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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
May 31, 1969
Page
20
Morton outlines how home ownership reduces tax bills and builds equity. Using a $19,750 loan example, itemized deductions including interest and real estate taxes lower taxable income, with a renter paying more in taxes. Shenandoah reps offer to explain financial advantages and guide to SH 10 West access.
Ray Ellison Industries starts an Idea of the Month program with a cash award and merit certificate for the employee who submits the best cost-saving idea. Frank Collins of the contraction department originated the program to encourage ongoing efficiency in construction. Jem Bednarz won 143 dollars and a merit certificate for a method to enclose water heaters, reducing home costs without lowering quality.
Builders in Southridge Park are busy readying new homes for immediate occupancy this weekend. The area offers moderate priced homes from 12 500 to under 15 000 with features of more expensive models. Floor plans start at 950 square feet and include 3 and 4 bedroom options with 1.5 or 2 baths and central heat with ductwork for future air conditioning.
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