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CHRISTOPHER BEAN SPEAKS TO STUDENTS—Mr. Christopher Bean (center) spoke
with approximately forty students at Holmes High School last week. This meeting was spon
sored by the newly formed Career Awareness Committee and the Tidewater Council of
Sranting represented by Mr. Bob Barbour. Committee members Bobby Jones, Charles Holley,
and Dottie Presson were a part of the program.
1983, The Year Os LIFE
Governor Jim Hunt has pro
claimed 1983 as the year of
LIFE in North Carolina.
LIFE, or Living Independent
ly for Elders, is a new
statewide program co
sponsored by the N.C. Depart
ment of Human Resources’
Division of Aging and the
state’s eighteen Area Agen
cies on Aging. LIFE is design
ed to help our older adults
develop an active, healthy
lifestyle that can lead to more
independence, mobility, and
happpiness, as well as
preventing unnecessary in
stitutional care.
It is more important now
than ever before that older
citizens prevent health pro
blems from occuring. Thirty
one per cent of the total cost
of medical care in the United
States involves people 65
years of age or older, and
health care costs are increas
ing an average of 15 per cent
a year. In addition, the Social
Security system is being
threatened, and Medicare,
the health insurance program
for the elderly, is in finacial
trouble. Some analysts
predict that Medicare may
run out of money by 1987.
Skyrocketing health costs
coupled with hard economic
times and the ‘gray’ popula
tion. boom mean that future
resources will be limited and
each older individual must
assume a greater respon
sibility for his or her own
health.
This is where LIFE can
help. Starting this spring a
LIFE self-help training series
for older adults will be offered
around the state. The series
will teach health, fitness,
recreation, nutrition, stress
management, and communi
ty involvement.
LIFE strongly urges older
adults to stay active by work
ing in a full or part-time job,
starting their own business,
learning hobbies, getting in
volved in local or state
politics, or serving as
volunteers in worthwhile
community projects. Our
studies clearly show that busy
people are healthy people.
Our LIFE program recom
mends eating right to stay
healthy. Eating nutritious,
healthful foods is good
GUARANTEED FOR THE
AN BAYOU CAN DANK ON
Now s o greotlime to os* your
RA ..tor olot of good reasons
• Now. thru Apr* 15lh. you can
deposit up to S4OOO 00* in an RA
. ard sun petered* on your m*
toes
Now is a great time to get your IRA...
Now thru April 15th you can deposit
in an IRA and get credit on .your 1982
taxes.
EDENTON SAVINGS & LOAN
322 S. BROAD STREET
EDENTON, N.C. 27932
preventive medicine. Our
nutrition experts suggest that
older adults eat a variety of
high quality foods, watch how
much they eat, avoid foods
high in sugar and fat, and
limit the amount of salt in
their diets. Older people who
are overweight and those who
eat improperly are much
more susceptible to heart at
tacks, high blood pressure,
diabetes, and many other
debilitating health problems.
I believe that people age ac
cording to the way they live.
Our LIFE program will show
that maintaining and improv
ing physical health through
regular exercise can be fun
and may decrease tension and
the loss of muscular fitness.
Many of the health problems
of older people are a direct
result of too much inactivity.
For example osteoporosis, the
deterioration of the bones
common among older
women, can be prevented by
exercise and proper diet.
Investment Tax Credit
According to the write-off
schedule for five-year assets,
you deduct 15 per cent of the
asset’s cost in year one, 22 per
cent in year two, and 21 per
cent in each of the last three
years. Thus, for the $5,000
computer the deduction for
1982 is $750. You then deduct
$l,lOO in 1983, and $1,050 each
year from 1984 to 1986.
Another savings you are
allowed for capital property
purchases is the investment
tax credit (ITC). During the
year of purchase you can sub
tract a portion of an asset’s
cost from your tax bill. For
property written off in three
years, the tax credit is six per
cent of the asset’s cost. For all
property written off in more
than three years the ITC is 10
per cent.
Going back to our example
of a $5,000 computer, which is
written off in five years, the
ITC is SSOO (10 per cent of the
$5,000 cost). The SSOO is taken
right off your 1982 tax bill.
You can still depreciate the
entire $5,000 computer cost
over the five-year schedule.
