HomeMy WebLinkAboutThe Brussels Post, 1972-01-12, Page 9THOMPSON and STEF'HENSON
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flogNimmomiNe
ESTABLISHED
1872
Brussels Post
BRUSSELS $4.00 A Year in Advance — $5.00 to U.S.A. — Single Copy 10c ONTARIO
Phone 8876641 at the Post Publishing
House
Nominate Area Minister
Read the Advertisements —
Improve
your
home
now!
Between now and Spring
is the time to renovate, to
recondition, and decorate
your home. Let Victoria
and Grey help you finish
the rec room, take
advantage of furnishing
sales, move up to better
living. Have fun improving
your home in the grey
months ahead — adding to
its capital value, too —
with an easy-to-get,
easy-to-pay-back loan from
Victorja & Grey Trust —
the people who have been
helping people like you
since 1889. '
TICTORIA d
GR
C. I. Stief, Branch Manager,
Listowel
TRUST COMPANY SINCE 1889
VG
Rev, G. L..Royal of Knol
Presbyterian Church, Goderich
was nominated recently by the
district Presbytery for the office
of moderator of the 98th
General Assembly of the ,
Presbyterian Church in Canada.
Mr. Royal has decided to
allow his name to stand for
election and will be one of seven
1. Applications to establish
basic herds as of the end of the
1971 tax year, or to increase
basic herds during the 1971 tax
year, will be considered if they
are received by the Department
by the date required for filing a
1971. Income Tax Return which
for individual taxpayers is April
30, 1972. Applications will not
be considered if received after
that date.
\ 2. The new provisions will not
tax any increase in value of a
basic herd which occurs before
January 1, 1972, but it will tax
any increase and allow any de-
crease in value which occurs
after the end of 1971, in the
year in which the increase or
(The following information con-
cerning establishment of basic
herds has been provided by the
Minister of National Revenue to
R.E.McKinley, Huron M.P.)
It's a Profitable Pastime!
Taxes And Basic Herds
Presbyterian :ministers aspiring
for the post.
The man receiving the higheSt
number of votes in, the mailed
ballot to be completed by Feb.
28, will have his name placed in
nomination on. June 4 in
Toronto when the Assembly will
convene. However, other
nominations may be made from
the floor.
decrease in value IS realized.
This will be accomplished by
using the average fair market
value at December 31, 1971 in
determining the amount to be
deducted from income when a
basic herd is reduced in 1972
or a subsequent taxation year.
Average fair market value will
be based on all the animals of
the class in the total herd.
- 10% of his basic herd at
December 31, 1971, or
Where a taxpayer elects to re-
duce his basic herd under this
provision, and his election is
within the limits mentioned
above, he will be allowed to re-
duce his gross income from live-
stock sales by an amount deter-
mined by multiplying the
reduction in his basic herd by
the average fair market value of
all the animals of the class in his
total herd at December 31, 1971.
3. A taxpayer will be allowed
to decrease his basic herd in
certain circumstances even
though his total herd is not
decreased. He may elect to
reduce his basic herd in any year
after 1971 by the least of:
- the number of animals of the
class disposed of in the year,
There is no requirement that
a farmer establish or report the
average fair market value at
December 31, 1971 of all the
animals of a class for which he
has a basic herd until the first
reduction after 1971 in his basic
herd. However, if such a reduc-
tion does not take place for
several years, it may be more
difficult to do so at that time. It
is, therefore, in his interest to
establish such fair market value,
at an early date.
- the number in his basic herd
at the end of the preceding year.
4. Where a farmer has an
approved basic herd at the time
of his death, there may be de-
ducted from the value of his
livestock on hand, an amount
determined by multiplying the
number in his basic herd by the
average fair market value of all
the animals of the class in his
total herd at December 31, 1971.
Scanning
the Weeklies
By Lee Hee
Hi, there folks! We are back again after the hectic
Christmas and New Year's rush. We hope all had a
pleasant holiday and It is Our hope you will enjoy scan-
ning the weeklies in 1972 as much as you did in i971. We will certainly try to make this feature as interesting to
you as possible.
In scanning the Exeter Times-Advocate we note that
a motorist from Kitchener came upon a herd of cattle
on Highway 83 about two miles west of the Huron-Perth
boundary line. Four cattle were killed. Owner of the
herd was Mac Hodgert, R.R.1, Kirkton. Damage to the
car was set at $1,600 and the cattle were valued at $660.
Douglas Brunton, driver of the car, received only minor
injuries. - - Snowmobilers in. Exeter did not heed
the warning issued by council last meeting and thus
council has agreed to prepare a by-law controlling the
machines. - - - -Usborne Road Superintendent Bill
Routly retired at the end of 1971 after close to thirty
years service with the municipality. His position is
being taken over by John Batten, a grader operator and
works foreman for about 16 years. - - - Mr. and Mrs.
