The Liberty Vindicator from Liberty, Texas • Page 8

3 ikrrtf iberty, Texas, Thursday, August 22, 96 Social Security Checks Could Be Yours For A Year Liberty Co. persons who up for social security only lo gain Medicare coverage may learn that they will alao he drawing some checks for the year, according to Ralph Wilson, aoclal security Held represent at lvp for this area. For Instance, a person entitled to a monthly benefit of $122.90 who expects to earn $3000 In 1968 would draw a check of $17.40 for June 1968 and full cherks for the rest of the year. is possible because of of the lilieralDed retirement test under the present social security Wilson said. social security beneficiary can earn $1680 per year and draw his checks every month.

If his earnings are $2880 or less, an amount equal to one-half the earnings between $1680 and $2880 Is sub-- trscted from total benefits payable for the year. If earnings are over $2880, an additional one dollar for every dollar over $2880 Is subtracted from benefits payable. has been no change In the provision that a person can draw a check for each month that he Is age 72, regardless of his total earnings, for the A representative of the Beaumont Social Security Office will lie at the JP Courtroom In the Courthouse in Liberty on Wednesday, August 14, 21 and 28 from 9a.m. to 11 a.m. to assist Liberty Co.

people In filing claims for social benefits. PUBLIC NOTICE CONSTITUTIONAL AMENDMENT MHKK TUN ON THU HAI LOT (H.IIC>0) RE IT RESOLVED BY THE LEGISLATIVE OF THE STATE OF TEXAS: Section 1. That Article VIII. Constitution of the State oi Texas, hr amended by adding1 Section to read as follows: 1-j. Notwithstanding the provisions of Section 1 of this article, the Legisla ture ay provide for the refund the tax paid on the first sale of cigars and tobacco products in this state which are subsequently sold at retail within the corporate limits of Texarkana, Texas, or any incorporated city or town in Texas contiguous to Texarkana." Sec.

2. The foregoing constitutional amendment shall be submitted to a vote of the qualified electors of this state at an election to be held on the first Tuesday after the first Monday in November 1968, at which election all ballots shall have printed on them the following: the constitutional amendment authorizing the Legislature to provide for the refund of th? tax on cigars and tobacco products sold at retail within the corporate limits of Texarkana, Texas, or any incorporated city or town in Texas contiguous to the constitutional amendment authorizing the Legislature to provide for the refund of the tax on cigars and tobacco products sold at retail within the corporate limits of Texarkana, Texas, or any incorporated city or town in Texas contiguous to PUBLIC NOTICE Proposed CONSTITUTIONAL AMENDMENT MltKK HH KTK.KN ON THK VI.LOT (IMK22) BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS: Section 1. That the Constitution of Texas, Article III, be and the same is hereby amended by deleting therefrom Section 18, and substituting in lieu thereof the following: 18. No Senator or Representative shall, during the term for which he was elected, be eligible to (1) any civil office of profit under this State whifh shall have been created, or the emoluments of which may have been increased, during such term, or (2) any office or place, the appointment to which may be made, in whole or in part, by either branch of the Legislature; provided, however, the fact that the term of office of Senators and Representatives does not end precisely on the last day of December but extends a few days into January' of the succeeding year shall be considered as de minimis, and the ineligibility herein created shall terminate on the last day in December of the last full calendar year of the term for which he was elected. No member of either House shall vote for any other member for any office whatever, w'hich may be filled by a vote of the Legislature, except in such cases as are in this Constitution provided, nor shall any member of the Legislature be interested, either directly or indirectly, in any contract with the State, or any county thereof, authorized by any law passed during the term for which he was elected." Sec.

