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Show '& vt JKR9 (he v ill L..ke Ci edit Bityin;:, Fas Pace ? t 111! ll MUM U. HCCCIVC ILB Yoga Could Help U.S. Gum Asserts America pu.peeied booietj so , techi.oi.-ica- r ! it must load the wvTu And the practice and now, spiritually phibbopny oi yosa could open up the way men' i noughts came Saturday ftom Mukhia S.ngh Sah'b Guru Jdgat &ngh, JJ.V P.xemx, western rcgimial director of Kundalim Yoga Centers m Utah, Ano- j na and New Mexico He met with 22 students m the Home Economics Building at the University of Ltah for a woikshop m technique and JOUui J $ .j t iid JTi Of $25, GOO tuu u?uAttLn.."i at n uwt In the Fork cry 'i $ h, Phvsickm Gels Ghana Health Post i Sait Luke City phvsHiaii lias lieui appointed tlie senior hialth planning adv iser to the Minister ot lleul'h Republic of Guana Dr Ward E Sunk uitkopeUu. suigcon and exeiutno dneitoi i the Intel mountain Regional Midical lrou am. will woi k ih.eiil;. wmi (china s h tilth ninusiei to develop and inipliment a comprehensive public hea'tli plan tor nine million eitieiis ol the West Mi lean Republic jt US State Di partment spokesman said the initial assignment is tor months and is m coopeiatnn with the kaiser Foundation International a su! suhaiy ot kaisir Lndu tries, under ion ti act to I S State Department s Agcniv bn International Development St mil. absent e to I'tb w Divison Spanish first with 81 points 2s Explorer Scout Posts Olympics Holding No S.L. Board Reviews Leae Bid Thousands cf Explorers girls of Explorer age 04 and members of 1,067 posts of the upl are participating in the Great Salt L.ake Council, Boy events, organized by the Scouts of America, are parcouncil to prov ide the opporticipating in the councils 1175 tunity tor participation and Explorer Olympics. recognition to Explorers in the council and to foster Jn addition, Arthur Dum-raeOlympics Commits e esprit de corps in Explorer chairman, said some 1,000 posts Various Posts Principal Dies in S.L. Zcta Morns, 20 S Slam, principal of Oquirrh School for more than 25 years, died F nday in a Salt Lake hospital natural ecs1 ot cau-.e- s was She bora m Atlantic, Iowa, to Joseph R. and Edith Nichols Morris. As a child she moved to S tit v -- I j Laxe City i f Miss Morr.s a Miss Morris graduate ot the University of Ltah and attended Stanford Umi ersity and University of Oregon In addition to serving a.s principal at Oquirrh School, she was principal at i -- was g -- a H lor three School DwUgas u ms 1 She was a member of the mst Congregational Church Miss Morris is survived by a sister. Mrs Mary M Law, and a niece, Mariam Law, both of W aterloo, Iowa, and a nephew , Rear Adm Robert Lee Morris, McLean, Va Graveside services will be conducted at the family plot m Atlantic, Iowa 3 f fc. V i W I - d the afternoon employe shift change The later hours will make parking more convenient for v raters, he saul cirfiew new price. Rebuilt diebel engine on Hits 1971 Trepan 1700 2 cu yd loader has clocked ust 200 hours Now, it was $44,950 w A r Not Allowed ? i V3 V- .- w - y-- Excellent condition Completely enclosed cab ) 4 . BUY RENT 2300 Sonih Main Saul Lake Crlv IHfk- - . J A ul..b S4tT. , , " j shift trail i tv liuuisity sTad't ui I m Pi i s' ii t j sr 1 sunur TUti) the group saw the I SI 1!U haskitba'l g one - Sotaidav at Utah State Lniveisity isit Cache Valiev 1.0 g s a toi s a in thin tm- li families i amt t idle hisouius anu ui pait.ni n of w J'h'te Mil Mil liman t t ail Mle'w ud a dmnei lea-tiui'- il D. Uittwirs mie il moots on in ul-uic sea' i'll as it up its tla ton a U.ll alunwiis As chan Fkiv L I si. I t'U' i ui i cntly smm, mail ot the VnuCai.i1 Count il ot the National Vi adetm ol St irate ou is! at a Ltm-,this nvssa i, tins Kinilv hi, s at I I ot Ho prk4 4av Hobada Ot m fti Sia'ea I under hatik pnjm B3J1TSZ3E323 UABILlTlfaS S ot tnd duoti partneranii x ardcorpo'afMjra s of lnct v djais, ard xa nxs oartnarmioa anacorporattons Tlme i DcfOOits ot Uoded vmsOoverTtnT Dwpcs tt ot Mat i f ano Poiticat jubdvvtAlons checks etc (ontfiod and DEPOSITS TOTAL H ftW Sv4 5T 01 Jf 40? l si '?8 US V fa' Total dwnand depo t& tb) Tota tlmeand wvifWdftxM Other liabilities , LlABIL'TtES TOTAL :j CAPITAL ACCOUNTS Eaulty capital tota Common stock total