A 1 2 CASTLEGAR NEWS, Thursday, May 3, 1979 When people buy lottery tickets, there's -a good y.chance one question is strunning — through __ their ‘minds: “What WOULD I *: do with $1 million?” : > Lote Canada wants win- iiners to consider another .. important question: ‘What ‘,SHOULD I do with $1 : million?” , : In addition to a free coun- “selling session with expert financial and legal ad- visors, Loto Canada is now giving a special brochure to its major prize winners, Wise Planning for Loto Canada Winners. The bro- chure outlines basic finan- cial information useful to new millionaires, or to any-" one who likes to dream in detail about what to do with a lot of money. In fact, much of the information in is Loto Canada booklet invaluable to anyone con- cerned about managing his whatever the Here are some pointers vered in the brochure: @ Giving Gifts -- Almost every big Loto Canada winner wants to give money relatives, friends or char- ities. But, the winner’s tax free prize money may be taxed when transferred to someone else, is For example, when giving a property or cash gift which earns income to anyone under 18 years of ::7 age, the income is included : in the giver’s income and taxed. Instead, give the child a non-interest de- mand loan, rather than , making it a gift. This way, the child, who is in-a lower tax bracket than the winner, will pay the taxes, Before making gifts, consult with legal and financia! advisors who are fami with the changing rovincial and federal tax jaws. @ Investments and Fin- ancial Planning -- There is a lot of money-wise wisdom in the old saying ‘Don’t put all your eggs in one ibasket"’, Vary investments: each type of investment offers different advantages. Liquid assets, or assets which can be quickly con- verted into cash, are im- portant. A Canada Savings Bond is an example of a liquid asset, because it can be cashed any time. Real estate, however, it not nor- mally a highly liquid asset because it may take some time to find a buyer. In case of emergency, liquid assets provide a quick source of money, so one can avoid unnecessary losses from the forced sale of other assets below market value, Stable income invest- ments, or investments which give a steady in- come, should also be in a financial program. An ex- ample of this is putting the money in a bank and drawing a set interest. . Won in the Lottery Recently? An alternative is capital growth investments, or investments which get back more than you put in, Over the past number of years, - real estate has proven to be ‘a good capital growth in-, vestment. There is more of a risk with capital growth investments, but a wise in- vestment will return an in- come which more than com- pensates for inflation. A sound financial pro- gram will include the var- iety of. investments’ best suited to the ’ investor's needs. Expert financial ad- visors will develop the most appropriate program, @ Income Tax -- All kinds of investment income are subject to tax, but taxes vary according to the nature and source of invest- ment. For example, if one receives a dividend from a Canadian Corporation, an amount representing some of the income tax already paid by the Corporation can be deducted from the in- vestor'’s income tax. One * pays less tax on a dividend invest, it is important to “people in the family. As than would be paid on money earned from an interest paying investment. Before deciding where to compare the amount of in- come each investment will produce after taxes. Another important con- sideration for income tax purposes is income split- ting. If there is only one member in the family in- vesting money, more in- come tax will be paid than if the same amount of money was invested by several explained before, one can make non-interest demand loans to members of the family, who can then invest the money. These are just a few of the ‘various facts Loto Canada's new brochure | outlines for winners. And you, of course, can pick up your copy of the Loto Canada booklet when you pick up your $1 million cheque. e Ends Wife's 38. Year-Old Secret :..