2. The foregoing constitutional amendment shall be submitted to a vote of the qualified electors of this state, at an election to be held throughout the state on the first Tuesday after the first Monday in November, 1968, at election all ballots shall have printed thereon the following: the constitutional amendment fixing the time during which members of the Legislature shall be ineligible to hold other the constitutional amendment fixing the time during which members of the Legislature shall be ineligible to hold other If it appears from the returns of such election that a majority of the votes cast therein are for such amendment, same shall become a part of the Constitution of Texas. Papa John Five Eights, 80, Papa John Likes Counting Eights If you had five appear in your birthdate, you could add another and let the world know you were 80 years young. That's the way it is with John LeNormand, be tter known as celebrated his 80th birthdate on August 8, 1968 and was born in 1888. He enjoyed the date I with his Immediate family.

lives at Rt. 1, Box 112, Hull, with his wife, May, daughter and husband, Mr. and Mrs. E.J. Rawllnson and grandchildren, Linda, Larry, and Ronnie.

He also has twin sons, Elton and Felton. Mr. and Mrs. Elton mand and four children live at Anahuac where he is employed by Texas Gulf Sulphur. He is also a school teacher in the Anahuac District.

Felton and son, Gary, live near Hull and he is employed by Vacuum Service. Other grandchildren are Mrs. Alan Patty of Lake Jackson, Mrs. Raymond Waltrlp of Liverpool and Jerry LeNormand of Hull presently in the US Army and serving in Vietnam. There are two brothers, Joe and Monroe LeNormand of Rt.

1, Hull and two sisters, Mrs. Iva Tanner of Dayton and Mrs. Gertrude Puce of Daisetta. There are also four great grandchildren. Papa John is a member of Mt.

Calvary Baptist Church at Marysee. Prior to retirement he was employed at the Liberty County Barn. He enjoys fox hunting, fishing, and taking care of his small farm. He is also proud of all the connected with his date. Petroleum Assn.

Pres. Hits Foreign Oil Trade TWO FOR TEXAS--Fanita Russell, San Antonio, and James Smith, 2233 Centennial Liberty are photographed above on the University of Michigan campus at Ann Arbor. Chip and Fanita, Texas safest and most skilled teenage drivers, went into the finals of the 1968 National Jaycee Safe-Driving Auto Road-E-O. Fanita took first place nationally and Chip Is still the top male teenage driver in the entire State of Texas. More than 400,000 teenagers from 2 300 communities competed in the program sponsored by the Lincoln-Mercury I)iv.

of the Ford Motor Co. Jim Harris, Jaycee project chairman, accompanied Chip to the national meet and they returned last week. Pennzoil United In Sulphur Work W.P. Morris, president of Duval Corporation, a owned subsidiary of Pennzoil United, headquartered here, announced today that the board of directors of Duval had authorized development of an elemental sulphur deposit in the eastern part of Culberson County, Texas. The planned facilities to mine the deposit will have a design production capacity of 2.5 million long tons of sulphur per year.

Design of the facilities is currently in progress. Completion of construction is planned for late 1969. Preliminary estimate of the total cost of the project Is $65 million. Financing plans for the project are currently under study. Based upon the drilling of some 85 test holes in the area believed to encompass PUBLIC NOTICE CONSTITUTIONAL AMENDMENT MHKK KKJIIT ON THE BALLOT (HJR49) BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS: Section 1.

Section 21 of Article 16 of the Constitution of the State of Texas is amended to read as follows: "Section 21. All stationery and printing, except proclamations and such printing as may be done at the Texas School for the Deaf, and paper, except that for the Judicial ment, shall be furnished under I contract, to be given to the lowest and best bidder under such regulations as shall be prescribed by law. No member or officer of any department of the government shall be in any way interested in such Sec. 2. The foregoing constitutional amendment shall be submitted to a vote of the qualified electors of this state at an election to be held on the first Tuesday after the first Monday in November 1968, at which election all ballots shall have printed thereon the following; "FOR the constitutional amendment removing certain provisions relating to pur chase of fuel and furbishing the rooms and halls of the Legislature and the requirement that the Governor, the Secretary of State, and the Comptroller must approve certain con tracts of purchase the constitution al amendment removing certain provisions relating to purchase of fuel and furbishing the rooms and halls of the Legislature and the re quirement that the Governor, the Secretary of State, and the Comptroller must approve certain contracts of purchase." the bulk of the sulphur des- positlon, Duval estimates recoverable sulphur reserves in that area of approximately 50 million tons.

