. * Mrs. L. E. Eaton entertained at dinner on Christmas Day for Mr. and Mm. Ralph Eaton and family. Fort Wayne; Mr. and Mm. Janies Eaton and family ,Mr. and Mrs Wetem Eaton and family, Wakaruu; Mr. and Mm Herschel Eaton and family, Wanatah; and Mr. and Mrs. Virgil Eaton and family. South Band.

1 — I— mil I 'I —— .fimii 111 u—..... ■ — ■ ,11 ,m, »m i — NOTICE After January Ist, 1958 WALKERTON PHARMACY and JACOB DRUG STORE WILL CLOSE AT 8 P. M.DAILY EXCEPT SUNDAY IN CASE OF EMERGENCY ' PHONE; MhhlM Mi Jack Erbanyh 492 Ml-I

Mrs. Minnie Hummel of Aurora, Indiana has come to spend the winter in ths Blaine home. Miriam E. Hotchkiss of Atexani dria, Va., is visiting for the holii days in the home of Rev. an<| Mrs. Harold Hotchkiss and family. I Mr. and Mrs. Howard Crumback I had as guoeta for the week end Mr ’ Stube and Mr. and Mm. R. Stube I of Kingsville, Texas. Michael Strang of Plymouth was I a guest of the Frances Gindelber- • gers during Christmas vacation. William Zimmerman and fanil ily spent Christmas Day in Rochester and Claypool, visiting Mm. BesI sie Zimmerman and Mr. and Mrs. I Andrew Barber. * Gucst< for Christmas breakfast c of Mr. and Mm. Grant Steele were Mr. and Mrs. George Meehling, ■ LaPorte; Mr. and Mrs. Georgs ! Steele and Car al Ann Mechiing, . North Manchester; Mr. and Mm. • Lynn Bollinger and daughters of Argos; Jack and Larry Budd, of • South Bend; Mr. and Mrs. Ted Feece and family and Mr. and Mrs. Harry Meehling. Mr. and Mm. Albert Huhnke, Sr., entertained with a dinner on Christmas Day for Mr. and Mrs. Albert Huhnke, Jr., and family; Mr. and Mrs. Leßoy Smith and family; Mr. I and Mrs. Leslie Huhnke, Mrs. Harley Ross and children; Mr. and Mm. Harold Huhnke and family of Wyatt; Mr. and Mrs. Jack PrenI tis and family and Mr and Mrs. Kendall Wilson. Mrs. Ollie Sheaks entertained with a Christmas dinner for Mr. and Mm. Lloyd Shenks and sons, Marietta. Ohio; Mr. and Mm. Donald Sheaks and sons. Lockport, III.; Mr. hnd Mrs. Roy Sheaks and daughter. Crown Point; Mr. and Mrs Frank Egly, Mishawaka; Mr and Mrs Harold Sheaks and sons; Mr and Mrs Orval Mapes. North Liberty and Irvin Kring. LaPaz. Mr. and Mm Amil Schultz entertained Christmas Day for the following guests; Mr. and Mm. Melvin Dtvine and famly; Mr. and Mm. Otto Schultz and family; Mr. and Mm. Lloyd Stephenson and family: Mr. and Mm. Richard Schultz: Robert Schultz. Mr and Mm. Charles Hoiston and family; Mr. and Mm. Fred Wolff and Mr. and Mm Frederick Wolff of Plymouth; Mm. Otto Schultz of LaPorte; Mm. Bernice Szekely of Hanna; and Mr. and Mm. Victor Schultz. In their neW home fn Roseland Addition, Saturday evening, Mr. and Mm. Orrin Hiler entertained at a seven o'clock dinner the member* and guests of her bridge cub. Those present were Dr. and Mm. Burton Furst, Mr. and Mrs. Clyde Waif, Mr and Mr*. G. A. Lawrence, Mr. and Mr*. Arthur DeMyer,, Bertha Urbin, Mm. Court Webb of South Bend and Mr and Mm. Charles Finch of Hanna. Thia was their Christmas party and a gif^ exchange was enjoyed by *ve ryone.

