?ion Baptist Church in Mt. Airy installs Carlton Rucker as new pastor
? TK* ! - - * ? '
iiiv luouuiauuil service ior
the Rev. Carlton Rucker Sr.
was held at Zion Baptist
Church in Mount Airy, N.C.,
Feb. 23.
Rucker began preaching in
Mount Airy in March 1996; he
was accepted as pastor of the
church in August of that year.
Before he became pastor of
Zion Baptist, he was an associ
ate pastor at New Jerusalem
Baptist Church in Winston
Salem, under the Rev. Samuel
J. Cornelius.
Rucker was born in
Mocksville, N.C., to Mamie
and Bishop Rucker. He is mar
ried to the former Pauline 0.
McDaniel, and they have eight
-u
the Kev. Carlton Rucker Sr.
children. He attended Davie
County Training School, and
later, Piedmont Bible College.
Rucker served as a deacon
at New Light Baptist Church
and began his ministry while at
the church. He is retired from
R.J. Reynolds Tobacco
Company in Winston-Salem.
Since accepting the pastor
ship of Zion Baptist Church in
Mount Airy, he has started two
nursing home ministries.
Mr. and Mrs. Rucker were
escorted into the church Feb.
23 by Pearl Singletary and
Andy Temoney. Call to wor
ship was given by the Rev. J.R.
Rudd, pastor of Oak Spring
Baptist Church and the moder
ator of the High Point
Educational and Missionary
Baptist Association. Rudd was
also the presiding pastor for the J
installation service. Scriptiny
was read by Jones. The prayer
was given by the Rev. J^.
Walker, pastor of Jones Chapel
Baptist Church. The welcome
was given by Rachel Carter.
The Honorable Emily Taylor
gave the welcome address to
the Ruckers on behalf of the
City of Mount Airy. Rucker's
history was read by Arlee
Gwyn, the presenting of flow
ers was by Helen Thompson.
The presenting of gifts was by
Betty Barr and Roxie Rucker.
The Church keys were given by
Joe C. Pilson and Roxie
Rucker; Deacon James Russell
Gwyn escorted the new pastor
to his new puipit.
The charge to the minister
was by the Rev. Leake. The
charge of the church was by
Walker.
Also present to give words
of encouragement to the new
pastor and his wife as
Alderman Vivian Burke of
Winston-Salem.
Special guest church was
New Jerusalem Baptist Church,
where the Rev. Rucker had
served as an associate pastor.
The Rev. Samuel J. Cornelius
delivered the installation ser
mon. Accompanying him was
the male chorus from his
church. The spiritual choir also
ii ?
sang songs.
Before the afternoon ser
vice began, the visitors were
provided with a luncheon
which had been prepared by
the members of Zion Baptist
Church.
TIm Triad SIn?Im Um
Where Single* Become Couplet
Every Day!
727-1166
?FREE
Local Call
?FREE
Voice Mail Box
? Listen for FREE
Serving Winston-Salem,Greensboro, High Point Area
1001 S. Marshall St., Suite 43,
WS, NC 27101
=s=a
Frequently Asked Questions at Tax Time
Reducing the "tax bite" is a
; year-round concern for most
; Americans ? but it takes on
J heightened focus at tax return
; (preparation time. The follow
; |ing is a roundup of answers to
'/frequently asked tax-related
; questions that may be of inter
est to you as an investor. Please
.note that the information con
tained in this "Q&A" does not
constitute tax advice. Be sure
? to consult your tax adviser
before implementing any tax
'? related investment strategy.
Q: As a retiree, what can I
do with the lump-sum distribu
I tion I received from my
employer plan on retirement?
A: A lump-sum distribution
on retirement may be available
, for a rollover to an Individual
Retirement Account (IRA) or
: may qualify for special tax
treatment such as five- and 10
year forward averaging.
L Please note that five- or 10
? year forward averaging is avail
' able only to recipients who
I were plan participants for at
I least five years prior to the year
of distribution. Income avcrag
1 ing may be utilized only once
in a lifetime. To qualify, the
' individual must have attained
2 i.*. *v- _ * _ lit ? * ao f
| age ju prior ro Jan. 1, iyoo.
> Other individuals are eligible
for five-year averaging, but
;only after attaining age 59-and
. a-half. (Five-year averaging
iwill be repealed for distribu
tions after 1999.)
| Distributions from employ
> er qualified pension plans are
? now generally subject to a
. mandatory 20 percent with
\ holding tax if the funds are not
directly rolled over into an IRA
or to another employer's quali
fied retirement plan. This 20
percent withholding tax does
not apply to IRA or SEP-IRA
(Simplified Employee Pension
Plan) distributions.
Q. How often can I borrow
i from my IRA account and roll
over funds?
? A. You're allowed to take a
distribution from your IRA
account and repay the funds
within a 60-day period withbut
any income tax consequenbes.
. This may be done only once in
; a 12-month period from the
ydnte of the withdrawal.
Q. May I borrow from my
''?retirement account?
*, A. If your employer's plan
permits it, a loan to a plan par
ticipant will be treated as a
* loan and not as a taxable distri
I
| v- ? ? 'I:'* ???".- J
bution if the term of the loan is
no longer than five years
(except for home loans) and the
amount of the loan does not
exceed $50,000 or one-half of
the present value of the
employee's non-forfeitable
accrued benefit, whichever is
less. However, plans may per
mit up to $10,000 to be bor
rowed even if it is more than
one-half the present value of
the employee's non-forfeitable
accrued benefit. (Special limi
tations apply to sole propri
etors, 10 percent partners and 5
percent S-corporation share
holder employees.)
Q. May I make an IRA
contribution after I file my tax
return with an extension?
