The Leonard Graphic (Leonard, Tex.), Vol. 76, No. 35, Ed. 1 Friday, February 5, 1965 Page: 4 of 8
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"WlE LEONARD GRAPHIC, Friday, February 5, 1965
BANK. NOTES ...
. ... by Malcolm
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THE EMPTY PEW
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By W. JENE MILLER
W
J. A. ARNOLD
Insurance
IT’S A GIRL
WE ARE NOW AN OFFICIAL
Tires
Tubes
Batteries
Used Cars & Trucks
CARS • TRUCKS
TRACTORS
misuse
New tires.
An investment
DAUGHTER FOR SMITHS
that pays off
to all men;
and then some
inc.
NITE
PHO.
587-21J^
10c
Cabbage, head
. 4c
34 oz. Decanter
Ifak
THE
Hales-Leader Select
Griffin Waffle Syrup - 39c
FARMER’S
Small - Whole
FARM
Texas Maid Bacon, lb. - 49c
Alamo Beets, 3 cans for 29c
STORE
HDYouim;
±_J
Leonard National
Closed February 22
Mrs. Ada Cotham
Services Sunday At
Randolph Church
Self-Employed
Farmers Assured
S. S. Protection
STATE INSPECTION STATION
WE REPAIR
Better To Have and Not Need
Than To Need and Not Have
This happens because the funds
you invest in Savings Bonds do
even more than earn money for
you. They also help your country
defend freedom. While your in-
vestment is growing to bring you
a nice return in dollars and cents,
hundreds of
farm supply
items
Mr. Gee 9 oz. Krinkle Cut
French Fried Potatoes, 2 - 25c ■
Prepared in Vegetable Oil
Some investments stop paying oft
when you redeem them. But with
U.S. Savings Bonds, you keep
getting benefits long after you
get back $4 for every $3 you
put in.
the government uses the money to
help build our national strength.
This means that even after you’ve
“cashed in”, you’ll continue to
reap the priceless benefits of Amer-
ican freedom and security. And
so will your children. And theirs.
Why not make this worthwhile
investment now? All it takes is a
trip to the Bond window at the
bank, or a visit with your payroll
clerk for automatic saving on the
Payroll Savings Plan.
A. H. Price announces Leonard
National Bank will be closed ail
day Monday, February 22nd. The
occasion is George Washington’s
■birthday. <
JACK BARBEE
Phone 587-3524 or 587-2173
Mr. and Mrs. H. B. Wells have
moved from the Cobb place south
of town to the Ray Murphy place
north of town on Highway 78.
Hom-Maid Biscuits - 3 for 25c
Buttermilk or Sweetmilk
LATIMER'S SINCLAIR SERVICE STATION
On SW Corner of Square
Pho. 587-3344 Leonard, Texas
Expert Washing, Lubrication and
Tire Service
1962 CHEVROLET, Bel Air, 4-
■ioor, 6-cylinder, standard shift,
large heater, windshield washers,
oack up lights.
B. & B.
Real Estate Agency
LISTINGS WANTED
I
Now from the Makers of the Real Good
Hom-Maid Biscuits - Ready to Bake
Presliced Cookies - 36 for 39c
Raisin Oatmeal - Old Fashioned Sugar
Fudge Nut - Chocolate Chip
DILLON
INSURANCE
AGENCY
Phone 587-3524
LEONARD, TEXAS
PAT JONES
HIGHWAY 69 ★ LEONARD
Day, 587-3377 Phones Nite, 587-3681
j
Keep freedom in your future with
U.S. SAVINGS BONDS
Leonard
FARM STORE
LEONARD, TEXAS
1955 CHEVROLET Bel Air 4-»
Copper
C.
All Real Estate and
Loan Service — Notary
When the
system was
started in
1937, it was
sold to the
American
people as an
insurance
system. Since
that time, be-
fore the U S.
Supreme
•T Court, social
Mr. and Mrs. Houston Barker
of Bonham are parents of a new
daughter, Leona Luann, who ar-
rived at 8:1'5 A.M. Tuesday, Feb-
ruary 2, 1965 at Wilson N. Jones
Hospital in Sherman. She weigh-
ed 7 lbs., 8 ozs.
