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Stoffel and Reihansperger observe 100th anniversary PAGE 5 - PLAINDEALER - FRIDAY APRIL 20, 1984 Herb Reihansperger, left, president of Stoffel and Reihansperger, Inc. accepts a scroll from Brace Jacobson of Continental Insurance Companies in honor of the 100th anniversary of the McHenry in­ surance company. The McHenry insurance company, Stoffel and Reihan­ sperger. Inc. recently observed its 100th year of business. In honor of 100 years of representation with the Con­ tinental Insurance Companies, a representative, Bruce Jacobson, resident vice president, presented the company an engrossed scroll. "Our organization has grown and prospered during your period of association and we wish to acknowledge your contribution to this success," said Jacobson during the presentation. "We thank you for your loyalty and sincerely trust that your splendid represen­ tation of our company will continue for many years to come." Herb Reihansperger, president of Stoffel and Reihansperger, accepted the scroll. The company was founded in 1884 by Simon Stoffel, grand­ father of Herb Reihansperger. Over 100 years, and several changes in location, the company remains one of McHenry's oldest businesses. Tax advantages in real estate cited BY Yvonne Beer, Executive Vice-president McHenry County Board of Realtors Many potential home buyers, seeking their first home or condominium, are unsure about tax advantages involving real estate and how they work. Taking advantage of these tax breaks is fairly simple and contributes to the affordability of housing. To begin with, all real estate taxes and mortgage interest payments on your home are deductible on your federal in­ come tax return. Financial institutions often supply year- end statements on the total amount of interest paid on the mortgage during the year. When you first purchase a home, tax advantages are particularly large. Mortgage interest accounts for almost the entire amount of the monthly payment during the first few years. This, along with the amount paid in property taxes, can be deducted on your federal tax return. Itemizing these deductions is easier than most people would imagine. ealtors ECORD Real estate tax advantages have a direct bearing on housing affordability. Instead of waiting for a tax refund to recover these savings, you may wish to change the number of exemptions on your form W-4 with your ' em­ ployer. This will increase the size of your paycheck and make it easier to handle monthly mortgage payments. The term "net monthly payment" frequently is seen in real estate ads. This simply means the monthly mortgage payment, adjusted for income tax advantages. A realtor, a real estate professional who is a member of the National Association of Realtors, can explain what these advantages mean for someone in your in­ come bracket. Net monthly mortgage payments often are comparable to rait on similar properties. Yet by owning your home, you are building equity and with a fixed-rate mortgage, total monthly payments are constant while rent on comparable 4901 W. ELM ST. McHENRY, ILL. (Plaindealer photo by Mike Lamb) Award to Baskin-Robbins Francis Hallisy, left, one of the directors of the American Dairy Association of Illinois, presents Linda Bykowski of the new Baskin- Robbins store in McHenry with the Real Seal Award that is given to a store that uses and sells quality dairy products. The McHenry store is the first one in over 2,700 Baskin-Robbins stores nationwide to qualify for and receive the honor. Happy Sweet 16, Candy The Family 1984 TOM, Thanks for a Job Well Done From Your Family & Friends I Call Tom and Wish Him a HAPPY BIRTHDAY. [LIMITED