Newspaper Page Text
The Summerville News, Thursday, January 1, 1987
2-A
Chattooga Intangible
Tax Drops Dramatically
Some SIO,OOO less in funds
are expected to be collected in
Chattooga County from in
tangible property tax
assessments in 1986 than in
1985, according to the Georgia
Department of Revenue.
?Vlarcus E. Collins, state
revenue commissioner, said
$17,954.96 was expected to be
collected for 1986, compared to
$28,068.35 in 1985, a (fecrease
of $10,113.39.
The reduction was the
largest in the state, regardless
of county size. Most counties
reported an increase, Collins
indicated. "y
The only state official who
could discuss the Chattooga
situation was on vacation this
week, according to the State
Department of Revenue.
Intangible properties taxed
by the state include cash,
stocks in out-of-state firms, ac
counts receivable, bonds and
debentures of corporations,
credits extended in connection
with purchase of stocks, notes
not secured by real estate and
short term notes secured by
real estate.
DONE BY STATE
The Intangible Property
Tax Section of the Department
of Revenue compiles the in
tangible property tax digest,
makes assessments and sends
the data to counties for collec-
Ellenburg
Monument
Co.
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tion of taxes due.
Collins said the data for
1986 intangible property taxes
was completed and forwarded
to the state’'s counties, in
cluding Chattooga, last Oc
tober, a month earlier than
completion of the 1985 data.
More than 98 percent of the
total listed for Cfigttooga will
go to local fiovemment and the
schools. The state's share is
one-fourth of a mill.
~ln the Northwest Georgia
area, Catoosa County's 1986
New FM Station
Okayed In Trion
Chattooga County will be
the site of a new FM radio sta
tion in the next several months
and AM station WSAF is now
under the sole ownership of co
founder Terry Adams.
Those announcements were
made Wednesday by Adams.
The Trion-licensed AM sta
tion, which has its studios and
transmitter on U. S. Highway
27 south of Summerville, is
under the sole ownership of
Adams, effective Dec. 17, it
was announced. Co-founder
John Abbott has sold his in
terest and is no longer af
filiated with WSAF or SAFE
Broadcasting Corp., Adams
indicated. ; T
The new FM station will
have a power of 3,000 watts
and will operate 24 hours per
day, Adams said. It will
gpe]rate at 95.7mzh on the FM
lal.
The next step in the lengthy
process for putting the new
station on the air will be is
suance of a construction permit
by the Federal Communica
tions Commission (FCC),
Adams said.
NEGOTIATIONS
“This comes about after
two years of negotiations with
the FCC after a notice of pro
posed rule-making was releas
ed on March 14, 1984, by the
FCC,” Adams said. “WSAF
was the only one that showed
a desire to invest time and
money to secure this new FM
station for the benefit of our
county to have a local 24-hour
totals reflected an increase of
$9,800 over 1985, Dade Coun
ty's 1986 figures showed a hike
of $3,300 over 1985, and Floyd
County's 1986 total showed an
increase of $46,700 over 1985.
Walker County's 1986 figure
reflected a jump of SIO,OOO
over the 1985 figure, the state
said.
No other county in the state
had a larger decrease than
Chattooga, according to
figures made available this
week by Collins' office.
source of information.”
Adams said WSAF did
meet strong opposition from
%arties in LaFayette, Ringgold,
ast Ridge, Tenn., and Fort
Oglethorpe, all of whom
wanted the new station to be
located in their cities.
“However, after several
legal battles, WSAF was able
to show cause to the FCC that
Trion could benefit far more
from a new FM station than
any of the other cities,” Adams
said. “While confident of its
success in the final stages of fil
ing, WSAF is preparefi for fur
ther opposition. These final
stages are expected to take at
least a year.”
Census Bureau
Survey Slated
In Chattooga
Former Chattooga County
resident Bambi Bridges, now
of Chattanooga, Tenn., and a
representative of the U. S. Cen
sus Bureau will revisit selected
Chattooga and area households
beginning Friday to conduct a
Survey of Income and Program
Participation (SIPP), James F.
Holmes, director of the
bureau's Atlanta Regional Of
fice, announced.
SIPP is a major nationwide
continuing survey introduced
in the fall of 1983. It is one of
the nation's largest household
surveys with about 25,000
households participating.
The Census Bureau
publishes periodic reports pro
viding int%rmation from the
survey. Subjects covered in
clude the following:
* Jobs and earnings.
* The economic effects of
unemployment, disability and
retirement.
* How taxes affect personal
spending.
* Participation in programs
such as Social Security,
Medicare, and Medicaid, and
food stamps.
Information from SIPP
helps policy makers and ad
ministrators determine how
well government programs are
serving the public and how
changes in programs and
policies will at};ect the public.
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F"Z‘\'fl‘\ WS LY e R T
JAMIE CRANE PREPARES FOR CARD SHOW
Plexiglass Covers Protect Cards
INTERESTED BY SONS
Baseball Cards New Hobby
By KAY ABBOTT
Staff Writer
Chattooga County area
families are quickly becoming
experts in trading the latest
“hot" collectibles, baseball
cards. Following the lead of
their sons, L. C. Crane, Sum
merville, and Larry Bowers,
Trion, have begun dealing and
collecting cards themselves.
Their hig%lest praise of the hob
by is that it is an activity that
the whole family can enjoy.
