Like Your Apartment
Enough To Buy It?
How much do you like your
a8*rtment? Enough to buy it?
You might be faced witli
having to decide some day,
says the Better Business
Bureau. All over the country
many apartment houses are
being converted to con
dominiums.
Generally speaking, the
term condominium refers to
individual ownership of units
in a multi-unit project, with
land and all other parts of the
project owned in common.
Upkeep of jointly-owned
property is covered by
monthly maintenance fees.
If an apartment building in
converted to a condominium
development, it can be a good
idea to buy an apartment —
either the one you’re living in
or another in the building.
Instead of throwing away
thousands of dollars in rent
money, you’d be making an
investment, with a gain from
any increased value of your
unit. As a condominium
owner, you could realize a
substantial tax advantage
over renting an apartment.
A FEW DRAWBACKS
But there can be some
drawbacks too. Your first
problem could be coming up
with several thousand dollars
for a down payment. And
remember that you would
become part owner of the
plumbing, wiring and other
common structural elements
of the building. If these things
haven’t been well maintained
or are outdated, you and the
new owners would have to
bear the substantial cost of
restoration. Sometimes
apartment dwellers are
victimized in a conversion by
speculative operators who
take advantage of the current
condominium boom to dump
aging or undesirable
buildings.
Before you commit yourself
to anything, find out if an
engineering survey was made
«f the property and if resultant
work has been completed. Are
there any housing violations
outstanding?
? Have there been any im
provements to enhance the
livability of the project, such
ps the addition of a swimming
£ool or other community
facility? Have kitchens or
bathrooms been remodelled?
ROLE OF DEVELOPER
There are some other
questions you should answer
before you decide to buy:
— Is the developer retaining
control over certain elements
of the project, such as
recreation facilities or
parking spaces? This can
become a real problem
because the developer could
charge exorbitant fees for you
to use the facilities.
Another related problem is
that if a developer buys a
single condominium unit for
his own use, as an owner he
could prevent any change in
the declaration (by-laws of the
project) not to his liking.
(Usually 100 percent of the
owners must agree to
amendments of the
declaration.)
— Find out also if the
developer has reserved the
right to control the con
dominium management or to
NOTICE OF
DISSOLUTION OF
TRANSYLVANIA
INDUSTRIAL
DEVELOPMENT
CORPORATION
Notice is hereby given that
Articles of Dissolution of
Transylvania Industrial
Development Corporation, a
North Carolina corporation
were filed in the office of the
Secretary of State of North
Carpiina on the 16th day of
December, 1974, and that all
creditors and claimants
against the corporation are
required to present their
respective claims and
demands immediately in
writing to the corporation so
that it can proceed to collect
its assets, convey and dispose
of its property, pay, satisfy,
and discharge its liabilities
and obligations, and do all
other acts required to
liquidate its business and
affairs.
This the 16th day of
December, 1974.
TRANSYLVANIA IN
DUSTRIAL DEVELOPMENT
CORPORATION
By: Gilbert F. Coan
Box 949
Brevard, N. C. 28712
T12-19-4tc
When you think of
prescriptions, think of
VARNER'S adv.
add new facilities.
— Consider also whether
you want a group, the con
dominium association,
determining your future costs
and expenses (in the way of
monthly maintenance fees).
If you are a tenant in a
building that’s being con
verted and you don’t want to
buy, there’s probably nothing
you can do except move, the
BBB advises. Some states
have laws giving you as much
as four months to move out. If
you have a long-term lease,
you can’t be evicted until it
expires, provided, of course,
that you comply with the
terms of the lease.
For more information
concerning condominiums,
write for the free 49 page
booklet “Questions About
Condominiums: What To Ask
Before You Buy,” prepared by
the Department of Housing
and Urban Development and
available from Consumer
Information, Pueblo CO 81002.
STATE OF
NORTH CAROLINA
TRANSYLVANIA COUNTY
IN THE GENERAL COURT
OF JUSTICE
SUPERIOR COURT
DIVISION
EXECUTOR'S NOTICE
Having qualified as
Executor of the Estate of
Irving R. Kendall of Tran
sylvania County, North
Carolina, this is to notify all
persons having claims against
the estate of said Irving R.
Kendall to present them to the
undersigned within six months
from date of publication of this
notice or same will be pleaded
in bar of their recovery. All
persons indebted to said estate
please make immediate
payment.
This the 31 day of Decem
ber, 1974.
Ida C. Kendall
Franklin Street
Brevard, N. C. 28712
RAMSEY, HILL & SMART
Tl-2-4tc
Milestone In Agriculture
The mechanical reaper has
been called the most significant
single invention introduced into
American fanning in the first
half of the 19th century. It
marked agriculture’s transition
from hand labor to machines.
SELF EMPLOYED?
