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Newspaper
Rusk Cherokeean
Location
Rusk, Texas, United States of America
Date
Jan 03, 1963
Page
1
An article notes the IRS will use an expanded scoring system to audit more returns and urges honesty, mocking the idea of a benevolent honest taxpayer system. It also mentions the U S Post Office raising stamps and enforcing strict envelope specifications from January 1.
The Rusk Quarterback Club board of directors schedules two meetings for Monday January 7 at 5 p.m. and 7:20 p.m. in Southwestern Electric Service offices and Rusk High School Auditorium. Tickets for the All Sports banquet go on sale at local outlets and a program of food and music is planned for January 17 with orchestra by the Rusk High School stage band.
In Rusk a 60 foot rappelling display drew some guardsmen and two teens. Company A officers 1/Lt Lawrence Clayton and 2/Lt Doug Jordan led the session on scaffolding rigged near Armory property. They explained the stunt aids fitness and is not part of standard training.
First State Bank reported 1962 year end deposits of 2,314,269.96 up about 372,000 from 1961. Bank President Lloyd Pipes said the gain surpassed recent years and forecasts for 1963 look favorable. Resources rose to 2,569,442.14 from 2,186,035.65 in 1961.
The annual city audit based on June 30 1962 figures shows a General Fund excess revenue of about 57000 but fiscal constraints limit net gains. Delinquent taxes total 19912 and 1962 levy expected 45523, with total revenue around 77026 and an 8834 surplus. A 10848 credit from a redeemed 1947 revenue bond affects the balance and 36900 sits in escrow for Highway 69 curb and gutter assessments.
Tentative banquet program for the Chamber of Commerce event lists Bob Murphy of Nacogdoches as speaker. Paul Cox will be toastmaster. remarks by outgoing president Robert von Doenhoff and new president John Lester follow awards. Special music precedes Murphy’s talk in the elementary school cafeteria at 7:30.
Dun and Bradstreet data from J W Hight Dallas regional office show Cherokee County housing 488 businesses in the January 1963 Reference Book. The figure reflects a physical count and represents the county’s total firm count at that time.
The City of Rusk issued twelve building permits totaling 176 900 in 1962. The largest item is a 66 000 Brigham Clinic. Early permits include a 17 000 residence for H M Gambrell on Feb 15 and a 20 000 service station for Humble Oil on Sept 13.
The Rusk State Hospital requests a 1964-65 budget increase of more than 900000 for the two-year period. Funds would cover salary adjustments, 41 new positions mainly in medical treatment, an outpatient clinic, and higher operating expenses by about 143937 per year. The proposal is with executive and legislative budget agencies for review with final recommendations planned for the Legislature.
The notice lists Lions Club and Kiwanis Club gatherings at noon, and Chamber of Commerce banquet at 7:30 pm in a school cafeteria. It also notes boys and girls basketball tournaments in Oakwood and Whitehouse Maydelle through January 9. Local civic groups including Rotary and garden club appear with meeting times.
Rusk Federal Savings and Loan Association announces its best year in 28 years under president Leo W. Tosh. In 1962 the association declared a 4 1 2 percent anticipated dividend, approved and paid to over 2,800 shareholders. Checks totaling more than $233,000 were mailed December 31. Cont. on Page 8.
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