“My son, Jamie (12) is the
collector,”” Crane said. ‘I more
or less buy and sell. Jamie
started col{ecting in 1984 on
his own. He purchased a few
cards with his allowance. Teen
agers now aren't like they were
'in my day, we were interested
in what was popular. He looks
at something he can get a
return on or a profit.”
The father is proud of his
son's trading success.
$65 CARD
““He spent eight bucks on a
card last year and now it retails
for $65,”" Crane said.
The younger Crane became
interested in cards after learn
ing about their value through
a school project.
“He l%amed through the
project how to grade the cards
according to quality,” Crane
added. ‘‘By having that infor
mation as guidance he started
going to conventions and col
lector shows and purchased
cards with his allowance. In
three to four months, he asked
to subscribe to the current card
price listing which comes out
once a month. It lists the cur
rent price on any card from the
1950 s to today."”
RETURN
“I became interested when
I saw the kind of return he was
éetting on his investment,”
rane continued. ‘‘He would
spend $1 on a card and then it
would increase three times in
value in just a short while. You
see the greatest profit in rookie
cards of players who've had
MVP (Most Valuable Player)
years. ;
For Crane, the best part of
the hobby is that the whole
family participates. The Cranes
attend at least one show each
month within 100 miles of
Chattooga County. Although
most conventions are held in
larger cities such as Atlanta
and Birmingham, a few have
been held in Rome.
“It’s a family type hobby,”
Crane said. “Basicali)y, the hob
by itself will pay for our ex
penses in attending the conven
tions. We're not looking so
much at profit now but at a
means of getting to know peo
ple we otherwise would not
have met at no expense to our
family.”
STYPICAL”
According to Crane, the
“typical collector” is anywhere
from 8 years old to retirement
age. .
~ “You see as many adults as
children,’” he said.
As many as 500 people at-
Help Offered
On Returns
Chattooga County
residents may receive free
assistance in preparing their
1986 state income tax returns
this year, according to Marcus
Collins, state revenue
commissioner. o
Hellg will be tprovided at the
Rome Field Office, 200 North
Fifth Ave., from 8 a.m. until 4
p.m. dailfi. The office may be
reached by calling 295-6061.
Assistance will be available
Monday through Friday from
Jan. 2 through April 15.
tend the area shows, represen- |
ting six to eight states.
Although the first cards
were issued 100 years ago, the
real boom in baseball cards has
occurred in the past five years.
‘““Actually, interest became
quite significant in the early
'Bos,” Crane said. ‘‘There was
a boom and baseball cards are
now one of the hotter or larger
hobbies.”
MOST VALUABLE
According to Crane, the
most sought-after card in the
current market is the 1952
Mickey Mantle rookie issued
by Topps Bubble Gum. In mint
condition, it is worth $3,000.
Aside from the hoped-for
Mantle card, Crane and gn.is son
are most interested in obtain
ing the Pete Rose rookie card,
which is now valued at S4OO.
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SWANSON Autosure 225 N. Commerce St AutoSJr
5 AUTOMOTIVE SUPERMARKET Summerville, Georgia oSure.
AUTO
AUTOMOTIVE MACHINE SHOP 857-2431 AR A
Cash, check or o o . We reserve the right Open Monday-Friday 7 am. to 6pm PTRTy TV
credit cards welcome. """ E"':'} L B LU ) to limit quantities Open Saturday 7am tospm January 5, 1987
The Cranes specialize in
Pete Rose cards. Their most
important Rose card is now
worth over SIOO.
~ Cards are valued according
to the player's performance
and the condition of the card.
“If a player has a good year
or wins awards, his card will go
up,”’ Crane said. A card that is
properly centered and has no
stains, worn edges or color
defects is considered in mint
condition.
Teddy Bowers, 11, Trion,
estimates his collection at
“about 50,000 baseball cards.
Asked to choose between cards
issued by Topps, Fleer and
Donruss, young Bowers recom
mends the latter.
“The Donruss type are fan
cier,” the Trion fifth grader
said. “They're the best kind to
get.”
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TEDDY BOWERS SHARES HOBBY WITH FAMILY
“It’s Lots Of Fun”
MANTLE-ROSE
The Bowers family shares
the collecting ideal of the Crane
family: to someday own the
Pete Rose or Mickey Mantle
rookie cards. However, Teddy
also feels that the best part of
collecting is not finding a rare
card or making a profit, it's
sharing a hobby with his dad.
“It's lots ofyfun." he said.
“The whole family goes to the
shows."
Bowers first became in
terested in baseball cards last
summer during a family trip to
Idaho. As the family browsed
through a baseball card shop,
they noticed that business was
very good. Since that time, the
Bowers have attended card
shows and learned more about
the hobby.
FUN-PROFIT
I wanted to buy some
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cards to see what I could do
with them,” the youngster
recalls. “‘Dad saw how much
profit there was in them. At
first it was just for fun, but
later on, we began collecting to
make some profit.”
Although Teddy concen
trates on the cards of current
baseball players, his father,
Larry, enjoys collecting players
popular in the early 19605.
“My best investment so far
was a Wade Boggs rookie,
which I bought for $2,”” Teddy
said. “‘lt’s now worth $10.”
“The value of the cards
changes according to the way
they play,” he sai(% “If the bat
ting average is real high, like
.300, or if they win an award,
the card will go up. Demand is
important too. If more people
want the card, the value will
move up.”’