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PAGE 10 - PLAINDEALER - WEDNESDAY. AUGUST 27, 1975 |̂ i HOLIDAY §UN| DISCOUNT 8-16 Oz. Bottles MILLERS $139 DC CD * w DLE.I\ 6-12 Oz. Cans MEISTER BRAU 12-12 Oz. Cans PLUS DEPOSIT Shell NO PEST •P i No-ftstj Strip STRIPS REG. 2.49 ill, 20 LBS. Kingsford CHARCOAL TOMBSTONE PIZZA CHEESE & SAUSAGE or 1 HAMBURGER & CHEESE Raid House & Garden BUG 13^ Oz. Aersoal SPRAY Kraft 10 LBS- 00 ̂ $195 B 22 OZ. BARBECUE SAUCE REG. 69' 18 Oz. s i s Dutch Treat ICE % Gallon CREAM :®fl! M All Foster Grant SUN GLASSES l/2 « Sprint No Buff CAR WAX 39 CRFfirl = m POTATO CHIPS REG. 79* iiiiliui REG. 79< YELLOW FINISH PENCILS > iMFJ SUNNY MONEY COUPON A pack of #2 pencils. FILLER PAPER--300 CT. 79 LIMIT 1 Reg. 1.29. Wide mar­ gin 5 hole paper. Save! Good through September 6th Drivers Get Clearer Idea Of Gas Price Gasoline users in some portions of Illinois will have a clearer idea of what they are paying per gallon of gas as the result of a recent agreement reached between the Illinois Department of Agriculture and several northern Illinois gasoline firms. The Illinois Department of Agriculture administers the Illinois weights and measures act and under it, regulates certain advertised pricing. A disagreement between the Department and some gasoline companies developed over the practice of advertising the price of gasoline without sales tax rather fthan the pump price which the purchaser actually paid. In a stipulation filed in the circuit court of Cook county, the Department and the gasoline dealers agreed to the following: Commencing on October 15, 1975 all gasoline retailers in this state shall, if they elect to advertise the price per gallon of the gasoline they sell at retail at their stations, advertise such price in either of the following ways as they may choose: A. By displaying a price per gallon which equals the price per gallon of the computer price setting shown on the gasoline pumps, which display may include the words "all taxes included" if such is the case; or B. By displaying a price per gallon which includes the federal excise tax and Illinois motor fuel tax, and which further states below such price the designation "+sales tax" and the actural total amount of the sale taxes and Regional Transportation Authority tax, if any, applicable to such retail price per gallon; provided however, that such designation shall meet certain requirements. * * * * Our adv ice t o you th i s week i s to t ake ca re o f your hea r t , and l ive a whi l e . Individual Retirement Plan Bonds Now On Sale The Department of the Treasury has placed on sale U.S. Individual Retirement bonds. They are specifically designed for investment by persons who lack coverage by any other retirement plan. The bonds are issued pursuant to the provisions of the Employee Retirement Income Security act of 1974. They are sold at face value in denominations of $50, $100 and $500. Interest accrues at the rate of 6 percent per year, compounded semiannually, and is payable upon redemp­ tion. Individual Retirement bonds may be purchased from any Federal Reserve bank or branch, or directly from the Treasury department. They may be registered in either single ownership or beneficiary form, in the names of natural persons only. Individual Retirement bonds are non­ transferable; 'hev cannot be sold or used as coll -'eral. The new bonds |i< rmit per­ sons who work for employers unable to finance a pension plan, to set aside a portion of their annual income - up to a yearly limit of $1,500, or. 15 percent of gross income, whichever is less -- for retirement. The amount set aside annually is deductible from gross income for federal income tax purposes. Because they are designed to be used for personal retirement, the bonds carry certain redemption restric­ tions. During the first year after issue, they may be redeemed without interest or penalty. They may be cashed, with a tax penalty, until the owner reaches age 59'2, after