M.L. KMG JR. PRAYER BREAKFAST-Tle Observance
started at 8:00 A.M. at Broughton Mgh School Cafeteria. Rov.
Ann Farrar-Ughtnor, Pastor of ML Calvary AME Church In
Baltimore, Md., drivarod a dynamic massage, “The Struggle
Continues.” Attar a standing ovation, hundreds In attendance
joined The Martin Luther King Memorial March at the State
Capitol Building *nd marched to the RaMgh Memorial ,
Auditorium lor tho Mortln Luther King Noon Ecumonlcel
Observance. Koynoto spookor woo tho Rovonnd Dr. Samuol
D. Praetor. Other programs sponsored by tho RaWgh/Wike
Martin Luther King Celebration Committee. Inc. included the 3
P.M. Youth Educational Workshops and the 7 p.m. Evening
Musical Celebration. (Photo by James Dies)
Seventh National Holiday Honoring
King Draws Thousands To Raleigh
The seventh national holiday
honoring the life and legacy of the
late Dr. Martin Luther King, Jr.
attracted an estimated 6,000 people
to the various public observances in
downtown Raleigh on Jan. 20.
The full day of activities spon
sored by the Raleigh/Wake MLK
Celebration Committee has become
the state’s largest King holiday cele
bration. The committee was formed
in 1986 by Rev. William H. Brock
and Bruce E. Lightner has become a
model for communities nationwide
by the federal Martin Luther King
Holiday Commission in Washing
ton, D.C.
The day began with a prayer
breakfast at Broughton High School
cafeteria where 600 people heard a
dynamic and emotional speech by
Sorority Holds
Joint Founder's
Day Observance
BYALLIE M. PEEBLES
Contributing Writer
Dr. Thelma T. Daly, the 16th na
tional preaident of Delta Sigma
Theta Sorority, Inc., was the
speaker at the annual area Found
ers’ Day observance held on Satur
day, Jan. 18, in Roanoke Rapids.
This event was sponsored by the
Eufield-Roanoke Rapids chapter of
Delta Sigma Theta Sorority. It was
held at the Kirkwood Adams Com
munity Center at 10:30 a.m. A fel
lowship hour preceded.
Delta Sigma Theta Sorority was
founded as a public service sorority
on Jan. 13,1913 at Howard Univer
sity and the many chapters
throughout the country have kept
before them the commitment to
public service.
Sorors from 18 chapters from
Durham to Wilmington, along with
sorors of three undergraduate chap
ters, joinad in this solemn rededica
tion ceremony honoring Delta’s
founders.
Soror Lillie Solomon, chairman,
was in charge. The welcome was
given by the chapter president,
(See SORORITY, P. 18)
the Rev. Ann F. Liehtner, formerly
of Raleieh and currently the pastor
of Mt. Calvary AME Church in Bal
timore, Md. Rev. Lightner passion
ately emphasized that “The
struggle goes on,” and as long as
their is economic disparity, drug
infested neighborhoods, homeless
ness and poverty, that “none of us
should sleep well at night thinking
all is well.”
She added that those who profess
(See HOLIDAY, P IHi
MOCK DRIVE ENOM8—Martin Luther King, Jr. Memorial
Wal enters* Its final stages of construction. The
RaMgWWake King Committee announced that the 2,000
brick wall Is only 121 bricks shy of completion with the
final drive slated to end within three weeks. The gardens
was conceived and designed by the local committee to
offer a place where people can reflect and learn about Dr.
King and the movement.
King Brick Drive Ending As Wall
Enters Final Construction Stages
Martin Luther King Gardens’
memorial wall enters its final stages
of construction this month. The
Raleigh/Wake King Committee
announced that the 2,000-brick wall
is only 121 bricks shy of completion,
with the final drive slated to end
within three weeks.
Having their names lasered into
bricks affords citizens, churches,
businesses and organizations the
opportunity to be permanently
remembered at the gardens. Pro
ceeds from the sale of the bricks will
be used to pay the remaining debts
of the memorial.
A King Committee member and
City of Raleigh public information
officer, Bettye Hargrove, stated,
“We’re so proud of the King Gardens
and what it represents. Our goal is
to receive the remaining brick or
ders, so that the memorial wall is
completed when the new Dr. Martin
Luther King Boulevard opens this
spring.”
The Martin Luther King, Jr.
Gardens was conceived and de
signed by the local committee to
offer a place where people can reflect
GOSPEL EXPLOSION- The Rev. Jamn L. Ray of 1h«
Gtnoils Prayar Naur, a live caN la broadcast on WCLY
(1550 AM) ovary Saturday from 7-5 a.m. wi present
“The No Broator Lovo Concert and Bospel Explosion,”
Fob. 14-15. Tho program wM texture tho Sounds of the
Pentecost of Now Barn, Luther Barnes and tha Sunsat
JubHeers, and tin BaManaart along with local groups,
soloists, duots and choirs. The events will be held at
WHant G. Enloe High School at 123 Clarendon Crescent.
For more Information call 231-2063.
and learn about Dr. King and the
movement. The public city park
features a life-size bronze statue of
Dr. King, the only such replica of
King in the world showing him in his
clerical robes. The memorial wall
with names surrounds the statue.
The facility has been visited by
aprpoximately 10,000 people since
opening and is especially popular
with school-age children and civic
organizations.
Bruce E. Lightner, one of the or
(See BKICK DK1VE. F. 18>
College Plans
Founder’s Day
Banquet, Events
Saint Augustine's College will
end its formal obeervance of its
Founder’* Day weeklong celebra
tion with its Founder’e Day Ban
quet, Saturday, Feb. 8, at the North
Raleigh Hilton on Old Wake Foreet
Road.
