Panhandle Herald (Panhandle, Tex.), Vol. 87, No. 30, Ed. 1 Thursday, February 13, 1975 Page: 2 of 12
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PANHANDLE HERALD
THURSDAY, FEBRUARY 13,1975
Community
Calendar
TODAY, THURS., Feb. 13:
Mother's Day Out - 8:30 a. m.
to 4:00 p.m., First Methodist
Church
7:30 p. m. - City Council
FRIDAY, Feb. 14:
VALENTINE'S DAY --be love!
SATURDAY, Feb. 15:
6:30 p. m. - Manson's Night
supper, Masonic Hall
6:30 p. m-. - 8:30 p. m. - Steak
supper at PCC, members and
their guests
9:00 - 1:00 a.m. - Valentine
dance at PCC, live music
9:00 - midnight - PTA Planite
at school cafeteria
MONDAY, Feb. 17:
9:30 a. m. - Counth HD Coun-
cil, War Memorial Building
7:30 p. m. - OES, deputy visit
Happy Birthday to George Wash-
ington!
TUESDAY, Feb. 18:
12 noon - Ladies Golf Asso.
luncheon, PCC
7:00 p.m. -T.O0PoSo Club
at Methodist Church
THURSDAY, Feb. 20:
10:00 a.m. - Golden Age Fellow-
ship, War Memorial Building
7:30 p. m. - PTA in Junior High
Auditorium
Marvelene Anderson Gives
Mothers' Club Program
Marvelene Anderson, student
of Mrs. J.L. Naylor, presented
a musical program of piano,
organ and vocal selections at
the February 4th meeting of
the Mothers' Self Culture Club
in the home of Mrs. R.G. Downs.
During the business session,
presided over by Mrs. L.A.
Kalka, it was announced that
the next meeting would be at
the Square House Museum with
Mrs. A.M. Pemberton as pro-
gram chairman. Mrs. C.F.
Hood announced that the Car-
son County Cancer Association
and the Panhandle Home De-
monstration Club would co-
sponsor a meeting on March 17
to which all members were In-
vited.
Refreshments were served by
Mrs. Chester Webber to guests,
Mrs. Hood, Mrs. Debbie Eden-
borough, and members, Mes-
dames James Downs, J.B. Howe,
O.D. Smith, J.S. Sparks, Ross
Gilkerson, A.M. Pemberton,
Bill McLeod, Downs and Kalka.
School Menu
MONDAY, February 17:
Meat sandwiches, vegetable
soup, orange juice, cherry
cobbler, milk
TUESDAY, February 18:
Fried chicken, gravy, mashed
potatoes, tossed salad, pear
half, biscuits, butter, milk
WEDNESDAY, February 19:
Pizza, buttered broccoli, pota-
to salad, peanut butter cake,
milk
THURSDAY, February 20:
Bar-B-Que meat balls, buttered
rice, green beans, pudding with
whipped topping, rolls, butter,
milk
FRIDAY, February 21:
Fish with tarter sauce or meat
loaf, lima beans, cauliflower
with cheese, peach pie, hot
rolls, butter, milk
News
Support Your Advertisers!
WOMEN'S LEAGUE-----
TOP TEAMS: Half Pints and
Dirty Three's 52 1/2; Swingers,
Rolling Pins and Bubbles 49 1/2;
Ten Pins 48 1/2.
TEAM HIGHS: Dirty Three's
1317 series and 465 game.
INDIVIDUAL HIGHS: Division
A, Mary Wood 505 series and
214 game; Division B, Janie
Wiseman 481 series and 201
game.
MIXED LEAGUE-----
TOP TEAMS: Spare Tires 60;
Rounders 56, Grease Monkies 51.
TEAM HIGHS: Pin Busters 1691
series and 624 game.
INDIVIDUAL HIGHS: Division
A, Truman Ward 472 series,
Fabian Haiduk 171 game, Thel-
ma Garcia 409 series, Marilyn
Bentley 156 game; Division B,
Junior Choate 448 series and 183
game, Frances Shelton 392 ser-
ies, Kathy Biggs 152 game.
Calvary Baptist Church
Ninth & Elsie Panhandle, Texas
Rev. Preston Harrison, Pastor
DON’T SEND your children to our
Sunday School, BRING THEM
SUNDAY SERVICES:
Bible Study „ 9:45 a.m.