The amount of recoverable reserves is based on a percentage of recovery considered normal for deposits mined by the Frasch process, and is believed reasonable by Duval. However, R.W. Whitehead Appointed Chief U.G. Accountant K. W.

Whitehead an accountant in United Gas system for 21 years, has been appointed head accountant of the distribution general accounting department and bill- I ing control section of United, it was announced by Norman J. Luke, group vice president of counting. I Whitehead. who irv- the Unnted organization at Monroe in 1947 and has been a senior accountant since 1967, succeeds E. C.

Shivers who recently was named head accountant for Pennzoil production division, Un- 'ion Union Producing Co. A native of Monroe, Whitehead received his early education there, graduated from Northeast Junior College of Monroe (now Northeast State College), and received his B. S. degree in accounting from Louisiana Polytechnic Institute. He complex i additional studies at the University of South Carolina and Harvard Graduate School of Business, and Is a member of the National Association of Accountants.

Whitehead served in the U. S. Navy during World War II (1942-46), reaching the rank of Lieutenant, Junior Grade. PUBLIC NOTICE CONSTITUTIONAL AMENDMENT NTMHKK ONK ON THK BAI.LOT (S.IK iil) SENATE JOINT RESOLUTION No. 39 proposing an amendment to Subsection (a) of Section 62, Article XVI of the Constitution of Texas, relating to establishment of a retirement, disability and death compensation fund for officers and employees of the state, so as to create as an agency of the State of Texas the Employees Retirement System of Texas, vesting the general administration and responsibility of the proper operation of said system in a state board of trustees to be known as the State Board of Trustees of the Employees Retirement System oi Texas, authorizing said Board to invest assets of said system in various obligations and subjects of investment, subject to certain restrictions stated therein and such other restrictions as may hereafter be provided by law; providing that contributions of members and the state shall not exceed at any time six per centum of the compensation paid to each such person by the state; providing that such Amendment shall be self-enacting; providing for the necessary election, form of ballot, proclamation, and publication; and declaring legislative intent that the adoption of this Joint Resolution shall constitute repeal of Senate Joint Resolution No.

3. previously adopted by this the 60th Legislature, so that the proposition as set forth in this Resolution may be submitted to the voters of this state in lieu proposition contained in Senate Joint Resolution No. 3. BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS: Section 1. That Subsection (a) of Section 62, Article XVI of the Constitution of the State of Texas be amended so as to read hereafter as follows: "Section 62.

(a) The Legislature shall have the authority to levy taxes to provide a State Retirement, Disability and Death Compensation Fund for the officers and employees of the state, and may make such I reasonable inclusions, exclu- sions, or classifications of officers and employees of this state as it deems advisable. The Legislature may also include officers and employees of judicial districts of the state who are or have been compensated in whole or in pail directly or indirectly by the state, and may make such other reasonable inclusions, ex- or classification of officers and employees of judicial districts of this state as it deems advisable. Persons participating in a retirement system created pursuant to Section 1-a of Article of this Constitution shall not be eligible to participate in the Fund authorized in this subsection; and persons participating in a retirement system created pursuant to Section 48-a of Article III of this Constitution shall not be eligible to participate in the Fund authorized in this subsection except as permitted by Section 63 of Article XVI of this Constitution. Provided, however, any officer or employee of a county as provided for in Article XVI, Section 62, Subsection (b) this Constitution, shall not be eligible to participate in the Fund authorized in this subsection, except as otherwise provided herein. The amount contributed by the state to such Fund shall equal the amount paid for the same purpose from the income of each such person, and shall not exceed at any time six per tum of the compensation paid to each such person by the state.

