4A+_~ne .Ma_lakoff__News,__ ~I~__~_Y_, _Dec-10_, 1~ I
FEED. SEED. SUPPi,IES
FARMERS & RANCHERS SUPPLY
KENNETH LEWIS CALL COLLI:EI 214 396-2881 OR
OWNER WEST HWY. 31, KERENS ......... 3%.Z282
Farmers should plan
Estate planning at some point
becomes a concern of every farmer,
says an economist with the Texas
Agricultural Extension Service, Texas
A&M University System. An "asset
freeze" is one of the biggest estate
planning ideas with respect to
preparing for disposition of farm land.
This involves fixing the taxable estate
of the landowner at today's prices and
letting future appreciation pass to the
next generation, and retaining
operating control and income from the
land. To do this the landowner sets up a
corporation authorized to issue com-
mon and preferred stock.
q
+/
\
319 N. Terry
FM 90 North
Malakoff
489-0090
COME SEE US SOON!
Just in time
U
rn
The luxurious
"Spoiler"
will spoil you with reclining
comfort with ease. Even the
price is relaxed!
recliners
by
¥
l ., 111 C
just look at all
it Includes:
• 85 hp (mfr. engine rating)
• automatic differential lock
• full hydraulics. 3 pt hitch
• mdependent 540 and 1000
RPM and transmission speed
PTO
• tilt and telescope steering
• hand and foot throttle, hand
clutch,., plus low initial cost
and operating economy
Let us demonstrate
so you can compare
basically
a better value
Perry Hull Tractor Co.
Hwy. 175 W Eustace, Tx.
At
I1
You'll save yourself time and trouble
if you do all your Christmas shopping
now, while stocks are full. You'll
find the best selection of gifts and
avoid all the last-minute crowds.
And, if you need ideas, ask our
sales clerks for advice. They'll be
glad to help with suggestions for
everyone on your list.
The Biggest
percent off
sugg. retail
Includes styles No. 20/27, 21/28, 41/42, 72,722,
2693/2694, 2697/2698, 2678/2679, 2648.
201,
i
BUSY AT WORK--Texas Power & Light employees were busy at work
Malakoff. TP&L provided the service of hanging the decorations furnished
ee. (Staff photo by Tom Finley)
last week putting up Christmas
each year by the Malakoff Chamber of
Texas farms buck
nationwide trend
While the total number of farms in
the United States continues to decline,
Texas is buckingthe trend.
While more farms in West Texas are
consolidating to form bigger, more
profitable units, farms in eastern areas
are being sub-divided into smaller units
to be used as weekend retreats by folks
who have to live and work in the city
during the week. Texas boasted 194,253
farms in 1978 compared to 174,000 in
1974.
The U. S. Census Bureau defines a
farm as "any place from which $1,000
or more worth of agricultural products
were sold or normally would have been
sold in the previous year."
However a relatively small portion of
the total number of farms produce the
lion's share of agricultural products,
notes an economist with the Texas
Agricultural Extension Service, Texas
A&M University System. In Texas 2.8
percent of the farms produce 60 percent
of the value of farm cash receipts.
College or retirement funds with sub-
stantially reduced tax loads can be built
with United States Savings Bonds pur-
chased through the Payroll Savings
,Plan.
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A PROUD DADDY was evident at Tanner Motor Compan~
who missed the signs from Tommy another clue was provided.
her was born Sunday at Navarro County Memorial Hospital and
home Monday. It was reported that a proud grandmother provided
sign. (Staff Photo by 8racy Dunacusky)
Saturn, one of the giant planets of our solar system, is also the
would float in an ocean if there were one big enough to hold it.
Here's your chance
to tell Santa the
toys you want for
ChristmasI
will be
IN Malakoff
/
489-0482
Moms and dads- briSl
,ict ¢e
your camera - p
taking welcome•
Hwy. 31..
Malakoff
............. Malakoff
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