Lakemoor-Lilymoor Area Margaret Karas 385-4934 New Service At Library The McHenry Nunda Library, via the Northern Illinois Library system, will now have access to bibliographic online sear ching erf written materials. Librarian Margaret Karas attended a workshop at McHenry County college Jan. 22, explaining the types of questions or topics that will be appropriate for a computer search, and how to start the service which is being funded by the system. There is some information that even computers aren't able to- spew out, but it is exciting to be able to offer this new service to patrons. our MEET AND EAT NEWS Julia Kraus, volunteer receptionist at the Senior Citizen Walk-In center at the Moose lodge, has a reminder for all of us older-but-wiser people in McHenry and surrounding areas. The center provides nutritious tasty noon meals at a nominal cost for those who make reservations at least one day in advance. Fellowship and com panionship are also pro vided, with special games on Wednesday afternoons which give prizes to the contestants. The invitation to come, meet, eat and enjoy is ex tended by Dorothy Loss, site manager. Call 385-8260 to make your reservation. Julia was happy to know she had lost a year on her birthday, Jan. 1. She laughingly told me she was starting her seventy-third year, not her seventy-second as stated in the column. I never have been too good at math- just ask Mr. Nixon! NEWLYWEDS HONORED The new Mrs. Tony Sherrill was introduced to friends at a small reception given by Doug Alheit Jan. 16. Tony and Barb were married in Ohio Jan. 9. The met Marion and Hal ttri, Bobby -and- Delores Miller, Jackie and Carl Stromley, Connie and Bob Szamlewski formerly of LML fame, Lorreta Alheit and son Robin, and Tony's son Randy and his wife. Also recognized was the birthday of Doug's son Jeffrey, who is now five years old. Congratulations and best wishes are extended to Mr. and Mrs. Sherrill. DOG NEWS The Animal Control patrol is working to remove stray, unwanted dogs from our areas. Owners of dogs are asked to keep their pets on chains or enclosed to enable the control officers to pick up strays only. Snoopy, the ten-year old pet of the Yerkes' family, has been diagnosed as a victim of heartworm. The cure, which includes the injestion of arsenic, is hard on the animal, but all is worth it when the pet returns to good health. Our Whimper the library mascot, went through this, so we em pathize with the Yerkes. DAYS OF RECOGNITION Jan. 28, the date of birth, will be a memorial time for the family of Brian Baker. Jerry Brizzi celebrates his birthday on the 28th. Jerry Weber, also of Lilymoor, adds another year of life on the 30th. Jan. 31 is an important day for recuperating Don Leske, 12-year old John McCaulley, Jr., and nephew John Michael Paroubek. Three cnadles will be on Star Marie Mitchel's cake. Where does the time go? FUN FAIR A fun fair especially for pre-school children will be held at the Faith Presbyterian church Saturday, Jan. 30, from 12:30 to 3:30 p.m. COMMUNITY CALENDAR Jan. 28 -- Lakemoor Village meeting, 8 p.m.. Feb. 1 -- Lilymoor association. Call 344-2688 for information. Feb. 2 -- Ground Hog day. Will he or won't he? Feb. 4 -- Free blood pressure screening, Moose lodge, Route 120, 11 a.m. * Feb.' IT" 4--' Lakemoor Village meeting, 8 p.m. "The earth has music for those who listen". GOD BLESS Kearney Speaks For Soil, | Real Estate Facts | Water Conservation Meeting The thirty-fifth annual meeting of the McHenry County Soil and water Conservation district is scheduled for Saturday, Feb. 6, at 6:30 p.m. at the First United Methodist chirch in Harvard. This year's speaker will be Norman Kearney, professor of Political Science at . rock Valley college. An expert in the field of international affairs, the professor will speak on current developments on the international scene in cluding possible effects on the agricultural community. Kearney's background includes 28 years' ex perience as a military in telligence specialist on Russia and China. Each year he makes 30 to 40 speeches to various groups as well as appearing on radio and TV programs on a regular basis. For the past 14 years he has been chairman of the World Affairs conference of Nor thwestern Illinois. This conference brings topics of special interest as well as internationally known speakers to over 1,200 people each year. Tickets are available from district directors or at the district office, 1143 N. Seminary avenue, Wood stock. Phone reservations (338-0099) will also be ac cepted. Registration for the election of Directors will be taken that evening beginning at 6:30 p.m. and a roast beef dinner will be served at 7 p.m. A short business meeting and election of directors will be conducted after the dinner. Professor Kearney's presentation will follow the business meeting. By Yvonne Beer, McHenry County Board of Realtors Legislation regulating installment sales has resulted in major changes affecting taxpayers who use this mechanism in the transfer of real estate. The Installment Sales Revision Act of I960 has brought about changes which should simplify use of this device. The reason for the popularity of the installment sale agreement in the transfer of real estate is that in ordinary property tran sactions, the entire gain must be reported in the taxable year of the sale. Under an installment sale, however, the purchase price PAGE It - PLA1NDEALJER - WEDNESDAY, JANUARY 27,1982 Additional provisions included in the act affect sales transferring property from one family member to another and sales which are subject to a contingency. could be received in the year of the installment sale. The new law eliminates this rule. Now the seller may receive any amount less than the total selling price in the year of the sale and