Mr. and Mrs. Dee Ivey of Leon-
ard are maternal grandparents
and Mr. and Mrs. Homer Barker
of Gober are paternal grandpar-
ents.
Week End Specials
Lettuce, head
Sherman Adamson
Died In Calif.
MjSOw
Vou /WIGHT HAVE HAD $187-90 IN CASH
IN .1962, IF ALILTHE CURRENCY AND
COIN IN CIRCULATION IN THE U.S.
WERE DIVIDED EQUALLY AMONG ALL
THE PEOPLE.. IN 1900 YOUR SHARE
WOULD; HAVE BEEN: ONLY$17.50.
North Side Grocery
Phone 587-3622 • LEONARD • North Side Sq.
1958 CHEVROLET Bel Air 4-
grateful members of the family dcor, V-8, powerglide, radio, heat-
of humanity. ei ’ conditioned, whitewall
tires, E-Z Eye glass, black finish,
—— --------- one owner.
curity is headed, not from poli-
tically inspired sources, but
from the coldly unemotional,
but factual experts of the na-
tion’s private insurance com-
panies who cannot afford to be
wrong.
1956 CHEVROLET 4-door, 6
clyinder, Standard Shift, Heater
and Defroster; Blue and White
Finish. Extra good condition.
~ I®
ft.
It never stops return-
ing benefits. A U.S.
Savings Bond earns
money while you hold it
—and helps to preserve
our freedom, too.
Funeral services were held
Sunday at 'the Randolph Baptist
Church for Mrs. Ada Cotham,
1950 FORD, V-8, overdrive, Ra-
dio, Heater. Extra, Extra Nice
made by bureaucrats, this
study should be made by the
actuaries and statisticians of
at least ten of the nation’s
private insurance companies.
* * *
After all, the insurance com-
panies of America have done
quite well in forecasting in-
come and outgo, best evidenced
by the fact they are able to
stay in business.
* * *
In addition, the public has
confidence in their integrity
and ability. This is best evi-
denced by the millions of dol-
lars the public pays them vol-
untarily every year.
* * *
As it stands now, there are no
reliable non-poli tic ally slanted
figures on just how the future
of Social Security stands.There
is great opposition including
the majority of the nation’s in-
dependent businessmen, voting
through the National Federa-
tion of Independent Business,
to tacking on a medicare plan,
because nobody knows if this
would bankrupt the system.
* * *
Bankruptcy of Social Secur-
ity would be tragic.
* * *
And it is silly to say the dif-
ference could be made up out
of general funds, because such
general funds are only obtained
by taxing people more.
♦ * *
The first pensioners of the
system paid ony 12c a loaf for
bread. Today, that same loaf
costs on an average 32c. Ten
years from now, it could again
double. Thus, it is time that
i
■t
I
I
’ j© National Federation of Independent Buatnesa
■
Rev. and Mrs. Ronald Smith
Df Houston announce the arrival
of a daughter, Shey Erin, Tues-
day. Jan. 28. She weighed 71bs.,
13 oz.
Rev. Smith was formerly pas-
tor of the Valley Creek Baptist
Church.
a
in dollars...
.. . .. . ..
WASHINGTON AND
"SMALL BUSINESS”
By C. WILSON HARDER
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The first of our coins jo bear
THE MOTTO, “IN GOD WE TRUST/ WAS
THE 1864 TWO-CENT PIECE. AFTER.
IS 64 THE MOTTO APPEARED ON MANY
OTHER COINS, AND SINCE 1938 ALL
COING MINTED By THE GOVERNMENT
HAVE CARRIED THE INSCRIPTION.
1954 CHEVROLET, i/2 - ton
pick up, radio, heater, heavy rear
hitch, chrome grille guard, cattle
boards, new tires. This pick up
like new for its age. See this one
before you buy. Green and black
finish.
30, after an extended illness.
Interment was in the Randolph
Cemetery under the direction of
Wise Funeral Home of Bonham.
Mrs. Cotham was born January
21, 1893 at Windem, the daugh-
ter of Mr. and 'Mrs. C. R. Hen-
ry. She married Jess Gotham on
January 21, 1914. They had made
their home in the Randolph
Community for the last 29 years.
