Newspaper Archive of
The Ohio County Times News
Hartford, Kentucky
March 3, 2005     The Ohio County Times News
PAGE 2     (2 of 34 available)        PREVIOUS     NEXT      Full Size Image
PAGE 2     (2 of 34 available)        PREVIOUS     NEXT      Full Size Image
March 3, 2005

Newspaper Archive of The Ohio County Times News produced by SmallTownPapers, Inc.
Website © 2019. All content copyrighted. Copyright Information.     Terms Of Use.     Request Content Removal.

TIMES-NEWS, HARTFORD AND BEAVER DAM, KENTUCKY, MARCH 3, 2005, PAGE 2-A Building projects not affected Whitfield addresses Ohio Coun - :; Continued from page 1-A "All of our teachers have their letters of intent," Ralph said. "That will tell us which ones are going to re- tire or move to other dis- tricts. Depending on those letters, we may only: lose a few teachers. But right now, we just don't know." Tenured teachers, those with over five years in the school system, won't be af- fected at the elementary level. Ralph said middle or high school teachers who are ten- ured but teach a class deemed unnecessary by the site based council could lose their job. "Most of our (tenured) middle and high school teachers have a major and minor in something so they could teach a different class," Ralph said. Decker clarified that the deficit is only affecting the school system's general fund and not the restricted capi- tal that will be used to con- struct the new elementary school in Horse Branch and Continued from page 1-A With both coming from musical families, that com- mon thread led them to form their own band, traveling to various gospel singings and evangelizing from the state of Ohio to Florida. It was Kenny on lead gui- tar, Mary on bass guitar and their daughter, Rachel, on the piano. "We've sung on the back of pickup trucks and we've had street (church) meetings," Mary James said. "We've done weddings where we've preached it and played it too. We've seen a lot of people come to the Lord doing this." During the peak of their traveling ministry, Kenny James preached and sang a revival hour on the WLLS ra~io station. The couple also h ped establish a church in Daviess County's Friendly Village community, which is still going. However, the Jameses were forced to slow down 10 Continued from page 1-A Friday's broadcast. "We want people to come out and join our crew mem- bers who will be at Beaver Dam Cafd Thursday," said Linda Gero , station man- ager for WKYU-PBS. The series will feature hosts Barbara Deeb of the WKYU-PBS programs "MainStreet and Outlook," as well as Peter Bryant, sta- tion manager of the WKYU- NPR radio station and host of "Music in the Morning on the station. The two will be driv- ing around Western Kentucky in a 1957 Ford Thunderbird convertible, visiting a variety Continued from page 1-_A i At the end of January, Thelma Givens, a Cromwell resident, began circulating a petition to allow a countywide wet-dry election. It will require 2,515 reg- istered voter signatures, which amounts to 25 percent of the number of the people who voted in the 2004 No- vember general election, ac- cording to County Clerk Les Johnson. Johnson said a local option cannot be held along with a primary or general election to save taxpayer money. Because there are 25 pre- cincts, each requiring four polling officials and three voting machines, John n told the Fiscal Court the would almost be 10 times more than Januarfs local op- tion. Givens claims she is work- ing with "others" to the petition but is not part of any organized group or com- mittee. The Fiscal Court's public notice will be published in next week's edition of the T nes-News. the renovation of Beaver Dam Elementary. "We'll have people tell us to use the money that we're going to build Horse Branch with to pay teachers," Decker said. "We can't do it because it's two separate pots of money that can't cross over. You can't use re- stricted money to pay sala- ries. We can't even start building anything until we have a state budget because of the bonds we have to have." Decker added that if a state budget is passed the school district may receive some extra funding that will be put toward the deficit. "Mrs. Ralph and the school board already have a game plan lbut it won't be enough to bring 17 teachers back," he said. Two years ago the school system was faced with a $1.2 million deficit and cutting 13 teaching positions but the school board managed to keep those teachers. Ralph said a federal grant allowed them to pay their special education but that money ran out within a year. "It's a hit for us but we had to do it to meet the bud- get, Ralph said. "We're still going to provide all the sup- port we can to keep our schools successful." Located in the Leader-News/ WNES Office Building on Everty Brothers Blvd., Central City, Phone: 270-754-3000 1-800-842-3453 Fax: 270-754-9484 s first years ago with the onset of diabetes affecting Kenny James' health. Kenny James said his ability to walk or stand has been cut short due to the se- vere pain in his feet. "It was tough having to retire early," Kenny James said. "But with every step I take, it's like my feet just get tighter and tighter." To be with her husband during his retirement, Mary James, a hairdresser for 33 years, opened her own beauty salon inside her home four years ago. Since opening her shop, Mary James said she has held prayer services and "witnessed" to people during hair appointments. "It's not anything for us to drop and pray," Mary James said. Despite Kenny James' battle with diabetes, the Jameses haven't given up their music, performing locally % and surrounding counties. Kenny James traded in his lead guitar for a Yamaha key- board and Mary James put down her bass guitar for just a microphone. The keyboard makes up for the lack of a band by produc- ing beats that contain drums, a banjo, and a steel guitar if needed. "I tell people that rm a hill- billy playing 100 Japanese in- struments," Kenny James joked. The Jameses recently com- pleted their first gospel 10- track music CD, entitled "Goin' Home Time." KennyJames said the CD is not about making money to him. "We had the inspiration