McHenry Public Library District Digital Archives

McHenry Plaindealer (McHenry, IL), 29 Dec 1978, p. 10

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HERE AND THERE IN BUSINESS Medical Group Service Awards 'n Training Gift To University Honored for service by the McHenry Medical Group are Barbara A. Such, Burlington. Wis., 10 years; Rose Ann Walsh, and Mary J. Faunt. McHenry, 20; Avis G. Fortin, Woodstock, and Linda A. Fppel. McHenry, 5; James H. Stoffel. McHenry, 15; Lisa A. Wirch. Richmond. 5; Charlotte A. Tetzner, Wonder Lake, 15; William H. Powers, McHenry, 5; Margaret A. Breier, McHenry, 15; Dorothy A. Parker and John L. Arient, McHenry. 10. Absent were Casimer A. Krawczyk and Donna C. Rohrer, both of McHenrv, with 5 vear service. Mr. Sern. administrator of the McHenry Medical Group, presents 20-year service pin to Rose Ann Walsh, left, and Marv J. Faunt. At i ts recent Christmas -party the McHenry Medical Group honored those em ployees who had completed from five through twenty years of continuous service with the Group Service pins presented were Bil l Increase for over 20 years. Mary J Faunt and Rose Ann Walsh, of McHenry for over 15 years Margaret A Breier and James H Stoffel of McHenry. and Charlotte A Tetzner of Wonder I^ike for over 10 years. John L Arient and Dorothy A Parker. of McHenry . and Barbara A Such, of Burlington Wis : for over 5 years. Linda A Kppel Casimer A Krawczy k. William H Powers, and Donna C Rohrer. of McHenry. Avis G Fortin. of Woodstock, and Lisa A . . .Wirch. of Richmond Bell Asks Reclassif ication As a result of telephone growth in the McHenry calling area Ill inois Bell has filed for reclassification of Outer Metropolitan services, ac cording to Stan Jozwiak the company 's local manager The reclassification asks for the adjusted rates to l>e ef fective Jan 18. 1979 Increases in monthly bills in the McHenry exchange for most residence customers with Outer Metropolitan services will be 30 cents For most business customers, the in crease will be one dollar The new rates will affect about 6.720 customers in the exchange Jozwiak explained that there are several rate "brackets '" for local telephone service, based on the number of phones that can be called in the area without a toll charge When the number of phones in a calling area exceeds the limit of i ts bracket, such as in McHenry the next higher rate bracket applies I 'nder this system, ex changes throughout Ill inois Bell 's territory with similar numbers of telephones that can be called without a toll charge are placed in the same bracket This assures that equal rates are charged for comparable service Tops in Sales Training Film Given To Volunteer Firemen ! The training film. "Because You Care", was purchased by Northern Propane Gas com pany of McHenry The proceeds of the film are being donated by Ranger Insurance company to the. McHenry Volunteer Fire department to help improve the fire protection in their community This film has beer produced to pro\ ide step-by step training in control of L P Gas tires Some 5o.tnx> firefighters have participated in actual demonstrations util izing, the procedures shown in the movie DKNNIS DRAKK Century 21 Lake Region. McHenry. and JoAnne (.reen, Broker-manager. announce that Dennis Drake has closed over -one and a half million dollars in real estate this year. Drake is also a member of the < entury 21 Award club and a member of the McHenry County Board of Realtors, lie is a McHenry area resident and has been associated with ( entury 21 Lake Region Realty for the past two years. TYPEWRITER & ADDING MACHINE REPAIR We Offer Complete Service On: •IBM •FACIT •ADLER •OLIVETTI •ROYAL •0LYMPIA AND ALL OTHER MAJOR BRANDS OF TYPEWRITERS AND ADDING MACHINES. Repaired In Our Shop, Or At Your Business. ISSl KDCII ARTKR A charter has been issued by the state to Glaviano's Interiors & Palatine Miilwork. Inc . 