!'
~2A--The Malakoff News, Thursday, Feb. 19, 1981
Lrm announces
ocate new
|O
R. W. McAtee has announced that his
Realty firm is moving an office to
Malakoff, and are looking forward to an
opening date of April I.
W. Lionel Craver, Pam l erideth and
Linda Kirk, future agents of McAtee
Realty, were in Malakoff last week in-
forming area residents of the impen-
on I
Formal charges against three per-
sons in Henderson County jail were due
to be presented to the district attorney
Tuesday in the murder case of Chariest
Footer. The final arrest m le
Friday, bringing to five the number of
people arrested. However, two people
arrested and held several days have
been released•
No bond has been set after the arrest
of 35-year-old Charles A. Wygal of
Dallas• Lie is being charged with capital
murder according to Sheriff Charlie
Fields. Held in lieu of $100,000 bend
each on the charge of murder are David
Lee W ll,,.19/Plano, and Jack Marion
Durham, 44, Spring, Texas. Wygal was
Foster's nephew.
A man and woman, previously .held
an
now
By RbBEI~T L. HANEY
TAES Science Writer
First-time house buyers should buy a
house they can afford now and trade it
for their "dream house" later, accor-
ding to Dr. D. A. Klinefelter, economist
at Texas A&M University.
"The price of housing has tended to
increase slightly faster than inflation
and the longer a buyer waits, the har-
der it is going to be to buy," Klinefelter
says.
Once buyers own property, they can
ride up with property values and start
dang opening.
The office will be located on E. Royall
Blvd. across the street from Mite-Mart
in the old Phillips Estate house.
The home office of McAtee Realty is
located at 303 South Prairieville in
Athens.
for investigation relating to the case
have been released, Fields said Friday
afternoon after Wall's arrest, he was
the last of three to be captured.
Durham had been held since Feb. 5, and
Wygal was taken into custody Thursday
evening. Fields said that the only
problems in the apprehension of the
suspects had been the amount of time
involved.
The 49-year-old Foster, who recently
had purchased the Redwood Marina on
Cedar Creek Lake, was found shot to
death the morning of Jan. 28. He was
discovered in a recliner chair at his
combination #tore and home north of
Seven Points where he had moved to in
December. Prior to his move, he had
lived in Mesquite.
economists recommend home owner-
ship as the primary vehicle for the or-
dinary working person to hedge against
inflation.
Jo 'ce Fauik, cashier at Citizens State
Bank, has the honor of being the only
employee who has worked in three
buildings utilized by the firm.
Mrs. Faulk begin work with the firm
Jan. 1, 1961 as a teller and bookkeeper.
She recalled that she actually went to
work on Dec. 31 to observe the
operation. She stayed until 2:30 in the
morning because at that time all
statements were done at once, and had
to be sent out the first of the month.
The first location of the hank where
she worked was on the corner, next to
where Smith Drugs is presently
located. Citizens State Bank moved to
its most recent location across from the
post office in 1963, and Mrs. Fauik
moved right along with them. She was
with them again this week as they
"As a vivid example, the median- moved into their modern new facilities
priced home in the United State is facing E. RoyallBlvd.
currently about $66,000. If real estate Mrs. Faulk said she,is very excited
values appreciate at an annual rate of about the new building, and like other
12 percent, in 30 years the same house employees, has been looking forward to
will sell for $2,000,000. working there.
Recently, a national financial She is married to Joe Faulk, and is
magazine quoted a statistic which pret-
Use
other
ty much sums up the current situation: s[. lces
JOYCEFAULK
the mother of two sons, Joe L. Faulk
and William H. Faulk. She also has four
grandchildren.
PTO sponsors
contests for
The newly formed Malakoff PTO has
started a membership drive to be held
until March 6.
The drive will include a trio of con-
tests, one at each school. Each school
will have a winner from the grade with
the most parent members. A prize will
be awarded.
Winners of the contest will be an-
nounced at the next regularly
scheduled meeting of the PTO March 10
at 7 p.m. at the Malakoff ElementarX
School cafeteria. The meeting will
begin at 7 p.m. and all parents of school
children are urged to attend.
@
Taxpayers of Texas scored a victory
recently when a bill to deny unem-
ployment benefits to persons who
voluntarily quit their jobs was passed
by the Texas Senate.