par va ue (No shares authorired 20 000 (No shares outstanding 30 00w S jrp us Undivided pttfits TOrAL CAPITAL ACCOUN fS TOTAL LIABILtTIES RE$fcRVESCAPITAL ACCOUNTS 10Q S - toHIHZEII 000 00 50e?60 1 47 AND 46 O of 12 T4:J dnpost fw he 15 calendar oaysend'ng yyihuiii date loans tor tne iScrttenoar davseriding 2 &40 34? Z thcol' date ot ha abce named bank de solemnly A,ear and affirm that Holmgren condition is true and correct to tte best o mv knowledge and be PfcTt-O HOlMvjR6N CorrectAttest p H Ha SI 6 V RONALD N SPRATi iN3 jR PONALDN SPRATL.NG5R ESTIMATES FREE INSURANCE jdy Woik BcnkAmericard & Moate. Charge Aceptod o of sa lam s ard subscr oeo before me th.s jtar Courn. HOURS MON THRUFRI 7 30 5 30 SAT 9 1 10m day ct January, i9T5 CAROLS Notary Pubnc expires i 8 6 DAT Rising, B Expert Directors State ot 3403 0p UTAH o a iru,nc a tnstitut ons Br mhah Commis one ot Financ a jrrso ng s a true and correct cooy at tne statement ot v 13 195 tns ottce on Wat, SIC So 300 Com SAT 7000 COLOR CHOICES FACTORY OVCN BAKFD MEMORANDA Aver ge ot total Peter with this Coupon Good thru February 5, 1975 i 3j Averwo! tola this report ANY COMPLETE PAINT SERVICE mm?! 487-997- Deo vTment W m cert fy that named oar, fueo no hereby nstijtoru aoove S tne Jara 265-23r- St. d Cjden OEnrtVuiiskS 393-869- S BftIMHALL p nancat tnst l it nos W ss oner Comm of m a si'rn s A limited partnership in Real Estate How to evaluate a tax shelter. James L. hem ia a sum esful yuung Salt Lake Businessman. Like many people this time of year, he is looking for an investment that i shell r part of his income c v A AS H C . a1' K '? , I . v - K $ ' ' ' x; I ne " , k x. REIN. Im looking lord real estate investment that will let me keep more of the money Ive earned this eur, instead ol paying il out in taxes. Is that a "tax slui " or are they the ter or a "tax v same tiling'.' REIN. Is ail invest nu nt that oilers big lax savings ill the first year generally rnky MAY: Yes, bemuse the hgh tax losses an generally anomplished bv nn urruig verv high dibt, and high intern,! rati. And through expensing items which the IRS is likelv to dii.ii k and disallow as d'sku lions Yerv Lttlc of your ci-- h lnvestnunt will go into equity oi ov Ting anything ot Theyie not the same llmig bui many people dont renin it irst of all vou must recognize that tax oriented in uMments gracrally do not allow you to MAY permanently avoid paying taxes But a good tax shelter" is an must menl vvhnh ill alio, is you to deter payment to a fu turc date This is advantageous because vou have tne Use ot the monev now, and (2l it allows yon to change the rate at ahiih the .noomo is taxpd from ordi nary inenme to a capital gain for example - But a friend tuture 1 of mine invesfed is saving he will have a 510 000 tax loss on hn MO,1 li I m.tstmem Yohr fritud m.tv not knoa It but he mav eventuallv he rn"rcd to rip.i -- nine or all of that deduction back in entire investment you hi interested" future taxes ' He i! know tlial lie sa,d it choue belwu n pay ing the 510,000 ta M s to Unde Sam or making this investment, to lo-.- He could lose the er.nte M0 000 .aid still have a tax oblg it ion il the invest ment isn suicessful A high tax wriU olt lax lmoilitv Its i an ermto a lonlingmt uallv liki boi row mg monev lie has tin id-- h now , mi i he lax saving now ) b it will likelv lu,e to pay some or all of il ban Vlld then' muv ne no tasii when linu ha oility Incomes due the point Yon'ji think I the .ame suing you've gum me alternative in both uises an nt you ' MAY hat s right But m tin fn-- t olfi focused i n tin lax wnu oil I lei voua-suin- c i Mat siut me mvesunem mvooeii ual estate that U would be a gjod on and you didnt press br more miorma null W hile theie are many tax adv in' ges av)U.Uid w uh real estate, and rial cUUc i an be urv p'Oluable, you hon'd 'ook , I a rial estate in esimuit mahno t ixa.tlv lln sen" aay vou v ou'd look at am o'h er busmi ss inv si nn nt REIN J If" '' . ' 4k U 801 J . ) 1 11 r fc ; vv k 1 WANT TO KNOW MORE? Phase send me vour hiMik'e! trod in iih W.ilUif Yssoiiaus. "Li a copv ot voai t1 ion "1 idaie wliuh Ki.es cuiii.il rixuls on vour limned partm rshqis and oil) o ml n mation lor invisturs si ml Pl"a-- . n.c quarterly public, J linssid 'he fir t two ads m