Another improved tax op
tion is also now available.
Another important part of
LIFE is teaching older adults
how to effectively manage
stress. Stress can cause impa
tience, worry, and anxiety,
and in severe cases can lead
to heart attacks, strokes, and
mental illness. But stress can
also be natural and positive
part of life, and it is only when
stress levels become un
balanced that it is harmful.
Doctors, physical
therapists, psychologists,
nutritionists, and other health
professionals all agree that a
program such as LIFE - that
emphasizes staying active
eating right, getting regular
exercise, and controlling
stress - can improve the quali
ty of life for older adults dur
ing their golden years.
But the decision to get in
volved in LIFE is up to each
older citizen. Join us by com
mitting yourself to an active
LIFE. I can assure you it will
be a richly rewarding
experience.
CPAs point out. You can now
“expense” the first $5,000 of
your capital costs of assets for
the year you made the pur
chase. In other words, you
can write off the full cost of
the first $5,000 worth of
business equipment acquired
during 1962.
The catch is, you cannot
take the investment tax credit
if you “expense” the cost. It
is up to you to either claim the
SSOO ITC and depreciate the
$5,000 over five years, or im
mediately “expense” the
$5,000 and forfeit the SSOO ITC.
If your small business is a
corporation you will probably
have to increase your
estimated tax payments this
year, CPAs note. Under the
new rules, these payments
must equal 90 per cent of your
final tax liability, or you will
be subject to a penalty. The
amount jumps from 80 per
cent last year. i
According to CPAs, there
are other tax savings you may
claim on your 1962 return. The
tax credit for rehabilitating
old buildings has increased
from 10 per cent of your costs
to 15 per cent, on buildings
which are 30 to 39 years old.
Higher credits may pertain to
older buildings or certified
historic structures.
In addition, if your small
business is a corporation, you
can now deduct 10 per cent of
your taxable income for any
charitable contributions. That
is double the 1981 rate.
Although it won’t affect
your 1962 taxes, the ACRS
rate increases scheduled for
1965 and 1986 have been
cancelled. Also, in 1983 and
beyond, the basis of your
depreciable assets will be
reduced by one-half the
amount of the ITC. So, if you
purchase the $5,000 computer
in 1983, the cost basis for
depreciation will be $4,750
($6,000 cost minus half the
SSOO ITC or $250).
Woodrow Wdron'i loco
adorn* the front of the U.S.
Tr*a*ury'i SIOO,OOO note.
THE CHOWAN HERALD
Tests For Food Texture
By Bob Cairns
When man bites hot dog, a
good one will snap back!
“The snap-back or bounce
found in the texture of a hot
dog, the crunch of a potato
chip, and the cracking sound
made by a good apple can be
as important to how we sense
food as its taste or aroma,”
said Dr. Donald Hamann, a
North Carolina State Univer
sity professor of food science.
Hamann, who describes
himself as a food engineer, is
involved in food development
projects, with his associates
in NCSU’s Department of
Food Science.
In tests for texture,
Hamann is using
sophisticated instrumentation
to pull, push, extrude, bounce
and vibrate foods ranging
from blueberries to simulated
fish products.
“We’re also looking at what
constitutes crispness and the
part it plays in texture of
foods such as apples, pickles
and potato chips,” Hamann
said.
Auditory equipment which
correlates sound waves
enables Hamann to compare
the crunch of a crisp pickle
with the sound of a soggy one.
“Texture is of the utmost
importance,” he said. “A food
product must feel and sound
right to taste right.”
Hamann described an apple
with good texture as one with
a great deal of fluid in its
cells.
“A high water content
means the apple will be
juicier and crisper,” he said.
He explained that every
food has its own
characteristics of texture and
should be judged accordingly.
“The hot dog should resist
the bite just long enough and
not be too soft or too hard.
When it breaks, the meat
should have a little bit of a
snap to it,” Hamann said.
“Cheeses are soft and offer
little resistance to the bite.”
With the pickle the con
sumer expects some
resistance and looks forward
to the sound of the crunch, he
said.
Instrumentation plays an
important role in the resear
cher’s efforts to identify and
then assure good texture in
new food products, but
Hamann said the human
judgment is still most
essential.
