Congratulations, Madam President Outgoing Chowan, Arts Council President Betsy Hunt, left, extends her congratulations to incoming President Barbara Conger. Hunt, the first CAC president to serve two terms, is being succeeded by Conger, one of the first CAC board members ever to serve two consecutive three-year terms. (Staff photo by Rebecca Bunch) , Rabies Clinic Planned July 15 On Saturday, July 15 there will be a rabies vaccination clinic for all Chowan County dog and cat owners. The clinic will be held from 1:30 pm to 3:30 pm at the Chowan-Gates Animal Shelter located at 138 Icaria Road, Tyner. The price for each vaccination is $5. I When Can I Take Food With My Medicine? Some medicines are best.taken with food, and others are not. To help make sure you have all the important information about your medicines, we include a Patient Information Leaflet for most prescriptions. In addition to any possible side effects or precautions related to your medicine, you'll also learn the best time to take food with your medicine. And, if you're still uncertain about anything, we'll take the time to talk with you and answer any questions you may have. Blount's Mutual Drugs Downtown Edenton • 482-2127 State, county and town law requires all dogs and cats to wear current rabies vaccination tags. Failure to comply may result in court action and impoundment of animal. To prepare a pet for the vacci: nation, all animals, both dogs and cats, must be on a leash, restrained or confined to a pet carrier. The animal’s owner must show written proof of animals previ ous vaccination to obtain a three year Vaccination tag. The clinic is sponsored by Chowan Animal Control in coop eration with the Chqwan Ani mal Hospital and the Chowan Gates SPCA. Come to the clinic and have your pet vaccinated. Read the Herald weekly , and stay informed! 1 WATER FOUNTAIN NATURAL Spring Water )482-2306 5 gal. net Bottle Spring Water Delivered To Your Home or Office of Edenton 482-3697 THIS SUMMER SIGN UP AND GRAB A $20.00 UTILITY BILL SAVINGS... Edenton Electric Utilities is now offering their customers with central air conditioners the opportunity to grab a $20.00 utility bill credit when they sign up for total load management. This new savings program allows Edenton Electric Utili ties to cut off central air conditioners and electric water heaters during peak days (only 1 to 6 days a month from 2-6 p.m.). In return a $20.00 credit for cooling is given. For more information on Total Load Management call Town of Edenton Utilities 482-2155 4 Hospital Foundation Gets Donation From Centura Centura Bank recently made a donation of $1,000 to,the Chowan Hospital Foundation 1995 Annual Fund Campaign, designated for use in Chowan Hospital’s Cardiac Rehab Clinic. Steve Skinner, Senior Vice Presi dent with Centura in Edenton commented “We are very pleased to be a supporter of the Chowan Hospital Foundation. The Car diac Rehab Clinic has touched many lives in our community, and we want to do our part to strengthen this vital service.” Betty Bunch, Centura Vice President and member of Chowan Hospital’s Board of Di rectors, added “This donation comes as a joint gift from Centura’s Retirement Services and from our Edenton-Elizabeth City Region. We are proud of Centura’s commitment to sup port our local charitable organi zations.” Said Barbara Cale, Chowan Hospital Administrator, “Centura Bank has a great tra dition of sponsoring worthwhile community efforts. We know that our Cardiac Rehab Clinic makes an impact, arid this gilt will en able us to expand this service and better serve our patients,” Chowan Hospital Foundation Executive Director Earl Bassett added “As our 1995 Annual Fund Campaign nears it's conclusion, , we are especially grateful for this splendid gift. With a Base Goal of $50,000, this gift puts us over the $59,000 mark for our fund drive.” Anyone interested in making a contribution or in receiving information about the Chowan Hospital Foundation can reach Bassett at 482-6440. COA’s Chowan County Center Is Changing Course Schedules College of The Albemarle’s Chowan County Center has changed its credit course sched uling at the for the upcoming fall quarter to better reflect student demand. The schedule for the fall is based on a four-day, Monday Thursday format from 10 am 3:30 pm and 5:30-10 pm. The majority of the courses are now two class meetings instead of three, usually meeting on Mon day and Wednesday or Tuesday and Thursday. Thi s will help stu dents with transportation and child care concerns. “We looked at the schedule for < the past two years, what courses 1 were offered and when most stu- a dents attended and how many < students attended both the ' Chowan County Center and the main campus,” said Sharon Sass, Vice President for Academic Af ,( fairs