-When Mary Scalzo found the treasured wedding ring she'd lost in 1940, she also - revealed a 88-year-old secret to her husband—that the ring was missing. ‘sy 2-“] didn't have the heart to tell him I'd lost it,” Mrs. Scalzo said. *-'“Pve carried that secret with me all these years and it has haunted me. I've always hoped that someday I would get the ring back, but I can hardly believe this has actually hap- pened,” The discovery of the long- lost, 18-karat gold ring—with Seven small diamonds inset— “came on the eve of the Scalzos’ 45th wedding anniversary. And Mary's husband, Al- bert, was perhaps more sur- prised than his shocked wife. He said: “When Mary told me she had the ring back, I was stunned. She had never told me she lost in.” And he hadn't noticed it missing because she wore three other rings on her wedding ring finger. 1 “I think she was so over-' joyed she simply forgot about her secret. I was a little angry at first, but now we're both laughing about the whole thing,” he said. | The amazing story of Mary's lost wedding ring began in1940 when it dropped out of her apron pocket while she was gardening at her previous home in Peekskill, New York. Although she searched frantically for it, it was no- where to be found. But Mary refused to forget about it. When she and her husband moved to their present home in nearby Yorktown, Mrs. Scalzo asked her next-door neighbor . to tell any new residents of her old home about the ring. Four families have lived there since the Scalzos moved in 1961, but Mrs. Scalzo never - gave up hope somebody might stumble across the ring. And that’s just how it happened. The current resident of the Scalzos’ old home, Robert Reed, found it just the way Mrs. Scalzo had lost it—garden- ing. “I was just finishing up and moving to put my gardening tools away when I felt some- thing under my foot,” Reed, a computer worker, said. > “It was the ring. We had been told about Mrs. Scalzo losing it and always kept a lookout for it. We were in- trigued by the story of it, and I think we must have been as excited about finding it as Mrs. Scalzo was.” * It was Reed's wife, Pat, who called Mrs, Scalzo with the good news, But Mrs. Scalzo thought the call was a joke. “I thought it must have been a nuisance call at first,” she said. “But Mrs. Reed read me the inscription and I went into near shock. I even cried with joy.” ANNUAL KIWANIS Saturday, May 12th 12 Noon to ??. Beside P&G Builders Supply 932 Columbia Ave. Castlegar * Several Hundred Useful Second-Hand Articles tn Good Condition as well as Many Brand-New Articles Generously Donated by Area Businessmen Preview Saturday morning, May 12 at 11 a.m, The inscription on the ring reads: 'A.S, to M.B.—8-26-33." Amazingly, after 38 years buried in dirt, the ring was in ", pefect condition, The Sealzos believe the wedding band lodged itself beneath a dividing wall in their old garden and worked its way back to the surface after a lot of digging. “The ring is very special to both of us,” Scalzo said, “It was bought in the Depression era: when times were very difficult. “I worked as an’ auto mechanic back then, and I remember putting away $3 a week so I could buy. it. “It cost about $50 then, which I think would make it worth about $200 today.” Mr. and Mrs. Scalzo, who are both retired, are now Keep- ing the ring in a special case. “T can't fit it on my finger anymore,” Mrs. Scalzo admit- ted. z Kiwonis Hot Dogs, Pop, Coffee & Hamburgers served. PHONE NOW FOR PICKUP OF DONATED ITEMS! 365-5571 or 365-3302 _ Alexandra Bridge ‘Link with History — y By MURPHY SHEWCHUK How many times have you crossed the graceful, curving span of the Alexandra Bridge in the Frasor Canyon? Ever wondered about the history behind the old bridge a few hundred metres upstream? Well, wonder no more! Some interesting tidbits of the history of this structure, located halfway between Yale and Boston Bar, are enough to tempt you to stop and walk down to view this '. early 1920s, decided to rebuild the road and the bridge. . The design and construc. tion of the second Alexandra Bridge became the responsibl- lity of A.'L. Carruthers, bridge engineer for tlie . provincial department public works, Design work “began ,in early 1925 and the bridge was - completed and load-tested by’ August. 