Newspapers / The Perquimans Weekly (Hertford, … / Feb. 26, 1987, edition 1 / Page 9
Part of The Perquimans Weekly (Hertford, N.C.) / About this page
This page has errors
The date, title, or page description is wrong
This page has harmful content
This page contains sensitive or offensive material
Local News Area VFW news The monthly meeting of the Hert ford VFW Post 8148 was held at Jim my's Barbecue Place, Wednesday evening, Feb. llth. Commander D.J. White conducted the meeting with a good attendance, including some members from American Legion Poet 126. Com mander White reviewed the plans for future joint meetings with the Ameri can Legion. After the meeting the VFW mem bers met at the American Legion Hut with American Legion members where future plans were reviewed concerning joint meetings. VFW members will meet at the American Legion Hut Thursday eve ning, March 5th, at 7:30 p.m. with American Legion members. Lin Boyn ton's name was drawn for the attendance award. However, he was not present to receive the award. The award will be $15.00 for some lucky member next month. The VFW will have the regular monthly meeting at Jimmy's Barbe cue Place, Wednesday evening, March 11th. Veterans are invited to Join the lo cal VFW Post become active mem bers and support the Veterans of For eign Wars (VFW). Band thanks community The Perquimans County Band Fruit Sale and community calendar sale have both concluded and thanks to all the people in the community that supported them, they were both successful. Along with the continued community support and through the Exhibit to showcase military collection efforts of our band director and the band students, the Perquimans County community will continue to enjoy award winning bands. The Band Boosters wish to express thanks to everyone for supporting the band. Almost four centuries of North Car olina's military history will be on view at the N.C. Museum of History in a new exhibit entitled "The Means of Defense." Opening Feb. 27 for an eight-month exhibit, "The Means of Defense" will feature more than 250 artifacts from the museum's collection, many of which have never been on display be fore. The exhibit, which will be on view through Oct. 31, will trace the evolu tion of various military accoutre ments, including flags, weapons, uni forms, the N.C. Militia and the National Guard. The workshop of famed gunsmith David Marshall "Carbine" Williams along with some of his models, will be featured. The exhibit is timed to coincide with the 350th anniversary of the Na tional Guard, now in progress. An introductory eight-minute video program will acquaint visitors with the exhibit. A special series of week end programs is planned for the en tire family including a lecture series, military band and choral concerts, movies, reenactment and other par ticipatory events. The National Guard is also plan ning a series of special exhibits of its current equipment in conjunction with "The means of Defense," in cluding tanks and helicopters! The Monday evening lecture series during March and April will cover subjects ranging from the Revolution to the present and beyond. In the second floor galleries of the museum at 109 E. Jones St. in down town Raleigh, nine sections of arti facts with accompaning graphics wil present an overview fo the militia in the state, and showcase the mu seum's military collection. Fifteen uniforms, dating from 1830 1868, along with headgear, flags, epaulets, puttees, leggings and foot wear, show development and change in soldiers' clothing and accessories through the centuries. The ca. 1830 uniform with cutaway coat and tails contrasts sharply with the more mod ern one worn by today's National Guard. Another section includes 13 pistols ranging from flintlocks to the Model 1911 A-l. Confederate revolvers and a variety of foreign imports used over the years can alos be seen. "Changing weapons require chang ing tactics," according to museum curator Keith Strawn, "and the ex hibit will show how the development or repeating firearms and automatic weapons have radically changed mil itary tactics since the American Civil War, he said. Other guns on display include carbines, muskets and rifles. The original workshop of David Marshal "Carbine" Williams, inven tor of the M-l Carbine, will be on dis play. The workshop was moved, piece by piece? building, tools, and all? from Williams' Cumberland county home to the museum, and contains some of his prized memen toes. Admission to the museum and ac companing programs is free. The N.C. Museum of History, an agency of the Department of Cultural Resources, is open Tuesday through Saturday, 9 a.m.