which the bonds may be redeemed without penally. The bonds may, however, be cashed without penalty, at any time until maturity, for the purpose of changing investments. In addition, they may be cashed without penalty before age 594, in cases of disability. The maturity date is the first day of the month in which the bond owner reaches age 704, or five years after the date of the owner's death, whichever is earlier. Both principal and interest are reportable for federal income tax purposes, at time Of', redemption or maturity. Complete regulations covering the Individual Retirement Bond may be found in Treasury Department Circular. Public Debt Series 1- 75. Quick-Reference Fact Sheet. . . (For* complete information concerning terms and con­ ditions. consult Treasury Department Circular, Public Debt Series 1-75.) 1. Who May Buy -- All persons not covered by any other retirement plan during taxable year. 2. Issuing and Cashing Agencies - Federal Reserve Banks and Branches; Bureau of the Public Debt, Securities T r a n s a c t i o n s B r a n c h , Washington, D C. 20226. :i. Denominations - $50, $100, .}>.,< MI 4 Issue Date -- First day of month in which payment is received by issuing agent. 5. Maturity - When owner reaches age 70>2 years, or five years after owner's death, whichever is earlier. ( i . Interest -- Accrues every six months at rate of six per­ cent per annum, compounded semiannually; no interest, if redeemed within first year. 7. Registration -- In owner's name alone, or with beneficiary. 8. Redemption - (a) Redeemable without interest, duiing first year of issue; (b) Redeemable with tax penalty, after first year and before owner is 59'L> years old; (c) Redeemable for authorized reinvestment without penalty, after first year and before owner is 704 years old; (d) Redeemable in case of death or disability. 9. Reissue - May be reissued to add, eliminate or substitute a beneficiary. 10. Safety -- Will be replaced, if lost, stolen or destroyed. 11. Taxation - Subject to estate, inheritance or other excise taxes, whether federal or state. 12. Income Tax Advantage - li-I'm Little Bucky with . . UIIIIIUIllHllllll///> Litt le Bucky" SALE DATES: AUG. 26 thru AUG. 30, 19751 " ' W SfS" $v-P \ Your Choice (SJTQ Creme Rinse ™ 8 OZ. OR . WHITE RAIN F SHAMPOO 14 OZ. $1.55 Value Less Mfg. Rebate Your Cost KLEENEX FACIAL SIZE 100 CT. SWEETHEART BEAUTY BAR SOAP Reg. «« F Size 3 0 R 39' BRILL0 SOAP PADS 10 CT 29* Sandwich Bags Economy Pack 150 ct. 99c JQC Value ' ̂ 48 PAGE Coloring Book 59c Value Each 3/59* AMERICAN LOCKS Official school combination padlock lITTli BUCKY |CT. LISTERINE ANTISEPTIC 32 Or " - $2.79 Value 1\ Lirn. t one coupon p«r customer V J Coupon ««p,res 8 30 75 jffBIG DOLLAR SAVINGS\ $2.98 Value 1 99 V/2 Inch laminated 3L STEEL PADLOCK 249 SSfern SCHICK SUPER n CARTRIDGES 5's $1.39 Value... 79* Less mfg. c At rebate 3" Your Cost 29* M&M MARS PANTRY PACK 15-15c BARS $2.25 Value I69 ADORN HAIR SPRAY 13 OZ. 149 $2.49 Value 1 less mfg. rebate 50' Your Cost 99 HOUSEHOLD CLEANER AND DISINFECTANT 8 OZ. 3 FOR Sta-Pine l e m o n Q Q ^ or mint & ** COLGATE Instant Shave 11 OZ. $1.09 Value 49* DIAL Very Dry Anti-perspirant $U44-CQt Value w J G.A.F. COLOR FILM 126-12 69* $1.50 Value POGO PASTE TYPING PAPER 4 8 Oi JAR 49' Value WHITE BOND 100 CT 89' Value DUO-TANG A PORTFOLIO CRAYOLA 2-POCKET 3 HOLE CRAYONS TANG 3Sc Value 89c Value | Crayola 4 SUBJECT THEME BOOK 80 CT 59' Value DECORATED SCHOOL BOXES PAPER MATE WE RESERVE THE RIGHT TO LIMIT QUANTITIES PRICES 4512 W. RTE. 120 McHENRY |HOLjPAY SUN P'®C,9UNT • 4512 W. RTE. 120 McHenry, Illinois We Reserve The Right To Limit Quantities While Thev Last • F0R ANY INFORMATION CALL 279-3933 Deduction for issue price of Bonds in taxable year of pur­ chase. 13. Income Tax Liability - Liable for federal income tax on principal and accrued in­ terest, in year of redemption or maturity. 14. Nontransferable - Cannot be transferred, sold or used as collateral. 