tins s nr rcurmts 1 sun s lk an Name si-- i MAY. Thais true, vvitn l tie exit pi ion ut Ilk's You 'Guvs Ice to siUlo with Id's when ai une 4 'limit of any lypt istirnu 1 1 1 MA Y - A REIN, bpeiilnailv then what arc some of tiie things should look fur in evaluating a limited partnership in rtal estate as a tax sheltei ' MAY. (1) Know l he general partner s x piriemi. reputation and perto rmatiie Youre verv di pendent upon his ability and il you go no luitlur than tins vou II have made a significant au omph .hment 2) Examine thepotuiti.il profitability ol the invistment aside from the lax ton ad ( Look at how the cash F alio i rations land hit uen the gem rat and Imuhd puimis Ibis should be f.mr tor the bin t id p.rinc's hut otfcr a sign. p am mien live to the general partners Ard ( J i! the t.u considerations are significant. Ihui git hi Ip m evaluating the inu slim at Iron a qw diked lawyer or accountant You mt to determine how thisin.isi nn nt .ill improve your nu worth 1 suppo,e I would MAY. Ukav. Nov, let s assume otlired vou an opportunity to invest slO.OOO to acquire a busimss and ussuud vuu that voa could lose the enure $10,01)0 within two vuirs, would you still be intiiesUd and ne r.allv had nothing S lii c REIN. was a 4 iHr Would in two years r X K . T sl'tksr. 5djgasc 1 tsfiUsu Vod ...1 l'PPnT ten !y to invest Mfi fiOfi in real extate and assure you lhai vou would write off vour REIN in value REIN I take it then you think m wrong ill looking toi a lax slit her MAY. Nol at all No one wants io pa more tax than he legally has to Nor should he. But b focusing oil tax write oil vuu mav be sold a poor in, est mem II m.A be ovirptued or simph l.uking eionomic mult. Lat's get back to vour problem You same in looking lor a tax tills year and hi slO 000 in real puns to deduct the whole thing or get a luO'c tax write off MAY. "Tax w rue oft is the re no between the first year tax losses and the cash invested. In othe words, vour friend o.ses k jrf luito nna aie excel pts irom a d uoguC helieeen the tu o nated But when people Part looking lor lax shelters ill real estate, they onlv seem tin i.ai io ask how much tu vvute-ol- f get. They should lie asking about the risk involved as well rue-off- REIN- Muy is i Of V an as at Walhivc Is souates. a fum specializing in miestment real estate. I!a holds a .77) i dt;i . funn die Unucrily of Utah Iona I . ? " A1 r 4L IV u -- Yddn i Cilv ' I I J R 1 OKrZ a 515 Lrail W like Lake I IS 111 Any i i ik v f -- I hank Building i Mil U She MU 1 J I'M tjl i V n nyj REIN' Bui ne s in a limited partuu Jiip nought limned partners had no rcspoira bihty beyond their initial Investment mission & planetary axies Articulated power steering tl r, LEASE spied power Wltfwci II S to and ni I - Dl Slate In Viittwei, who i' as-i- s dean ol at multure and natuial lesouues a id dirii tor oi He ' jx ihiient siaoon at Mk liuan State mveisiiv n iu ;ed hi Hus vtar s lMth ..iihiveisaiy ol the acutul ture expernruiit stations Ik said i escort hi uncluet t d i lcnltuie La a the hill on to .in! St at. peiniinunt Uukiy pioduition and m ir ket.iu; avoid fiost dam in dm e disi aso-!- i ee tuinatos and wheat and imnrovedaiiv piixlmt-- , heljxsi to mA" tlier meal possible i ii.e loui .1 tis i .no,-- ' tl o a join' p'i , ntaiion on w d'lldi Mt t'le in sll mid emphlsi't bam. cm nt of luul.iclivity of tlie HPcVjhle tesouices -loixi mod tiier, umbu hsh and wildlife p.rvhase 1 However, Personnel Duci-to- r Lynn J Marsh said the absence w as nut allow ed because her piolJern did not prohibit her fioin appearing at her desk She also loll town, ne said A half dozen witnesses gav e v at led bits ot testimony However, the Imard unanimously agreed 10 ask Ms Wctds phv sician tor an atiidawt stating whether she nt eded to take the time otf tor health When the phv sic unis answer arrives, the Imarii will vote on whether to recommend citv commissioners pay her the eight days ot sick leave David B Wmthlin, administrator, said the move was made to reduce traffic and parking congestion caused by Y if 7 I board could not an -- war alter a hearing Engineering aide Jamie Wetzel took eight day soil last October because ot 'extreme m the oft ice and tension up'Ki the advice ot her physician She did not get sick pay