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Newspaper
Danville Register
Location
Danville, Virginia, United States of America
Date
Sep 10, 1977
Page
4
A Census Bureau report shows married couples with college degrees and annual family incomes of at least 20 000 have stronger marriage stability. The study of about 18.3 million couples aged 35 to 54 finds first marriages most common among high earners and educated pairs.
Washington AP Consumers show strong interest in a proposed set of new credit union savings accounts. The National Credit Union Administration said 70 to 80 letters from consumers have been received, unusually high for rule proposals. The four new account types would supplement existing share accounts, which remain unchanged. The Split Rate Account would pay different dividends under the new rules.
In Assen, The Netherlands, eight Moluccan activists on trial for seizing a school and train vow to continue their struggle as police fortify the area after two raids by youths. Prosecutors seek up to 10 years for seven captors, with one accused as an accomplice, while defense says verdict won’t stop their actions.
Robert Garrett, VP at Home Builders, watched the Learjet take off at Sanford airfield near Lillington and learn later that five aboard were dead. Victims include Henry George, 49, and his wife Biffle, 51, of Dryden Michigan, Philip Nester, 47, of Elkhart Indiana, Leroy Southerland, 61, and Jimmy Taylor, 35, of Flint Michigan. The jet, eight months old and owned by George, disintegrated over miliday Deanfield area after takeoff. FAA officials will inspect the accident.
IRS officials say promoters misrepresent tax savings from trust plans named Family Estate, Pure or Educational Trusts. Promoters charge a fee to create trusts shifting assets and income, claiming tax benefits and officer compensation with fringe benefits. Courts have upheld rulings against such trusts. taxpayers in recent cases faced tax liabilities. Also notes USDA fact sheets for part time farming and a Sept 20 deadline for FDA hormone warning comments.
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