still qualify for installment sales reporting of gain. ' Two Payment Rule: Under the old rule, the seller had to receive two or more payments in two or more taxable years to qualify. This qualification has been eliminated under the new Act. Now the seller may enter into an installment sale arrangement in one taxable year with no down payment and receive a lump sum payment in a sub- A detailed explanation of the Installment Sales Act of 1980 may be obtained through your local Internal Revenue Service office, or call your tax accountant for additional information. y- is paid over the period oftfie""s8jlfcnt taxable year. Teachers At Solar Workshop Plan Mental Health Resource League Meet Members and guests of the Mental Health Resource League for McHenry County are invited to attend its annual meeting and membership brunch at the Old Courthouse Inn, Woodstock, Monday, Feb. 22. The meeting will be preceded by a seminar starting at 9:30 a.m. Jackie Mansholt, Con sultation and Education coordinator ot„ Family service and Community Mental Health Center of McHenry County, will be the guest speaker. She will be presenting a lecture on "Balancing the Com mitments of our Lives" - how to handle the demands of being a busy wife, mother and volunteer. The lecture will be followed by a brunch. The annual meeting will follow with the installation of new officers and directors. The MHRL is a not-for- profit service organization which finds mental health related groups in the county. This past year more than $16,000 was awarded to 10 different agencies and a $1,000 scholarship was also given. Anyone interested in membership and brunch information should contact Sandy Schmitt, 459-6417. McHenry high school staff members, Toby Scott, Tom Eickenberg, Bill Winkel and Ron Dale, attended a solar energy workshop in Crystal Lake Friday, Jan. 22 and Saturday, Jan. 23. This workshop was sponsored by the Illinois Department of Energy and Natural Resources and was held for educators involved in teaching building trades and architectural drafting. The focus of the workshop was the development of passive solar designs. Among the topics for discussion were insulation and weather-stripping, VA News (Editor's Note: Following are representative questions answered daily by VA counselors. Full information is available at any VA office. Q. - What is the difference between disability com pensation and disability pension? A. - Compensation is paid to veterans with disability rated 10 percent or more disabling, which was in curred in or aggravated during active military service. Pension is paid to needy war veterans who are permanently and totally disabled prior to age 65 or who have reached age 65. Q. -- I bought a home recently with a GI guaranteed home loan. I have now discovered some defects which the seller refused to fix. Can the VA help me? A. -- The Veterans Ad ministration cannot compel a seller to remedy defects or to fulfill a contract on an existing home. However, there is a one-year guarantee on a newly con structed home. Contact the nearest VA office for details. Q. -- I am rated 10 percent disabled due to service connected disabilities. Am I eligible for preference in civil service jobs? A. -- Yes. Veterans rated as having service connected disabilities receive ten preference points. thermal storage, natural cooling, daylighting, air locks, and heat exchanger components. The Building Trades vocational instructor, Bill Winkel, indicated recently that the current house under construction by McHenry high school students at 4833 Pyndale is designed with passive solar features. For example, 75 percent of the windows in this house will face due south to maximize the collection of solar .heat. In addition, energy- conserving insulation techniques will be utilized throughout the construction to minimize heat loss. The local teachers at tended this conference to increase their knowledge in the area of energy con servation as it applies to home construction. These innovative techniques can then be incorporated into the building Trades and Ar c h i t e c t u r a l D r a f t i n g curricula. i n s t a l l m e n t s a l e s agreement, resulting in reduced tax liability. These are some of the changes which have resulted from passage of the In stallment Sales Revision Act: The 30 Percent Rule: To qualify for installment sales reporting before passage of 1980 Act, no more than 30 percent of the selling price Installment Sale Repor ting: Previously, the in stallment method could be used only if the taxpayer elected to report his gain on an installment basis. Under the new regulations, the installment method of reporting gain is automatic for qualified sales, unless the t a x p a y e r s p e c i f i c a l l y decides otherwise on or before the tax return is due. PM&LPLAY Brian Clark's tantalizing "Whose Life Is It Anyway?" will be the next play to be presented at the PM&L Theater, 877 Main street in Antioch. The opening per formance will take place Saturday night. Feb. 13, with subsequent shows scheduled for Friday and Saturday nights, Feb. 19,20,26, and 27. Also, there will be a matinee Sunday afternoon, Feb. 21. Curtain time will be 8:30 p.m. for the evening per formances and 2:30 p.m. for the Sunday matinee. To see this provocative ilay, call 395-3055 to mati| reser vations. P E R M A N E N T H A I R R E M O V A L A SERVICE THAT HELPS YOU FEEL C000 ABOUT YOURSELF CALL FOR FREE CONSULTATION 815-344*3640 (If No Answer) 312-658-3696 4302 W. CRYSTAL LAKE ROAD SUITE C-WHISPERING POINT McHENRY, ILLINOIS 60050 BOB'S COLORS NOW OPEN SUNDAYS 9 AM -1 PM 4720 W. RT. 120 385-1116 •PAINT •WALLPAPER •PICTURE FRAMING For Food Safety When entertaining, remem ber to keep hot foods hot-- above 140 degrees F. 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