414 S. Rt 31. McHenry ' INCORPORATED McHENRY OFFICE SYSTEMS, INC. 803 N. FRONT ST. (RTE. 31) McHENRY, ILL (815) 385-5890 PAGE 11 - PLAINDEALER - FRIDAY. DECEMBER 29, lt78 Questions And Answers About Savings Bonds PAl I ( .HI KBN U Paul Joseph Oruehnau has completed the initial training at Delta \ ir Lines' training school at the Ifartsfield \ t lanta In­ ternational airport and is now assigned to the airline's Miami pilot base as a second officer. Gruehnau is the son of Mr. and Mrs. Robert (>ruebnau of McHenry. l ie is a graduate of St. Patrick high school in Chicago and Marquette university in Milwaukee. Wis., where he received a B.S.M.E. degree. Gruebnau and his wife, the former Susan Hinton of Skokie. have one child ke\in Paul Don Umbargar Service Master Dan L'mbarger has just returned from Milwaukee. Wis . where he completed an intensified two-cycle training course at the Evinrude Motors Factory Service school l 'm­ barger. who lives in McHenry. is service technician for Hus|pr Sports Center. Inc . the local Fvinrude dealership Those who successfully complete the course receive a service school diploma and their I D cards list them as service masters While attending the factory school, the master technician is taught a thorough un derstanding of two-cycle engine theory, and given classroom practical workbench ex perience Ill inois State university has received more than 111.000 in automotive equipment from the Chevrolet division of the General Motors corp. for use in courses in its Department of Industrial Technology . The equipment, including a functional automobile, is one of some 2,000 cars and trucks that are damaged in transit to dealers across the country . None of the cars or trucks may be dri\ en The donation to ISC included a 197X automobile, a rear axle housing, an automatic transmission, a three-speed transmission and two engines. Rick Bender. 100# Oakvtood. McHenry, is shown second from right, examining some of the equipment. Three In A Row • third consecutive vear ipovich has closed over 1 or tht Bob P<. SI.IMMI.IMMI in real estate sales He is also a member of the Century JI Ward ilub h\ virtue of SHMI.KOV in residential l istings for \unust 1978. alone I his led the entire Centurv JI Northern Illinois region of 29 . offices Popov ich has been a "Nit Henry area resident for the past ten vears from HISTORY'S SCRAPBOOK DATES AND EVENTS FROM YESTERYEARS December 29. iK45 -- Texas is admitted into the I nion as Lhe 2&th state December 10. 1799 -- The first "blackface" act in theatrical history is staged A musical performer named Johann Graupner blackened his face at the Federal Street Theatre in Boston and sang "The Gay Negro Bov " December 31. 1946 -- President Harrv S Truman officially proclaims that World War II is ended January 1, 1863 -- President Abraham Lincoln signs the Kman cipation Proclamation freeing the country s black slaves. January 2. 