The sun. [volume] (Newberry, S.C.) 1937-1972, December 10, 1970, Image 3

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The Newberry Sun, Newberry, S. Thursday, Dee. 10, 1970—PAGE 3 Mrs. J. H. Nates dies in Columbia Mrs. Ethleen Shipman Nates, 63, of Columbia, widow of James Herbert Nates Sr., died Monday. Born in Alabama, daughter of the late James and Lilia Montogomery Shipman, she was a member of Trinity United Methodist Church in Asheville, N. C. Surviving is a son, Rev. James H. Nates Jr. of Whitmire. Funeral services were held at 2 p.m. Tuesday in Columbia. YOUR SOCIAL SECURITY People call the Social Secu rity Office in Greenwood every day to ask if the social secu rity tax rate will increase in 1971.. “The best answer to that question is: “It probably will”, said H. M. Spiller, Field Re presentative of the Greenwood Office. He stated that the tax rate is scheduled to increase in January 1971 to 5.2 percent for employees and 6.9 percent for self-employed persons. Em ployers match the contribution of their employees. The present tax rate is 4.8 percent for em ployees and 5.2 percent for self- employed people. The present tax base of $7800.00 is sche duled to remain the same. This means that an employee earning $7800.00 this year pays $377.40. Next year he will pay $31.20 more for a total of $405.60. “Probably” creeps into the answer because the “jury is still out”, said Mr. Spiller. He explained that Congress is ex pected to debate possible im provements in the Social Secu rity law during the week start ing December 14, 1970. These changes may alter the present tax rate schedule which is to become effective next month. Mr. Spiller closed by promis ing to keep us posted on any changes in the present tax sche dules. Safety awards go to district forestry people Safe driver awards represent ing 455 years of safe driving, during the past year, were pre sented to 48 employees of the Newberry District of the S. C. State Commission of Forestry, according to District Forester Legare M. Duke. Duke stated that the Rangers, Wardens, Mechanics, and Fo resters were to be commended for their safe driving record during the past year. He pointed out that safe driving not only had paid off in preventing bodi ly injury, but also had a direct bearing on lower cost of liabi lity insurance for Commission vehicles. Personnel from Newberry County receiving these Safe Dri ver Awards were Ranger Alf Dorroh, 6 years; Wardens Ma- tion Felker, 5 years; Guy Long, 2 years; Odell Ruff, 1 year; Also receiving awards from the Newberry District Office were: Foresters Duke, 14 years; Bill Lawrence, 11 years; Dale May- son, 1 year; District Ranger Melton Wall, 26 years; Mecha nics Henry Traylor, 17 years; James Lee Mills, 15 years; and Radio Technician Guy William son, 8 years. Duke urged personnel to keep up the good record and com plimented the men on past ac complishments. School Board modifies code A school dress code which was adopted recently by the Newberry County School Board has had to bow to fashion. The board had said earlier that girls could only wear dress es of moderate length, but Tues day the board amended the re quirement to allow girls to wear pants-suits. The board, however, did rule against wearing stretch pants, dungarees, or fatigues. In other business, the board voted to donate to the city of Newberry a 10 foot right-of-way in front of Newberry High School as part of the Nance Street project. The city is re quired to pay 25 per cent of the cost of right-of-way and the school property will be applied to the percentage. The board also voted to award a $43,913 package contract to Educational Interiors of Col umbia to provide classroom and office furnishings and gymna sium equipment for the build ing projects at Carver and Mid- Carolina High Schools. The board also voted to install a new clock and bell system at Carver. Your Savings Account Here May Be Held In Any Of These 9 Ways. . . . 1. THE JOINT SAVINGS ACCOUNT with right of survivorship is the most popular type of account we offer, usually held jointly in the name of husband and wife. 2. INDIVIDUAL SAVINGS ACCOUNTS are owned by one person only, who alone has withdrawal rights. 3. MINOR OWNERSHIP OF ACCOUNTS can be arranged as soon as minor children can sign their names for identification purposes. 4. TRUST ACCOUNTS are often used by one or both parents (or by one or both grandparents) who wish to place funds in trust for their children or grandchildren, and yet retain control of the funds, including the right to revoke the account during their lifetimes. 5. CORPORATION ACCOUNTS are often set up for profitable investment or reserve funds of a corporation. 6. ORGANIZATION ACCOUNTS are used to put reserve funds to work at good earnings. This type of account is held by churches, credit unions, labor unions, societies, clubs, lodges and other organizations. 7. PARTNERSHIP ACCOUNTS, too, are profitable investments, with the account held in the name of the partnership. 8. PUBLIC UNIT ACCOUNTS may be held by agencies of the federal or state government, and by city, township, school and other districts, where the laws allow. 9. FIDUCIARY ACCOUNTS may be held by executors, administrators, guardians, etc. who hold money in a fiduciary capacity for one or more othei persons. Where You Save Does Make A Difference.