European Stars And Stripes Newspaper Archives Mar 15 1962, Page 8

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European Stars And Stripes (Newspaper) - March 15, 1962, Darmstadt, HesseThe stars and stripes German red Cross thanks Safe for flood donations town boy. Wiesbaden Germany is the German red Cross extended us cordial thanks to Safe units far their support and Aid Dur ing the recent hoods which rav aged the North coastal Region of Germany. Forces told ruling on Bank losses Heidelberg is armed forces members with Money i savings and loan associations in financial difficulties must wait until their actual losses Are fixed by court appointed officials before they can claim income tax deductions according to the internal Revenue service. Telb May mean waiting a year or two until liquidation of a receivership or bankruptcy is completed to deduct any loss from a Federal tax return a Usa eur Legal assistance officer tax ruling comes following the closing of several Washington area savings and loan associations which had numerous uj5, service men depositors overseas. In the Case of an association placed in receivership the Legal officer said there is no Way of knowing whether depositors will have any loss or the amount of losses until the receiver deter mines the True value of assets to cover when the receiver has completed his work depositors will be notified How much Money they will get Back and losses if any then can be deducted for income tax purposes he added. Dividends also an irs spokesman pointed out that the same Rule applies to dividends which have not been with drawn but left in the association to be added to the original Deposit. Even though the depositor May have declared the dividend As in come and paid tax on it for previous year he is not entitled to a refund of the taxes paid on the dividend if the association is closed the Usa eur official said. The reason for this internal Revenue ruling is the tax experts hold that the depositor chose to reinvest his income from the dividend and thus it became part of his Deposit the Legal officer concluded. In a letter to Gen Truman a l a n d o unsafe commander in chief. The Secretary general of the German red Cross expressed the appreciation of his organization for the generous donation of clothing flown to Hamburg and Schleswig by aircraft of the United added the red Cross official we Are especially thinking of the . Youth organizations and scouts who in a most self sacrificing Way collected and loaded Safe aircraft and personnel responded immediately to the Call for Aid from victims of the North German floods. About 50,000 blankets and 5.000 sets of Winter underwear collected from army depots in France and Germany were carried to the devastated area by eight Safe c130 Hercules transports from Devreux air base France. A number of air Force Heli copters also rendered assistance on the scene. Later 60.000 pounds of additional supplies and equipment were sent by Safe aircraft to the flood area. The supplies were donated and collected by . Boy scouts in the Rhineland District of the transatlantic Council of the boy scouts of America. Heidelberg to hear . Evangelist Heidelberg is or Wayne e. Ward professor of biblical theology at Southern Baptist Seminary Louisville ky., will be guest preacher at a protestant Union service in Mark Twain Vil Lage Chapel sunday starting at 7 30p.m. Rev. Ward is a noted evangelical preacher of the gospel educated at the Louisville Seminary he has studied in Switzerland made two archaeological Tours of the holy land and is a frequent contributor to religious journals. According to chaplain col Wil Ber k. Anderson Post chaplain group from Pat ton Barracks also will attend the service. The Chapel Nursery will be available to Small children. Model rocketry meet set Lackland fab Tex. Special the 1962 Usan Model rocketry and air plane championships will be conducted Here july 9-13. Navy to spare historic Sites Annapolis my. A officials at the . Naval Academy said any historic buildings acquired under a proposed expansion program would not be razed. The special advisory commission on future development of the Aca Demic facilities of the naval acad Emy known As the Moreell com Mission has proposed that a mod Ern science and mathematics build ing be constructed on three blocks in in old Section of Annapolis. The site recommended for the science building takes in some of the oldest Homes in this state Capi Tal. An Academy spokesman said the Moreell commission emphasized that historic houses in the pro posed Purchase area be preserved and maintained us historical under stud the nine Man Moreell commis Sion named for its chairman. Adm Ben Moreell us. Re estimated the Cost of completing the entire plan at 5670,370,000. Other spokesmen said the Navy is currently studying the commis Sion s report but added that any implementation of the plan Mustbe approved by Congress. First reports of the expansion plans stirred opposition among some residents of Annapolis. Foils Coin i Here s How a bearded army adviser explain to a group of troops somewhere in Southeast a4iav advice on tactics is one of the Many services Given by military advisor assistance group officers to . Allies throughout the world. Girl scouts cite Clarke Landon Gen Bruce c. Clarke Usa eur command a in chief and Gen tru Man a Landon Safe commander in chief have received plaques of appreciation for the commands efforts in promoting girl scout activities. Mrs. Walter a. Higgins. North Atlantic girl scout commissioner presented the plaque to Clarke. London s presentation was made by or Annemarie Schindler executive director of the North Atlantic girl scouts in appreciation of the cooperation offered by his air Force command towards scouting activities in Europe. The ceremony was a highlight inthe 50th anniversary Celebration of Sac Crew fires first Titan missile Vandenberg air Force base Calif. Special an air Force Titan intercontinental Ballis tic missile has been successfully launched for the first time by training missile combat Crew of the strategic air come the launch made by the 395thmissile so Sac s first Titan unit was Down the Pacific missile Range. The launch demonstrated the proficiency and skill attained by the Sac missile combat Crews who have been training for future assignments with the huge icbms. Housing at it. Hood termed critical it. Hood Tex. Special married personnel being assigned there Are advised that the Avail ability of family quarters on Post the Vicinity of the Post is critical. Current waiting period for As Ste ment to on Post quarters except for general officers and colonels can not be determined. The girl scouts of America being held this week. Also attending the ceremony was maj Gen John k Cuhen Safe surgeon and presi Dent of the North Atlantic girl scouts. Oks Early outs for school work Heidelberg is the army has reinstated Early releases up to 90 Days for inductees regu Lar army soldiers and enlisted re be. Fists to attend College or to accept seasonal employment. The Early out provisions of ar635-205 were suspended with the exception of especially meritorious cases last fall in the Over seas Force buildup. With present lifting of this sus pension no enlisted personnel Wilt be separated Early to enter school prior to june 1, a Usa eur he spokesman said. Applications for Early release however May be made before this Date he pointed out. By Herb staff Heidelberg strongest foil against is aggressive am Rbruce c. Clarke us Mander in chief said hit and i Don t think your country what it and speaking about it i private occasions is Square Clarke told a j Reserve officers ass Bers at a luncheon Campbell Barracks Casi the struggle Between nist and democratic unrelenting unc leans must realize that called crisis in Europa Over and May. Not be he declared. Roa performs a Job of feeding Back National defense to the United states and to that make up a great army Force said the there s no doubt Are against communism is not enough. They Mit americanism Clarke a Farewell address to membership of the chapter. We can Only overdo threats created by the through a positive Asp prove problem Clarke declared a negative attitude on of americans toward Conis Only a passive defense we May not lose but we?win." Clarke said the people a United states must const toll repeat and rep a Virtues of democracy the ii of Man and the precepts0dom. Many americans Are relic take an aggressive stand in i the merits of democracy and world the Usa eur coi in chief maintained. We must persist incur ideals until they part of All of us he Cone following Clarke s address by elected chapter officers i y it col Francis Purcell in ident were installed by Coli winning of Roas Europe. ".t4 Beady the but Butler fates bomber yet developed for the air Force 1 shown on the Puk ing strip to a stateside Feu. The plane is of Altitude and speeds far beyond now in existence. The Butler is to toe its Wing spun n feet

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