Survivors are the husband of
Randolph; a son, J. B. Cotham
of Bonham; five daughters, Mrs.
A. C. Lyles of Caddo Mills, Mrs.
Burgher Davis of Dallas, Mrs
Theodore Vinson of Bailey, Mrs.
Jce Davis of Levtkirch, Germany,
and Mi’s. Billy Wilson of Richard-
son; 14 grandchildren and five
great-grandchildren.
Pallbearers were grandsons.
Honorary pallbearers were
W. Jones, Choice Moore, Albert
McDonald, E. E. Garner, Oscar
Harris, Ed Johnson, John Craft,
Joe Brittian, Frank Wright and
John Kent.
Pink Salmon, 1 lb. can .. 53c
R
1963 CHEVROLET Bel Air, 4- (lAAff IICAfl Tril^lfC
6 cylinder, standard shift, | I HKlU
........ ; 1964 CHEVROLET, 2 - ton,
white tires, heavy duty, tilt cab, truck tractor
ready to back under trailer.
FRED BUNCH
Phone 587-3378
Mrs. Roscoe Martin was noti-
fied by telephone Saturday of the
death cf her uncle, Sherman E.
Adamson of La Mesa, Calif. Fu-
neral services and burial were
held at La Mesa.
Survivors include his wife, one
son and two grandchildren. Also
one brother, Lee Adamson of
Sparks, Nevada; four sisters,
Mmes. Mertha George of Ben
Franklin, Texas, Amal Brasher cf
Ackerly, Texas, Bertha Julien and
Josie Ross, both of Leonard.
1959 CHEVROLET y2-ton, long
wheel base, new tires on front,
mud and snow tires on rear, rear
hitch.
RAY MURPHY CHEVROLET (0
DAV PHO. 587-3343
gffiw
In the recent political cam-
paign there was a great deal of
chatter about the Social Secur-
ity system. Now that the fuss
and fury is over, and before
the new Congress gets into ses-
sion, is perhaps the time to
consider Social Security.
♦ * ♦
IS .......
I®. J
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Mq j
C. W. Harder
7 security officials have denied
that it is really insurance, and
that inasmuch as no contract
’|jl exists between the govern-
. j ment and the people, it can be
g stopped at any time.
s J . * * *
& In view of the fact that many
| millions are either now, or an-
il ticipating, some protection for
B the money that has been taken
' | out of their paychecks it is
! j high time that the facts be
made known.
* ♦ *
Recently Rep. John Ashbrook
of Ohio went through the entire
■ 4 27 year operation of Social Se-
i | curity and found that over 5
; j year spans Social Security ad-
■ ministrators have consistently
Underestimated payments out
of the fund, sometimes by over
| 300%. In private business, of
y course, such people would be
. fired for gross incompetency. , ----
* # * peope know where Social Se-
It is high time that the facts
about the system be brought
out into the open by respon-
sible technicians.
♦ ♦ ♦
And rather than have a study
Mr. and Mrs. Lionel McCurley
i and Mrs. Una Pendergrass visit-
I ed Mr. and Mrs. Lou Williams
i in Dallas over the past week end.
go
III
Communists require citizens to carry special
travel permits at all times. One way Americans
defend their freedom to travel and vacation as they
please is Fv buying U.S. Savings Bonds.
One of the things I tell young
people is, "You are what you
don’t remember.” We cannot turn
our past off like it never hap-
pened. Our memories, attitudes,
hopes and guilt are always with
us.
Nevertheless, we do measure
time. It may have begun with
the recurrence of day and night,'
or phases of the moon, and final- ;
ly the reappearance of certain
solar patterns. And we begin the
one thousand, nine hundred, six-
ty-fifth trip around the sun since
someone figured the birth of Je-
sus Christ.
We call this a New Year.
Whether we live “new” lives, do I
“new” and creative choosing, and
find “new” meaning and fulfill-
ment in our living through it.
But at least it gives us a chance
to remember that there is a
“new” life possible.
Therefore, in this month of
January let us devote ourselves
to real gratitude for the con-
tinual “newness” cf life.
Let us be grateful for the
chance of divine redemption and
new beginning in our own lives.