"There hereby created as an agency of the State of Tex- the State of Texas, both gen- successors, and provided fur as the Employees Retirement eral and special obligations, ther, that nty System of Texas, the rights of or in home office facilities to five per cent (L' at i be used in administering the one time of the book value of Employees Retirement System investments of said Fund shall including land, equipment, and be invested in Government and office building; or in such cor- Municipal Securities as enu- poration bonds, notes, other merated above. This Amend- evidences of indebtedness, and ment shall self-enacting corporation stocks, including and shall become effective im- common and preferred stocks, mediately upon its adoption of any corporation created or without any er.ahling legisla- existing under the laws of the United states or of any of the Sec. 2. The foregoing states of the United States, as stitutional Amendment shall said Board may deem to be submitted to a vote of the proper investments; provided qualified electors of this state that in making each and all at an to be held on membership in the re tirement privileges and benefits thereunder, and the management and operations of which shall be governed by the provisions herein contained and by present or hereafter enacted Acts of the Legislature not inconsistent herewith. The general administration and responsibility for the proper operation of said system are hereby vested in a State Board of Trustees, to be known as the State Board of Trustees of the Employees Retirement System of Texas, which Board shall be constituted and shall serve as mav now or hereafter provided by the Legislature of such investments said Board shall exercise the judgment and care under the circum stances then prevailing which men of ordinary prudence, dis Said Board shall exercise such cretion, and intelligence powers as are herein provided cise in the management of together with such other pow- their own affairs, not in re ers and duties not inconsistent gard to speculation but in re herewith as may be prescribed gard to the permanent dispo- by the Legislature.

All moneys sition of their funds, consid from whatever source coming ering the probable income into the Fund and all other se- therefrom as well as probable curities, moneys, and assets of safety of their capital; and the Employees Retirement further provided, that a suf System of Texas shall be ad ministered by said Board and said Board shall be the trustees thereof. The Treasurer of the State of Texas shall be custodian of said moneys and securities. Said board is hereby authorized and empowered to acquire, hold, manage, purchase, sell, assign, trade, transfer, and dispose of any securities, evidences of debt, and other investments in which said securities, moneys, and assets have been or may hereafter be invested by said Board. Said Board is hereby authorized and empowered to invest and reinvest any of said moneys, securities, and assets, as well as the proceeds of any of such investments, in bonds, notes, or other evidences of indebtedness issued, or assumed or guaranteed in whole or in part, by the United States or any agency of the United States, or by the State of Texas, or by any county, city, school district, municipal corporation, or other political subdivision of ficient sum shall be kept on hand to meet payments as. they become due each year under such retirement plan, as may I now or hereafter be provided by law.

Unless investments authorized herein are hereafter further restricted by an Act of the Legislature, no more than one per cent (1 of the book value of the total assets of the Employees Retirement System shall be invested in the stock of any one (1) corpora tion, nor shall more than five per cent of the voting stock of any one (1) corpora tion ow'ned; and provided further, that stocks eligible for purchase shall be restricted to stocks of companies incorporated within the United States which have paid cash dividends for ten (10) consecutive years or longer immediately prior to the date of purchase and which, except for bank stocks and insurance stocks, are listed upon an exchange registered with the Securities and Exchange Commission or its November 5, 1968, at which election all ballots shall have printed thereon the following; the Constitutional Amendment amending Subsection (a) of Section 62, Article XVI of the Consti tut ion of the of Texas relating to th(- Employees Retirement Fund and the Employees Retirement System of Texas, revising provisions for of moneys and other assets of the Fund, and changing other existing provisions and making other new provisions with respect to the administration of the Employees Retirement "AGAINST the Constitutional Amendment amending Subsection (a) of Section 62, Article XVI of the Constitution of State of Texas relating to the Employees Retirement Fund and the Employees Retirement Sys tem or Texas, revising provisions for investments of moneys and other assets of the Fund, and changing other existing provisions and making other new provisions with respect to the administration of the Employees Retirement Sec. 3. Governor of Texas shall issue the necessary Proclamation for the election and this Amendment shall be published in the manner and for the length of time required by the Constitution and laws of this State. there is relatively little operating history relating to such recoveries in formations other than those associated with salt domes. There is no salt dome indicated at the Culberson County location.