1926, Despite the canyon high- way's inadequacy for the rapid- i i the monument to our pioneers. — Actually, although it may _ not be readily visible, two bridges were built at the present old-bridge site. All three, including the structure currently in use, bore the name Alexandra. “The first bridge was built by Joseph W. Trutch as part of * the contracts he held for the Cariboo Wagon Road. . | Trutch received his con- tract early in- 1863 and, not being one to waste time, hired San Francisca engineer A. S. Halledie and set to work. By September of that year, the bridge had been designed, con- structed, load-tested and open- ed to traffic. ‘Trutch's bridge (officially named in honor of the’ Princess Alexandra, Princess of Wales) spanned 82 metres, bridging the entire width of the Fraser River’ at its ‘narrowest point below Hell's Gate. Despite the short ‘con- struction timetablé, it was no makeshift job. The bridge stood up to the traffic of thousands of gold- , Seekers, ‘mules, horses, cattle, and even a few camels before the completion of the Canadian Pacifie Railway. in 1885 made the canyon road impassable. Though no longer main- tained, the first bridge con- tinued to carry local traffic until the’ 1894 great flood. . The closure of the canyon road and‘ the bridge's’ final demise heightened interior de- pendence on the railway. After considerable public “pressure—probably brought on by CPR freight rates—the provincial government, in the bridge remained in service until the early 1960s., ; The third and present.- Alexandra Bridge took much longer to build than either of its predecessors—strikes and steel shortages having been invented by this-time.. t It is also a much larger bridge, boasting a 245-metre span compared to 84 metres for Carruthers’ bridge. With the completion of the present crossing in 1968, Car- ruthers’ structure, like Trutch's before it, became obsolete. However, thanks to the presentations of a few inter- ested individuals, the old bridge was not: demolished. Through the efforts of the historic sites division, parks ‘branch, ,recreation and con- servation department, . the bridge was designated an his-, toric site in 1974. A provincial picnic site on the highway's west side, just upstream from the new bridge, makes an ideal stopping place to break the monotony of a long trip, sche A short walk down the old highway leads to Carruthers‘ bridge and a glimpse of the past. If you" are particularly observant, you may see the remains of Trutch’s bridge and the old Cariboo road. You may even catch a glimpse of.an old fur brigade trail that once linked the interior to the coast via Ander- son Creek and the Nicola Valley. e (This Roam at Home story is part of a_ series : provided by Tourism British Columbia.) e CITY OF CASTLEGAR‘ NOTICE OF PUBLIC HEARING be Notice is hereby given that a Public Hearing will held on Tuesday. ‘May 15, 1979, at 7:00 p.m. {a ihe Community Complex, 439 - 6th Avenue, S., Castlegar, “B.C,, to receive representations from all persons who : representations deem it n their interest to moke preser to the . City of Castlegar Zoning Bylaw No. 160, 1977. and amending bylaws, "Hem No. 1 — Bylaw No. 234 - The Intent of Bylaw No. 234 is to rezone, from "RI Single-Family Residential to “R3” Mulil-Fomily Residential, that portion of property outlined in blac! on the map that follows: i (200-3rd Street, South) . Rezoning of the property described would allow devel for di i lti-family use. proposal has been received for the construction of two apartment ‘blocks containing a total of 34 dwelling units, Copies of the aforementioned Bylaw and further par- ticulars thereto may be inspected at the Clerk's Of- fice, 460 Columbia Avenue, Castlegar, 8.C., during the hours of 9:00 a.m. to 4:30 p.m., Monday through Friday, excluding holidays, 8. Baldigara, City Clerk art ithe proposal which. drew. . was Dorn, section Thursday, May 3, 1979 © ~' trial to !ince char, -—Syringa Road Crash Inquiry Date Unnamed No date bas yet boon set for the inquiry to be held as the result of the April 22 accident in which two persons were killed and two injured. ‘The incident cecurred when a Honda Civic failed to negotiate a curve — about one kilometre east of the Syringa Creek