Argus Leader, Sioux Falls, -Sunday, June 29, 1986 4EBusinessfarm Business News I i ft TL Paul Schnaible H.O. Kittelson banking officers at the main branch in Sioux Falls. Debra M. Rausch has been elected personal banking officer at the Sioux Falls majn officesunset. Mary Lais has been promoted to customer service representative for Canfield Business Interiors, Sioux Falls.
She will be responsible for supply sales and service and has been with the company for two years in an accounting position. Julie Rue has joined Merrill Associates, a firm involved with consulting, installation, education and support of microcomputers. She will be teaching classes on introduction to computers, word processing and lotus 123 along with on-site training for various computer software applications. Work well done Mylo A. Hellickson, professor and head of agricultural engineering at South Dakota State University, Brookings, has received the 1986 metal building manufacturers association award from the American Society of Agricultural Engineers.
The award is presented for the distinguished work in advancing the knowl- and Robert Pottratz has been promoted to programmer analyst II, systems development. Charles M. Thompson, Pierre lawyer and rancher, was elected president of The State Bar of South Dakota at the lawyers' meeting in Sioux Falls. He was graduated from Colorado State University in 1965, the University of South Dakota Law School in 1969, and has been a member or partner in the Pierre law firm of May, Adam, Gerdes and Thompson. Elaine White, a native of White, has been named director of sales for Holiday Inn City Centre Hotel, Sioux Falls.
She joined the Sioux Falls Holiday Inns in April 1971, with responsibility for various departments within the hotels. First Bank of South Dakota has the following announcements: Tony Bour, who is executive vice president of Starmark and Garry Jacobson who is president of Malloy Electric Bearing Supply, both of Sioux Falls, have been elected to the Sioux Falls Community Board of First Bank of South Dakota. Sharon Gibson, and Rene Greenfield have been elected personal New on the job Norwest Bank South Dakota, N.A., has the following announcements: I I J. David Dancler has been named manager of the Westwood Branch in Sioux Falls. He joined Norwest in 1980 and in 1985 was named personal banking officer at the Marion Road branch.
0 Larry Jones, ag banking officer, has transferred to Huron from Chamberlain. He joined Norwest in Chamberlain in 1984 as a ag banking officer and is a native of Gettysburg. Rita Enger, executive and media relations manager for Northwestern Bell in South Dakota since 1984, has been named director-financial planning and services of the company in Omaha, Neb. She began her career with Northwestern Bell in 1972 and has had several management assignments in Sioux Falls. iJ Citibank, South Dakota, N.A., has the following announcements: Tom Hanlon has been promoted to unit manager, credit management; Paul Schnaible has been promoted to unit manager, security services; John Gamlin has been promoted to programmer, systems development; Ed McGuire will be retiring July 1 from Sioux Sound Company after 17 years of employment and support.
He sold sound and telephone systems for the company and is a native of Sioux Falls. Under new ownership Malloy Electric Motor Service, Sioux Falls, has opened a complete service center in Sioux City, Iowa. farm buildings. Mike Murphy, director of admissions at Nettleton College, Sioux Falls, has been named the 1986 business associate of the year by Soko- J. David ta Chapter of the Dancler American Business Women's Asso- ciation.
He was graduated from Wayne State Teachers College with a BSE degree in 1962 and earned a masters degree in guidance and counseling from Omaha University in 1968. David G. McChesney, financial services specialist for The Travelers Insurance has earned the chartered life underwriter diploma and professional designation from The American College, Bryn Maur, Pa. He completed a ten-course program of study and examinations. The following people have completed the certificate in management program sponsored by the.
