Indianapolis Times, Volume 41, Number 46, Indianapolis, Marion County, 4 July 1929 — Page 3

,J IL\ 4.

INCOME TAXES BRING FUNDS TO TWELVE STATES Census Statistics Bureau Reveals Figures on Collections. BY C. .T. LILLY Times Correspondent WASHINGTON, July 4.—Twelve ufates now raise more than $50,000,000 annually by imposing state income taxes, according to census bureau statistics. The twelvp states having this tax are Massachusetts, New York, Wisconsin, Missouri, North Dakota, Delaware, Virginia, North Carolina, South Carolina, Mississippi, Oklahoma and Oregon. In 1927 Income taxes yielded the twelve states $54,959,392. New York took In the most, $26,258 522, and Oregon the least, $16,732. In New York the tax rate up to SIO,OOO of taxable income is one per cent; from SIO,OOO to $50,000, 2 per cent, and in excess of $50,000, 3 per cent. Exemptions of $1,500 are allowed single persons and $3,500 for married. Dependent children bring an exemption of S4OO each. A state tax commission administers and enforces the law. Biggest in Wisconsin Wisconsin, which in 1927 made the second largest collection of state income taxes, has a sliding scale rate, getting 1 per cent for the first SI,OOO of taxable income and then increasing by fourths of 1 per cent for each SI,OOO additional until $6,000 is reached when the jump is bv 4 of ! per cent. At $13,000 income the maximum tax of 6 per cent is reached. There !s also a surtax Wisconsin deducts its exemptions from the tax itself. An individual gets $8 off, a family head $17.50, for each dependent, $3. All incomes are taxed. North Carolina, which made the third largest collection in 1927, makes a charge of 14 per cent on the first $2,500 of taxable income, 2 per cent from $2,500 to $5,000; 2 3 i per cent from $5,000 to $7,500, 3 J 2 per cent from $7,500 to SIO,OOO, 4*2 per cent from $61,000 to $15,000 and 5 per cent in excess of $15,000. Exemptions of SI,OOO are allowed single persons and $2,000 for married of persons with dependents. Each dependent brings an additional S2OO exemption. Virginia Rates Lower North Dakota collects 1 per cent for taxable income im to $2,000, 2 per cent from $2,000 to $4,000. 3 per cent from $4,000 to .$6,000, 4 per cent from $6,000 to SB,OOO, 5 per cent from SB,OOO to SIO,OOO and 6 per cent in excess of SIO,OO. Single persons get SI,OOO exemption, married $2,000 and S3OO for each dependent. South Carolina collects 1 per cent up to $2,500 of taxable income, I*2 per cent from $2,500 to $5,000, 24 per cent from $5,000 to $7,500, 34 per cent from $7,500 to SIO,OOO, 44 per cent from 10,000 to $15,000 and 5 per cent in excess of $15,000. In Virginia the rates are lower. The first $3,000 of taxable income is assessed at 14 per cent, the next $2,000 at 24 and in excess of $5,000 only 3 per cent. Exemptions are SI,OOO for single persons. $2,000 for married and S4OO for each dependent. Massachusetts collects 6 per cent from taxable intangible personal property; 14 per cent from annuities; 14 per cent from professions, employments, trades or business and 3 per cent from sales of intangible personal property. Notes in Other States , Deduction of SI,OOO on incomes ife allowed from intangible personal property and $1,500 for married individuals. On business incomes there is S2OO exemption with SSOO more for married persons. Each dependent cuts of $250 more. Missouri has a I per cent tax on all incomes with single exemptions of SI,OOO. $2,000 for married and S2OO for each child. New Hampshire's tax is levied at the average rate imposed upon other property in the state and S2OO of each income is exempt. Delaware has a rate of 1 per cent for the first $3,000. 2 per cent for $3,000 to SIO,OOO, and 3 per cent for higher incomes. Single exemptions are SI,OOO and married $2,000. Most states impose corporation income taxes of varying amounts. CITY PRECINCT MAPS TO BE ISSUED SOON Indianapolis Divided into 255 Districts in new Plan. Maps of the city showing new precinct boundaries for the November election are in the hands of the lithographers and will be distributed as soon as available, according to Henry Steeg. acting secretary of the city plan commission. The redistricting of the city into 255 districts was done recently to provide for a more equal distribu- ■ tion of population so that the new city manager regime might be initiated under favorable conditions. William A. Boyce Jr. will have charge of disposal of the maps upon their completion. OLD BEACON FOR SALE Ancient British Lighthouse Offered as Home or Business Site. B-J l nited Press LONDON, July 4. England's oldest lighthouse is for sale. It is situated on the Mersey embankment at Leasowe and has a good command of the sea. The lights of the beacon were extinguished in 1908 Now the property is being listed by real estate agents who describe it as an ideal spot for a catering or even for a private residence.