TIME| BONUS COUPON lExpires April 21, 19841 Purchase of Any Kinotico Water Conditioner ' Coupon mutt be presented at time of purchase NOW •24,500 AT GARY UNO'S. W5J/-tt muz here & * there in Business ® IIP* EVAN W. LEWIS ATTORNEY • :: : McHenry resideht observes 25 th year at industry ALFRED BALLSTAEDT Alfred Ballstaedt of McHenry has been at TC Industries, Inc. of Crystal Lake for 25 years. He started in the heat treat department of American Steel Treating Co. and was later transferred to maintenance. Ballstaedt is plant engineer at TC Industries, Inc. He is the chief of the Plant Emergency Team and a member of the Plant Safety Committee. „ Fred and his wife Kathleen "Kitty" are active members of the McHenry Country Club. properties usually continues to rise. In addition to tax savings, homeownership offers shelter, a good investment, and pride of ownership. SHOWCASE '84 The Naperville Heritage Society has announced plans for a new spring event, Designers Showcase *84. The home of the late Judge Win G. Knoch will be decorated as a showcase featuring the work of nine local, professional, interior designers, each of whom will completely decorate and furnish a room in the residence^at 501 N. Main StreeT in Naperville. The Designers Showcase will be opened to the public for 22 days beginning May 6 and ending May 27. Call (312) 420-6010 for more information. CELEBRATE EASTER WITH US! •ELEGANT BRUNCH Serving fr°m 9 * made to order Crepes, ^SW«":F-hFrui,lPlttS much morel hom 3 P-">- ' P ™mb B3keaH.ni. R°«> WtAMHOWV OPEN FOR 60LF Come & en'oy °eUrt̂ eeWon our direct CHAPEL HILL CLUB fy LUUn i l v '̂ 0̂ w CHAPELHILLRD. 2500^. MtH£NRY 813-383-0333 •vii 0RI8INAUY OVER *27,000 /6TTE LIQUIDATION JSSl Get to Know Kinotico WATER CONMHONINC Div. of Huomonn Water Mgt., Inc. SERVING NORTHERN ILLINOIS FOR OVER 20 YEARS Fro* Water Test A Rontol Rotes on Request 3407 Chapal Hill Road "Johnsburg" McHonry, IL MOM Sarvico on All Makos 815-385-3093 24 Hours 1977 DOME COLT AUTOMATIC. AM/FM. 10* MILES 1*77 MAUN CLASSIC V-8, AUTO, POWER STEERING, A/C. AM/FM, LUGGAGE RACK 1980 FORD FIESTA GAS-SAVING 4 CYLINDER • 4 SPEED 1980 CHEVY CITATION 4 DR. L0A0E0. TU TONE PAINT ANO LOTS MORE 1977 MERCORY COUOAR V-8 AUTOMATIC. POWER STEERING S BRAKES 1980 MAZDA O.L.C. 5 SPEED, A/C, DEfOGGER, AM/FM CASSETTE im CHEVY MOHZA HATCHBACK AUTO, P S, AM/FM CASSETTE 1W1 MERCURY COOOAR POWER WINDOWS. A/C ANO LOTS MORE 1978 FORD MUST AM AUTO, POWER STEERING. AM RADtO 1983 SHELBY CHAROER ALUMINUM WHEELS, SUNROOF, AM/FM CASSETTE 1980 BINCK CENTURY WAOON V-8. AUTOMATIC, P S.. P.B., A/C. TINTED GLASS WO THHNDERBIRD LOADED W/EVERY AVAILABLE OPTION. SUNROOF, DIGITAL OASH Ittl HMD L.T.B. 4 BOM V 8. AUTO, P.S.. P B„ TILT WHEEL, AM/FM CASSETTE 1488 •1889 •1795 •2495 *1444 '3495 •3488 •3995 •3888 SAVE TNMSANSS FROM ORIGINAL •5388 ltM« /POO •6488 1931 MONTI CARLO V8. AUTO, P.S , P 8 , POWER WINDOWS, TILT WHEEL 1983 DATSUN SENTRA HATCHBACK . b SPEED AC DEFOGGER P S . P B LOW MILES 1982 TRANS AM LOW MILES. AUTO V-8. PS, P 6 , AM/FM STEREO 1981 OLDS TORONADO LOAOED WITH LEATHER INTERIOR & WIRE WHEELS •6995 •7288 SAVE •9888 • TRUCKS * TRUCKS * TRUCKS • •5288 •6888 •3495 •3888 •7988 ©TOO 1982 CHEVY S-10 V-6, AUTO, A/C 1982 DATSUN KINO CAB DELUXE 5 SPEED. ONLY 24 000 MILES. 4W0, 4x4 1979 CHEVY C-20 FLEETSIDE PICKUP 1979 JEEP CHEROKEE WITH PLOW V8 AUTO PS .PB , A/C, AM/FM CASSETTE 1983 S-10 PICK-UP TAHOE PACKAGE LOADED, TU TONE PAINT ANO L'OTS MORE 1978 CHEVY SPORT VAN p S P B AUTO * BACKLOT SPECIALS * 1974IMPALA WAGON •695 1975 MALIBII *995 1973 MERCURY CAPRI •995 1971 LEMANS *1688 1977 PONTIAC VENTURA *2495 1978 AMX *1695 M.-Th. 9-9, Fri. 9-6, Sat. 9-5,iashr svnday (815)385-2100 MCHENRY 809 N. FRONT ST. (S. RT. 31)