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The Daily Mail from Hagerstown, Maryland • Page 24

Publication:
The Daily Maili
Location:
Hagerstown, Maryland
Issue Date:
Page:
24
Extracted Article Text (OCR)

twinty-Four--THE DAILY MAIL, Hagcrstown, Md. Mondiy, January H4S CMT YOUR OWN TAXES (Firsf Of A Series) Forget All The Old Rules: You Have To Learn New Ones By RAY Da CRANE Newspaper Enterprise Assn. Forget all you learned about Income tax last year. Under no circumstances will you use last year's income tax return as a guide for this year. These two sentences sum up the best advice that can be given as we all prepare to file our annual tax return by April 15 1965.

The new tax act passed by Congress in 1964 includes sweeping changes and varied benefits so that the best thinj to do is to start to learn al! over again. Rates have been reduced across the board of everyone. The tax rate in the lowest bracket reduced from 20 per cent to 16 per cent for rate at the top has been trimmed from 91 per cent to 77 per cent. And in 1965 these rates will be further reduced to 14 per cent at the bottom and 70 per cent at the top. A new Minimum Standard Deduction has been introduced.

This will be a break lor a families with total incomes less than $10,000. Formerly a payer who didn't itemize hi! deductions could take a standard deduction of 10 per cent of his gross income. The new Minimum Standard Deduction gives him still another option. Instead of settling on 10 per deductions he may deduct $200 plus an additional $100 for each exemption. For example, the man with four dependent children will be able to deduct S800 on his joint return instead of the $700 allowed a year ago.

Other revisions in the law provide new rules for reporting the income on stock dividends. For the family with modest stock holdings it probably will mean that all of its dividend income will be tax exempt. Those with substantial stock holdings and retired couples may find Ihcy be paying a higher tax than formerly on dividends. Golden agers were remembered in several instances by the tax law writers. They will find special provisions them on liberalized retirement income credits, new rules for medical expenses and once-in-a-lifetime special tax rules they may follow when they sell their personal resi dence at a substantial profit.

Most of us felt Ihc first bene 'its of the new tax reductions ast March when a smaller bite was taken out of our pa checks for the withholding tax. a taxpayers will learn to their regret when Ihcy lilc thei annual income tax return tha the added take-home pay slarled to receive last Marc! was too generous. Many vii. have to return a part of il wilh payment of additional ta when they file their returns. This situation results beeaus the reduced withholding tax ta bles are attuned to the lowe 1965 rales mil were too gener oils for the tax rates.

Never before has there, bee such a need for accuracy i the filing of returns. With the requirement oi supplying your social security to a where you a savings accounts, corporations from whom you re ceive i i and all env ployers who pay you wages or a a a has a near-perfect check or i a all your income. 1 Wilh its new electronic enuii menl I a agen can iced into a computer all tli cards bearing your Social Si curity number and determine i seconds if all these items of in come are reported on your turn, In these, articles we will try lo poinl out every possible deduction and laxsaving device for vou. You will report everylhing which intisl be shown on your return but will lake full advan- age of every lax-saving oppor- SHE LOVES CATS Mrs. Daphne Handley, British divorcee who disapproves of U.S.

attitude towards cats, poses with three she saved from destruction in Los Angeles, Calif. She has exported many of the" stray felines to her home in Chelsea, Calif. (AP Wirephoto) Delegate Floor Leader Will Ask ewriting Of State Constitution (NEXT: The Minimum Standard Deduction.) You can get additional, valuable tax help from a new 64- page book "Cut Your Taxes," available only through The Daily Mail. The book contains all of the information included in series appearing in The Daily Mail PLUS much more. To order a copy, simply mail the coupon below, or send your name, address and 50 cents to "Cut Your Own Taxes," c-o The Daily Mail, P.O.