1965 -- Iniversity of Alabama quarterback Joe Namath signs a $400.two contract with the New York Jets As a result , he becomes the richest rookie in professional football history. JLENNOX HEATING S COOLING We are involved... * HEATING SYSTEM WAlNTAlNANCE * FURNACE SERVICING * HUMIDIFIER I ELECTRONIC Ait CLLANER 'NSTAlLATiOW • LENNOt CONSERVATOR FURNACE 'NSTAlUTION • HONEYWELL NIGHT SET BACA THERMOSTATS • S SAV'NG FLAIR FLUE DAMPER INSTALLATION xl TVoentc* ucAtiWi" tun mm ifcir SINCE 1931 HEATING AND COOLING A C e ' t i ted L SUM OX Deoler JSUS.HIIM1W 1815)459-2300 13121526-6286 McHENRY. I I 7 At O'BREWERV SINCE 1868-FOOD & SPIRITS 34ttW PEARL ST -McHENRY (1 Block N>tNo( Rout* 170> JOJOiiU We Would Like To Wish Everyone A * HAPPY & PROSPEROUS NEU) VEAR And Announce Our New Year's Eve Weekend Dining Hours THIS FRIDAY 10 11 THIS SUNDAY 7 9 THIS SATURDAY 7 11 CLOSED NEW YEAR S DAY SAT & SUN F E A 'URING . PRIME RIB *5/b INCLUDES BAKED POTATO SAlAD AND CHEESE & CRACKERS MANY OTHER DELICIOUS ITEMS ON OUR MENU TRY OUR FAMOUS FAMILY STYLE BEER BATTER FISH FRY ON FRIDAY! Safety Hints Winte r i s t he pe r f ec t t ime to cu r l up in f ron t o f a c r ack l ing l i r e _Bu t be fo re ope ra t ing a f i r ep l ace o r wood bu rn ing s tove t ake t ime to make su re the> 'a i l l no t be a t i r e haza rd The Insu rance In fo rma t ion i n s t i t u t e o f f e r s t he se sugges t ions Make <ure \ ou r ch imne> and Hue l i n ing a r e in good cond i t i on and f r ee o f b lockage Neve r u se sou r f i r ep l ace o r M<i \ e ,»» an inc ine ra to r o r ua r ' . i ge d i spoa l Be ca re fu l . i t *>u t Mi rovung pape r s and " the r I ' b j e t t s i n to t he f i r e M\*a \ s keep a sc reen in f ron t o f t he f i r ep l ace and keep f l ammab le <>f>jec t s and househo ld fu rn i sh ings awa> f rom the f i r e !> ,<> no t l e ave a f i r e bu rn ing una t t ended e spec i a l l> t h rough the nu ih ' Cons ide r l eav ing a window open a c r ack fo r ven t i l a t i on , e spec i a l l v i f you r house i s t i gh t fv i n su l a t ed Wood bu rn ing s toves have l>ecome more popu la r r ecen t ly ivecause o f t he i r p r ac t i ca l i t y and cha rm But t he> can a l so cause t r ag i c f i r e s when im­ p rope r ly i n s t a i i ed o r u sed . i l i e ck wi th your loca l t i r e depa r tmen t i f >ou have any doub t s a s to p rope r p rocedures I )on ' t t ake chances • * * * Never base your opin­ ion on a one-sided pre­ sentation of any subject-- unless you want to be w rony. The millions of Americans who purchase bonds regularly through the Payroll Savings or Bond-A-Month plans have asked thousands of questions about savings bonds and their bond holdings Many are of interest to anyone who pur chases, or who is thinking of purchasing savings bonds A few of these quesions. with the answers, follow Q -- I have noticed some inconsistencies in the redemption tables for Series F. bonds For instance, an E bond issued in June 1951 is worth more than one issued in May of that year How did this come about0 A - Series F bonds issued prior to September 1976 in­ crease in value of the end of each six-month holding period It is logical, then, that older bonds will always be worth more than newer There are however, exceptions caused b> the following circumstances In 1959. for the first t ime outstanding F bonds were granted an interest-rate in­ crease along with new issues The regulations provided 'hat the increase would become effective with the first interest period beginning on or after June 1. 1959 As a result , a June 1951 issue began to earn in­ terest at the higher rate im­ mediately. while the May 1951 bond did not begin to earn the higher rate until ' November 1959 In the five-month interim the June bond passed the May bond in value, and continues to be worth at the end of corresponding interest pe-iods Interest rate increases in December 1965. June 1968. June 1969. June 1970. and December 1973 followed the same policy, compounding the disparities in some cases Q Who pays the tax on Savings bonds whose owner­ ship is transferred from parent to child0 Also, who is l iable for the tax on bonds bought