15. Annual Limitation - Purchases in any one'year may be up to $1,500, or 15 percent of gross income, whichever is smaller. 29c Value SCOTCH CELLOPHANE TAPE Vi"<S00 Scotch CLEAR REPORT COVERS 29c Value Each IN EFFECT WHILE QUANTITIES LAST The Law Serves You DIVORCE IN ILLINOIS As a practical matter in divorce proceedings, the determination of payment of alimony, if any, and resolution of other aspects relating to a property settlement, carry the greatest long-range impact with the parties to the divorce. As discussed in previous ar­ ticles, proving grounds for divorce and establishing one's right to custody of minors or otherwise dependent children, are of primary concern to the court. Thereafter, an equitable distribution or division of marital assets is considered. Often in divorce cases there is only one wage-earner, usually the husband. In spite of total financial contribution to the family needs by that party, accumulated assets such as savings, real estate and related items, and that party's week-to- week earnings, are considered the property of both parties. The rationale is that, "housewives", even though not gainfully employed, contribute to the family unit in a way to make it possible for the wage earner to devote his energies to earning the income needed to maintain a family. Once a legal ground for divorce is established and child custody is determined, courts prefer that the parties resolve other property matters bet­ ween them and urge that they do so without court in­ volvement. Litigation over property division usually results in antagonism and bitterness, and although a court may adjust certain provisions of any agreement arrived at by the parties, good-faith agreements are usually ac- * cepted by the court. „ Questions considered in settling property rights are: The current earnings of both parties; the financial need of the dependent party to main­ tain his or herself in the general style to which they have become accustomed during their married life; the needs of the minor children, including education and medical requirements; and certainly, the needs of the primary provider to maintain his or herself. The court strives to reach an equity in property divisions, particularly as to periodic support payments, so as not to destroy the primary provider's incentive to continue to be gainfully employed. As long as there are minor children involved in a divorce, the court will attempt to minimize a possible disruption upon their lives. This means that if there is a marital home, title to which may be jointly held by the parties to the divorce, it is not unusual for the party receiving custody of those children to retain use of the marital home until such time as that party remarries or the children reach their majority. Once provision for the care and maintenance of the minor children is provided, a division of the balance of any property or of accumulated assets or of currently earned wages or income, in the form of alimony, is considered. The final installment in this series will discuss alimony. CLOWNS GALORE - As colorful as a Christmas tree and Just as much fun! The Clyde Beatty-Cole Bros, circus clowns are coming to Crystal Lake Wednesday, Sept. 3, when the world's largest circus shows under the auspices of Lake Region Y's Men's club. The huge tented arena will be set up at grounds on Manor road, south of Rt. 14. Performances are at 4:30 and 7:30 p.m. from HISTORr'S SCRAPB00K DATES AND EVENTS FROM YESTERYEARS August 29, 1957-Congress passes the first Civil Rights Bill since Reconstruction. August 30, 1924-Germany agrees to the Dawes Plan--a pact whereby that country repays her World War I enemies. August 31,1886-Charleston, South Carolina is struck by the first major earthquake to hit the United States. The death toll reaches 41. Don't forget .... to shop Donahue Furniture before the Annual Summer Sale ends, Saturday, August 30th. Use our Lay-A-Way Plan for the Holidays and save now! DONAHUE FURNITURE Woodstock, Illinois