Box 489, Dept. Radio City Station, New York 19, N.Y. HAVRE DE GRACE, AP) The Democratic Md. floor ader in the House of Delegates ill start the bail rolling for a onvcntion to rewrite the stale onstitulion when (he General Assembly convenes Jan. 20.

Del. W. Dale Hess, D-Harford, aid today he lias a bill ready or introduction to set up ma- hinery for the first overhauling if the constitution since 1867. It will be the first time that a majority leader has initiated a constitutional convention. Rc- cated efforts in the recent past have failed, 'In the lighCof such far reading court decisions as Icgisla- ivc reapportionment, 1 feel the ime has come to discontinue lalchwork by amendment on the constitution," Hess said.

"A general revision also would jive the people an opportunity be heard." Any constitutional changes would be put on the ballot in a special election in Juno, under the Hess bill. Delegates to the convention would be chosen in another spe- cia election next Sept. 14. The number would be according to and Baltimore entitled to two rt After 46 Years population. Each county City would be On Two Counts A Hagerslown man whose auto involved in an accident las niglil, was sentenced lo "Cut Our Own Taxes" c-o The Daily Mai! Summit Hagerstown, Md Please send me copies of SO cents per copy.

Enclosed is for 5 City (Make checks payable to I il "Cut Your Own Taxes" at my check or money order I State 1 The Xerald-Mail Co.) This year a fresh a is necessary. Charles R. Mask, agent for the Baltimore and Ohio Hail- road, retired Thursday a more than 46 years with the railroad. Mask slarled with BO as clerk in 1918 in Frederick. After' 15 years' he a Hagcrs- town as chief clerk.

In 1953 lie was appointed agcni. and liis wife reside in Creenberry Hills. have Iwo daughters, Mrs. Frederick R. Howe Silver.Spring, and Mrs Keith Beyard, Green- 11 berry Hills.

They also have grandchildren. The retiring railroader is past grand knight of the Pangborn Council No. 1365 and past faithful navigator of 4th Degree of the Knights of Columbus. He is also past president of the a i Club arid pasi worthy president of the F.O.E. No.

He served as Ircnsur- 30 days in jail in lieu of $22; ind costs fines on charges under the influence alcohol and reckless driving. Pleading guilty to both charges before Magistrate Robert Kuczynski was Oclell M. Frazier, 35, of Rt. 3. Tfc.

Richard Poffcnbcrger said Frazier's auto struck a telephone pole and another auto last night near Funkstown on the Bciiver Creek Road. Poffenbergcr said Frazier was traveling east on the road when hij car ran out nf control, struck the pole, traveled lor 300 ft. down the side of the road and then ran into a car operated by Phoebe Mallol, Rt. 1. Hag- erslown, which was proceeding east on the Beaver Creek Rd.

The Frazier car drove Mallott car onlo the front lawn of a house, the trooper explained. ip to a population of 50.000. A additional delegate would be a owed for each additional nun er of residents between 25,00 and 50,000. Hess proposes thai the co mention open in Annapolis Sept. 28 wilh a deadline of fi shing its business by Jan.

196G. The Hess plans for speci elections delegates ai on any constitutional chang ivould avoid any question of jority approval which stymi convention 15 years ago. The subject was on the ball as required every 20 years an it was approved overhwlmin those voting one way or other. However, the legislatu refused to act on the ground th il was approved overwhelmina ity of all (hose who went to polls lo also vole on candidal for office. If Ihe legislature fails to act First Visit Of Year Set ly Bloodmobile The first visit of the Red Cross oodmobile in 1905 is set for is coming Monday, Jan.

11. Monday's visit of the mobile ood collection unit will be open the general public. It will be eld in the auditorium building the grounds of Washington ounty Hospital, with donors beg accommodated from 10 in morning until 5:45 in the lernoon. Curbside parking a- ng King in the area of auditorium, will reserved donors during the hours of ie visit. A hospital spokesman, citing ie urgent need for blood at local institution, revealed to ay that a total of 2,731 pints whole blood was administer- to patients at the hospital uring 1964.

