About Pickens County progress. (Jasper, Ga.) 1899-current | View Entire Issue (March 24, 2005)
PAGE 8B PICKENS COUNTY PROGRESS THURSDAY. MARCH 24. 2005 From the Progress files Turning back the pages: March 1948 Work to Begin on Court House The building committee selected by the Pickens County Grand Jury, composed of Will Poole, Alonzo Cagle, Carl Darnell, Luke Tate, Brady Turner, Paul Walker, Y.T. Tarpley, T.E. Johnson, T.A. Chas tain, W.A. Hamrick, E.L. Sartor, W.N. Evans, Homer Chastain and U.L. Mullins, met last Saturday and adopted a new set of plans for the Pickens County Court House. The new plans call for a two story brick, full basement and will be about the same size as first planned with the exception of the wing on the north side which will be left off, also the extra under ground basement for boiler room and storage. The new building will include all county offices on the ground floor; the second floor will have the court room, larger than the old court room, jury rooms, witness rooms and rooms to care for the solicitor general and judge. Toilets will be adequate throughout the building. The basement will be finished with the exception of cutting it into rooms, and this will be done if funds are sufficient. The other wing on the north can be added at any time. While the new plans differ considerably from the first one, still the building will be attractive without a dome, and calls for brick construction where the original plans called for marble veneer. Work will begin at once and Commissioner Jones is already lay ing down materials to begin work. Convict labor will be used as much as possible and requisition has been made for additional prisoners, which will include skilled workers as well as common labor. A fence will be built around the property to keep children out for their protection and also make the guarding easier. The labor problem will absolve a great deal of the cost of construction and Mr. Jones intends to do all hauling and rock crushing, etc. with very little cost to the tax payer. (From Ed. Column) The county court house building committee is to be congratulated in getting a plan worked out for the immediate erec tion of a new court building to take place of the one burned last year. As it is now, the affairs of the county are being carried on at a great inconvenience to all parties con cerned. We were greatly in hopes that the building could be veneered with marble, which would be a great advertisement for our county as well as the Georgia Marble Compa ny. It seems a pity to build the finest public building in Pickens County, the home of the finest marble in the world, out of brick. We hope that a plan can yet be worked out with the committee and the Georgia Marble Company whereby marble can be used for most of the veneering. March and April Dangerous Fire Months March and April, with their high winds are here. This is evidenced by the fact that the county protection unit fought six fires in the past week, even after all the rain and snow that fell in the past month. Past records show that about 40 percent of all woods fires burn in March and April. This is due to farmers clearing and cleaning up land, burning brush and stalks, and everyone starting hundreds of fires in cleaning up around homes. If your fire gets out of control, or if you see a fire anywhere in the county and no one guarding it, call your ranger. Mrs. Leon Burrell, of Rome, was a guest of her parents, Mr. and Mrs. B.H. Sosebee and family last week end. Money. Matters Tax-Deferred Annuities and Your Retirement Submitted by Louise Nelson. CFP Nelson Planning Group, Inc. Investment planning for a secure retirement involves many difficult decisions. Should I invest in stocks or bonds? Do I have enough money to retire? Will I run out of money because of inflation and rising health-care costs? Investors want their income in retirement to rise to keep up with the rising cost of living. They also need to minimize their taxes. This article will discuss an investment that can help you grow your money and control taxes: tax-deferred vari able annuities. Tax-deferred annuities are simi lar to IRAs in that all taxes on capi tal gains, dividends and interest are deferred until money is withdrawn at retirement. This tax-deferred growth can make an enormous dif ference. Over a 20-year period, a $100,000 investment growing at 10% annually will grow to $672,750 in a tax-deferred account — versus $365,838 in an invest ment taxed at 33% and only $320,713 for an investor in a poten tial 40% marginal tax bracket. The higher tax rates rise, the more valu able tax-deferral becomes. Variable annuities have been increasingly popular over the past few years because of the drop in interest rates for CDs and money- market funds. But in addition to asp er IRUCS & GIFT 1 North Main Street Jasper, GA 706-692-6427 YANKEE CANDLE 1 famous forfraarance™ Fresh Peach Sweet and juicy, a pleasingly warm fruit sensation - Refreshing! 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Mr. and Mrs. Carl Perrow and children of Marietta spent last week-end with their parents. Dr. and Mrs. C.J. Roper, Dr. and Mrs. Paul VanSant and Mr. and Mrs. Selvey Jones spent last week end in Hiwasee. Spring into Savings at Slater Floor Coverings! Special financing available* February 21-April 2, 2005 No Payments until January 2006 No interest if paid by January 2006 ‘pending credit approval 706-253-4121 Georgia Mountain Forestry Service, Inc. Timber Land Management Company Specializing in Selective Harvesting GREG BAUER Ga. Reg. Forester #1819 Cell: 404-502-2885 HENRY ANDERSON Forester Cell: 770-894-1454 Mrs. Duane Griffeth has resigned from Roper Hospital and will join her husband, Sgt. Griffeth in Roswell, New Mexico. OFFICE 706-253-3647 GAMTNFOR@AOL.COM STEVE ANDERSON Ga. Reg. Forester #1818 Cell: 404-502-2891 501N. MAIN ST., SUITEA JASPER, GA. 30143 attractive returns, variable annuities include features such as: • Multiple fund options: Your choices can include stock, bond and balanced funds, and even interna tional stock and bond funds. Changes in the investment mix can be made with a phone call. Within a single variable annuity, changes can be made with no cost and no tax — for maximum flexibility to respond to changing market conditions. • Top-notch money managers: Fund mangers available through annuities include Wellington Man agement, Capital Research (Ameri can Funds), Fidelity Investments, Van Kampen Merritt, MFS and Roger Engeman Management (Pasadena Funds). • Dollar-cost averaging: This proven method of investing allows you to commit a sum of money to a fund in equal installments over time — so you’re buying more shares when the price is low, fewer when the price is high. The insurance company will move your money into the fund(s) of your choice over twelve months. • Guaranteed death benefit: When the owner dies, the benefici ary receives the account value or the invested amount — whichever is greater — less any withdrawals. • Systematic withdrawals: In retirement, you can automatically withdraw income — monthly, quar terly, semi-annually or annually. The amount can be increased or decreased, depending on your needs. Taxes are paid on income withdrawn — not on what is earned. If the growth in the annuity is greater than the income distributed to you, the excess continues to grow tax-deferred. The minimum investment in a variable annuity is typically $1,500 or more. There is no maximum con tribution — and no sales charge unless you withdraw your money within the first six or seven years of the program. Invest in Your Future If you’re thinking ahead and have money set aside for retirement, consider investing in a variable annuity. 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