Illinois News Index

McHenry Plaindealer (McHenry, IL), 22 Aug 1974, p. 3

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PAGE 3 - PLAINDEALER-FRIDAY, ft Holiday Hospitality day, which will be held in Woodstock Oct. 2 from 10 a.m. to 5 p.m., is sponsored each year by the Woman's auxiliary of Memorial Hospital for McHenry County. Three homes will be opened to the public for touring that day. House -In-The-Wopds Among Tour Features When Holiday Hospitality day visitors tour the attractive country home of Dr. and Mrs. Edward Chereck Oct. 2 and see how perfectly it suits their special needs, it will come as no surprise to learn that the Cherecks designed the house themselves. Tucked snugly in among the trees in a lovely deep woods, it provides a welcome and often necessary peaceful retreat for a busy doctor. For Helen Chereck, whose continued interest and talents with natural materials of all kinds are well-known, this charming woodland home serves as an ideal year-round workshop. Huge field rocks and stately ferns stand sentinel along the drive, while small gardens of wildflowers and roses, casually contained by weathered railroad ties, garnish the informal open area outside the front door. Built in 1967 of rough-hewn cedar siding, this inviting house-in-the-woods blends beautifully into its secluded spot among the trees. The Holiday Hospitality day tour will take guests along a sheltered walk to a very private patio that faces into the dense woods beyond - a patio the Cherecks share in all seasons with industrious squirrels, chattering chipmunks and the more adventuresome song birds. Inside, much use is made of warm wood panelling and sturdy brick, giving a pervasive feeling of comfort and consonance. Groupings of favorite pictures and drawings, picked up on the Cherecks travels and found throughout the house, reflect their many and varied interests. Visitors will see Dr. Chereck's study, a quiet corner looking directly out onto the protected patio, where he can unwind and observe at leisure the activities of friendly and inquisitive woodfolk who trespass there. Down the hallway are the bedrooms of the Cherecks' two teen-age children. Across the hall, the master bedroom, done in soft browns and yellows, is serene and restful with one entire wall of windows looking into the surrounding woods. Helen Chereck has long been an active and especially gifted member of Mrs. William Kelly's group of Wonder Weeders. So it is particularly fitting that her own home should, this fall, be the felicitous showcase for an exhibit of the work of that artistic and dedicated group of auxiliary members. An ample storeroom downstairs will offer a congenial display area for the myriad of small arrangements of natural dried materials which the Wonder Weeders create each year with such skill and imagination. In the spacious family living room on the lower floor, tour guests will find a generous array of larger d e c o r a t i v e d r i e d arrangements. Samples of these will also be seen as part of the decor in appropriate places about the house. Holiday Hospitality day is an annual affair sponsored by the Woman's auxiliary of Memorial Hospital for McHenry County. This year's program includes a tour of three contemporary country homes and a harvest bazaar which will take place at the McHenry county fairgrounds. A first stop at the auxiliary's own Gift and Thrift Shop in the old courthouse is suggested, as well as a visit to the historic Opera House, both on the Square in Woodstock. For the convenience of guests on Holiday Hospitality day, luncheon will be served in Exhibit Hall D at the fairgrounds. THE LAW SERVES YOU Ail winnings from the Illinois State lottery are considered as taxable income and must be reported on your federal income tax return, according to Charles F. Miriani, district director of Internal Revenue Service for Northern Illinois. Ix>ttery winnings can only be reported