WITH THE NEW
FIRST STATE
RETIREMENT PLAN...
- - You Pay No Income Tax
On Up To $7f500 Of Your
Yearly Income Until You Retire!
That’s right! If you are self-employed, you can actually deduct
up to IS per cent a year (maximum 97,500) from your taxable Income
every year from now until retirement.
Your tax-free money stays snug and safe in First State Savings
and Loan collecting the highest interest the law allows...higher than
most banks pay.
And you don’t even pay tax on the interest your money earns
until you retire, when you should be in a lower tax bracket!
Get the full tax-free story. Call or write Kenneth Eumbley at
First State Savings and Loan today. Dial 884-2051.
-★
ANNUAL YIELD
CEDAR MOUNTAIN NEWS
Ruby Skerrett and Rhoda Jones
The Cedar Mountain
Community would like to wish
all of our friends and neigh
bors a happy and prosperous
new year.
A New Year’s Eve party
was held at the community
center Tuesday night. After
enjoying delicious refresh
ments the children and young
people had a great time
shooting fireworks. They
really brought in the new year
with a bang.
Mr. and Mrs. George
Stinson and daughter, Melody,
came down from Cincinnati to
spend a few days at their
cottage here during the
holidays. While here George
and Melody came down with
the flu both being very sick,
with Melody in the hospital
and George at home. Vera
really celebrated running
from home to hospital. We are
sorry this had to happen but
are glad to report that both
are feeling much better.
Mr. and Mrs. Bobbie Jones
entertained Rev. and Mrs. M.
L. Ross, Rev. Jason Ross,
Rev. Arthur Bishop, and Mr.
and Mrs. Boyce Bishop with a
dinner last week. They were
celebrating Mrs. Ross’s and
Mr. Bishop’s birthday.
Mr. and Mrs. Ralph
Howard, Miss Anita Jones,
-Mr. and Mrs. Bob Jones, and
Mr. and Mrs. Paul Jones spent
Christmas week end visiting
the Howard’s daughter and
son-in-law, Martha and Lee
Wilmot in Atlanta, Ga. Their
son and daughter-in-law, Mr.
and Mrs. Paul Howard, from
Quincy, Fla. joined them for
the family gathering. A great
time was had by all.
The Stuart Browns, who live
at Camp Greenville, en
tertained their friends and
neighbors on the Solomon
Jones Road with a drop in.
The Carl Palmers also
entertained their Cedar
Mountain friends with a drop
in on Sunday Dec. 29. We are
glad to welcome these new
friends to the community.
James Bishop spent last
week in the hospital in
Asheville. While there he had
an operation on his knee. We
are glad that he has returned
home and wish him a speedy
recovery.
Word has been received that
Mr. and Mrs. William Bishop,
Sr. who are spending the
winter in Orlando, Fla. are
enjoying beautiful weather
and they are also catching
plenty of fish.
Christmas guests of Eldred
Burns were Mrs. Patsy
Holden and family from
Florence, S. C. and her sister,
Mrs. Dot Lane and family
from Hendersonville.
We extend get well wishes to
the following who are on our
sick list: Mrs. Bonnie Jones,
Mrs. Annie Wickliffe, Mr. and
Mrs, Ralph Howard, Mrs.
Ruth Johnson and Mrs. Freda
Cothran.
Mr. and Mrs. Terrill Young
from Tampa, Fla. have been
spending a few days at their
cottage here.
Mr. and Mrs. James Jones
spent Christmas with their son
and daughter-in-law, Mr. and
Mrs.Larry Jones, in Leary,
Ga. Their daughters, Yvonne
and Jimmie Jones, joined
them there for the holiday.
Mrs. Virginia Scott from
Anderson, S. C. has been
visiting her sister, Sally
Stuff With Flavor
Stuff fruits and vegetables
to given them an interesting,
different flavor.
Hollow out radishes and fill
with a cheese spread.
Stuff baked apples with
nuts, dates and figs. Honey
adds a nice touch, too.
Fill pitted dates with nuts or
cut-up marshmallows.
Stuff celery with peanut
butter and top with any of the
following: peanuts, raisins,
sour creamy jam or garlic salt.
Stuff hollowed-out tomatoes
with any seafood salad, or
with ham, chicken or egg
salad.
Weldon, for the holidays.
While here they visited
relatives in Columbia.
The children of Richard
Snowdon, from Columbia, S.
C. spent a few days here
visiting their grandmother,
Mrs Lisa Weiss.
WCCA Board
Meet Monday
The first meeting of the new
year of the Board of Directors
of Western Carolina Com
munity Action will be held at
7:30 p.m. on Monday, Jan. 13,
at Etowah Grange Hall.
Business to be covered will
be committee appointments,
presentation of amendment to
the by-laws, and discussion of
project plans for the next
program year.
The public is invited.