This figure doesn't ake into the account the addi onal amounts supplied patients i the form of blood deriva- ves, such as serum albumin, amma globulin and plasma. Human blood," points out Irs. Clement J. Ferling, chair lan of the local Red Cross lood Program, "is probably he most dynamic new miracle vorker in the field of medicine viewer than penicillin in some espects, in whole form and in Is many tractionalions it i iccoming increasingly iseful in saving lives, fighting isease and a i a i i norma "The blood flowing in continues Mrs. Ferling 'is today's most a a i mcui inc.

Growing awareness of it imitless uses has placed mportance on the program fo cgular collection of blood fron ionors. When all of the man jloort types are available i dequate quantities, miracle arc possible in the hospital erum albumin saves the live jf many suffering from shock complete replacement of MOCK containing incompatible antitiod ics is possible for.infants, open leart surgery operations can performed with minimum risk. Although Monday's Bloodmo bile visit is open to the publv and regular donors in the are are urged to help meet the quo PERSONALITY PROFILE City Comptroller Wandell Once Known As 'Undertaker 1 By Once PHIL he was Charles (The Undertaker) Wandel, the Fair- hild Aircraft Corporation's ace oubleshooler, flying around the unlry reorganizing divisions nd subsidiaries, a i i 1 employes call- I him "The Undertaker" or The Fireman," depending on ow they were affected by his ecommcndations. Now Wandel has put his ac- ounting knowledge at the scr- ee of the city of Hagcrstown, ut his job as City Comptroller asn't earned him any nick- ames yet. He decided on an account- ng or similar career as a youth in Pittsburgh, Pa.

"From he time I was a little kid, I worked in my father's machine shop," he said, "I didn't like grease, and it seemed the greasier my hands got, the more my face itched. I figured I'd like to have a job where I could keep my hands clean," lie'worked his way up from ffice boy to chief accpuntan or the Jones and l.auphlin Stee but let! to take a job vith the Fokkcr Aircraft Co II 1S28. The nation's fledgling airplan ndustry only employed 25,000 eople in those days, but Wan ta of 200 pints, the hospital employees and members of i Women's Auxiliary also 11 make a special effort to el nates blood while the temporal Blood Center is set up in th hospital auditorium. Mew Officers SHARPSBURG The Sharps- on the Hess plan or any others for a convention before then, the proposal will be on the ballot again anyway in 970, burg Fire Company elected new officers nounced the winners annual contest. Thurman, Jamison Miss Mallott.

said Poffenbcr- gcr, suffered a cut lip in the accident. Frazier's car was lo tally demolished and damages lo the Mallot auto were csti cr of Ihc F.O.E. He is a her of Ihe Hagcrstown Chamber of Commerce. BO Veter- malcel at $400. Tawes Approves Plan For House BALTIMORE A i i e.ich state legislature lo be Tawes says he approves of the on some basis oilier present plan to reapportion a a i House'of Delegates lo Tawes said a i "on i i to the Supreme Court's "onej thought" he would be against a hian, one vote 11 ruling.

to legalize lotteries and However, Tawes said in a lei-: off-track betting. 1 evision interview a a A Baltimore a News Conference," millcc had complained about that he doubts Ihc plan to rcap-ithe i and money spent in portion the stale Senate i to halt illegal gambling. meet the Supreme Court test. The group snid the public con- aas, and St. Joseph's Catholic Church.

Mask is a former scoutmaster of SI. a Boy Scout Troop, YOU WON'T SUPPLE MENTAL HEAT of a fireplac. to keep you warm uhcrc you hav a modern Mobile Oil burner fur mice. a i Mobile Dis trihufor. R1-: 9-5275.

and he is withhplding lii.s ap proval of il. The governor said hr support an effort to a a con Etitutional amendment which allow at least one house donecl lotteries and a bet- ling, Funkstown Fire Company Meets Crash Woman, Wrecks Ten Airplanes LA POJITE, Tex. A A woman was trapped and burned jlo death and her husband in- The Fire Co.ljnrcd when their car left a high- will hold its first meeting of a Sunday night, hurtled new year lonight al fi p.m. a an airplane hangar and the fire hall. hurst inlo flames.