on the long Form 1040, Miriani advised. It must be shown in the space provided as other income and added to the total amount of income. Taxpayers who it nize deductions on their federal income tax returns may deduct their gambling losses but only to the extent of their winnings. Those who win lottery prizes may be subject to filing an estimated tax declaration and paving a portion of the tax due shortly after receiving a prize Miriani pointed out that taxpayers may be able to avail themselves of the income averaging provision and reduce the amount of federal tax due on their winnings. Income averaging permits taxpayers who receive an unusually large amount of taxable income in one year to figure the tax for that year as though the income had been earned over a five year period. For further information about lottery winnings, declarations of estimated tax, or income averaging, Miriani suggests that taxpayers call the IRS toll-free. Residents in other Northern Illinois locations call 800-252-2921. Changes In Birth Certificates Adoption, change of name, even change of sex - there are numerous reasons why persons want to change their birth certificates J A change/in such a document is not as hard as it first might seem to be, according to the Illinois State Bar Association. A native of Illinois may have his or her birth certificate changed when that person supplies the state registrar of vital records of the Illinois Department of Public Health with any of the following: - A certificate of adoption or a certified copy of the decree of adoption together with the information necessary to identify the original certificate of birth and to establish the new certificate; except that a new certificate shall not be issued if so requested by the court decreeing the adoption, the adoptive parents, or the adopted person, -- A certificate of adoption or a certified copy of the decree of adoption entered in a court of competent jurisdiction of any other state or country declaring adopted a child born in the State of Illinois, together with the information necessary to identify the original certificate of birth and to establish the new certifirat except that a new certificate shall not be established if so requested by the court decreeing the adoption, the adoptive parents, or the adopted person; ~ A request that a new certificate be established and such evidence as required by regulation proving that such person has been legitimatized, or that a court of competent jurisdiction has determined the paternity of such a person; - An affidavit by a physician that he has performed an operation on a person, and that by reason of the operation the sex designation on such person's birth record should be changed The Illinois State Bar Association says, if no certificate of birth is on file for the person for whom a new certificate is to be established, a delayed record of birth shall be filed with the state registrar before a new certificate is established. A delayed record shall not be required when the date and place of birth and parentage have been established in the adoption proceedings. When a new certificate oi birth is established by the state registrar, all copies of the original certificate of birth in UOT a, 1174 AUGUST 14, 1974 V.A. NEWS EDITOR'S NOTE: Veterans and their families are asking thousands of questions concerning the benefits their Government provides for them through the Veterans Administration. Below are some representative queries. Additional information may be obtained at any VA office. A - Are female as well as male veterans a target of the Veterans Administration's "outreach" program which encourages high school dropouts to take advantage of the G.I. Bill education benefits? A - Yes, but fewer of the female veterans are educationally disadvantaged. According to VA statistics, only two of every 100 women Vietnam Era veterans had not completed high school before separation from military service. Q - Since the Veterans Administration, for effective planning purposes needs to know how many veterans it will be serving in the future, what has the agency to say about the veteran population in the \immediate years ahead? A - The veteran population, which currently stands in excess of 29.2 million, will continue to grow until late 1975, then start a steady decline, according to a recent VA projection. The people who picked the name United States really had a good idea. Maybe we ought to try it sometime. •4 >Vj Qui) *r, . ...