The bill, Senate Bill 2, was sponsored
by Senator Roy Blake of Nacogdoches,
who commented, "I am glad to get this
bill passed in the Senate because it is
long overdue, and if it is passed by the
House, it will guarantee that the Unem-
ployment Act is administered within
the framework of legislative intent."
Blake's bill will deny benefits to per-
sons who quit their jobs voluntarily or
who are discharged for misconduct un-
til they have returned to work and
worked for six weeks. Under existing
law, claimants in these categories
could be denied benefits as many as
twenty-six weeks.
Public employers must pay dollar for
dollar the benefits awarded their ex-
WEEKLY
employees. Taxpayers who
bulk of the financial support
governments h~
people not to work and at the
pay the salaries of people to
vacant positions.
"I know that we are only
there insofar as seeing my
law, but I believe public
Texas will continue their
secure final passage,"
said, "and if they do, it will
law," he said.
Blake's bill still must
approval by the Texas
Representatives, but since it
Governor's emergency tag, it
heard by the House
Practices Committee at an
Representative Bill Messer is
sor of the bill in the Texas
Representatives.
Recent rains throughout East Texas
have certainly helped the moisture
situation. However, more water is
needed to be on the safe side going into
the production year.
Gardeners are beginning to get itchy
fingers during the warm days and need
to be getting ready for planting. Some
cabbage, onions and other early season
vegetables are being transplanted.
Dr. Terry Menges, area horticulturist
for the Texas Agricultural Extension
Service, advises all gardeners to get
their soil prepared. When layil
rows, keep in mind the
irrigation. Being able to
water the small
Gardening equipment should
spected and put into good
Tools should be sharpened
handles replaced. Tillers and
tractors should have the oil
and air filters cleaned. E(
not need to be elaborate.
are produced by using only s
hoe and rake.
24 Hour Wrecker Service
Tires & Tubes
Open all day Saturday
building equity to use toward even- during the past year there were 50 per-
tually buying the type of house they cent fewer first timers among home
want. buyers than as recently as 1977.
The advantage from ownership Many people who want to own homes
results from a principle known as are being forced out of the market by
financial leverage. Although buyers the combination of high prices and in-
will typically have initial equity (their terest rates, both of which are nearly
own money) of approximately 20 per- oue-third higher than three years ago.
cent in s house, they receive the benefit "Be cautious abotlt buying if you plan
of appreciation on the entire value of to be located in an area for less than a
the property which acts to multiply the couple of years," Klinefelter says.
rate of return on their equity. "Although a home may still be a good
"It's clear that waiting isn't going to investment even for a short period, the
make it any easier to enter the buyer runs the risk thata temporary
market," Klinefelter, a Texas slump in a local housing market could
Agricultural Experiment Station
economist, says. "Even during the
current recession, housing prices have
continued to appreciate in most areas.
"The National Association of Home
Builders forecasts that the rate of an-
nual appreciation will run between 10
percent and 15 percent during the
1980's. This is one reason why most
reduce equity at the time of sale or a
loss of equity could also result if suf-
ficient appreciation had not occurred to
cover selling costs," Klinefeiter con-
eluded.
Today's shirt fashion
Today's shirt fashions feature single-
needle or double-needle tailoring
Double-needle tailoring means that
seams are sewn once with a double row
of stitching, Beverly Rhoades, s
clothing specialist explains.
In single-needle tailoring, seams are
first stitched on the inside, then on the
outside, resulting in a flatter, reinfor-
ced seam that makes a shirt conform
more naturally to the body for a better
fit
However, the single-needle process
takes additional construction tim and
generally causes a shirt to coot more,
she says.
Miss Rhoades is on the home
economics staff of the Texas
Agricultural Extension Service.
Cross Roads
School News
Calendar of Events
Tuesday, Feb, 24th - The Cross Roads
Bobcats varsity and junior varsity boys
will host LaPoynor Cross Roads
Game time will begin at 6:30 p m
Friday, Feb 27th - End of 4th six weeks
Malakoff
to cook without salt
Cooking without salt?
This can be fun, although it is.
challenging, says Cass Ryan-Crowe, a
foods and nutrition specialist.
Experiment with bay leaves,
mustard, sage, marjoram and thyme
on beef, parsley and sage on poultry,
and garlic and onion on pork, she
suggests.
Dr. Ryan-Crowe is on the home
ecQnomtcs, staff of the Texas
Agricultural Extension Service, The
Texas A&M University System,
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