Center for Management and the American Management Extension Institute; Krista Christianson and Debra Cronn. income tax because of large offsetting deductions or credits. Of 1982 returns, the Internal Revenue Service found 262 filers with adjusted gross incomes of more than $200,000 and no tax due. By 1983, the latest year for which statistics are available, the club had swelled to 447 slightly more than one-fifth of 1 percent of all taxpayers with more than $200,000 in adjusted gross income. What caused the membership bulge at Club Zero? IRS analysts credit the 1983 introduction of the alternative minimum tax, which is meant to catch wealthy taxpayers who take too many deductions.
edge and science of I ii ii I Tom Hanlon On the road Glenda Schmid, design director for Canfield Business Interiors, attended a three-day contract furniture show, NEACON, at the Chicago Merchandise Mart. Retirements Dr. H. O. Kittelson will retire after 40 years of work in the field of medicine from Family Practice Physicians in Sioux Falls.
He originally joined his father in practice in 1948, two decades after Dr. John Kittelson founded the clinic now known as Family Practice Physicians. Business calendar The following is a list of events of interest in the business community: Monday Going Into Business Seminar, 1:30 p.m., Sioux Falls Chamber of Commerce, 127 E. 10th free to the public, co-sponsored by the Chamber of Commerce, Small Business Administration and the Small Business Development Center. Wednesday Ribbon-cutting, 11 a.m., Bits-O-Zip Pet Food Pickup, 305 E.
Sixth St. July 13 Ribbon-cutting, 2:30 p.m., McKennan In-Patient Hospice, third floor, McKennan Hospital. Rita Enger 'Fix-up' costs can subtracted from price REMODEL FOR OFFICES Historic church for sale on well-traveled street in downtown Sioux Falls. Eligible tor National Historic Register and all the benefits for investors who restore it. First wood frame church built in Sioux Falls in 1884 by Free Methodists.
Available ground over 15,000 sq. ft. for parking or building. Heavy traffic area. NO NEED TO REMODEL THIS Very affordabledeluxe offices designed like a duplex home.
Occupy one and rent the other. Separate restrooms and GARAGES, too! Yard fenced and hard surfaced with additional new buildings for vehicle storage or shops. An investor dream. CONTRACTORS ATTENTION Fenced in, hard surfaced yard. Three stall shop for vehicle repairs.
Floor drain and grease trap, offices, underground fuel tanks and pumps. Don't miss this one! Priced right. Phone 361-7700 Nights 338-3603, Bob Shakstad or 338-1354, Chuck Gustafson Not a Hindrance PREMIER CROSSWORD By Jo Paquin By Gannett News Service If you're about to sell your home, you can trim your capital gains tax by revamping your property. "Fix-up" costs can be subtracted from the home's selling price if improvements are made within 90 days of the sale and paid within 30 days ol the sale. Remember to hold ontc dated receipts.
And if you're 55 or older, you can take a $125,000 tax-free profit on the sale of your home as long as you've used the home as your principal residence for three of the five years before the sale. In recent years, several savings Bankruptcies The following is a list of bankruptcies for May 1986. Douglas J. and Julie G. Bowen, Colman, Chapter 7.
Gary D. and Deborah J. Bowen, Colman, Chapter 7. John A. Wieser, Rapid City, Chapter 7.
Donald J. and Sue A. Olinger, Mitchell, Chapter 7. Darwin W. Kurtenbach, Dimock, Chapter 7.
Walter B. and Marie A. Story, Artesian, Chapter 7. Richard A. and Yvonne J.
Booms-ma, Huron, Chapter 11. Nancy A. Ellis, Chamberlain, Chapter 7. Monte D. and Charlene L.
Schell, reaching a low point this spring 9.5 percent and one discount point for government-backed mortgages. A point equals 1 percent of the loan amount. But this month, points rose to a high as 7 percent and rates on conventional mortgages averaged 10.5 percent. Homeowners who are re-financing a mortgage can delay the closing and hope rates and points drop again. Or they can try to negotiate with the lender for a reduction.
One of the nation's most exclusive clubs almost doubled its membership in 1983. Call it Club Zero: high-income taxpayers who legitimately pay no Emil L. and Wanda Misar, Brookings, Chapter 11. Madera Pacific Rapid City, Chapter 11. Gregory Jon Presheim, Parker, Chapter 7.