b> a parent for a child, but registered in co-ownership form 0 A In the first case, such a transfer results in a taxable event, meaning that the parent is l iable for any tax due on the interest earned up until the time of transfer The child is l iable for the tax on the interest earned thereafter In the latter case, the co-owner w ho actually paid for the bonds is l iable for any t ax due. no matter which co-owner cashed the bonds Q -- Is i t to my advantag cash in E bonds issued in 1940 s and buy new ones'* A - All outstanding Ser.e and H bonds continue to die- interest, regardless of a*- Fach series has been grante one or more ten-year je> tensions beyond origin? maturi ty, depending on who they were issued The mtefes rate in extension is now »si> percen? per year, com pounce ' semi -annua l ly Since bondf i extension draw the maximiii allowable rate, there are ' n< advantages, and distific ' disadvantages, to cashing ti ler in for the sole purpose of buymi new bonds I f t he bonds e r - . c a shed , a i l i n t e r e s t earned i » subject to federal tax. and the new honds will ini t ial ly drav interest , at a lower rate than tht o ld bonds As a r e su l t , c a sh in fe in old bonds for new is a r. ,>ney l o s ing p ropos i t i on <1 I h ave been Luv in t s av ings bonds s ince they f i r s were issued in 1941 How can de te rmine the amoun t o f i n • e r e s t t hey have ea r r . ed ' L j Bond t e l l e r s a t i ^nk - sav ings and i "a can a s s i s t yo i >u c an ob ta in ih o f Hedempt io owing t he cu r r en ' >e r i e s K bono vo and many a s soc i a t i on However Tab le s Va lue r ' s \ a lue o f an ow- Her ea rned i s t bond minus Fo r cop ie s t ab l e s wr . i mx month ; check 'T n t h e Documen t P r in t ing DC Spec i f ; c Sa \ mgs B pe r iod ic : b e d i r ec t be low fo r For uer bonds , wr o f f i ce o f Sa \ mt i s Depa r t m t \ \ a shmgt i 634-5377 mner . i n i e r e s to t a l va lue o f t h i e pu rchase p r io f the redemptio " . i ch a r e i s sued eve i h s . s end _ r i cen t s > money o rde r on ly upe r in t ende r ' o t s IS ( iovprmtV! o f f i ce Wa ed ues t ions abou i i d s no t answer u s r e l ea ses s a t t he co r mp t r ep l i e s do; I - •d l o LOULL e ra l i n fo rma t ion < iu or ca l l D i r ec to Pub l i c A f f a i r s I Bonds D : \ i s i " n t o f t he T reasu r ir: DC J i For l ega l and t ec jm aspec t s , wr i t e o r ca l l B Consu l t an t -Branch . Sa \ i Bonds Opera t ions o f f Bureau o f t he Pub l i c Dep t Th i rd s t r ee t . Pa rke r sb i . \N Va . 26101. 304 422-8551 IVoudez /lake AND LOUNGE FEATURING CHINESE ft AMERICAN CUISINE NOW OPEN FOR LUNCH TUESDAY THRU FRl. 11.30-2 & WED SPECIAL | THURSDAY j FRIDAY NITE ALL DAY j SPECIAL ALL DAY I SPECIAL SENIOR CITIZEN DAY j FRIED CHICKEN I FISHERMAN S TUES ^ m .... il * W H A R F S 2 f S $2 «5 CAR^Y OUT ORDERS! 5 5 0 6 i W O N D E R L A K E R D T . * W O N D E R L A K E I L L , P H O N E 8 1 5 7 2 8 0 4 1 I OPEN FOK DINNER TUES THURS 4 to <? FRl 4 to JO SAT. 1 to 10 SUN 1 to 9 WE APOLOGIZE To Our Many Customers Who Were Unab le To Buy A TORO Snowthrower Th is Year . . . MOD-EL 38-2C SAVE $40 SUG 79 RETAIL 289' SAVE 40" NOW MODEL 381 3C SAVE $40 S U G 70 R E T A I L 3 3 9 - SAVE 40 N O W r299v m dan* wl thow t P Tore lK{ «aou<h' PLACE YOUR DEPOSIT NOW ON EITHER OUR 38120 ABOVE OR MODEL 38130 iWITH ELECTRIC STARTER: ANt5 WE LL GUARANTEE YOUR TORO FOR DELIVERY IN SPRING P R I C E S S U B J E C T T O C H A N G E DON'T SETTLE FOR SECOND BEST! "THE HOUSE THAT SERVICE BUILT" Geo. P. Freund, Inc. 4102 W. Crystal Lake Rd., McHenry 385-0420

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