A professional sensory
panel, composed of eight peo
ple employed by the NCSU
food science department,
grades aroma, taste and tex
ture of food products.
ALL SILVER REPLATING
REDUCED 25%
No charge for straightening*
DURING APRIL ONLY
Make this YOUR Silver
Investment for the Future!
Every Item Replated at Sale Prices
For instance
Since the value of old silverplated items continues to Artkt * —**« f**
soar. . this is an excellent time to take advantage of Teapot $92.95 $69.71
these low, low prices to hpve your worn r lverware, Creamer 48 95 36.71
antiques and family heirlooms replated like new. i nin ,'aa
These pieces are now more valuable than ever and tc * lper n ) a
make wonderful gifts. All work HEAVILY Sugar Bowl 52.95 36.71
SILVERPLATED by our skilled silversmiths and Sale Trays (per sq. in.) .. .42 .32
prices apply to ALL pieces
* FNiavrWiiTHtyiijiimrißUtNi. I
’REPAIR POLICY: FREE BENT REMOVAL a** straightMMf 6a al Nam* m sNnrpiatt.
‘OklY $18.95 FOR ANY MHO AND AU ADDITIONAL KPAIRS, ae Matter how astaasiv*.
oa aay piece m sitosrptots. htcßdw soMeriai broken kaadtos. top, knots, etc.
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SALE ENDS APRIL 30
BRING IN SILVER TODAY!
Babig Jetoeto
“When the professionals
judge texture, food
preference* are put aside,” he
said. “Whether it’s a pickle or
potato chip, it is always rated
against a standard (high
quality) product. The panel
determines the product’s tex
ture using a scale (crunchier,
as crunchy, not as crunchy).
Delores Moncol, NCSU’s
sensory panel leader, said
most consumers are flavor
conscious and rarely think of
texture when eating a
product.
“But if one of their favorite
foods should suddently taste
chalky or lack texture in some
otherway, believe me, they
would know it,” she said.
Hamann said that as a food
engineer he almost always
works with other faculty
members, people with a need
for information about texture.
This semester we’re looking
at the gelling properties in a
simulated shrimp product be
ing developed in the
department.
“When the results are in, if
the texture doesn’t have the
right snap, it won’t seem like
shrimp, Hamann said. “The
chance of a product with poor
texture getting out of the
laboratory and into the
market place is non-,
existent.”
Honor Roll
Chowan Alternative School’s
A-B- Honor Roll for the Ist
Grading Period of the 2nd
Semester :
9th Grade
Cindy Cayton
10th Grade
Michelle Jemigan, Mitchell
Leary, and Deneen White.
Uth Grade
Chrystal Perkins
12th Grade
Jackie Riddick
Benita Privott-
Gwaltney Promoted
Joseph A. Priestley, presi
dent, announced the promo
tion of C. J. Gwaltney, Jr., to
vice-president-Manufacturing
of the George C. Moore Co. of
Westerly, R.I.
Gwaltney has been with the
George C. Moore Co. for the
past 18 years, most recently
as general manager.
In his new capacity
Gwaltney will be responsible
for all manufacturing func
tions of the company. George
C. Moore Co. has plants in
Edenton, and Greeneville,
Tenn.
Gwaltney, his wife Marilyn,
the former Marilyn Anderson
of Westerly, and their three
sons presently reside in
Greeneville, Tenn.
v ft: >x l|K |{js <i $
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COMPLETES SERVICE COURSE—Michael Perry of Dixon Logging Co., who attended
a recent service school held at the Virginia Beach headquarters of Stihl Incorporated, receive*'
congratulations from Ben Crago, left, Stihl’s technical services manager, »nd from Fred Jj=
Noe, right, president of Stihl Incorporated. Makers of the world’s largest filing rhnin
Stihl is one of the few outdoor power equipment manufacturers that maintaina a full-time’
inside training staff who conduct regular series of service courses in behalf of the
dealers. s Q
Tax Write-offs For The Small Business
If you own a small business,
your tax planning will pro
bably be affected by im
provements in pension plan
options, recent increases in
tax write-offs for purchases of
capital property, and new cor
porate estimated tax re
quirements. According to the
North Carolina Association of
CPAs, changes in rules for
pensions and property write
offs may reduce what tax you
owe for 1982, and new
estimated tax requirements
will affect what you will pay
in taxes throughout 1983.