A. IRA contributions for
the previous year must be made
no later than April IS of the
following year ? with no
extensions.
*-v ttn 4. ? 4.1 i* ? a A
y. wnai is me uiviuenu
exclusion for corporations, and
what dividends qualify?
A. A 0 corporation is enti
tled to a special deduction of
70 percent from gross income
for dividends received from a
domestic corporation that is
subject to income tax. The divi
dend-received deduction
applies to both common and
preferred stock.
Q. Does an S corporation
qualify for the dividend
received exclusion?
A. An S corporation does
not qualify for the dividend
received deduction. Only a C
corporation (i.e., one that files
a Form 1120 U.S. Income Tax
Return) qualifies for this
deduction.
Q. I want to make a gift to
my child. What is the "Kiddie
Tax"?
A. Under the "Kiddie Tax,"
the unearned income of a
minor child ? such as interest
income, dividend income and
capital gains ? is taxed as fol
lows:
For children under 14 years
of age :
1) Annual income up to
$650 is tax free.
2) Annual income between
$650 and $1,300 is taxed at the
child's rate, 15 percent (the
lowest individual income tax
rate).
3) Any income over $1,300
annually is taxed at the par
ents' tax bracket.
INVESTMENT NOTES
By Michael J. Robinson
For children over 14 years
of age:
1) Annual income up to
$650 is tax free.
2) Annual income over
$650 is taxed at the child's
rate.
Gifts to children are usual
ly made under the Uniform
Gifts to Minors Act or Uniform
Transfers to Minors Act to
achieve investment flexibility.
(Gifts made under these acts
are irrevocable.)
Q. What are the tax rules
regarding gifting?
A. The gift tax annual
exclusion is $10,000 per calen
dar year per donee. Any gift
above the $10,000 will be off
set by the unified credit against
gift and estate tax. If and when
those additional gifts exceed
$600,000, the donor will pay
gift tax.
This article does not con
stitute tax advice. Investors
should consult their individual
tax advisers before making any
tax-related investment deci
sions. Information and data in
this article were obtained from
sources considered reliable.
Their accuracy or completeness
is not guaranteed and the giv
ing of the same is not to be
deemed a solicitation on Dean
Witter's part with respect to the
purchase or sale of securities or
commodities.
For additional information,
please write care of Michael J.
Robinson, Dean Witter
Reynolds Inc. 380 Knollwood
St., Suite 500 Winston Salem,
NC 27103.
(Michael J. Robinson is
vice president of investments at
Dean Witter Reynolds Inc.)
NOTICE OF PUBLIC HEARING
CITY OF WINSTON-SALEM
The Board of Aldermen will consider proposals to amend the
City of Winston-Salem Zoning Ordinance as shown below:
DATE: March 24. 1997 TIME: 7:30 PM
PLACE. Board Q< Aldermen Chamber, City Hall
a) Proposal of JDL Castle Corporation to amend Chapter B
Zoning Ordinance of the UDO to amend Section 2-5.62 School,
Private and Section 2-5.63 School, Public regarding the lot area
(campus size) for these schools - UDO-23.
b) Proposal of JDL Castle Corporation to amend certain sections
of the UDO as follows: Chapter A Definitions Ordinance, Article
II - Definitions regarding a new definition for Charter Schools;
Chapter B zoning Ordinance, Section 2-5 - Use Conditions
regarding new regulations for Charter Schools - UDO-24.
Prior to the hearing, interested persons may obtain any additional
information which is in the possession of the City/County
Planning Board in that office at City Hall on weekdays, 8:00 a.m.
to 5:00 p.m.
Interested citizens will be given an opportunity to be heard.
All requests for appropriate and necessary auxiliary aids and ser
vices must be made, within a reasonable time prior to the hear
ing, to Angela I. Carmon, the City's ADA Coordinator, at 727
2056 or TDD 727-8319.
THIS MEETING WILL BE BROADCAST LIVE ON CITY TV-13. |i
Loris R. Colclough, Assistant Secretary l|
"There's much more to health
care than promoting wellness
and caring for the sick. I really
believe that a 'joyful heart is
good medicine.'"
Wynde Goins, PA-C
A graduate of the Bowman Gray
physician assistant program,
Ms. Goins believes that health care
should treat the complete patient,
not just the illness. Her philosophy
promotes a comprehensive
approach to medicine.
A ?
/ 1/VH P Family
/irV|S Health
x ivwlu centers
/jfjjS Ah Affiliate of Bowma# Gray/Baptist I loapital Medical Center
http://www.bgsm.edu/Aegis/
AEGIS FAMILY HEALTH CENTERS?
PINE RIDGE FAMILY PRACTICE
7990 North Point Blvd.
Winston-Salem, N.C.
"I try to minister to the needs
of the whole person in partner
ship with the patient so as to
achieve and maintain wellness
in body, mind and spirit."
Bruce Lantelme, M.D.
Dr. Lantelme, a board-certified
family practitioner, believes that
health maintenance should
address each individual's physi
cal, psychosocial and spiritual
dimensions. He is currently
accepting new patients.
UMi
j Trip to Atlantic City I
May 9, 10, 11 1997
3 days and 2 nights of fun and winning
Depart Winston-Salem 2am on May 9, 1997
1 ?? ?
3 days and 2 mgnts lodging
Bonuses to play at Casino (
Bus ride to and from Atlantic City
Prize drawing enroute
$50.00 bill to the lucky ticket holjjj
Return approximately 9pm on May 11, 1997
^11 this for only $190.00 per person, must have a $50.00 deposit by
Wtotoft-Sateai (9M) 777-0834 ,
HK (9io) wSps
d^^^OjundaMJnless Trip IS C|jpJted.
*
\