Roy MacDonald were honored by relatives on the occasion
of their 45th wedding anniversary. Mr. and Mrs. W.
Dace, Grand Bend, and Mr. and Mrs. Charles Miller,
Exeter, marked their 60th wedding anniversaries recently,
also Mr. and Mrs. Elmer J. Haas, Buffalo, celebrated
their 50th wedding anniversary. Mrs. Haas was the former
Gladys Ford of Exeter.
The Goderich Signal-Star reports two snowmobiles are
being utilized by the Goderich detachment of the OPP to
provide improved cottage inspections during the winter
months . - - - Goderich's first new arrival for 1972
was Sandra Lee Ann Mathers, daughter of Mr. and Mrs.
John Mathers, R.R.2, Goderich. She checked in at 3:50
a.m. at the Alexander Marine and General Hospital. A
successful skate-a-thon was held at the arena at which
Dick Eisler spun the music to skate by.
Hot meals delivered to homes are literally going a-
begging and those responsible for the special service,
"Meals on Wheels", are wondering why. Instigated some
18 months ago by the Ministerial Association, wingham,
was, according to the Wingham Advance-Times, to
provide one hot meal a day to elderly people, especially
those living alone. It is hoped an increase will be forth-
coming within the next two weeks in order that this worth-
while project may continue. - - -Karen Kieffer, R.R.1,
Bluevale, was $250 richer on Christmas Eve as she was
the winner of the grand draw of the Goodwill. Season
Stores. She is a student at Huron Park College and plans
to use the money to repay a student loan. - - -The family
and neighbors of Mr. and Mrs. Alex Donaldson, Gorrie,
feted them on the occasion of their 45th anniversary.
The Mitchell Advocate reports that Mrs. Everett
Walkom on Blanshard Street, at the south end of town
phoned the Advocate on Tuesday to tell that while standing
at the window watching about half a dozen cardinals, she
spotted a good fat Robin among them. She also reported
the first robin red breast around here but it was later
than January 4th last year. - - Snowmobilers are seeking
some form of protestion from snowmobile operations in
the Lions Park, where young children are using it for
their recreation and tobogganing, etc.
In the Milverton Sun we note that Mr. and Mrs. Louis
Hoffman, residents of the Milverton Nursing Home, re-
cently celebrated their 60th wedding anniversary.
Bob Farrish of Kitchener) formerly of Ashfield, accord-
ing to the Lucknow Sentinel, has purchased the Lucknow
Bowling Alley from Mrs. Fred Horton and took over on
January 3rd.
The Zurich Citizens News relates that a veteran of
seven years on the municipal council of the Village of
Zurich, Herb Turkheim last week announced he was re-
tiring from the position effective December 31, 1971. He
still had one year of a two-year term to serve. Under
the Municipal Act, the council will now have the right
to appoint any ratepayer to fill out the year of his two-
year term.
In the Clinton News-Record we note that Miss Mary
Harrison, Clinton's oldest resident, celebrated her 103rd
birthday Tuesday, January 4th at Clinton Public Hospital
where she is presently a patient. - - - Hayfield Lions
first winter carnival last weekend was a huge success
according to club officials.
411.,0,41.. 11111. •10...41••••••••••••••11.-••••••••
New Books In The Library
English name was Joseph Brant,
is one of the most exciting annals
in the North American past. This
biography has been written par-
ticularly for teen-age readers.
Rebellion, by Joseph Schull.
Joseph Schull, author of
4,Laurier", ,,Batiiie for the
Rock", 'The. Nation Makers"
turns now to the Lower-Canada
aspect of the Rebellion of 1837-,
1838
Heritage, a romantic look at
early Canadian furniture, by
Scott. Symons, photos by John
de Visser.
Each piece of furniture was dis-
covered and deSCribed by the
author with love,adniiration and
insight, Then John de Visser
captured each pieCe both in corm
and black and white. 1
SSE LS POST, JAN.. 12, 1972-9
The Unmuzzled Max, by Max
Ferguson.
The master of the stinging barb
is in full humour here as he
demolishes some sacred cows of
society. winner of the Stephen
Leacock Award for Humour in
1968, Max Ferguson presents his
second instalment of satire -
sketches.
Outdoor With Gregory Clark.
Four decades as one of Canada's
foremost stOry-tellerS and hUM-
• ouristsi, Greg Clark here invites
his reader to come outdoors with
him and share his observations
and anecdotes.
Joseph Brant; a man for his
people, by 'HeletiC .Robinson
The story of the Mohawk Indian
Chief; Thayendatiegta i whose
f THE BRU