to write the songs like we had to preach, Kenny James said.' "It's all about magnifying God." The CDs can be purchased at Mary's beauty shop or by calling 29 7728. of local restaurants. Beaver Dam Car4, located in downtown Beaver Dam at 107 N. Main Street, was built in 1921 and opened in 1924. Although it has changed hands throughout the years, it has remained open since that time. Current owner Margaret Belford began working at the restaurant at age 14 in 1952 and has been a part of the Bea- ver Dam Caf4 ever since. "The customers are really excited because they inter- viewed a lot of them when they were here," Belford said. "I am the only restaurant they chose from Ohio County." The local restaurant will be among a handful of re- gional restaurants chosen for the program, including eater- ies such as Judy's Castle in Bowling Green, Bolton's Landing in Glasgow and DiFabio's Casapela in MadisonviUe. The 90-minute special will be part of WKYU-PBS' pledge drive. The program will repeat at 9:30 p.m. Friday, 8 p.m. Sat- urday, 9:30 p.m. on March 9 and 5 p.m. on March 20. Farm Credit Services Call Linda Bryant LINDA BRYANT Over 20 years of and =dge in finance and rural properties. If you want good rates, good pro- grams to meet your needs and good service, call me. I #t[ tCAS$ REFINANCE-CONSTRUCTION PURCHASE-EQUITY LINE 1I[ LOT OR ACREAGE REAL ESTATE-OPERATING EQUIPMENT -LIVF, S'TOCK BUILDINGS (YrHER PURPOSES CALL AND ASK FOR LINDA BRYANT 270-- '62Sl EXT. 229 or 1-800-844-1148 'i ' Dustin Bratcher/Ttrnes-News Judge-Executive Wayne Hunsaker shakes hands with U.S. Congressman Ed after speaking to a group of senior citizens last Wednesday. Whitfield the present and future of Social Security during his visit to the Ohio County Center. Trust meant to last' Continued from page 1-A That scholarship program the school system that will continued until 1998 when eventually result in a $5 mil- Wells gave another $602,000 to lion scholarship nest egg. the school system which cre- Glen Wells started a second ated the Glen Wells Charitable charitable trust with a dona- Remainder Trust. At the same tionof $1.7 mlnlon and John time, his wife, Frieda, gave Wells created his own trust $616,513, thus creating the with a gift of $717,000. Frieda Wells Charitable Re- "Thisis a great thing for the mainder Trust. Ohio County school system," However, according to said Brian Decker, the Hagan, the interest from the system's finance officer."What Glen Wells Remainder Trust it means is that the trust will was earmarked for Wells him- last forever." self, and the interest earned by Like the trusts established the F eda Wells Charitable in1998, Glen Wells will get the vent* back to F eda fthe Wells until her death in 2003 on the $1.7 million until his when it started going to John death. John Wells, likewise, Wells, the only child of Glen will get the interest earned on and Frieda Wells. his trust until his death. Hagan said an amendment When there are no more in 1998 to the 1995 trust al- Wells' survivors, Hagan said, lows students receiving Wells the school system will have scholarship assistance to go to access to all of the interest any college or vocational school from the various trusts. in Kentucky. "At this time the only Last Friday, Glen and John money being used for schol- Wells made additional gifts to arships :is the interest being generated by the $990,000 donation he said. But unlike the original trust amendments made in Hagan said an made in 2005 but not ing implemented, for any college or the country and to tional school. schools also will Wells said the chJ from one-year to four-year with the exception of~ arships granted Frieda Wells trust made because some did not have the moneyc sistance to continue higher educations. The Frieda Wells year trust were not while she was alive. In a previous column we briefly men- tioned diversifi- cation as one of the great ben- efits of mutual funds. With the other being pro- fessional man- agement, we will talk more about each of those here. Diversifica- tion works on the principle that different asset categories follow different cycles. When one is up, an- other may be down. This is a great strategy to smooth out market fluctuations and re- duce risk...risk of having all By Brad Travia, financial advisor earning 5 percent, another : earning 10 percent, and the last $10,000 earning 15 percent, the result would be $267,473 after the same 20 year period. And mutual funds is the sional management. has been written managers recently due t scandals. However, fession, such as finding rotten ministers that was with one for the most part, of the $10,000 los- pretty good folks. ing everything and , is tru$ for another returning look at their record of 1 0 percent. Such is mance among many the magj'c of corn- sues before are pound interest in a But it's their diversified portfo- profeasion that mak lio. investments a great way The oth great benefit of vest. ofyourinvestment in one seg- Did you know that IRAs are one of the ment or category of the mar- investments that can bddouble-taxed? ket. For example, a portfolio that leaving your IRA to your estate with a mix of growth funds, value funds, international funds, aggressive funds, etc. normally provides a higher long-term return with less market risk than one fully invested in any of these single categories. As an exampls, suppose you used $50,000 as a single investment in one category type which earned 5 percent compounded annually for 20 years. Your total return would be $132,665. However, by using a diversified pertfo- lio and splitting the $50,000 with $10,000 in five different fund categoric, the return is likely to be significantly greater. wr]th one of those $10,000 actually going to $0, another fund earning 0 percent, one your family years of tax savings? Don't caught in either of these IRS Tax TrapS! FRF BOOKLET "Avoid IRA Distribu- Uoa M aJr " h, r-rid1- able to Ind/vMuals who maintaln an IRA. Call 1-866-306-6575 and get your free copy of this booklet to help cut taxes and protect your IRA value. Call 1-866-306-6575, 24 hrs for FREE Booklet A Service of Brad Travis In Leitchfleld, KY