Newspaper Archive of
The Malakoff News
Malakoff, Texas
December 10, 1981     The Malakoff News
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December 10, 1981

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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. ~. ~ ~ # : ...... + ++' + ++:+ +++ .... + + > : : + ,,+ +,~ ++ 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 II I III I II IIIIII IIIIII I