at COA. “The schedule re- 1 fleets when most students at- 1 tend. The Chowan County Cen ter schedule complements the ' main campus schedule and now many students will be able to attend both campuses without conflicts.” ( Some classes will still be held ( n Fridays. Some developmen al classes will meet five days a veek. College Success Skills and me section of Word Processing vill also have Friday classes. New thigjfall at the Chowan bounty Center is the course The College Experience which is a ine-hour per week overview of he college, study skills, and test aking skills. Students can also take the tele nurses Economics U$A, The business File, and Sociological magination through the Chowan County Center. For more information on course (fferings at the Chowan County Center, call 482-7900. Society To Hear Holley's Poem The Executive Committee of The Famous Poets Society has chosen the poem "Nana Lee," written by Antoinette P. Holley of Tyner, to be pre r sented at their first annual Poetry Convention. ■ Formal presentation of the poem will be held at the Dis neyland Hotel in Anaheim, 1 EDENTON GLASS SHOP Storm Windows & Door Repair • Picture Frames • Screens • Table Tops • Mirrors Insulated Glass • Plexiglass • Lexan Commercial & Residential Repairs 203 S. 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WE ACCEPT: INSURANCE ASSIGNMENTS WITHIN POLICY LIMITS AUTOMOBILE ACCIDENTS • WORK RELATED INJURIES MEDICARE AND MEDICAID WELCOME WE TREAT: Sports Injuries • Neck Pain • Back Pain • Headaches • Arm & Leg Pain • TMJ Disc Injuries • Pinched Nerves • Arthritis • Carpal Tunnel Syndrome USE THIS COUPON TO RECEIVE COLONIAL CHIROPRACTIC 208 North Broad Street L Edenton 482-8978 421 Soujtv Peachtree St. Ahoskie 332-6117 - / financial planning BUSINESS SUCCESSION PLANNING (Some Techniques for Small Businesses) Every family-owned business should have a succession plan to provide a smooth transition of ownership upon the owner's death or retirement. Each plan will be different, depending on the owner's wishes and the particular circumstances of the business. Here are some of the planning techniques you may want to consider. A buy-sell agreement provides for family members, partners or the business itseif to buy back the owner’s shares upon certain specified events such as death, disability or retirement. The agreement specifies the details of the sale and usually includes a pricing formula. Purchase of the stock is often funded by life insurance policies owned by the company or family members. Advantages are that the transfer of ownership is spelled out in advance, shares are kept out of the hands of competitors, and proceeds from the sale of the shares can be used to offset estate taxes. Gifting shares or partnership interests to family members can be an effective way to transfer ownership of the business over time. The law allows an annual tax-free transfer of $10,000 to each recipient. As an added advantage, the IRS allows you to discount the shares below their appraised value if they are a “minority interesf which does not control the business. Employee stock ownership plans (ESOPs) offer a tax-advantaged way to sell your business ityou have no family successors. Special tax rules allow you to sell the company to your employees via an ESOP and invest the proceeds in stocks and bonds meeting certain tests without being taxed on the gain. Employee-run businesses have had mixed success, however, so you should consider factors other than just the tax benefits. These are just a few of the many planning techniques available to closely held businesses. Contact us if you’d like to discuss a succession plan for your business. I8YKE8 8t COMPANY. P.A. CERTIFIED PUBLIC ACCOUNTANTS/ ADVISORS TO BUSINESSES ft INDIVIDUALS 101 W. King St, 2nd Floor (•1ft)4M-7044 200 N. Water St. (111)111-111 Edenton, North Caroline 27932 Elizabeth City, North Carolina 27909 L PROVIDING COMPLETE FINANCIAL MAMAOlMlilT 1BWVICM i. P CA during Labor Day week end. Holley’s poem was se lected from poems submitted during the past 24 months to be eligible for the presentation. Holley will also receive a Diamond Homer Trophy and will be inducted into the pres tigious Homer Homor Society of International Poets. Holley has ajso written several other \i poems. HERALD CLASSIFIEDS... Reach Thousands By Calling Us At 482-4418 • Repairs • Accessories • Table & Floor Lamps • Over 1,000 Shades In Stock The LAMP & SHADE 355-7606 shop Arlington Village, Greenville Want A Challenging Sales Career? Then talk to Jim Perry. Jim has excellent oppor tunities waiting for you in certain parts of North Carolina. Maybe where you are right now. * Give Jim a call today. Talk To The Integon Listener. JAMES 0. PERRY, JR. Regional Vice President P.O. Box 5009 Cary, NC 27511-5009 1-800-662-8830 1