• Ah Legend has it that amber is formed from the tears of birds! ••••••••••A*********"************* Vim ********** REGISTRATION FOR DANCE CLASSES AUG. 23rd-24th-30th-31st 12:00 to 5 P.M. PLEASE CALL OR VISIT OUR STUDIO TO RESERVE YOUR PLACE IN CLASS CLASSES START SEPT. 3rd--- ClTiCOBr TAP-ACROBATICS AND BALLET COMBINATION CLASSES SPECIAL PRE-SCHOOL CLASSES FOR TINY TOTS MODERN JAZZ BALLET-EXERCISE CLASSES for Teens & Adults TAP & TUMBLING FOR BOYS INTERMEDIATE AND ADVANCED ACROBATICS AND AERIAL TRAINING 3923 W. MAIN ST. McHENRY, ILL. 385-6077 385-5543 Studio Res. Member and Teacher of the National Association of Dance And Affiliated Artists Inc. g ^ ¥ ¥ ¥ ¥ ¥ ¥ ¥ ¥ ¥ ¥ ¥ ¥ ¥ ¥ ¥ ¥ ¥ ¥ ¥ ¥ ¥ ¥ ¥ * y ¥ ¥ ¥ ¥ ¥ ¥ ¥ ^ DUE 198* Floating commencing Iune hi. Semi-annually a' , . Holder .Repayable Sem on of tw D,„„^ i 1,1916 •^<h\TTi *•» "% H ,y7, * *br>Vf * W|II ^American Viewpoints Y o u s h a l l b e g o v e r n e d b y l a w s o f y o u r o w n m a k i n g , a n d l i v e a f r e e , a n d i f y o u w i l l , a s o b e r a n d i n d u s t r i o u s p e o p l e . I s h a l l n o t u s u r p t h e r i g h t o f a n y , o r o p p r e s s h i s p e r s o n . -- W i l l i a m P e n n THE HIGHEST PRICE PAIP AT AN AUCTION FOR A PAINTING WAS $5,544,000! IT WAS GIVEN FOR A PORTRAIT DONE BY DIEGO VELAZQUEZ. IN 1649 --CALLED "PORTRAIT OF JUAN DE PA RE J A". IT WAS PURCHASED AT THE CHRISTIE SALESROOMS, LONDONJN 1970, BY WILDENSTEIN GALLERY OF NEW YORK. THIS SAME PAINTING WAS SOLD AT AUCTION IN 1801 FOR ABOUT ^200/ k i * 1 *t i '•& Once, a dirty dusted Now, it's paperback book was reissued in Great Orator; EDM the custody of any custodian of permanent local records in this state shall be transmitted to the state registrar and shall be sealed from iaspection ARTIST VELAZQUEZ PAINTED THIS MASTERPIECE IN ROME AS AN EXERCISE BEFORE HE DID THE PORTRAIT OF THE POPE. -WAS THE CHIEF SPEAKER AT " GETTYSBURG ON THE DAY THAT ABP^AHAM LINCOLN DELIVERED HIS FAMOUS 267-WORD ADDRESS. EVERETT PREDICTED THAT LINCOLN'S SPEECH WOULD LIVE FOR. _ GENERATIONS. ..HIS CWN FORGOTTEN., EVWARD EVERETT The 'Floating Rate' Note REPORTER pRosPECTUs TTio PL ,20°.ooo,ooo CW Manhattan Cor,, . n-"* R.u Nou, rporat,on ^ Option of the Ho^i IIH{ 1'lil ih lih j 1 ---•i ,icrri( - Ot Haltk, ot°l?V Un"'<"-«d d, "J- k.nk TJ,, No •"'"•mum pnnopjl 4 ^PplxarKir wil l hr ^ BU " "* .« ,Z '°vrrOfhfnc or 11 ?nr*>P*l 4(TVHint , n, ,< Ani .. * P^rt-di tKprv* rr_ n ' P'w luruf ^ R,drm °pi,0n (hr KoMr i"*»>*** on I ^aemptmn t , *• * chrrrof ' ' 'a* 'ISSION IVOR OR 0,MPPRovpn „ 'fQtMCV commissi,^ „fly "if I ^ ^ ^ ^ ^ f£a SPelMe fue Chef A lain and Louise are pleased to announce their restaurant is now open Wednesday through Saturday for lunch and dinner. They offer a very special Sunday Brunch. 220 S. Rt. 120 in Lakemore (East oj McHenry) for reservations: (815) 385- 7495 1^ vijr ki> 2 ilj ;4l 7' »S« -- I HI li r>" """""" . v (fPHOl f P °« ,> IMF"' 'Vn«i»POV THt 4«l *'4CV , * ( < K I F l > I S Tt.KF.XT Ih r u l l f I " " * '• JK Ml \i - tour, I j*. (ton NOON MASS OUT'DE 1 1 SUNDAY AUGUST 25 SAINT JOHN'S BIG KICK-OFF PARISH PICNIC ADULT & YOUTH GAMES f f Qi\ 3 KENTUCKY FRIED CHICKEN Chicken, salad, roll, corn - Included Children-Age G-6^75CJ- 1 piece & abcej Age 6-10 - $1.50-2 pieces & above I Age II adult - $3.00-4 pieces & abo\. j Jumbo plate - $4.00-6 pieces & above BBQ & Chips - 75c - Extra corn - 25c BEGINS - 2:00 P.M, Soda 15' Coffee 10' ENTERTAINMENT Restoration Presentation Musical Program La Petite A-Go-Go Ole Johnsburg Players Checker Board Squares BEGINS 3:30 P.M. At The Johnsburg Beer 25c Bar Open 1;00PJVl. Community Club Grounds NOTE: This Ad Donated by ^^EL^^^PARISHONER TOM HUEMANN - WATER CONDITIONING 385-3093 zoo !foo»/L o O S P E C T U S $650,00(^00° \ : SICU*I"K ^ ^ r " ' ' " 1 ' tXCHAN^,. THE a tnd f2> FKKUHIHMV PKOSPBCTVS luarii Jaly 30. 