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Newspaper
Clifton Record
Location
Clifton, Texas, United States of America
Date
Feb 20, 1969
Page
8
A 1969 report outlines a new law requiring disclosure of the annual percentage rate on most consumer credit contracts up to £250,000 and all home mortgages. It explains how finance charges, discounts, and insurance affect the APR, and notes differences in revolving credit disclosures and billing methods. The rules take effect starting July 1, 1969 for home-improvement contracts and retail installment agreements.
The Tri County League of Vocational Nurses met February 6 at Clifton City Hall with hostesses Clifton LVN's. President Bertie McCoy presided. Elmer Luckenbach spoke on aged care. Minutes and treasury were reviewed. plans for the February 21 22 Spring Seminar at Falls Hotel Marlin were discussed. Refreshments with Valentine motif were served. next meeting is in Hamilton March 6.
The plan permits cancellation without penalty within three business days after signing. Down payments must be refunded in full. After cancellation notice, the seller has 10 days to reclaim the merchandise or lose all claim to it.
Agricultural producers must notify the IRS on form 4347 when payments are shared. ASCS reports payments to the IRS by recipient ID unless the division of government payments is specified. Flexibility in grazing helps manage forage variability and avoid economic failure in drought, with high stocking rates based on rainfall causing losses. Contact the County Extension Office for grazing system information.
Otha Pennington of Las Cruces visited the Cummings home last Saturday. Several families from Dublin Fort Worth Spur Stamford and Waco plus Kerrville Austin Alexandria La and Athens shared weekend visits with local residents including the Henrys Miles Mitchells Dismuke Tipton and Cummings households.
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