Ten airplanes were destroyed. The woman was Mrs. Paul I Troy Crawford, 23, of Houston. considered and President I Her husband, 34. was hospi- Jack Smith requests a talized with second- and third- turnout, 'degree burns.

The Kcv. Donald Brake will Install the officers for the com ing year. Routine business For Renovation and Vacation RED BYRD RESTAURANT Md. Route 34 at Keedysville STARTING TODAY, JAN. 4 Will Reopen Feb.

5 Due to the death of J. Arthur Speicher 1he offices of Wright, Speicher Gardner i be closed Monday afternoon, January 4, 1965 Prosecutor Asks ritninal Law Be Updated BALTIMORE A Charier E. Moylan Baltimore prose ciitor, says he urge the recently and afi- ef their elect- del had teen impressed by ergh's flight across the Allan ic and "Ihe whole thing sound cd intriguing to 1 he said. One day in 1934, while driving Baltimore to California, he stopped in Hagerstown to see an old friend, and, as result of this conversation, took a "modest job" with the Krider-Reiser Aircraft Co. here.

Soon after Krider Reisner became the Fairchild Aircraft Corp. From 1KM to J960, Wand was in and out ot Hagerslown Fairchild was down to 75 80 employes in 1938, Wand said, and lie look a job in Louis, but was called back i 1940 to he office and pcrsoiuv a a In 1941, it was down to Bu lington. N.C., lo lake a wartime plant down there; 1945, this a a closed an he was back in Hagerslown accounting manager of the ai craft division; in 1G47, he wei Oak Ridge, to be com roller for the secret NET Nuclear Energy Propulsion Aircraft) project i 'cars. Everything was secret on tl SEPA "project, Wandel a i 'Even the meaning of the wo: VEPA was secret." He sa people, on the project called ca ither code names. eneral Assembly to "update he i i a law" of Marylanc raising the status of nine of crimes from misdemeanor to felony.

Moylan said the nine types of crimes are abduction, abortion, statutory arson, statutory burg- escape, use of a machine gun to perpelrato a crime of violence, statutory mayhem, attempting to poison a person, and ed president ot this group for his year. The winner of the contest was Clarence Crisp. He won a $50 gift certificate for a day of shop in the community. Other winners were Frances Hammond and Paul Wyand. Richard Turner was elected vice president of the company The new treasurer is Theodore recording secretary James Elliott, corresponding secretary, Merle Bussarcl.

Other officers are: fire chief. Warren Davis; chief pipcman, Turner, standing committee: Otha Krelzer, Bussard, Elliott, Gene McGraw, and Turner. RUBBER STAMPS We make 'em in a jiffy! Stouffer CHARLES WANDELL a sideline, Wandel of his friends organized As iome Atlas Engineering which al one time employed 200 icoplc and designed the first J.S. laboratory for Dr. W.erner Von Braun.

Wandel has always felt that accounting is the key lo modern industry, of whatever kind. The next phase of his career gave him a chance to test this philosophy. He was trouble shooter tor nd was temporary general lanager of the guided missies ivision on Long Island, of the iced control divisions in Ohio nd Florida, and a on his ext to last job for Fairchild, Jonco Aircraft, a subsidiary Shawnee, Okla. His last assignment was a of Fairchild's boal con- imclion program. He was slill earning what there was to now about boats when one day October, 1960, he was told ot to report back the next day, Wandel is philosophic about this abrupt end to 25 years of employment.