A small pilot plant was erected on the properly In mid- June and operated until early July. The results of this operation established to satisfaction the technical feasibility of extracting sulphur from the deposit by the rasch process and were sufficiently encouraging In Duval's opinion to justify construction of the proposed mining facilities. However, the economic aspects of the operation are subject to various technical and other factors which can be term lned only by sustained full-scale operations. i a 1 proposed 300,000 barrels per day foreign zone operation was termed po rtnnlsm" by Netum A. Steed, president of Texas Independent Producers and Royalty Owners Association.

Steed cited the request for a giant loophole In the Mandatory OH Import Porgramas a appempt to take advantage of Johnson proved willingness to subordinate the national security purpose to whatever objective Executive Department officials think desirable at the moment. If granted, the Occidental plan would result in 300,000 barrels of various petroleum products, one-third of which would be imported directly under quota into the United States from the Maine Coast trade zone site. Most of the remaining products would displace current domestic Industry markets for Incomes On Rise, Buying Power On Wane, Says Assn. The poor get poorer, and the rich get richer, goes the old saying, but the author of that phrase know much about economics and what inflation can do to a paycheck. The July issue of Finance acts, a monthly newsletter on consumer behavior published by the National Consumer Finance Association, points out that in order to maintain the same purchasing power, a man who earned from In 1949, would have to earn over more now than he did then.

Prices have increased by 44 since 1949, Increase in social security and federal income tax- ex have taken bigger bits out of take-home pay. The newsletter pointed out that a married couple with two children and a $5,000 Income in 1949, would need $7,661 before taxes to maintain the same purchasing power. To equal the purchasing power of a $10,000 Income in 1949, the same family would need $15,022 in 1968. The new income tax surcharge of 10S will place further drain on the purchasing power of a dollar. A married man with two children and a gross income of $10,000 will nou pay an additional tax of $98.00 for the period of April 1 to December 31, 1968.

feedstocks, military fuel used abroad and residual fuel. Said Steed: are frankly weary of seeing the oil Import program turned into a political football to serve special Interests. Wliatever political ends maybe served by handing out this bonanza, we believe the national security objective of Import curbs deserves primary consideration. own admission, thepar tic lpa ting companies here would be receiving such a bonanza that they could afford to lower various domestic product prices by at least 10 percent and still have enough to spare for a 20 cents per barrel grant to a hUrhlv-questionable New England project. protions of the 300,000 barrels day Import flow-four-fifths of which would come from unreliable North African sources-fall under the 12.2 ratio or not, granting of the proposal would result in a 25 percent Increase In non-reslduse imports into Districts I-IV.

such a grant would the doors wide to still other opportunistic companies in the oil Industry for similar grants in the future. VOX AMPLIFIER SOLID STATE ALL IRANSISTOR 5 button foot pedal with REVERB TREMOLO ECHO BASS with dual pick-up with 3 tone selector switch amp. was made In England and the bass was made In Italy. ALL THE EQUIPMENT IS IN EXCELLENT CONDITION, ONI 6 MONTHS OLD. CONTACT MARVIN POWELL AT DAYTON RADIO T.V.

Phone 258-2673 DAYTON, TEXAS Hot enough for you? And how 1 But let your electric service help you beat the heat, A cool house with air conditioning or electric fans tasty cool meals and cold desserts from the freezer and refrigerator. cooling drinks from the electric blender refreshing showers and baths thanks to the electric water heater. And all this cool comfort costs so little' Gulf States brings you this dependable electric service at such a low price that it's one of the biggest bargains in your family budget. STATES.