Changes in pension plan
regulations may affect your
1982 taxes. Beginning in 1982
you can have an Individual
Retirement Account even if
you already have a Keogh ac
count for your partnership or
business. You can contribute
up to $2,000 into an IRA
anytime before you file your
tax return, and then deduct
the cost from your 1982
income.
You also have a couple of
options for writing off the cost
of most capital property. You
can either depreciate the pro
perty according to a specific
schedule, or "expense” up tb
$5,000 worth of business pro
perty all at once for 1982.
To make it more easily
understood, let’s say that dur
ing the year you bought a
$5,000 computer for your
business. In the past, you
might have depreciated such
an asset according to its
useful life.
Under the Accelerated Cost
Recovery System (ACRS)
begun in 1981, larger
depreciation write-offs are
allowed over a shorter period.
Business property is divided
into four groups written off in
periods of three, five, 10 and
JOHN DOWD
& ASSOCIATES, INC.
INSURANCE
★ ★ ★ ★ ★
CALL FOR ALL YOUR
INSURANCE NEEDS
AUTO HOME LIFE’
HEALTH COMMERCIAL
REAL ESTATE
v Ml* MIWIwL « KnJ irlAjt.
CURRENT LISTINGS
BROAD STREET:
3 BR brick home with LR, dining room, den, kitchen.
SINGLE FAMILY DWELLING:
L.R., D.R., 2 BR, 1 Bath, Kitchen. On Johnston Street.
TWIDDY AVENUE:
Nice brick home, 3 BR, Great room w/fireplace, wall to wall
carpet. Frame storage building.
ALLENDALE:
4 Year Old Brick Home Features 3 Bedrooms, Bath & Vi, Den with
Fireplace On Corner Lot.
HARVEY POINT ROAD:
3 Miles From Hertford; Lovely Brick Home, 3 Bedrooms, 2 Baths,
Den with Fireplace, Dining Room and Foyer. Priced To Sell.
CAPE COLONY AREA:
Neat cottage in wooded area. Priced to move.
MEXICO ROAD:
Attractive Brick home featuring living room, den-kitchen, (with
fireplace), three bedrooms, two baths, utility room, garage.
MORGAN PARK:
Lovely brick home with living room, huge den (fireplace), rec
room, kitchen, three bedrooms, two baths, screened porch.
ALLENDALE:
Nice brick home in good location. House features living room, din
ing room, kitchen, utility, three bedrooms, two baths.
ARROWHEAD BEACH:
2 Bedroom home with kitchen, den, and glass patio.
QUEEN STREET EXTD.:
Brick 3 BR Home, IV2 Bath, LR, Den, 2 Fireplaces, Central Air
& Heat.
N. C. 32:
Block Bldg., 2 Acres Land, Mobile Home Included.
HISTORIC DISTRICT:
2 Story, 3 Bedrooms, 3 Car Garage, Fireplace, Floored Attic, Chain
link Fence, Excellent location.
HISTORIC DISTRICT:
4 Bedrooms, 3 Baths, 5 Fireplaces, Livingroom, Dining Room, Eat
In Kitchen, Laundry room, Woodburning Stove. Included, Studio
Apartment.
OTHER LISTINGS:
60 x 12 Mobile Home, Well Constructed & Insulated. Excellent Buy.
Various Home Sites & Commercial Property Available.
CAPE COLONY AREA:
Mobile Home on Large Lot, Rear Deck & Screened Back Porch,
New Spacious Garage-Workshop.
COUNTRY CLUB DRIVE: i -~
Excellent Waterfront Property, Sandy Beach, 2 Boat Slips; 3
Bedrooms, 2Vi Baths, Great Room, 2 Car Garage.
CHOWAN BEACH:
Neat 2 Bedroom Home, 3 Out Buildings, Chain Fence, Large Lot
Priced to SELL. I
WATERFRONT LOTS FOR SALE
John Dowd* Doom \Afhitt«
n«it*rlit Urwiit
DGrßrijr morn*
Thursday. March si. isaj
15 years.
The business computer in;;
our example falls into the five
year write-off period. Others
five year property include*]
heavy trucks and most office]
furniture and equipment. : L :