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Newspaper Archive of
The Malakoff News
Malakoff, Texas
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December 31, 1981     The Malakoff News
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December 31, 1981
 

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MRS. JAMES GREGORY COLBURN ceremony Foster and James Gregory Colburn were united in in a double ring ceremony at '~. November 21 at the First Baptist in Athens with Rev. James F. bride is the daughter of Dr. and Bob P. Foster of Athens. The are Mr. and Mrs. is the son of Zelda Colburn James C. Colburn of was decorated with large a large floral arrangement of Lflowers accented the baptistry win- K The couple knelt on a satin kneeling bench before an arch candelabra entertwined with Hurricane lamps tied with t bows ma'tk~d ~amily p~w~'. ' Lonnie Massey provided organ Ms. Donna and Nita Brister "The Rose" and Mrs. Pam sang "Always". Mr. and Mrs. Weeks sang "The Wedding in marriage by her father, the chose a white silk organza gown with re-embroidered Chan- Molded lace and embellished clusters of pearls, the bodice a Queen Anne neckline, open back and Sheperdess sleeves. full skirt was accented with a of organza and swept to a train which was enhanced ' with Chantilly lace. A fingertip edged with re-embroidered lace caught to a cap of pearls bride's bouquet was a cascade of and white silk roses surrounded with streamers of peach and Serving as maid of honor was Miss Gail Paraline of Athens. Bridesmaids were Ms. Julie Gwaltney of Baton Rouge, La., Suzy Glass and Mary Mills of Athens, Patti Colburn, sister of the groom from Houston. Junior bridesmaid was Jennifer Foster, sister of the bride from Athens and the flower girl was Heather Schwartz of Athens. Scott Selz of Bridgeport served as best man. Groomsmen were Scott Colburn of Bridgeport, brother of the groom, Billy Jack Breeze of Giddings, Buddy O'Dell and Tommy Mann, both of Bridgeport. Ringbearer was Bo Florence of Athens and candlelighters were Scott Foster of Athens, brother of the bride, and Roy Foster of Dallas, cousin of the bride. - t Ushers were. Jim and Cliff Foster of Athens, 'brothers of the bPide Mike McBurney of Longview, cousin of the bride, Bill Bomar of Metairie, La., and Craig Strain of Bay City. The reception was held in the Family Life Center of First Baptist Church. Mrs. Selah West provided music on the piano. Those serving at the bride and groom's tables were Ms. Kerry Harvey and Patti Pagitt of Athens, Mrs. Talena McElhaney, Lisa Bruze Giddings, Gena Gartrell, Michelle McBurney of Dallas, Robin McBurney of Mabank, Mrs. Sherry McBurney of Longview, cousins of the bride. Mrs. Fran Slack served at the bride's book. The bride is a graduate of Athens High School and Henderson County Junior College. She is presently atten- ding Texas A&M University. The groom is a graudate of ribbon. She carried her bouquet Bridgeport High School and Texas her Bible given to her by her A&M University. He is currently era- as a child. It had been covered for the wedding by her gran- Mrs. C. O. Dodson. The bride ~a necklace with a pearl and gold leaf clover pendent worn by her she married. ployed as a petroleum engineer for Clayton Williams Company in Gid- dings. After a honeymoon to Cozamel, Mexico, the couple is making their home in Giddings. :i?:);i : :~!:i::) MR. AND MRS. GRESHAM FOWLER ers to and Mrs. Gresham Fowler of John Gresham Fowler and Mozelle will be honored with an Open Shirey were married January 2, 1932, at Saturday, January. 2 .... Durant, Oklahoma. 5 p.m. in honor of their anniversary. The r~dep-'. They have two grandsons, two gran- held at their home on F~st ddaughters and one great gran- 31 in Malakoff. ~ .ddaughter. the reception will be their .- Local invitations are extended Dr. and Mrs. Robert Fowler through the press. It is requested that' Jim White. no gifts be made. SUSAN CHEREE RAMSEY O Mr. and Mrs. Raymond Ramsey of Malakoff announce the engagement and approaching marriage of their daughter, Susan Cheree to Quincy Hutchison of Arlington. They will wed at Pleasant Run Bap- tist Church in Lancaster on Jan. 9, 1982 at 3 o'clock in the afternoon. All friends and relatives of the couple are invited to attend. SUSAN WALKER ~O ews in Mr. and Mrs. G. V. Walker announce the engagement of their daughter, Susan, to Milburn A. (Mibs) Matthews. The bride-to-be attended Stephen F. Austin State University where she majored in Marketing and Management. She is now employed by Yarings in Austin. The groom-to-be is a graduate of Arizona State University and the University of Texas Law School. He will be working with the Gibson, Dunn and Krutcher law firm in Newport Beach, Calif. The couple plan to marry in March. 