Let us be grateful for the times
that our own folly did net destroy '
us, and we had a chance to start
again. Let us be grateful for
the times that our acquaintances
had to forgive our misuse of
their good nature.
Let us be gi’afpful for the
times that our children, spouses,
employers, cr employee had to
forgive our sins against them;
for businessmen who extended
our credit, for debtors who labor-
ed long and hard1 to pay their
Self-employed farmers are vir-
tually assured social security pro-
tection for themselves and their
72, of the Randolph Community dependents toy a special provd-
who died at her hicme January skin in the social security law,
according to Gus Jones, social se-
curity district manager, and Her-
bert Clark, Administrative Offi-
cer of Internal Revenue Service.
Jones stated that farm owners
and operators who. have a gross
income as little as $600 -a year
can get social security credit by
using the optional method for fi-
guring their net annual earnings.
“Now, before filing Federl in-
come tax returns,” said Clark, "is
a good time for farm owners and
operators to check up on the op-
tional method for figuring earn-
ings in years when profit is low.”
Clark summarized the optional
provision as follows:
If a farmer’s gross income is
at least $600, but less than $1800,
he has the option of counting
either his actual net or two-thirds
j of his gross farm income for so-
cial security credit.
If the gross farm income is
over $1800 and net farm earn-
ings are under $1200, a farmer
may report either bis actual net
earnings or $1200; if a farmer’s
gross income exceeds $1800, and
net farm earnings are $1200 or
more, he must use the actual
amount of his net earnings.
Jones said that the option en-
ables farmers with low incomes
to obtain credit toward social se-
curity retirement and disability
benefits, as well as survivors
benefits for their families in cases
of death.
He emphasized, however, that
a farmer must have net earnings
of at least $400, either actual
net earnings or by the optional
method, to get social security
credit for the year.
Information regarding- taxes
and tax return forms can be ob-
tained at the; Internal Revenue
Office in Sherman or Dallas.
Questions about old-age, surviv-
ors, or disability insurance should
be taken up with the social se-
curity office at 315 West Mul-
berry in Sherman. However, peo-
ple living in the Bonham; area
may see John Bynum, field rep-
resentative from the Sherman of-
fice. He is in Bonham each Wed-
nesday and Friday morning from
9:30 a.m. until noon. His office
is in the . Fannin County Electric '
Co-op.
Impala Sport Coupe
1962 CHEVROLET Impala Sup- door, 6 cylinder,. Powerglide, Ra-^
debts; for the friends to encour- 6r Sport Coupe, V-8, Powerglide,1 dio, Heater. New tires.
age us to rise again when we Fower Steering, Factory Air Con- Finish.
fell; for those who stopped and ditioned, Radio, White Wall tires, ---------------
stooped to aid us; for those who ®-Z-Eye glass, Bucket Seats. All
risked their own good in ordei’ Vinye Inside. Dark Fawn exter- ,
to do good for us; for those whose ior with light Fawn interior. Ex- with all leather inside,
needs gave our lives meaning- ^ra Nice,
fulness in service.
Let us show our gratitude by
thanking those who forgive us; door,
by forgiving those who offend large heater, windshield washers, i
us; by using our lives to do good back-up lights, new
and by seeking to beige finish with fawn interior.—
understand and appreciate the $1,595.00.
problems that others face in try-
ing to live.
A hitch-hiker can sue the per-
son who gives him a ride, un-
less he belongs to the same fam-
ily. In our trip through this new
year in this wonderful country,
let us not be hitch-hikers but
!•
The word'‘credit"comes froat
THE LATIN ''‘CREDO,’’ MEANING “I
BELIEVE." WHEN A BANK LENDS
YOU MONEY, IT IS EXPRESSING ITS
BELIEF IN YOUR INTEGRITY AND
ABILITY TO REPAY IT.
I
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The Leonard Graphic (Leonard, Tex.), Vol. 76, No. 35, Ed. 1 Friday, February 5, 1965, newspaper, February 5, 1965; Leonard, Texas. (https://texashistory.unt.edu/ark:/67531/metapth1217140/m1/4/: accessed July 16, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting Leonard Public Library.