When you think of
prescriptions. think of
VARNER’S, adv.
Low-cost fire,
theft protection
for renters
Allstate’s Renters Insurance
protects you against loss by
fire, theft, vandalism and
many other ha:ards. And in
cludes personal liability pro
tection, too. All at surprisingly
“ /instate
See or phone
ALVIN HEALY
Sear* Roebuck
& Company
Brevard Plaza
883-3611
WEARERS
Better service fop
your hearing aid means
better hearing for you
Be sure to visit
Batteries
Free
Hearing
Teat
Service on
All Aids
our next
Beltone Service Center
Tuesday, January 14th
Brevard Motor Lodge
9:00 to 11:00 a.m.
__ HK t n/.vfi sun vicm
Thomas A. Reynolds, Dealer
7 Biltmore Ave., Asheville, N. C.
Quebec Community
To Hear Educators '
BY
MRS. PAUL M. FISHER
The Quebec Community
Club will hold its regular
meeting, Monday, Jan. 13 with
a covered dish supper
beginning at 6 30 p.m. and the
meeting at 7:30 p.m.
It will be our pleasure to
have as guest speaker,
Richard W. Iobst, University
Archivist and Director of Oral
History and Chris Martin, who
will show the weil prepared
tape-slide show concerning
the history of Western
Carolina University.
These men are from
Western Carolina University
and recently visited “Uncle”
Charlie Henderson who is 101
years old to gather in
formation on the beginning of
WNC.
They made a tape recording
of Uncle Charlie’s con
versation and have reported
this was a complete success
from all aspects of their un
dertaking.
We would like to extend our
invitation to all former
students of WCU to present
students, and everyone, as
this will be very interesting to
all.
With the holiday season over
and the New Year has begun.
we would like to wish our
Editor and Staff of Tran-j
sylvania Times and each|;
reader of this paper, a very];
happy and prosperous New] |
Year.
Schools were canceled ;
Monday due to early morning ;
sleet and snow which turned to ;
rain later.
Mrs. Paulette Wilson who !
attended University of North i
Carolina at Asheville, the past !
quarter has transferred to ’
WCU at Cullowhee. She would '
like to know if there’s anyone j
else from this county driving -
back and forth that would be ;
interested in a car pool or a ;
ride. She may be contacted in ‘
the afternoon or night at her ;
home - 966-4512.
Mr. and Mrs. C. L. Calloway';
and family of Hernando, Fla. ;
spent Friday night with Mr. \
and Vernon Bishop and
family.
Mrs. Archie Bradshaw who
recently underwent surgery at
Margaret Pardee Hospital is
home and recovering nicely.
Her daughter Mrs. Carolyn
Evans of Fla. is spending
some time with her parents.
Mrs. Callie Fisher,
celebrated her 74th birthday
Sunday, we wish for her many
more.
The Treasure Chest
418 E. Main Street, Brevard
“Specializing In Handcrafted Gifts,
Paintings, And Needlework'''’
Winter Hours:
(12:00 - 4:30) Wed. - Sat.
ATTENTION
DU PONT EMPLOYEES
HOT COFFEE
SAUSAGE & BISCUIT
ONLY
50C Plus Tax
PIERSON’S TEXACO
At Sherwood Forest
COMPLETE CAR SERVICE
While You Are At Work
UNDER NEW MANAGEMENT
- HELD OVER -
Today Through Saturday
At The CO-ED
One Showing NitelyAt 7:30
Tickets On Sale At 7:00
$2.00 & $1.00
Rated (PG) But Not Recommended
For Preteens
The Trial of Billy Jack
It takes up where Billy Jack left off
•».*. DELORES TAYLORTOM LAUGHLIN
Panavision *
CO-ED
$2.00 & $1.00
LIMITED 3 DAY ENGAGEMENT
Sunday At 2:00 & 8:00
Mon. & Tues. 7:00& 9:00
Sorry No Passes. The Theatre Has Been Leased
For The Showing Of This Feature. Rated (g)
THE TRUE STORY OF A MAN YOU’LL ALWAYS REMBWBI
HI BECAME A LEGEND YOU’LL NEVER FORGET...
SWUNG MS MAZURKI as''hppei'nl KANE asTW tads' ■ touted by OH HdNTK - Dnckd by WGMKTT
Produced wl photoar^hed by CHUCK 01 KEEN - Executive Produca ARTHUR R OUBS - Witten by CHJCK D KEEN and AMC BOSMKTH
Eitted by RKO BEfBE and ARTHUR OUBS Muse by IAN BERNARD -Titte Sang XHALLENGE TO 0E FSEE" perfanrad by fSHX LiWIS
Iksgach by OCK NORTH - A MOFC NTERNAnQNAL ENTBtPMSESi 1C RELEASE W - COUW byCFI