-S p.m. amd Sunday, 1-6 p.m. Closed Mondays. For details, call the museum at 919 733-3894. " Antique show and sale scheduled for March Southampton Academy's 18th An nual Antique Show Sale will be held on the school campus in Shands Es tates in Courtland on March 6, 7, and f The hours for this three day event are 11:00 a.m. to8:00 p.m. on Friday, 10:00 a.m. to 8:00 p.m. on Saturday, and 11:00 a.m. to 5 p.m. on Sunday. The show is sponsored by the Aca demy's Parent-Teacher Organiza tion, and proceeds ar used to support cultural events and student activities at the school, as well as to supple ment the purchase of teaching aids and classroom equipment. Co-chairman Texie Bryant and Nancy Rowe have lined up nineteen dealers from Virginia, New Jersey, . North Carolina and South Carolina, offering a variety of antiques to please both the serious antique buffs and the weekend browsers. There will be several new dealers ?I the show who will add to the usual fine line of furniture, ceramic, glass, silver, jewelry and collectibles of fered by the dealers who return year after year. Although antiques are the featured attraction, baked goods will be of fered and home cooked food will be offered and home cooked food will be served daily with a special dinner at Noon on Sunday. Crystal repair will be available again this year, and a jewelry ap praisal clinic will be held on Satur day from 11:30 a.m. to 1:00 p.m. Daily door prizes will be drawn for both antique items and gift certifi cates from dealers who have been ex ceptionally generous with their con tributions this year. The cost of admission is $2.50 for adults and $1.00 for students; tickets are available at local businesses or may be purchased at the door during the show. Pictured above are the officers of the Perquimans County Chapter of the AARP. Left to right they are Mrs. Majorie L. Simonoff, President, Public Relations, Historian, Mrs. Mona Sadler, Vice President and Sunshine Chairman, Rev. Murl Jarvis, 2nd. Vice President, Mrs. Ruth E. Rettenmeier, Cor responding Secretary, Mrs. Doris Toler, Recording Secre tary and membership Chairman, and Mrs. Naomi Lomax, Treasurer. Tax tips for businesses Tax reform is affecting everyone, from the individual taxpayer to large and small businesses alike. There are many items in the new law that became effective January 1, 1987, and many small businesses will have to adjust to them, even if that date is not the beginning of their new tax year, according to the North Carolina Association of CPAs. It is hard to accurately predict what the overall affect of tax reform will be on small businesses, but now is the time to anticipate these affects and plan for the future. One of the advantages of tax re form for the small business will be the overall drop in tax rates. Under the old law, corporate tax rates hov ered as high as 46 percent. Under the new tax law, this top rate has dropped to 34 percent. Also, individ ual rates are now lower than cor porate rates which may encourage many small business owners to make some decisions about their corporate structure. Since the indivudual rates are lower than corporate rates, many small businesses will find that will find that it will be advantageous to switch to an S corporation structure where the income of the business is taxed to the individual owners. S corporations offer the same legal advantages of corporations but, usually, they do not pay taxes. The shareholders pay taxes at their indi vidual rates on their share of the company income. Filing for S corporation status is relatively simple. It requires filing Form 2553 with the Internal Revenue Service. However, there are several restrictions which could prohibit some corporations from making the switch. S corporations are allowed > only 35 shareholders, and all must be citizens or residents of the United States. Also, corporate shareholders are not allowed and neither are com pany-owned incorporated subsidia ries. They can also offer only one class of stock and they cannot file for change of status after the fifteenth day of the third month of their new fiscal year. Many states do not recognize the special status of S corporations and tax them at the higher corporate rates. And now, under the Tax Re form Act of 1986, all S corporations, as well as partnerships, have to ad here to a calendar year uqless they can prove that they have "substan tial" business purpose for having a different taxable year. Another change in the tax law that will be important to small businesses is the change in the election to ex pense business property. The new law also repeals the in vestment tax credit for property placed in service after December 31, 1985, except for property covered by transition rules. In addition, the tax reform act modifies the Accelerated Cost Recovery Syustem by providing more accelerated depreciation for revised classes of assets. The new ex pensing limit allows bbusiness own ers to deduct up to $10,000 of personal property placed in service during the year. For every dollar of qualifying investment in excess of $200,000. how ever, the $10,000 limit is reduced by one dollar. As mentioned earlier, one of the biggest changes in the tax law for small businesses is the drop in cor porate tax rates. But, figuring the ac tual tax liability for the first year may be a bit confusing. The new, lower tax rates become effective July 1, 1987. For businesses that have a fiscal year-end after this date, blended rates will apply. To fig ure the actual tax dollars they owe, these businesses will have to figure their taxes twice, once under the old rates and once under the new ones. Then, they will have to figure tlje number of days they operated under each set of rates, divide it by 365 (number of days in a year) and mul tiply that number by the rate. It isn't simple, but required. However, it is likely to save small businesses some money. Retirement plans may also have to be revamped to reflect, new, more liberal minimum coverage and par ticipation standards for qualified plans. These rules are generally effective $>r plan years beginning after De cember 31, 1988 and are likely to cost small