January 2, 1958 — WALKERTON INDEPENDENT —-

Mr. and Mrs Clarence Rhodebeck, Mr. and Mm. James Martin and family, Mr. and Mrs. Neal । Shock and family, Culver; Miss i Judy Malstaff and Eugene Feitz i were Christmas Day guest* of Mrs. i Marie Cranford and daughter in < LaPorte. • ]

More Tax-Saving Deductions And I low To Time Them

I YEAR END. ■ tax TIPS | NUMBER 3 |

V,° ,eri “ f° ur orticlti on federal income articled Ore bated on information provided by the American Institute of Certified Public Accountantt end the i /ndtena Atsociation of Certified Public Accountants It you are one of those individual taxpayers who is constantly being collared and doliared for charitable contnbuttons, you mav save money by paying particular attention to the timing and planning of your year-end donations.

Before raying off on any more 19.'r pledges you might have made, remember that you will not receive a tn credit for your charitable contributions unless you Itemire deductions on your return You can't take the standard 10-per cent deduction and a special deduction for donations to charity You may take only or.e or the other, so plan । your year end pledge payments accordingly. Planning Charitable Giftt If you will be forced to take the standard 10 per eent deduction this year, your best tax move would be to defer payment on your outstanding pledges until after January 1. pyramiding them into 195* when yau may be able to Itemize deduc tions However if you have had a better than average inrome year and am trying to bunch itemized deductions on this ye*i s return, you, should pay not only the pledges you have made but possibly ihe pledges Jon weald ordinarily make In early 1951. Here is an important point to keep tn mind as you plan your yearend pledge payments a charitable contribution will be considered paid —ond tberelore deductible—tn the year when the check Is delivered to the charity and not when It Is actually cashed. Property Donation ■ A gift does not have to be in cash to entitle you to a charitable deduction It can be in property, and atnee you can claim a deduction for the full market valve of a pioperty gift. It may actually pay you to give any items that arc now worth mom than they cost Fer example, suppose that you own a few shares of stock that coat you |IH a few years ago Today the ctork Is worth 1150, and apparently fully priced If you know you ' ane going to be approached by * 1 church, eharlty. college or the like 1 for a sizeable donation within the 1 next few months, you might con- j eider eontiibu’lng these aec uri tie* before the end of the year By giving thia property away, th* 1 organisation you car* to favor will benefit Dy receiving property which 1 T". ' u ” ■"

Mr. and Mrs. Russell Hartaough and children and Mr. and Mrs. Robert Hocker and daughter spent Christman Eve with Mr. and Mi Ora Hochstetler In Bremen. Chri-1 • man night HarLsoughs were guej * < of his parents, Mr and Mrs. Iv n Hartsough of North Liberty.

they may hold ot sell, and you will establish a 1150 charitable deduction for your 1957 tax return ! Furthermore, you avoid paying a capital gains tax on the profit. If you mint dismiss the ide* of g-ving away a piece of real estate or a block of stock within the next few years, don t overlook the oppot[unity of building up your charitable ! deduction by donating such "prop city as used furniture, clothing , books and toys to a worthy charity . The value of th'^^ items is deductible. too Prepaying Slate Taxer The state and local taxes which you pay are also deductible items that often can be pyramided to give a 'ax advantage Some taxes that fall due early in 1959 can be pre paid to give y OU an additional ; deduction on this year’s federal tax return Or the other hand, it may be to your advantage to delay pay ments untH 195$ Be careful when you do this, however You may incur a late payment penalty. Farmer Tai Taefict While businessman and farmers ean do everything that a salaried wurker can do to cut their tax bills. , thay also have special opportunities to time yearend deductions. । A farmer. for example, who reports for tax putpoaes en a cash basis, can deduct his expenditures in the year paid By pavehasing hhr' 1951 grain iequin-m, uls in Decem-i ber. he ean increase dedualiona an his 1957 retorn ff he borrows monay to make this purchase. t>e . interest paid on the lean during tto] year Is also deductible. A businessman, whaae year end; tax plan calls for boacbfng deduc-' flong on thts pear's reftrrn. eln j lima the sale of used e^oipment to ; establish loss deduetfam For ex- ‘ ample, by selling a truck that had * a depreciated value of |9N and • real market value of IMt. * bust- * nessman may claim a taa eredft far: hts 1300 loss." ff ho ante fho track before December 81. be tan take this deduction on hf* 1887 return. Lom Anitlei torpo Ttot CaaMF Sano A Dependency Kneanpt^m.

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