which left for the absence of $7 61 for a lit r a pavilw-c15 day pc nod Filed Complaint She told the board the tension came alter she tiled an nnti-(limitation complaint against the city for not paying her wages equal 11 those ol men who Jo similar woik She said she aked depart-men- l otiieials about taking (ho time oft, and gave them a note from hi r phv sician Afternoon visiting hours were changed at LDS Hospital Saturday Times were moved from 3 to 4 p m to 4 to 5 p m rouf ortrn apijls city tne-mom- Hospital Shifts Visiting Hours kX, 1 various posts held competition m bowling and basketball earlier this month, Mr. Dummer said, and the winner in each event will enter district competition Saturday There are seven districts in the council lie sai4 the top three performers will qualify for council finals to he held on the third Saturday of February. Other Events A program that is ongoing througnout tne year, Mr. Dummer said other events will include checkers, table tennis, chess, archery, public speakmg, rifle maiksman-shi- p track and field events, golf, tennis, swimming, cycling, crosscountry run, golf, pitch, hit and throw, punt, pass and kick, road rally and weightlifting The rh wrber 3 Mnn thrAiTM rrwJt! t - t0TAl ACT$ Provo; Diane Does mental stiess which causes ail acute phvsicji illness give a Sait Lake City employe the ugh to take ught days of accumulated sick leave ; That was the question the r, Ex-Oquir- A 3 ' on Ik Ii'i Oantcs vita ana vci,ri? io ' ey4 Demand dupos Provo, and Knsten McGhie. American Fork Third place winners were Loren Sui hur, IJrovo. Steve Izatt, Provo, and Chris Wlnght, Provo Iav it-- r on rj travts assettv winners m oral- category were Kim Judy r bank e Hillcrest, 8i ASSET Otw Taking first place honors m the extemporaneous category were Lydia Norton, Brighton, Nany W li.len, Bi igliton, and Nathan JohanSecond-pla- e e sen, Emery winners vatg Wavne Pullah. who will take a liave ol oi k ,n Guana wdl leave on 7 on Dec o' alt I ag'0meA Ore cvv Pe-pio- -i Di Ca C.ON'ON v p ! u al't a tuning growing woG! must na io a piovrd technokifV will C Lmp a Koehar, Hdlcrest, and Julie Simons, Spanish Folk. Second place winners were Tom Rowley, Provo, Carolyn Glow, Provo, and JoLynn Stevenson, Altamort Third-plac- e winners were Alton r, Hardman, Lehi; LeAnn Brighton, and Holly Rer.olds, Brighton tl t thej at an Alta Club lum heon ?,A Gdightly, tv pay for test arch programs m gas tioenU roloRicul orthopedic and thoracic surgery at the center It will also help supfellowport lectureships, ships visiting professorships and - penal equ'pment purchases in those fields The Dumke Foundation's board of trustees recently was thanked for the donation funds The Altamout with 12 points was first m the 2A Div non First-plac- V)f. 4 Utah Medical Maths Dutnke Foundation ton High School was second with 109 points and Hillcred third with 102 ponds - needs of imputation fund mint 2 ' v to si i tl i II ndw m t., ami i nu the ui' ' e c . v ai h ,ti uU v - The funds were given by the Dr Ezekiel R and Edna Provo Students Capture Honors at Debate Meet Special to The Tribune PROVO Provo High School debate students took first place honors, m the 4 A Division Saturday as teams from 25 high schools competed here The debates were held in four schools with 7tl students participating Provo won first-plac- e honors with 164 points. Brigh 0 O University Center exe-cusc- There must bt a spiritual examination of the world, said the guru And ihcy (Amencansi must realize they can't go on being hung up on the kinds of endow $27,i00 Special to The Tnhune LA a IAN "To m.'et hie to supixirt surgery pi og rains themselves on drugs They are, rather, learning harmony wdh others and with nature, he seed adding. The country' could become very great because of them s, chants to bring Breathing the mind to a positive date graceful motion and healthy living are a part of the Kundalinm way. No one is asked to leave his or hm religion. Instead, deeper participation is encouraged, said the guru philosophy Mtt A. A iSmt.irv j LrpsJiStor.s Hoar Import Donation things they are hung up on He cited credit buying and la si d.uh pace He asked Americans to sec- - tear L: riiHineim.lav ! . 3 ikhj I 36 2075 eaJ T V.7 .n a & ii . 5S . r s , |