St. Auguetine’e distinguished
keynote speaker for the night will be
Joseph D. William*, former chair
man and chief executive officer of
Warner-Lambert, the fourth-larg
est pharmaceutical company in the
world.
Williams ha* devoted his 41-year
career to the pharmaceutical indus
try. He joined Parke-Davis as a sales
representative in 1950 and held
numerous executive positions. Fol
lowing its merger with Warner
Lambert, he was elected president
in 1979 and chairman in 1985. Re
cently retired, he serves sw chair
man of the Executive Committee.
Williams is chairman and direc
tor of the United Negro College
Fund. He ie also chairman and di
rector of Project Hope. He is a direc
S.c FOUNDER'S DAY. P. 1H>
Foreclosure Of Your Home
Can Be Stopped By Courts
BY MAL MAYNARD
Spseial To Tho CAROLINIAN
Foreclosure of a family's home
deprives the family of more than
their shelter and security. Often it
destroys the family unit itself as
children are distributed to grand
parents, aunts and uncles while
parents try to rebuild their finances
and find affordable shelter. Wide
spread plant closings and layoffs
have made the specter of homeless
ness a reality for many who are not
so fortunate as to have the support
of other family members who can
shelter them.
To make matters worse, the fore
closure itselfisoften precipitated by
usurious, unfair and deceptive
trade practices of lenders who prey
upon those in financial distress and
have no other access to credit.
There are alternatives to foreclo
sure for most homeowners. Borrow
ers have rights under the terms of
the mortgage and many other appli
cable laws which frequently offer
defenses to foreclosure. Because
foreclosure sales are very fast legal
proceedings, borrowers must act
quickly to protect themselves.
There are three basic alternatives
to consider if you receive foreclosure
papers: 1) File suit against a lender
who has engaged in unfair and de
ceptive lending practices and enjoin
further action toward the foreclo
sure sale pending the outcome of the
litigation; 2) Pay the full amount of
the indebtedness—usually by refi
nancing the debt with another
lender; and 3) File for protection
with the U.S. Bankruptcy Court,
which will olio stop the forecloeure
proceeding.
The firet two optione should al
ways be explored prior to filing for
bankruptcy protection. Thousands
of mortgage instruments are used in
North Carolina that violate Truth
In-Lending laws, require unlawful
prepayment penalties, excessive
late payment penalties, excessive
credit life insurance premiums and
schedule payment of more interest
than is disclosed or agreed upon.
Questions concerning whether
the foreclosure might be stopped
through litigation or through refi
nancing the indebtedness at a lower
interest rate should always be ad
dressed with an attorney.
The third option, filing for protec
tion with the U.S. Bankruptcy
Court, is frequently the only alter
native available to homeowners
facing foreclosure. The bankruptcy
proceedings known as Chapter 7
and Chapter 13 are most often ap
propriate for consumers. These
approaches might also be available
to thoee who have used their houses
as collateral in a business or farm
ing.
In a Chapter 7 bankruptcy, gener
ally all debts are cancelled. How
(See FORECLOSURE, P. 18)
The Tax Mirror
BY CHARLES BINEY
Special Correspondent
It is tax time again and I know you hate it! You are not alone. Many
taxpayers feel the same, but with the following few tax tips, I surely hope
you will have everything under control.
•The Earned Income Credit (EIC) for 1991 is more attractive than
ever.The qualifying income ceiling has increased to $21,250 and the credit
now has three parts as follows:
1. The basic credit with a maximum amount of $1,192 for one child
listed and $1,235 for two children.
2. Health Insurance credit with a $428 maximum amount
3. Extra credit for a qualifying child bom in 1991, with a maximum
credit amount of $357.
The combined three credits can be as much as $2,020. Qualifying taxpayers
with an income between $7,100 and $11,250 and having two children listed
may receive the maximum allowable EIC amounts. A new form, Schedule
EIC, must be completed to take these credits.
•The personal exemption and standard deduction amounts have both
increased by approximately 4.88 percent and an average of 4.77 percent,
respectively. The personal exemption amount is now $2,150. This amount
may be reduced or eliminated if your adjusted gross income exceeds
$75,000. The standard deduction for the head of household status had the
highest increase of 5.26 percent.
•The consumer interest other than interest on your personal home or
second home is no longer deductible on Schedule A. Home equity loan may
still be helpful in this situation.
•Capital gains tax continues to give some taxpayers headaches; how
ever, if you qualify and use Part IV of Schedule D for the tax computation,
your tax liability may be less and probably will minimize your headaches.
The maximum tax rate for capital gains is 28 percent.
•The business standard mileage rate has increased by about 5.77
percent. The rate is now 27.5 cents per mile.
•If you were a degree candidate and received a scholarship and/or
fellowship, the amounts you received are taxable as income with the
exception of amounts spent for tuition, books and course-required equip
ment. Scholarship and fellowship amounts received by non-degree seeking
candidates are ftilly taxable as income. Incomes from work-study programs
are taxable as compensation and must be included in your gross income.
•You still have up to April 15 to contribute to an Individual Retirement
Accounts savings and take the qualifying deduction on your 1991 tax
returns.
•Get Pub. 17 for more information pertaining to your 1991 tax return
or consult with your tax accountant.
For additional information
concerning the Tax Mirror,
call Charles Biney at 231-6944
or write 310S Kingstree
Court, Raleigh 27610.
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