'LITTLE I I LITTLE TRANSFER & STORAGE agent for Mayflower ESTIMATES WITHOUT OBLIGATION. 214-874-4221 31 Corsicana, Texas FEED SEED . SUPPLIES FARMERS & RANCHERS SUPPLY KENNETH LEWIS CALL COLLECT 214/396-2881 OR OWNER WEST HWY. 31, KERENS 396.2282 The Malakoff News, Thursday, Dee. 31, IMI---JA New individual accounts O (Retirement Planning: Second of Five Parts.) Any American who's been on the planet Earth for the past few months and is interested in personal finance has probably heard something about IRAs. For more details, read on. IRA stands for Individual Retirement Account, three little words that are destined to revolutionize how Americans save and plan for their retirement. The new rules governing IRAs go into effect January 1, 1982. This will mark the first time that these tax-sheltered IRAs will be available to all wage- earners, In the past, only those who were not covered by company pension plans were able to open IRAs and take advantage of their tax benefits. Most of what you've been reading probably talks about contributing $2,000 a year to an IRA. If you stopped reading when you saw the $2,000 figure, get ready to reconsider. You don't need to contribute $2,000 a year. Let's look at what you can expect if your financial situation doesn't allow you to save that much money. Many of us, if we really tried, could cut back our spending by $10 a week. (Maybe it means not going out one night or packing a lunch two days a week, but we could do it.) Actually, if you could save $9.62 a week, you could be saving $500 a year to contribute to your Individual Retirement Account, and $19.23 per week would allow a $1,000 per year con- tribution. A yearly contribution to your IRA of just $500 could result in an account wor- th more than $400,000 in 40 years. If you find that hard to believe, figure it out for yourself. For the purpose of this example, use a 12 percent simple In- terest rate compounded annually. Start with $500, multiply by 12 percent for one year, which is $60 in interest. For year two, add your $500 contribution to the $560 in the account from year one and multiply by 12 percent. Your second- year interest is $127.20 and your ac- count now totals $1,187.20. Continue this calculation and you will find that after 25 years you wi!~have contributed $12,500 and your account will total $74,667. The interest alone will be over $62,000. If you work 30 years, your account could reach $135,146, and 40 years brings you to $429,571. And remember, whatever your con- tribution, your IRA provides a tax shelter for that money. Your con- tribution is deducted from your gross income before you figure your taxes. The money cannot be withdrawn, without penalty, until you reach age 59 /z. However, you may keep the money in until age Then you must begin to withdraw it in specific amounts that will be based on life-expectancy tables and a percentage of the total amount in your account. Any money you withdraw after age 59 /2 will be taxed at the prevailing rate. Presumably you will be in a lower tax bracket in your retirement years. Can you really afford not to have an Individual Retirement Account? Coming next: IRA Benefits for Couples. "The best answer to anger is silence." German Proverb ROYALL INSURANCE ENCY HOME-COMMERCIAL-AUTOMOBILE INSURANCE Representing: Employers.Casualty, Employers National, Motor Insurance Corp. 489-0520 See... Sue Barnett Malakoff 510 W. Royall Blvd. , ~-" -- .,+,, .~+ , ~' ,,, Beauty and Boutiq announces the association of their new stylist OF Trinidad Please come in and meet her. We have three other stylists to serve you. Marella Hall Lenora Robinson Dottle Crowder Call for an appointment B&J Shopping Center 432-2608 , Seven Points December 31, 8 p.m.-midnight Hwy. 274 Trinidad, Tex. "Lots of good gospel singing" Featuring: The Currys, Mt. Pleasant, Tex. Lakeside Singers, Trinidad, Tex. Sponsored by: Trinidad Ministerial Alliance I Refrigerators Freezers Washers Dryers Televisions Air Conditioners "Come/,y and see us /,efore you i, uy " Terms 214 N. Terry Available 489-1506 Malakcff Ill mm ! mm ml mm mm mm mm Lawn Boy Mowers Small Appliances Osculating Fans