: The Dallas Post. JOHN BITTNER BOX 336 BRIGHTON, IA Vol. 92 No.3 Photo) Back Mountain property tran- sfers nearing $1 million have been processed at the office of Luzerne County Recorder of Deeds Frank Castellino. Three transfers were in excess of $100,000, with the largest of those being the conveyance of property in Dallas Township to Commonwealth Telephone Co. ' Following is a list of transfers of & or more: ; . John Churnetski to Ernest and Barbara Gelb, Deer Hill Road, Sutton Hills, Shavertown, property . there, $73,750. -0- John Sobeck and others to John and Sharon Kugler, 40 Harford Drive, Shavertown, property there, $62,000. 20 Ann Hall to Robert and Lisa Keefe, 88 Tunkhannock Highway, Dallas; property there, $33,500. oO Paul Roozen and wife to Mary Williams and others, 447 Pioneer Ave., Dallas, property there, $37,500. 0: Joseph Silva and wife to Leonard and Mary Simpson, RD 2, Lake Township, property there, $21,000. 0. George Brutko and wife to David Hosel and wife, 10 Parrish St., Dallas, property there, $27,000. 10- “James Ernest and wife to Mallapa and Greeta Udoski, Fox Hollow, Dallas Township, property there, $115,000. -0- Kenneth Livezey and wife to Roy and Deborah Brown, RD 2, Lake Township, property there, $41,000. =()- Robert Lawhorn and wife to Thomas and Rose Marvel, RD 7, Shavertown, property Kingston Township, $110,000. =0- Stephen Stearn Jr. and wife to Paul and Patricia Millette, RD 3, Wyoming, property Kingston Township, $77,000. -0- - Julia Traiges to Richard Engel- ¥ Lake Township, $26,000. O- Hazel VanHorn DeCarvalko to Commonwealth Telephone Com- pany, Dallas, property Dallas Township, $164,963. Mr. and Mrs. Joseph Miller of Centermoreland will observe their 70th wedding anniversary on Sunday. They were married on February 7, 1912, at the home of the bride's parents, the late Mr. and by the late Rev. Charles Sweet, who was pastor of the Avoca United Methodist Church at the time. Mrs. Miller is the former Miss Rhuea Ferguson. Mr. Miller is the son of the late Mr. and Mrs. John Miller, also of Avoca. Prior to his retirement, he was employed as a maintenance man for the former Hudson Coal Company in Luzerne and Lackawanna Counties. Both Mr. and Mrs. Miller are in fairly good health. Mrs. Miller will observe her 90th birthday on Sep- 90th birthday on April 22. They are members of the Dymond Hollow United Methodist Church and have resided at their present address about 39 years. The couple has two children: Russell Miller of West Pittston and Mrs. Leon (Jean) Race of Dallas. They also have 17 great grand- children and grandchildren. They will be honored at a reception at the home of their granddaughter, Mrs. Harriet Rought of Dymond Hollow. THE ELECTRIC RABBIT: BEULAH, that pleasant lady behind the counter at the Dallas Rea & Derick, has a little Rabbit. (The Volkwagen kind) BEULAH was going down the highway one morning last week and noticed that a lot of people were sending her signals of recognition. Even the guys in the highway department snow-plow were waving, and everyone knows those guys don’t see anything but snow. It wasn’t until she pulled into the parking lot that she realized the reason for her sudden rush of popularity. Seems BEULAH is one of those bright and always well organized persons. Freezing weather, for example, doesn’t concern her as far as her little Rabbit goes, for BEULAH has a fifty foot electric cord that keeps her Rabbit's oil warm and light for easy starting on those freezing mornings. Right. She forgot to unplug it thus this Rabbit's tale! -0- MISTER REDHEAD: We didn’t catch his name - Mr. Luveder? - but the jolly looking fellow at the Red Head (self-service) station on Memorial Highway, undauntedly refills those racks on the islands of pumps with oil spouts, spray bot- tles, ete. It's not that sales are way up, it’s that *‘borrowing’’ is way up. LO: HOT AND COLD FIREMEN: Franklin Twp.’s Fire Chief, ART even for volunteers. People sometimes don’t realize the costs of running a volunteer organization. For example, in just ten days of re- cent bitterly cold weather, the volunteer fire company had to plunk out about $260 for fuel just to keep the building and equipment at a very modest fifty-two degrees. that’s $780 for a month. If takes a lot of Bingo cards to make $780. : -0- As or press-time Monday, the Dallas Post was unable to track down a story concerning the shooting at a girl in a telephone booth at the intersection of Routes 118 and 29 in Lake Township. Chief Henry Stefanowicz, Lake Township, had his wife refer callers to the State Police. Neither the Wyoming nor the Shickshinny Troopers had any information on the alleged incident; nor did Ross Township. Lehman police were unavailable. According to a report in the Citizens Voice Monday morning, a girl reportedly was shot at Sunday afternoon while using the booth. She was not hit by the bullet, the Voice said. The unidentified girl repor- tedly told authorities the shot was fired from the vicinity of the parking lot of Mr. C Ice Cream Parlor, a distance of some 300 feet from the phone booth. Ed Casaldi, a Nanticoke resident and owner of the parlor, said he was out to his place of business Monday morning but saw no evidence of anyone having been around the store. “There were no footprints or tire tracks in the snow to show that anyone had been around there,” Casaldi told the Post. ‘However, I didn’t check around the back!’’ He also said he could see no way anyone could hit the booth from his establishment because there are two buildings in direct line between his place and the booth. ‘“The shot would have had to come from the highway or the field in back of my place,” he said. He did say that since opening the parlor about two years ago he has had trouble with vandals, and that last year he found some unused shotgun shells on the grounds. The parlor is closed during the winter months and opens in late March or early April. As April 15 draws’ near, more people will be looking for ways to save money on their income tax returns. One way of lowering taxes is througifan Individuai Retirement Account. I.R.A. contributions are fully deductible from your gross income and that may put you in a lower tax bracket. : “It is the thought of that potential tax break that interests most people in the I.R.A.,"’ says Sandra Mott, assistant vice president and branch manager in the Shavertown office of Franklin First Federal Savings and Loan. “If you can earn $20,000 and only pay on $18,000, you're talking about a lot of money. Married couples can save even more. There's no way you can lose,” she says. Richard Kutish, assistant vice president of First Eastern Bank in Dallas, was a little more cautious when speaking about the advan- tages of I.LR.A. for everyone: “If you think you are going to need the money, don’t put it in,’ he warns, “because there is a substantial penalty on withdrawals made be- fore the age of 59'». The young couple who is thinking about setting up an I.R.A. should be aware that they are tying up their money for a long time.’ The federal penalty tax is 10 per- cent on the amount you receive. That amount also becomes part of your taxable income for the year. ested in this plan but are confused because of the new tax laws passed psa this year,” said Mr. Kutish. ‘Some people have been into I.R.A.s for years. But this plan was not popular with professionals because they had a Keough plan which served their purposes. Now they find that they can have both.” : Previous to 1982, a person could only save 15 percent of his income, or the maximum amount of $1,500. Now, with the passage of the new tax laws, anyone who works may deposit up to $2,000 annually. Working couples may deposit a total of $4,000 and have this amount deducted from their income and not have to pay taxes on this amount until they are ready to retire. By that time, the couple will be in a lower tax bracket. “This is very exciting to a middle-income family, a high tax bracket and who has very little deductions,” said Mr. Kutish. He also feels that people are con- fused because of the many options ‘Everybody has them, and some- thing can be said for each plan. People have to decide what is im- portant to them. We don’t have a fee, as a brokerage house would have. Insurance companies have a life insurance plan involved. There are just so many different options it’s hard for people to decide which way to go,” says Mr. Kutish. “People are coming in with a lot of questions because this is some- thing new to most people and they have not had the time to really understand all the regulations be- cause they just came out. It’s diffi- cult for us to expalin because the laws are changing constantly. As people become more comfortable with I.R.As, we'll see an increase in involvement. I'm sure that in the near future accountants will generate business for this plan. Next year at this time, when people are ready to do their taxes, the first thing the acountant will ask is if they have an I.R.A. But a tax sheltered income is only half the reason for setting up an I.R.A. Beginning Jan. 1 of this year, all workers have the opportunity to build a more financial future. Recognizing that Social Security alone’ may be inadequate, especially in times of inflation, an I.LR.A. could be a sensible addition to financial planning. The new tax laws have also lifted the ceiling on how much interest the banks and other financial institutions could pay out in the form of interest. “It takes some perserverance to make it pay off,” says Mr. Kutish, “but that interest builds up over a long period of time. I think this is Ron Reagan’s private social security package and now everyone is able to join.” Mrs. Mott agrees. “With all the problems we have already seen in Social Security, the government had to come up with something. In a few years, the .R.A. is going to be as common as a savings account. For most people, whatever you can save is going to help.” Two others were unaccounted The charred bi
Significant historical Pennsylvania newspapers