Rubber!

A rubber coat, in gay colors and different size stripes, is the latest thing on Pacific coast beaches. Here is one being worn here by Lorna Whitman of Portland, Ore., after a dip in the ocean. It is—well, rather distinctive at that.

WARN DOG OWNERS July 15 is Deadline for Paying Tax, Only 2,068 of the 9,000 taxable dogs in center township had been given their city license by the city controller's office today. Extension to July 15 has been given, but after that time dogcatchers will begin doing an active business, according to A. B. Good, deputy city controller. ' Although the county distinguishes between sex with a $2 charge for males and a $1 charge for females, the city believes in suffrage equality and places $2 license on both biological divisions. Dogs caught on the streets will be sent to the dog pound to be sold or “put to sleep” by Dr. Elizabeth Conger, pound master. Be Your Age! Doctor Warns Men Over 40 Against Strenuous Outdoor Sports. Bv United Press Harrisburg. Pa., July 4. "Don't go in for this just-as-young-as-I-used-to-be performance,” those of middle age and over are warned by Dr. Theodore B. Appel, head of the state health department. “The business man who is fat and forty or at least forty suddenly develops a logical enthusiasm for tennis, golf and baseball at, this outdoor season,” he said. "And while such a thing as permitting one's affection for a sport, to get, the better of one's judgment—then something happens. “The business of imagining at 40 or 50 years of age that one is just as young as ever is a mighty poor proposition if one deliberately steps out to prove it after a winter’s physical lassitude, by way of suddenly over-exercising or indulging violently in outdoor sports. "Sunshine and exercise are among the cardinal necessities for all. But sudden exertion, or even protracted exertion that is not so sudden can not be indulged in safely by the middle-aged, who are not accustomed to it. It is not even good for the college man. This fact is recognized by all trainers, who regulate and step-up athletic activities. "Play golf and other outdoor games if you like them. MANY HOLD PERMITS TO RAISE FUR ANIMALS Raising of Silver Foxes. Wild Ducks Meet with State Success. Seven hundred and twenty-six certificates of inspection, allowing persons to hold game birds and furbearing animals in captivity for breeding purposes during the closed season, have been issued by the fish and game division of the state conservation department.. George N. Mannfeld, division chief, reported today. "There appears to be an ever-in-creasing interest in the raising of wild-life in captivity.” he commented upon making the report to his chief. Director Richard Lieber. “Those raising silver foxes, wild ducks and pheasants are meeting with considerable success. The largest number of certificates, however. are for holding raccoons, the holders using them as pets or to train coon hunting dogs.” U. S. ACTORS FAVORITES Mary Pickford. Colman and Menjou Most Popular in England. Bv United Press LONDON. July 4 American film stars will reign here as favorites. A survey taken recently showed Mary Pickford. Donald Colman and Adolphe Menjou are the most popular screen favorites. Syd Chaplin, and not Charley, ranked high. Dolores Del Rio, Clara Bow, Esther Ralston. Richard Dix and Doug Fairbanks were among the first twelve favorites.

