Speedway Flyer, Volume 10, Number 8, Indianapolis, Marion County, 24 January 1941 — Page 3
E'en * asfSaamb ifyoufailtoget relief . ASK FORYOUR MONEY BACK
AT LEADING DRUGGISTS EVERYWHERE AT ROSNER’S DRUG STORE
WALT’S SPEEDWAY CLEANERS When you want the BEST in dry cleaning, call WALT. Here are a few of our “added” services: I—Monite Mothproofing; 2 Free pick-up and delivery; 3—Complete insurance on your garments; 4—Valet service; s—Fine workmanship. 4532 West 16th St. Bel. 2925 —TRADE IN SPEEDWAY
Speedway Theatre A cloud-hopping trouble maker meets a trouble hunting newspaper girl—and boom!—it’s love! That’s how it all starts out be-
Stop That Cough! Not By Suppressing It—but by having “the cause’’ removed— Nature will “Stop The Cough”, after the cause is removed, which is as it should be. Nerves pressed upon cause a decrease in the resistance of the mucous membranes lining the throat, nasal and bronchial passages— Also poor elimination or wastes and toxins.—The logical way to correct the whole trouble is to specifically adjust the cause of nerve pressure. OUR MODERN CHIROPRACTIC HEALTH SERVICE uses specific light adjustments to correct all health troubles. A Cough Should Not Be Neglected No Charge For Consultation Yours For Better Health DR. Paul H. Tirnnv and Myrtie A. lynCl Telephone: Market 3046 F 410 Odd Fellow Building At Speedway Office after 3 p. m. Daily (Except Thursdays) Over Rosner’s Drug Store, 16th and Main Street.
P*’ J * ’ H ■ O* ' Sl/poss/eit from YOUR standpoint 1
• Some 260,000 telephones dire operated by the Indiana Bell. On the average, 1,568,000 calls, each one "made to order," are handled every day in 96 central offices throughout the state. More than 1,100,000 miles of wire—enough to circle the earth 44 times—must be kept in readiness for your needs. About 3,500 «> experienced men and women are at your service. » » Maintenance and operation of the
tween Claudette Colbert and Ray Finland in the scintillating Paramount romance, “Arise My Love,” which opens Sunday at the Speedway Theatre. When Claudette, the fashion writer, got a yen to write mansized stories for Associated News she just casually snatches an aviator from a Spanish firing squad, and flies across the border with him to France. But the girl doesn’t count on love, and pretty soon she finds her heart melting under the effects of the Paris moon and Ray Milland’s ardent wooing. When the assignment to the Berlin Bureau comes her way, Claudetoe thinks its her escape. But the inescapable Milland turns up in her railway compartment. Before she realizes what is happening, she is Off on a stolen vacation with the handsome flier. I While grim and amazing pages of history are being written, Claudette and Ray are in the midst of
RALSTON’S GROCERY GROCERIES MEATS ICE CREAM 5230 W. 16th Street Res. Phone Bel. 4815
Call Day or Night Belmont 0680 N. C. HOLLIS Formerly A. E. Whitaker Local and Overland Moving 2331 West Walnut Street
Indiana Bell telephone system is a big job. Technical details are checked continually to aid and guide us in reaching a high standard of performance. But most important measurement of oil is what you think of the service we render. It is our constant aim, and a guiding principle of our business, to do the best possible job from the customer's r) pffi n point of view I ’ —- 1
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Turn Your Back Upon Dinner!