Amy E. Vincent, Sioux Falls, Chapter 7. Flanery Meats Huron, Chapter 11. Nancy A. Bishop, Sioux Falls, Chapter 7.
Dakota Beef Industries Huron, Chapter 11. Mark S. and Cheryl J. Howe, Sioux Falls, Chapter 7. Daniel W.
and Deborah J. Carlson, Brookings, Chapter 11. Money matters and loan associations have converted from mutual ownership to stock ownership. By law. depositors must be offered the shares first.
Many of the stocks have been among Wall Street's best performers in the last year. A mutual Si officially is owned by all depositors, but they often have no say in management. Stock are owned by shareholders and they determine its course. Mortage discount points and interest rates had steadily dropped until Chapter 11. Jerome E.
and Lucille P. Koenig, Fairfax, Chapter 7. Jesse L. and Ruth A. Villafranca, Rosebud, Chapter 13.
John A. and Kathlyn C. Stopple, Aberdeen, Chapter 7. John W. and Kimberly S.
Hine, Sioux Falls, Chapter 7. Laurie J. Lund, Rapid City, Chapter 7. Fred L. and Joyce Sorenson, Wil-mot, Chapter 11.
Louis J. and Rhonda A. Parrin, Sioux Falls, Chapter 7. Paul D. Katzer, Montrose, Chapter; 7.
Robert L. and Bertha Preheim, Marion, Chapter 13. 55 Actress Michigan 126 Strong urges 41 Irish county tector Leslie 86 Put the audi- 127 Demi's fol- 42 Candy ingre- 81 Hunger for 56 Zoo enclo- ence to sleep lower dient 84 European sures 87 Pagan god DOWN 44 Card wool industrial 58 Andrews or 88 "Sometimes 1 Scour 45 Samoan sea- basin Wynter a Notion" 2 Claw port 86 Aridly 59 "Bei Bist 90 Go to for 3 "Cry Me 46 Hasty 87 Road that Du Schoen" (defend) a obstruction led to 60 Scottish 91 Collects 4-ChemicaI 47 Filaments Rome? child 92 Condition suffix 49 Chess pieces 89 Boxer's 61 Sci-fi movie 93 Constellation 5 Like film- 51 Voracious handler creatures, 95 French car- dom's "fal- fish 91 Biblical often riages con" 52 Arthurian place 63 Equip 97 Her mate is 6 Sphere lady 92 Eve's temp- 64 Practice of ruff 7 Kind of 53 Tatters ter inciting law- 98 Artificial horse 55 Language of 94 Turkish suits dam 8 Schedule Valencia officer 66Hamelin's 102 Ward off abbr. 56 Assayer's 96 Disinclined visitor 103 Obstruction: 9 Levantine cup 97 Aries 67 Medals and obs. fabric 57 Played the 98 A large trophies 107 Boxer, Lee 10 Sewed lead pill 69 Jots loosely 60 Philippine 99 Catkin 70 Weather- 108 Poetic foot 11 Table scrap children 100 Belgian co*cks 110 "All About 12 Maple genus 61 Short skirts marble 71 Gray or 13 Pulsate 62 Weapon 101 Live coal white min- 111 Ram down 14 Bullfighters 65 King, in 103 Luxuriates eral 112 Obstacle 15 Yellow France in 72 Word with 1 13 Erstwhile bugle 66 Peels warmth workorser- Redhead? 16 "When We 68 Miscellany 104 Incites vice 115 Steep bluffs Were Very 70 Division of 105 Walking 74 Danger 118Turgenev Young" the Roman sticks 75 Military heroine author Empire 1 06 Obliterate housing 120Miltieor 17 Actor Ryan 71 Biblical 109 Island east 78 Greek moun- Fester 18 Takes a weeds of Java tain 121 Yale grads breather 72 Warble 111 Mountain 79 An ancient 122 Lie in wait 25 Antiseptic 73 Fragrance lake people 123 Student jot- 29 One time 74 Rice dish 114 French 81 Was con- tings 32 Youth org.
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