Worship __ 11:00 a.m.
Training---6:00 p.m.
Worship---7:00 p.m.
MID-WEEK
SERVICES:
Wednesday:
7:00 p.m.
Llewellyn Machine & Welding
PANHANDLE, TEXAS
PHONE 537-5020
Keywoys — Shafts — Hubs Spindles Gears
Large Capacity Lathe and Press Work
Large Hole Drilling Capacity
Close Tolerance Honing and Reaming
Custom Fabrication on Obsolete Parts
"FLAME SPRAY METALIZING FOR SHAFTS”
— ALSO —
Hardware Assortment — Key Stock
Bushings — Fittings — Rims — Miscellaneous
"Tout Business Appreciated"
Basketball Results
VARSITY BOYS
Pan. 15 33 51 63
Happy 9 25 37 58
Daniel 19; Spann 11; Rowland
13; Whelchel 10; Gabel 4;
Bulla 4; Scheller 2.
Pan. 3 17 31 45
Sprmn. 13 32 46 58
Whelchel 13; Daniels 9; Bulla
8; Black 4; Scheller 4; Rowland
4; Powell 3.
VARSITY GIRLS
Pan. 7 27 35 45
Dal. 12 29 41 51
Caldwell 20; Jewett 11; Thomas
8; Reining 4; Hale 2.
Pan. 15 21 26 28
Sprmn. 17 23 37 46
Thomas 14; Cladwell 7; Jew-
ett 7.
9th GRADE BOYS
Pan. 9 19 25 36
Phil. 7 15 24 3 2
Calkins 16; Wright 13.
9th GRADE GIRLS
Pan. 14 33 48 59
W.D. 14 25 35 48
Powell 29; Russell 16; Hamil-
ton 9; Labus 4.
Pan. 6 20 22 30
R.R. 6 14 22 31
Powell 12; Lavus 14; Hamilton
4.
Pan. 9 18 34 44
Phil. 10 16 23 36
Russell 17; Powell 12; Labus 7;
Hamilton 5; McAtee 2; Wal-
ker 1.
8th GRADE BOYS
Pan. 7 17 31 42
Phil. 9 15 19 23
Pruitt 12; Gill 9; Allison 8;
Franklin 4; Hicks 4; Richard-
son 1; Mitchell 2; Brasher 2.
8th GRADE GIRLS
Pan. 2 2 4 11
Phil. 15 28 41 53
Lewis 3; Oakes 2; Poteet 2;
Wiseman 1.
7th GRADE BOYS
Pan. 18 26 37 45
Phil. 2 7 14 15
Weber 12; Younger 8; Casey 6;
Wright 6; Metcalf 4; Daniel 2;
Powell 2; Skaggs 2.
7th GRADE GIRLS
Pan. 10 22 26 28
Phil. 4 4 6 6
Kuehler 16; Kotara 6; Jordan 6.
*******
The 9th Grade Panthers hand-
ed the Phillip's Freshmen their
first loss as they won 36-22 in
Panhandle Monday night. This
brings the local squad to 6 wins
and 7 losses for the season.
They will finish their schedule
when they host Stinnett Thurs-
day night.
In Monday's game, Larry Cal-
kins was high scorer with 16
while Wynn Wright scored 13.
Donnie Cunningham was cited
for playing an outstanding de-
fensive game.
Life can only be understood
backwards, but it must be
lived forwards.
DAVE CLUGY
Representative
Triangle Auctioneers
537-3275
Profit On Home
Sale Should Be
Noted For Taxation
COLLEGE STATION---If you
sold your home in 1974, chances
are you made money. But in-
come tax may be due on this
profit unless certain provisions
are met, reminds an economist
with the Texas Agricultural Ex-
tension Service and the Texas
Real Estate Research Center.
"Any gains resulting from sales
or exchanges are taxable as gains
from the sale of capital assets, "
points out Kenneth Graeber. "How-
ever, the homeowner who sells
or exchanges his principal resid-
ence and replacesTt within a
specific time period postpones
tax on any gain--providing that
the cost of the new residence ex-
ceeds the adjusted sale price of
the old residence. "
The time period within which
to qualify for tax postponement
on a residence sale or exchange
varies with the individual sit-
uation, points out the Texas A&M
University System economist.
