25 years — 1988
▶ Now that the smoke has cleared from the Saranac — Dannemora annexation issue, Dannemora residents have emerged with a proposed tax rate that is half of what they would have paid had annexation not gone through. Saranac School Board members adopted a new tentative budget for the newly formed school district that cut the rate Saranac residents rate by $2.07and that Dannemora residents old tax rate by $12.89.
• Six years after bankruptcy shell-shocked the influential Lake Placid Club Resort, the future of the property went into the hands of the Daedalus Development Corporation of Toronto, which is backed by British distillers Guinness PLC. They closed on a $12 million purchase of the club from the Federal Savings and Loan Insurance Corporation, and are now owners of the 1,100 acre resort.
▶ The state is looking for ways to crack down on the tax — free sale of cigarettes and motor fuels on the nine Indian reservations in New York, including the reservation in Hogansburg. The state Department of Taxation and Finance has proposed regulations that would limit the amount of tax-free goods distributors could deliver to the reservations which, because they’re sovereign nations, are not subject to state tax laws.
▶ Lake Champlain, the newest Aegis cruiser in the Navy fleet, has completed Navy acceptance trials and will be commissioned in New York City on August 12. A commissioning is the official occasion when a ship joins the operational Navy fleet and gains the “USS” designator.
50 years — 1963
▶ Some 90,000 heat — weary Canadians headed south into Clinton County this weekend, most of them looking for chance to swim in the lake. Border officials at Champlain, the county’s largest port of entry, projected a head count of three times the normal weekend traffic.
▶ The actions of a mother, her neighbor and two members of the Morrisonville Fire Company saved the life of a 15 – month – old boy. Little Gary Seymour, son of Mr. and Mrs. Harold Seymour, had been rushed to his mother by an older brother after he swallowed an excessive amount of water after the child apparently was accidentally dunked in a washtub filled with water by some older children.