 |
 |
|
|
|
Flying Yankee Introduces Seat Raffle!
The Flying Yankee Restoration Group, Inc., is pleased to announce an opportunity to own a
pair of $4,500 seats on the Flying Yankee. They will be yours forever and can be handed down
to future generations. Ownership of the seats also entitles you to four full days of use of the
seats per year. Perhaps you’ve wanted to own your own seats, but couldn’t afford to. Here’s
your chance to purchase tickets and the odds are pretty good with only 750 tickets to be sold.
Own a piece of history forever while helping to restore this historic train.
| $25 each Ticket |
5 Tickets for $100 |
|
|
 The new Commissioner of the New Hampshire Department of Transportation, George N. Campbell, Jr., made a trip to Lincoln recently to tour the Flying Yankee. He also got to see the recently restored truck assemblies. Pictured are (l-r) are Flying Yankee Board Chairman Dick Hamilton, Department of Transportation Commissioner George N. Campbell, Jr., DOT Intern Amadin Osagiete, Jack Ferns of DOT Rail & Transit and Ben Clark of The Hobo Railroad.
Progress continues on Flying Yankee
The restoration of The Flying Yankee continues and the big news is the completion of the restoration work on the trucks. The trucks were inspected by Amtrak last Monday and returned to the Hobo Railroad, home of the Flying Yankee, in two shipments, Tuesday and Wednesday, July 8 and 9.
Crates have been built to protect the trucks while restoration continues on the rest of the train and the trucks were placed into these crates on August 7. At least one of the crates will be open during the September Open Houses and you’ll be able to see them when you come to visit.
An inspection of the GE 721 Traction Motors was recently performed. One of the Traction Motors is complete and ready to go and the other needs only minor work to make it operational. The Traction Motors should provide at least ten years worth of dependable performance.
Panels with “The Flying Yankee” beautifully painted by Pillsbury Sign Company of Hopkinton Massachusetts were recently placed back on the train, on each side of the Observation Car. What a beautiful job done by Pillsbury Sign Company and we thank them for their contribution to the restoration. They are now working on the large panels, restoring them to their original glory with the Boston and Maine and Maine Central Railroad signage that originally graced The Flying Yankee. Thanks again to Don Pillsbury.
Don’t forget, you can still see the Third Annual Flying Yankee Gala Photo Gallery by clicking here.
Final Flying Yankee Open House Set for 2008
If you missed the first three Flying Yankee Open Houses, don’t fret, you have one more chance to attend an Open House and Guided Tour on Saturday, September 27 from 10:00am until 4:00pm (last tour at 3:30) at the Hobo Railroad located on Rt. 112 in Lincoln, NH.
This Open House will take place rain or shine and will feature guided tours of the Flying Yankee’s three cars every 30 minutes starting at 10:00am, with the last tour of the day taking place at 3:30pm. The guided tours will provide an up-close view of the historic Art Deco-era streamliner while it’s in the midst of being completely restored to operating condition. The newly restored trucks will also be available for viewing.
Make a weekend of it. Stay at the beautiful Comfort Inn and Suites, which is within easy walking distance of The Flying Yankee. While you’re here, take in all the wonderful attractions that the area has to offer, including a memorable ride on the Hobo Railroad and or an evening trip on the popular Café Lafayette Dinner Train Now based at the Hobo Railroad in Lincoln, NH where Phase II of the restoration is underway, the Flying Yankee will be the one and only train of this type to ever operate again once the restoration is complete. Once operational, the train will serve as a rolling icon for Education, Economic Development and Tourism for the State of New Hampshire. Restoration of the Flying Yankee started in November 1997 and entered Phase II in August 2005 - it’s now more than 50% complete with a planned completion date of late 2010 – depending on funding. For more information regarding the restoration of the Flying Yankee or the series of four Open House events with guided tours, please call (603) 745-FYRG [3974] or visit the Flying Yankee’s official web site at www.flyingyankee.com.
Two $2,500 Seats Come Available - First Come, First Serve
A pair of $2,500 seats have recently become available as the original purchaser was forced to give them up before the balance due could be paid. The $2,500 seats were long ago sold out, so this one pair, seats 19 and 20 are now back up for sale. These seats will be sold on a first come, first serve basis, so call or email quickly to ensure you get these seats. Don\'t forget that we do accept Master Card and Visa as well as stock transfers (see below).