Park entrance — on Syringa Creek Road early, Sunday evening and plunged from both down a.80-metro embankment into the Arrow Lakes. The same spot has been {the scene of four accidents, dneluding one last. summer when a) RCMP. patrol ‘car plunged into the water. Neither the constable driving nor the accom auxiliary mem- ber were seriously hurt. B “. On April 7, a car with one occupant was totalled when it failed ‘to negotiate the same curve.''The vehicle rolled and ‘stopped against a large boulder near the.lake edge. 5 A week. earlier, : still a © further vehicle reportedly went ‘out of control qn the same curve and ‘did not: go over the bank _ but went! into’ the: diteh and - rocks on the opposite side of the: road. No serious injuries were reported from the incident, : -), A constable at the scene'of the April 22 accident told the _ Castlegar News there were no visible signs of drinking in the ar. i “Blood tests’ have’ been taken,” he said. “But the results -of these wil] not be known for at ° least three weeks from the time they aré submitted.” ; Ho algo’ stated the four Occupants were not wearing ‘safety belts, Indications are, he ‘sald, that the two fatalities died Killed : were | Susan . Jil Wearmouth, 18, ‘of Castlegar. and driver, Leonard A. Mar- bach, 19, of Trail. : Another Castlegar girl, /1?-year-old Janice Conroy was, ‘taken to hospital but was later, released while: 18-year-old Lorne -L, Bisaro of Trail was still in hospital. - : Bid for Rezoning to Return -In a Different Form May 15is the date set fora :Btreet 200. block apartment ‘peuple rejected by city coun- winMarch, °- In a split vote last week decided to schedule the’~ discussion.‘ on’ the ° planning . “committee because. we ‘were q ig — at property owner Jim Lamont's expense — on the application for rezoning from : “pingle-family residential ‘toa. different category of multi: -family residential use than in “area “Planning committee chair- man Ald. “Albert Calderbank, who recommended sending the application to public hearing, in said the building proposed for the 4.2-acre site was ofa similar nature to the up-to-80-unit development-proposed by the owner in the previous rezoning bid, but told council the re- zoning bid had been modified from “RA” to “R8” use, Calderbank said city by- laws prevented Lamont from reapplying. with the same re- ‘ zoning proposal for one year, but the new application “com- : plies with R38 in every detail.” - The cammittee “did quite a ‘bit of heart-searching” before recommending Lamont’s appli- -eation go to public hearing, he said. B “Its basically just. one {apartment building) instead of two,” the planning’ chairman told ‘council. “But he said he's modified his application and he feels he :;wants the further opportunity ‘to sell it ‘to the residents. It caused’! us;-quite a” bit ‘of: mittee for recommendations . before voting. on’. the ‘public hearing, but he failed to get his _ | motion seconded. i Ald. Gerald Rust, speakin; -\in favor of sending the appli- cation to public hearing, agreed with Godderis that the advisory : planning commission should be ‘well aware of the but the ‘general. feeling, but we felt he : “was entitled to fair treatment + the’ same aa'the residents.” : ” Calderbank said ‘he hoped ‘abtendancd:of: Mayon Awd the. members, at, the: vote.on the new rezoning application “will \ decide it once and for all" (The! previous - application was rejected without discussion’ March. in. the’ absence of ;Moore’‘and Ald. Jim Gouk after acting mayor Ald. Len Embree, breaking a tied vote, joined ‘Ald... Bud ‘Godderis and “Ald. Heather Hallett in opposing the proposal.) Speaking against the mo- tion, Godderis said he felt the matter'had been ‘adequately dealt with” in, last. month's: public hearings even though “a slight technicality” enabled the property owner to apply again.. “ “E-think we've had ‘ade- quate input beth from the developer and from the public,” he . Citing the controversy on . the issue, he moved . council refer: the application, to. the city’s: advisory - planning com- Kinnaird Branch Told To Find New Home Kinnaird branch of the Castlegar Library. is to move. Ward told the Castlegar News last | week the “ibiary,” pre- ‘ently