He often had the job of closing down plants and letting other cteople go, he said; so he doesn't feel ha has any right to complain about losing his own job In a corporate reorganization. He lived in semi-retirement or a few years, and then Mayor Vinslow F. Burhans in June, 963, offered him the job as Comptroller of the City of Hag- erslown. "I had had enough of and I had had enough )f traveling." Wandel said, "so Wandel is now working on two main projects: a study of machine accounting for the on which "considerable progress" has been made, and on which he hopes to make some recommendations soon; and a complete financial analysis of alt the city's operations, which also is largely complete except for the Municipal Electric Light Plant. He makes his home at 1849 Preston Rd.

wilh his wife, Mrs. Dorothy R. Wandel. His two daughters were married to ministers in a double and wedding. One is the widow of Ihc late Rev.

George Bowden, of I the olhcr is married lo Ihc Rev. Rufus B. Cuthbertson. of Atlanta. Ga.

Wandel said with a smile a he has no hobbies following the slock market "For Fairchild, and it was that he earned his nicknames. He worked in all Fairchild's plants, so many years, I had time But I don't I've had a life." he said, "all to do was work, regret it. I think very interesting TRI STATE SANITARY SUPPLY 524 Frederick St. Mops Wet, dust, sponge, mop buckets. Adv.

Printing Co. Dial RE 9-1200. Aclv HECK'S BEAUTY SALON 111 King St. Phone RE 9-51158. Open Every Day ft Evenings.

Adv BUILDING MATERIALS COAL --FUEL OIL PHONE RE 3-2200 5 GENERATIONS OF SATISFIED CUSTOMERS 5 ERNEST V. WACHS and WILLIAM P. KREYKENBOHM Announce the formation of a partnership for the general practice of law under the name and style of WACHS and KREYKENBOHM offices at The Wareham Building 138 W. WASHINGTON STREET HAGERSTOWN, MARYLAND 21740 Area Code 301 739-5340 January 1, 1965 WED. DISCOUNT SALE CHUCK ROAST dean) 23c CHUCK or CLUB STEAKS Ib.

33c (IronIK) Href i 1.00 Sikcd Racon 3 1.CIO Spmnpp Ih, Sflc Pork Chnp.s Ibs, LOO Salted Herring 3 1.00 Sausage 3 His. 1 no Ham Sprrari 11), 'We Smokcri Sausage 3 Ibs. 1.00 SIRLOIN or RIB STEAKS Ib. 39c ROUND or CUBE STEAKS Ib 49c SOUTH END MARKET 82,1 Potomac St. IT'S PRACTICAL! IT'S COMFORTABLE! IT'S THE ALL AROUND CAR WITH LOW PRICE AND ECONOMY THE FIAT FULLY EQUIPPED AND 40 MILES PER TOO! ONLY $195 DOWN and $39.00 MONTHLY SEE IT! I IT! BUY IT TODAY AT MOTORS 672 Oak Iim Avc WW I Phone 733-2300 MANAGER OF OFFICE BUILDING Retired or Pensioned Person of high calibre and character requested.

Light physical duties including simple bookkeeping, records and personnel supervision. Ability will govern a flexible schedule. Phone RE 9-0171 George L. Schindel Leo H. Miller, Edwin H.

Miller and Robert E. Kuczynski announce the formation of a partnership for the general practice of law under the name and style of Miller, Miller Kuczynski. with offices in Maryland National Bank Building 82 West Washington Street Hagerstown, Md. IS OUR BUSINESS Savings Loan Association 122-128 W. Washington St.

RE 3-6300 Free Parking in rear oj our building 3 DAYS ONLY Let Wards Install Heavy Duty Shocks ON YOUR CAR NOW ALL FOUR SHOCKS INSTALLED ALL 4 STANDARD SHOCKS LUBRICATION 99c with QIL CHANGE CHECK OUR SPECIAL TIRE PRICES Balancee 1.50 cr whcei-4 for 5 QO Weights Incl. MONTGOMERY WARD AUTO SERVICE 22 W. Antietam St. RE 9-3660.

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Years Available:
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