19'* $150,000,000 Sondaril OH Company O I « ' '1 * , orpor«tK"<) K i T i : N O T E S p i F ' 9 H Q I I . O A T I X principal hr option oI Ihr bold The Facts... and the Risks... on those Floating Rate Notes The financial press is filled these days with news items about "floating rate" notes--some by big bank holding companies, others by big business firms. Here's what YOU should know about "floating rate" notes--the facts and the risks--and why you should THINK before you invest your savings in these notes. Historically, corporations raise funds by borrowing from banks or by selling stocks or bonds. But inflation and soaring interest rates have "dried up" some of these traditional sources and made others very expensive. Consequently, by selling "floating rate notes" to savings depositors, some corporations now seek to cultivate a new source of funds. In effect they are making an "end run" around the system of insured savings deposits in banks and savings and loan associations that has been the backbone of the American financial structure since the 1930s. Banks and savings associations are "intermediaries" taking savings from the public and lending it to ultimate users. Since the Depression, to protect the public, banks and savings associations were placed under strict supervision and federal agencies were formed to insure the public's savings against loss. To avoid destructive competition for savings, ceilings have been im­ posed on savings deposits. But through these "floating rate notes;' corporations are now drawing new money into the uninsured world of "commercial paper'.' These notes, most of which have yields tied to Treasury bill rates, are significantly different than savings deposits because: • They are NOT insured by a federal agency, as are deposits in savings associations and banks. • Instead, they are the UNSECURED OBLIGATIONS of the corporations and institutions issuing them. • You DO NOT KNOW what interest rates these obligations will earn for you after the first year. Treasury bill rates swing widely, and in some recent years were below insured savings rates. • You DO NOT KNOW what you could get for these obligations if you had to sell them in the open market before maturity. • These notes ARE NOT UNIFORM on such key provisions as redemption privileges, how rates are figured and whether the issuer can call them from you. You must read the "fine print" carefully to know what you are buying. In the case of notes issued by commercial bank holding companies, there are these additional important facts: • Bank holding companies ARE NOT SUBJECT to the regulations and supervision which banks are. • Money raised through the sale of these notes fS NOT USED FOR BANKING PURPOSES It is used for A WIDE RANGE OF GENERAL BUSI­ NESS ENTERPRISES in which firms owned by the holding companies engage REMEMBER --no saver has ever lost a penny covered by Federal Deposit Insurance in a bank or savings association. But funds invested in notes issued by private corporations, whether they be bank holding com­ panies or other types of business, CAN be lost if these corporations are unable to meet their obligations. • \ l "" "1"' " , a«d " drh , „f II- s f i t ,•/ Mo-f' yio' l ' f 1*1 .... .» )• McHENRY S A V I N G S & L O A N A S S O C I A T I O N .'f'nw ft'i .'hxu .^/weiiwrj . . . .frxlay! P. 0. BOX 566 1209 N. GREEN STREET McHENRY, ILLINOIS Phont: 385-3000

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