STATE BIOS FOR NEW FIRMS BY SLASHING FEES Cut in Taxes Expected to Attract Corporations to Indiana. Mass production and the trade at home ideas are combined in the new corporation law which became, effective in Indiana this week, Otto G. Fifield, secretary of state, declared today. Drastic reduction in incorporation fees, to be paid to the secretary of state and eventually to find their way into the state's general fund, is expected to be more than made up by the increase in shares and the number of corporations taking out, papers here, Fifield pointed out. For the new law cuts the rate from $1 for each SI,OOO of capital stock to 1-cent a share, regardless of the denomination in dollars. $1 for each SI,OOO. Under the old assessment., 1 cent was paid for each no-par-value share, 10 cents for each SIOO and $1 for each SI,OOO. This netted the state from $190,000 to $500,000 a year, according to Charles Dare, head of the incorporation department in Fifield’s office. To meet this amount under the j new law there must be a big boom . in business. Many to Reorganize. Besides attracting new incorpora- i tions, which previously went elsewhere, the new law will result in many reorganizations of those already doing business in the state, Fifield predicted. Where there is an increase in the j number of shares, the old number ; of shares is deducted from the new I total and the 1-cent payment col- j lected on the difference. There is also a charge of $6.50 I for filing a reorganization under the : new law. The increased share payment is ; placed at a $lO minimum, so the charge where stock is increased and the set-up reorganized can never be less than $16.50 under the attorney - general’s ruling. Did for Firms. At the present time there are 1,500 foreign corporations registered in the state, 750 of which were incorporated in Delaware. The new Indiana law is based on the idea that Delaware benefited by these incorporations because their law was not so drastic as the Hoosier statute. Now they expect to get that business here. There are at present 15,000 Indiana corporations registered and about 7,000 in good standing. Os the foreign total it is estimated that about 900 are in good standing. To add to the idea of increasing domestic and decreasing foreign inxorporations the new law raises the foreign registration fee from 50cents to $3. The law, passed by the 1929 legislature, was the result of two years’ study by a committee of prominent lawyers of the state under Frederick E. Schortemeier, former secretary of state. CHURCH SALE OFFER TO BE CONSIDERED Kokomo Friends and Government Expect to Reach Agreement. ! Bv Times Soecial KOKOMO, Ind., July 4—Union : Street Friends church members will : meet tonight to hear a proposal ' from the government of United States on purchase of the church j to make room for an addition to the postoffice. Trustees of the church will sub- j mit the proposal to members for ap- j proval, according to Ira Nicholson, chairman. If the plan sponsored by the trustees is approved by the membership it then will be submitted to the government for acceptance. That the proposal will be accepted | by both is considered almost a cer- | tainty by trustees. i The postoffice department and the | trustees have been at odds over the | proposed sale several weeks. The I government made an offer of $20,- ! 000 and trustees asked $50,000 for the building and site. The government asked them twice to reconsider and the trustees refused to lower their price both times. A representative of the depart- | ment then met with trustees in a closed session at which the proposal which will be submitted to the membership tonight was worked j out. INITIATE 7 AS PLAYERS Elect David Clarke President of Honorary Drama Body. Seven students were initiated into the Butler university chapter of ! National Collegiate Players, honor- | | ary dramatic organization, at a i meeting held at the Delta Zeta | sorority house. The new members j are: Harriet Eberhart. Josephine Fitch. Janice Picknell. Dorothy Schlesinger, Ruth Benefiel, David Clarke and Curtis Hunter. Following the initiation David j Clarke was elected president; Ham- ! ilton Clarke, vice-president; Ruth | Benefiel. secretary, and Curtis i Hunter, treasurer. JAZZ KING IS ’MODEST’ No Sex Appeal. Just Good Bandmaster. Says Whiteman. Bv Unit i and Press ST. LOUIS. July 4.—When Paul Whiteman, king of jazz, stopped off ■ home here on a tour of the west recently, he gave a reason for his success in the music world. "I have no sex appeal ” he said. "I am not a fad. and what I have to offer is not a fragile vogue of the moment. In short, I am just a good band manager, although some folks call me lucky.”

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.■• v ? i y ' ■ . • * * ' | l ‘ ’ i Remember the Lett oat jHQpV/oW^I This Time /

98c DAYS Imagine First ©uality Leatherette RAIN- AA C COATS UV Trench Models! AUi- ■■ gator Patterns! Solid v'igy Colors! Novelties!

98c DAYS $3 SILK AAc SCARFS UX In all the newest WLjjsf fWly patterns and shades.

98c DAYS Silk Crepe UNDIES ||P C Bloomers, Step - Ins, /yjjßk Slips, Chemise daint- Iff U ily laced or neatly tailored. Marvelous!

98c DAYS White, Tan, Blue Ycstee BLOUSES ay c Rayon figured, broadcloth JjyvST with short sleeves, also sM J§§r fgjS H tailored broadcloth with ties.

98c DAYS Baronet-Like Satin ST ML jp SLIPS 95 Light colors. All Sizes.

98c BATS w Asm ftjflc BLOUSES ||l A variety of new soring sgiM? SI J?| 2 fog 8#

98c BAYS Full Fashion —p. Silk-to-Top 4a C HOSE QS $1.89 quality chiffon tgjp' and sendee weights.