businesses more money. A possible alternative is a 401 (k) deferred compensation plan. The IRS is required by the new law to estab lish a prototype plan by May 1, 1987 for businesses to adopt. This will al jlow the employee to contribute as much as $7,000 annually to the plan while still allowing the employer to contribute in excess of this amount. These are only a few of the changes in the Tax Reform Act of 1986 that small business owners need to be aware of to effectively plan for the future. They will also have to reeva luate their bookkeeping and account ing procedures and revamp their travel and entertainment budgets. Every small business should have a good professional support group to help it operate efficiently. Now is the time for small business owners to talk to these professionals and to make some important financial deci sions for the future. ? Ingrown (infected to* noils) ? Taken cor* of permanently ? without removing to* nail ? Painful Corn and Callus** ? Removal P*rman*ntly ? Diabetic Foot Car* ? H**l Pain i ? Elongated thick to* nails ? Pressure sores and ulcerations ? Bunion Deformities and Correction ? Plantar Worts ? Foot Swelling ? Arthritis of the foot ? Acute and Chronic foot injuries ? Sports Medicine ? Hospital and office Surgery performed as needed BY APPOINTMENT ONLY 201 E. Elizabeth St. N. Beach Medical Center Elizabeth City 2 Juniper Trail Mon.. Thort., Frt.. 9-5 Kitty Hawk, NC Tuesday 1-5 Wednesday 9-5 Appointment* can be mad* at both offices by calling the Elizabeth City OflteeatSU-2111. Parent's presence proves comforting to children * DURHAM, NC-Those tearful goodbyes outside the hospital operat ing room when parents bid their sick children farewell have been replacd by smiles at Duke University Medi cal Center. Now, under a new program, par ents can accompany their children into the operating room, even holding them in their arms while anesthesia is administered, acording to Dr. Ed mond C. Blouch, associate professor of anesthesiology. The approach provides emotional comfort and supoort to children, re ducing the need for preoperative sed atives, Bloch said. "Before, we depended on drugs to quiet the child," he said. "Now we depend on the parents. Previously, the parents deserted the child at the most critical stage of the illness. Now they can provide continuous consola tion." The unusual program is being watched closely by other hospital considreig similar projects, said Al exander Gordon, director of play the rapy at Duke. Gordon sent 300 questionnaires to major medical centers throughout the United States and Canada and found that fewer than 10 percent al lowed parents to be with their chil dren at the time anesthesia was ad ministered. Gordon said some of the most com monly cited reasons for not allowing parents in the operating room were that "parents may be in the way," "professionals don't like to be watched," "the parents' presence may pose an infection risk," or "it could upset the child." "We feel the only reasons parents should not be present are if they don't want to be, if the child doesn't want them to be, or if the child's condition is tenuous," he said. He found that most parents, when told they have the opportunity to be with their children, happily choose to do so. Only about 5 percent are ret icent, probably because they (eel in timidated by the medical system, he said. To ease any apprehension, par ents are told beforehand what to ex pect. j "Our goal is to help parents feel comfortable about going in to the op erating room, but we don't want them to feel guilty if they don't," hp said. "We want parents to feel th^t ours is a supportive system and that this is an option available to them.'; Duke's set-up was a joint effort of Bloch and Duke play therapists such as Gordon, who wanted to alleviate the anxiety of children prior to sur gery. , "All children feel stressful, no mat ter how calm they appear on the out side," Bloch said. "Some are quiet, some are boisterous, but all are anx ious 3 Having a parent there reassures them, and their distress is dimin ished." Only one parent or guardian is alowed to accompany the child. As the parent cradles the child on his or her lap, the anesthesiologist places a nitrous oxide mask overr the youngster's face. "Once the child drifts off to sleep, the parent leaves, joining the child in the recovery room after the ope ca tion," Bloch said. The anesthesiologist determines in a case-by-case basis which young pa tients may have parents accompaffy them. Children only a few months ojd don't need their parents aound tje cause they're too young to realize they are undergoing an operation, Bloch said. An unconscious patient similarly would not benefit, he saiet Once the anesthesiologist gives t^e go-ahead, the parents and the child decide which parent should go into the operating room. Gordon said some of the pro grams's critics contend that the pro gram may coddle children too much "They say that many kids today are overly pampered. But even if that were the case, the hospital is not the place to change attitudes. ? Quality Comes First! If you've been thinking of buying or building a new home now's the time to act! Ask about our Mortgage Loan Plan.
The Perquimans Weekly (Hertford, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Feb. 26, 1987, edition 1
9
Click "Submit" to request a review of this page. NCDHC staff will check .
0 / 75