housed in the ‘Castlegar AR, ; Savings Credit Union, must vacate by:-September to allow expansion of the credit union. - ‘At’ present, the board is negotiating a move into the old Kinnaird town office, presently the home of Interiors Beautiful. al Credit cone” be Kolbobo. Wood “yey Méore "and all ‘counell, ma residents at two. public’ hear-. accommodate | .78 < ‘apartmen| units rather than'82,: 2° ST think what ‘council is doing “by . granting another - public hearing is not only. are- they being unfair to the people in the Woodland Park area but they're being. unfair-to. the developer if they're going to vote against the rezoning,” he , said. oh “But. if there's some poli- tical maneuvering. going on. ° here then all council's going to do by going to another: public hearing is simply allowing the developer to circumvent the intent of the bylaw,” he said, referring to the restriction on rezoning zeapplications. “We would: have. developers apply- ing and if they didn't get their way they would simply reapply and reapply.” é “ Calderbank, Rust, Hallett and Gouk supported the motion while Embree and -Godderis cast opposing votes, —~ Council also directed city staff to notify all residents living within 400 feet of the proposed apartment building site of the.date of the public * hearing, rather than within the 200-foot radius used in the March public hearing. before the call for a May 10 election '— tatks constituents ‘Davide off and Vicki Schroeder was Accompanying ‘campoign worker Ken Watson (centre left). “News /IMlrrorFoto by Lois Orthodox «Judge LB, Josephson last Thuraday committed Orthodox. Doukhobor : ‘leader’ John \ J,’ - Verigin ‘and.two other mento { ges of ‘con: spiracy:to commit araon, No trial date has been'set. The ‘decision. was made known at 11:45 a.m. in Nelaon provincial court, Verigin, spiri- tual leader ‘of the ‘Union .of Spiritualist -Communitiés’ of Christ, will face four counts of , conspiracy to commlt arson, Charged with two counts , of the saine offence is Peter P, Astaforoff, while William Ev. dokimoff stands trial on one count, The. final witnesses had been called last W y in Doukhobor. -" But'Josephson said it was “not for. him to'determine the eredibility of witnesses, That is ‘\ the job‘ofa jury, he pointed out, . "My function here is not to judge's platform,: “only - ‘cide if there is sufficient evi- dence to warrant aitrial.” The judge added he was tempted to comment on the: credibility of the witnesses, but sald it would ‘be fruitless for him to do'so. Verigin and co-defendants Peter P. Asteforoff and Wiliam Evdokimoff appeared calm as the judge read his decision. The leader of Canada’s the hearing to determine the possibility of a trial. Final argu- ments were ‘presented to Jo- sephson last Thursday morning both sides...’ 1 In their presentations for and against committal for trial, prosecutor Brian’ Weddel and Rankin . defence. counsel focused on the credibility of the Sons of: Freedom witnesses. Rankin called on Judge Joseph- son to drop all charges against Verigin. : Ovens Firepla Orthodox Doukh comm nity. is free on his own recog- : nizanee until the trial date, which has not yet been set, but which is ‘not. expected for months, | ~ (ivanieN ; Rising. as the judge com: pleted his presentation, defence counsel ‘Rankin ‘asked : Joseph: aon to Hift previously-Imposed -restrictions on. Verigin's \free- -dom of movement,’ which “Jo: sephson granted. Verigin' is free to leave both B.C. and Canada until his trial. wear “ BERING ENTERPRISE _ Springtacular! . © Save up to °150° on Enterprise Ranges © Save up to *120” on: Enterprise Microwave | © Save up to °150°° on , Enterprise Franklin ces Your. LINK Hardware Store .21 Pine Street, Castlegar RESIDENTIAL/COMMERCIAL COMPLEX, ‘still: pl atithe ‘discussion stoge ‘with ‘city. council's |: planning committee, is: p by ‘Scott p, Developers for’ Columbia Avenue at the foot ‘of Sherbiko Hill. The planned $2.5- to-$3 miliion highrise is 16 stories high ‘ond, would hou: iriments, and shop: for Fashion Action - The Juniorlook ‘In comfortable terry, soft - velours, the latest chenile -and cotton knit blends. 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