98c DAYS SILK AA C SCARFS ||X A variety of bright ■nflf 8 fly new colors and styles. * *OP

98C DAYS Knickers A A c Not very many, but Jfik every pair worth ■■ Jf 11 double or triple.

4\I,ZSO PAIRS OF SMART SUMMER FOOTWEAR!! tv ————— SPECIALLY PRICED AT | 1 JA \\ v/ivli Just arrived! _ \ Whitest \ \ /#\W New es 1 fb P® White Kid, J AiU ‘Smart Styles’ fPgfc Dk JPfl 01% Lido Sand ' VMf /f for the ear,y m m%3w Red Jn A rUj —summer sea- J|gf * I Suntan iK/ I / sor V The .y e J ry Jgg? WsfL Blue / X styles milady Ar ~ I Patents L has waited for " mam I Satins / and at Miller- lIL- AND M Combinations I ——' Woh! Prices, yUsUBU f J

You Can Buy a II Ac UU SUIT, DRESS or Ux COAT for Only U

SPRING COATS QQ C Including a few winter styles. There are only a few in this lot. $| || Ig Materials are suitable for hard wear. Women’s and misses’ sizes.

22 SILK DRESSES QO c Knowing' what we offer when we advertise sU& dresses for only 98e, our Sr regular customers might stand at our front door from as early as 6 A. M, for RJP this lot. Some are soiled, mussed and slightly damaged. TtEsSF

49 Cloth Dresses QO c Our 98c Day Special for large women, Stand in line and m wait with the crowds.

HOUSE DRESSES AQ< T'igu 1 linene and basket weaves; printed and hand embroidered plain MTym broadcloth, trimmed with two pockets, shirring and smocking. Pink, green. gE; purple, blue. Extra fine quality dresses of washable material. $1.50 and $3 wLagf m jug values. Sires 14 to 52. MBSOF

HOOVER APRONS AAc AND HOOVERETTES , Ideal for porch wear, house wear, neighborhood M wear, A great variety of colors and patterns. AH Mu It

RAYON UNDIES AAc AND PORTO RICAN GOWNS 5^ Exquisitely colored gowns with cute touches of em- |w broidery, gorgeous pastel rayon undies; laced and tailored bloomers, stepins, panties, chemise and dance sets.

Flannel, Velvet and Blazer Striped JACKETS , i|M c All wool! Ideal to complete the sport ensemble for vacation and gg Rg ® Wl beach wear! Values to 53.98

Drastically Reduced SILK SPRING DRESSES COATS s -n At One Special Price jQ\ & $c Ik i J (m 11 II %rU2L ™ E . '“•**•••• fhfl l /ml | sun-tan back .. . taped Sna PPy m,ss - v st - vles ,n I f ;S Mt j 1 Ejf&iju .. . flared ~ . pleat- blacks and tans. AII are 8 t■j , p ed! St y ,es * colors and included at this record- I* ♦> ' 'r~~f teri l reaUy brcaki ng price. Former ,'t 4'• “ I / beautiful for words! & I 1 ! i u lld Sizes 14 to 52. valaes to 5 197 °- i ' $lO Values! \ \ i

98c DAYS Broadeiofh as*, SMOCKS flD c A splendid variety of colors and sires. Kg, ' jm Nw $1 values .A gn |f,:“ ft® few flowered patterns in- a* * ,T* B|Pw eluded.

98** PATS Skirts ami j&k a Sweaters lj§ %S € Tho skirts are pleated end come in a variety of new spring colors. The jgs ■ sweaters are _ - ySklw slipover Each styles.

98e PATS Silk and Eayon Hose 2 Seamless, and some hav" pointed heels. Also picot edge rayon S3 tfcj Ws hose in the p r f Qr Jg new shades, ue - - w All sires.

9Se DATS HOUSE DRESSES Trimmed with organdy and plain shade pique in beautiful new prints; popular ginghams; I | fkM w c o r and e and dimities. Really strik-O f| Mill ing values for Xfey

98c PAYS 42 Scnt me r ft r UAHS 4#M The quantity is limited, but the mendous. M'e suggest early siiopping.

WHILE THEY LAST! This Should Bring Crowds Running! Novelty Corduroy Beach Rohes Negligees Silk Rohes Each flrlg Especially if you’re going away —you’ll appreciate this bargain! Impossible though it may sound They’re Worth $5 Any Day!

In this sale you may find some articles that are soiled, mussed or even slightly damaged.

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