Newspapers / The Fieldcrest Mill Whistle … / April 5, 1976, edition 1 / Page 6
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la'v^ Taxpayers Ask IRS Five Generations Five generations are shown in the above pic ture. Audrey CMton is holding her two-month- old daughter, Angela Dawn; standing at left is the child’s grandmother, Joyce Jones; Audrey Perkins, the great-grandmother, stands at right; seated at left is the great-great-grandmother, Lottie Webb, 80 years old. Mrs. Perkins is em ployed in the Cutting and Sewing Department at the Blanket Finishing Mill. Completes 50 Years (Continued From Page One) I’ve had several chances to work somewhere else but I just stayed here. If I hadn’t enjoyed it, I wouldn’t have stayed. “The kind of people you work with makes a lot of difference. I’ve always had nice people to work with on every job I ever had.” He is a member of Spray Bap tist Church and formerly was a member of some local civic groups. He enjoys watching all sports on television and frequently travels to games or wrestling matches. He is married to the former Neva Land of Eden who worked at the old Automatic Blanket Mill and the old Synthetic Fab rics Mill. They have a son, Sam my, of Eden, and a daughter, Mrs. R. E. New, Jr. of Virginia Beach, Va., and three grandchil dren. The Hankinses live at 608 Early Avenue in Eden. Five Months Old Textile Companies Boyd Children Give To Education Corporations in the textile and apparel industries led all others in the percentage of their pre-tax net income contributed to higher education in 1974, according to a report issued by the Council for Financial Aid to Education. The report said some 19 com panies gave $2.5 million to col leges and universities. The com paratively high percentage is accounted for, the report said, by the fact that profits in the industry declined in 1974, but the companies did not reduce their contributions accordingly. Overall, business and industry contributed an all-time high of $445 million to support higher education in 1974. Two Years Old Q. Because of an injury, I missed 40 days of work. The sick pay I received during this time equalled my normal weekly pay. Can I exclude this sick pay from my income? t A. Generally, whether sick pay may be excluded from income de pends on the rate of the sick pay for the first 30 days of absence. In a case like yours, in which sick pay is more than 75 percent of normal weekly pay, you must be out of work at least 30 days to exclude any sick pay from your income. So your 40-day absence qualifies you to exclude the sick pay received after the first 30 days. When the sick pay is less than or equal to 75 percent of normal pay, the sick pay is excludable from the first day if you are hospitalized, and after seven days if not hospi talized. For more information on sick pay deductions, see IRS Publica tion 522, "Adjustments To Income For Sick Pay.” Q. My wife and I have a joint savings account. How do we divide the interest for taxes? A. If two or more persons hold savings accounts, bonds or other interest-producing investments Doffers Ready (Continued From Page One) ham M. Byrum, of Avondale Mills. Members include: V. A. Ballard, Springs Mills, Inc.; S.C. Armitage, J. P. Stevens & Co., Inc.; C. Rex Childers, Dixie Yarns, Inc.; Yancey Gilkerson, Textile Hall Corp.; Jane Greer, Riegel Textile Corp.; Harold M. McLeod, Burlington Industries, Inc.; John J. Schroeder, United Merchants and Manufacturers, Inc.; Frank Starling, Cone Mills Corp.; and John H. Wilson, J. P. Stevens & Co., Inc. jointly, local law determines what share of the interest each ceives. You and your wife shoulh report your respective shares o interest in the same way you port other income. Q. My employer insists ^ have to report my tips to hinjj but I work only part time ana average only $15 a week in bP®’ Do I still have to report n't tips? ^ A. Yes. The tax law requi[®^ that individuals who receW® tips totaling $20 or more in ^ month from working for nn) one employer must report W, tips. Promotions (Continued From Page Two) September, 1972, and becarn® ^ supervisory trainee at the spread Mill in February, Bed-, 1973-; He had been a shift foreman^! the Spiiming Department siD J May, 1973. Mr. Horsley first J°*bed t j company-as a batcher for ^ i spreads at the Blanket Finish^® Mill in September, 1964. He continuous service in * Bedspread Mill Weave j since April, 1966. He has j. as loom cleaner, cloth den weaver and weaver-in-train'^ He had been a loom fixer sie October, 1973. CARD OF THANKS I would like to thank all of friends and neighbors for all t cards, gifts and visits shown while I was a patient at Ann Penn Hospital. I especially like to thank ^ Victor Cresenzo and the staff * , all the kindness and Info’^^g shown me. Your thoughtfuln^ meant so much to me. May ^ bless each one of you. MRS. LIVIE RAKt'= ■ , Latricia Michelle Gay is five months old. Her mother, Margaret Gay, is a twister at the Laurelcrest Yarn Mill. Shermale Yvette Hardin cele brated her second birthday March 23. Her mother, Mary J. Hardin, is employed in the Weave Room at the Draper Sheeting Mill. Christopher Marc Boyd, seven years old, and Candace Lanette Boyd, six years old, are the chil dren of Charlotte B. Atkinson, a channel scheduling clerk in the Blanket Finishing Mill Office. Their stepfather, William L. Atkinson, is employed at Southern National Bank. Morgan Children Demetrious Ali Morgan, three years old, and Desle Arnas Morgan, two years old, are the children of Mrs. Elaine Morgan who is employed in the Spinning Department at the Columbus Towel Mill. The children’s grandmpth^ Hazel Pitts, is employed in Preparation Department at Columbus Mill and an Willie B. Alexander is empInY® at the Phenix City Plant. THEMILLWHiSTbJ
The Fieldcrest Mill Whistle (Spray, N.C.)
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April 5, 1976, edition 1
6
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