See the Flying Yankee on Chronicle
The Flying Yankee was featured on Chronicle last year on WCVB, Channel 5, in Boston. You can view this segment, by clicking here.
Donations that Make Dollars and Sense
Stock Transfers
The Flying Yankee Restoration Group is set-up to accept stock transfers for anyone wishing to contribute to the restoration in that manner. Just call the office at 603-745-3974 and we\'ll provide you with all the information you need. Giving long-term appreciated stock offers you a two-fold saving. First, you avoid paying any capital gains tax on the increase in the value of your stock. In addition, you receive a tax deduction for the full fair market value of the stock on the date of the gift. For income tax purposes, the value of such gifts may be deducted up to 30% of adjust gross income, with an additional five-year carry forward. Example: If you purchased stock many years ago for $1,000 and it is now worth $10,000, an outright gift of that stock would result in a charitable deduction of $10,000. In addition, you permanently avoid paying capital gains tax on the $9,000 of appreciation.
Bequests
While you\'re considering your 2008 income tax savings, this may also be a good time to consider long-term tax savings. The federal estate tax can still take approximately 50% of one\'s estate at the time of death. That\'s a higher tax bite than the income tax! It definitely pays to do some advance planning with your attorney and other professional advisors. We hope you will consider a charitable bequest in your will - to benefit us while you save estate tax dollars at the same time. We can also help you by putting you in touch with attorneys and tax specialists if you are considering such a bequest.
IRA Donations
Owners of IRAs who are at least 70 1/2 can donate up to $100,000 a year from their retirement accounts and the firts count toward the owner\'s required minimum distribution (RMD). You get no deduction, but you do get a tax break because the money is not included in your taxable income as it would be if you withdrew funds for yourself. Again, see your IRA administrator or tax attorney.
Other Donations
You can also give gifts of real estate. This can be especially tax-advantageous. The property may have appreciated in value over the years so that its sale would restuls in a sizeable capital gains tax. If given to us instead, you would avoid this tax and, at the same time, realize a charitable deduction for the full fair market value of the real estate. You can also give a life insurance policty that is no longer needed. You can take the charitable deduction equal to the cash value at the time of the gift and, if annual premiums are still to be made and you cotinue to pay them, those premiums will become tax deductible each year.
It\'s time to start thinking about your end-of-the-year tax strategy and, if you\'d like to make a donation to The Flying Yankee Restoration a part of your planning, please give us a call at 603-745-3974.
|
|
Yankee News
 12/28/07 - FRIENDS OF THE FLYING YANKEEE DECEMBER 2007 NEWSLETTER
11/28/07 - FRIENDS OF THE FLYING YANKEEE NOVEMBER 2007 NEWSLETTER
10/31/07 - FRIENDS OF THE FLYING YANKEEE OCTOBER 2007 NEWSLETTER
9/26/07 - FRIENDS OF THE FLYING YANKEEE SEPTEMBER 2007 NEWSLETTER
9/26/07 - THE FLYING YANKEE RESTORATION GROUP ANNOUNCES STAFFING CHANGES
8/28/07 - FRIENDS OF THE FLYING YANKEE AUGUST 2007 NEWSLETTER
8/27/07 - FINAL FLYING YANKEE OPEN HOUSE FOR 2007 SCHEDULED FOR SEPT. 29TH
7/30/07 - FRIENDS OF THE FLYING YANKEE JULY 2007 NEWSLETTER
7/25/07 - FLYING YANKEE OPEN HOUSE SCHEDULED FOR AUGUST 4, 2007 AT THE HOBO RAILROAD IN LINCOLN, NH
6/26/07 - FRIENDS OF THE FLYING YANKEE JUNE 2007 NEWSLETTER
|
Check it out... we now have Flying Yankee mouse pads available for purchase! They look just like what you see above and they're only $10.00 plus $2.50 shipping! If you're interested in purchasing one, please give us a call at (603) 745-3974 - we'll take your credit card info over the telephone, then we'll send you your brand new Flying Yankee mouse pad! They make great presents for any occasion for your rail fan.
|
|
|
|
 |
|
The Flying Yankee Restoration Group, Inc. P.O. Box 145 No. Woodstock, NH 603-745-FYRG [3974]
|
 |
|
|