"Generally speaking, the new
residence may be acquired with-
in one year before or after the
sale of the old residence. If the
taxpayer starts building a home
within a year before or after he
sells the old residence, he has
18 months after the sale of the
old house to occupy the new one.
Special provisions exist for tax-
payers in the armed forces. "
Graeber emphasizes that the
tax on any gain that results from
a residence sale is only postponed
and not forgiven. Any gain not
taxed in the year that you sell
your old residence is subtracted
from your cost basis of the new
residence. This lower cost basis
will be used to calculate the
gain from any future disposition
of the new residence.
The economist reminds cit-
izens 65 or older who sell their
residence that there are special
tax law provisions. They may ex-
clude all or part of the gain real-
ized on one sale of a principal re-
sidence providing certain condi-
tions are met.
Regarding all residence sales,
gains are taxable but no deductions
are permitted for losses, notes
Graeber.
Additional information on res-
idence sales can be obtained in
the Internal Revenue Service
Publication 523, "Tax Information
on Selling Your Home. "
THE PANHANDLE HERALD
Established July 22, 1887
319 Main St. — Dial 537-3634
Panhandle, Texas 79068
Owned and Published by
Joseph J. and Jean Miller
Betty Biggs, Managing-Editor
Entered as second class mail at
Panhandle, Carson County, Texas,
under the Act of March 30, 1879
Published Every Thursday
RHODE PIPE CO.
Box 767 Phone 806-823-2458
Silverton, Texas 79257
PLASTIC IRRIGATION PIPE
PLASTIC GAS PIPE
ASBESTOS CEMENT
IRRIGATION PIPE
ALUMINUM
IRRIGATION PIPE
“We install pipe for Home
Industrial or Municipal Uses"
Nights Call:
Carman Rhode 806-823-2149
Lyndal Carey ..... 806-823-2247
Gordon Lowrey ... 806-823-2255
Call collect for quotation and
visit by Sales Representative.
TRAVELOGUE
(Continued from Page 1)
spiritual fellowship. It voted to
contribute $10 to the expansion
fund for immediate use.
Miss Ewing requested that
the annual committee reports
be sent to her by April 1 and
stated that the Publicity Comm-
ittee would be responsible for
an exhibit at the state conven-
tion in Dallas in June.
Mrs. Murray gave some pertin-
ent information concerning the
Southwest Regional meeting in
Honolulu, July 28 - August 2,
and urged the members to attend.
Mrs. Shirley Kelly stated thaT
the gifts brought to the meeting
would be taken to Genesis House
in Pampa and to the nursing ho-
mes in Panhandle.
Because of a mathematics
workshop to be held in Pampa
on the morning of the next meet-
ing date, it was voted to change
the time of the chapter meet-
ing from 9:30 A. M. to 2:00 P. M.
Refreshments were served by
Miss Thelma Holman and Mrs.
Bette Gill.
Members present, other than
those already named, were Lelia
Clifford, Mary Dean Dozier,
Clauda Everly, Mrs. Grace Evans,
Mrs. Shirley Greene, Mrs. Fidelia
Hogge, Mrs. Marguerite Hudgiss,
and Mrs. Nanette Padget.__
T. V. SERVICE
CENTER
— Sales & Service —
Call 383-7570 Collect
or local P. O. Box 393
— Every Wednesday —
90 Day Service & Parts
Warranty
335 E. Hastings, Amarillo
C&vbLf'u
BEEF MAKES BETTER LOVERS!
Suitable for all occasions: Weddings, Birthdays, An-
niversaries, Thanksgiving, Christmas or just a way to
say THANKS to someone special.
Gift Certificates may be purchased at SCHULZE
GROCERY & MARKET, PANHANDLE THRIFT-
WAY, or FIRST NATIONAL BANK. Certificates
may be purchased for any amount.
Sponsored by TOP O' TEXAS COWBELLES
CONCRETE
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Panhandle Herald (Panhandle, Tex.), Vol. 87, No. 30, Ed. 1 Thursday, February 13, 1975, newspaper, February 13, 1975; Panhandle, Texas. (https://texashistory.unt.edu/ark:/67531/metapth1170209/m1/2/: accessed July 17, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting Carson County Library.