VZES, literally, you can turn your I back upon dinner and walk out! Providing, of course, that you leave an oven meal behind you—not one where you must put something in or take something out of the oven every little while, but one of the slick-as-a-whistle arrangements where all the food goes in at one time and is ready to be taken out together. What makes all of this possible? It’s the timer-controlled oven of a modern electric range—one which you can safely trust to cook your meal even when you are miles away. So- reliable and so wellregulated is the heat control, that absolutely no watching is required. The heat in these ovens is moist and even, and no one spot is hotter than any other. The automatic time control, set before you go, starts and stops the current at any time you may desire, and at the temperature you require. Here’s a menu for a dinner that will be ready to take out of the oven and serve the minute, you turn the key in the lock. All the items are to bake at 350 degrees for just 114 hours. Ham Slice with Paprika Onions Stuffed Green Peppers Prune Nut Bread Cranberried Pears r~x
exciting new events. Out /of their love comes the final conplusion to return to America, the'greatest democracy of them all; “Arise, My Love” is the perfect tonic for your doubts and fears. See it. You’ll love it! Laughs furnish the keynote of the second feature at the Speedway screen where Ann Sothern, lan Hunter, Roland Young and Billie Buike run through a whirlwind of comedy adventures in “Dulcy.” It only to blunder up every situation, is the story of a madcap girl who tries to lend a “helping hand” to the affairs of her family and friends the new comedy gives the popular Miss Sothern, this time, all dressed up in Paris creations, but with the same capacity for making you forget your troubles in a hurricane of r laughs. 1 Your Federal Income Tax Partnerships A Partnership pays no tax, but is required to submit an information return on Form 1065. Each
Ham Slice With Paprika Onion* (Serves 6) 1 slice ham (center cut, 1-inch thick) 6 medium-sized onions 14 teaspoon salt 1 tablespoon paprika 2 tablespoons brown sugar 2 tablespoons butter 94 cup canned consomme Place ham in greased baking dish. Remove skins from onions and cut two gashes in the root ends. Sprinkle lightly with salt and generously with paprika. Put 1 teaspoon of butter and 1 teaspoon of brown sugar on top of each onion. Arrange them in dish around ham slice. Pour consomme over onions to a depth of % inch. Bake, covered, with the electric thermostat set at 350 degrees, for 1% hours. Cranberried Pears (Serves 6) 6 large winter pears 1 cup cranberries 194 cups brown sugar % cup > ..ter , Pare and quarter pears. Arrange in baking dish. Pick over and wash cranberries. Cover pears with cranberries and sprinkle with brown sugar. Add water. Cover and bake in a moderate oven with the electric thermostat set at 350 degrees for I*4 hours.
partner includes in his individual return his proportionate share of certain items shown on the partnership return. ORDINARY NET INCOME. The ordinary net income is computed in the same manner as that of an individual, except that the following are excluded: (1) Short-term and long-term capital gains and losses. (2) Contributions. Each partner includes in his individual return his distributive share of the partnership ordinary net income, WHETHER DISTRIBUTED TO HIM OR NOT. Conversely, each partner includes in his individual return his distributive share of the partnership ordinary net loss. Payments made- to a partner for services rendered and for interest on capital contributions are not deductible in computing the net income of the* partnership. Such payments represent a division of partnership profits. CONTRIBUTIONS: In computing the ordinary net income of a partnership, no deduction is allowed- for contributions. Each partner, however, is allowed to deduct his proportionate share of such con-
tributions on his individual return, nrovided that the 15 per cent limitation is not exceeded. - In other words, contributions may be deducted from his? individual return not to exceed 15 per cent of his net income, computed without the benefit of such deduction. Partnerships are not entitled to the net operating loss deduction, but the amount of the loss is allocated to the partners individual returns. EARNED INCOME CREDIT: A member of a partnership is entitled to treat a proper part of his distributive share of the partnership net income as earned income. INCOME DERIVED ENTIRELY FROM SERVICES: If the partnership income is derived entirely from services, and capital is NOT a material income—producing factor, each partner’s share of the distributive net income is treated a" earned income. INCOME DERIVED FROM TRADE OR BUSINESS: If the partnership is engaged in trade or business in which capital is a material income producing factor, but Ihe partners render personal services as well, the amount which each partner may treat as earned income is the SMALLER of the two following figures: (1) A reasonable allowance as compensation for personal services actually rendereo' bv him. (2) Twenty (20) per opnt of his share of the partnership net income. In computing twenty (20) per cent of the net profits of a trade or business which a sole proprietor or partner may consider as earned income, the total book profit and not the income tax net income is used, as a partner’s salary is considered as part cf his share of the total profits. A partnership return (Form
COOPERS KNIT EA a JOCKEY SHORTS __2 COOPERS JOCKEY Eft** MIDWAY SHORTSOVV COOPERS JOCKEY Efts* OVER KNEE SHORTS WWV COOPERS JOCKEY 7Es* ANKLE LENGTH * Lyon’s Department Store Phone Bel. 2360 1534-1538 Main St
Speedway Barber Shop “Fine Barber Service” 4906 West 16th Street Across From Rosner’s Drug Store Madonna and Van
Double Announcement NO. i “SPEEDY” MILTON announces that he is SBfflSffiß ? ow ,ocated here and he invites his friends | M®S for their next CAR WASH or I mWdIMB SIMONIZ. „ NO. 2 JIMMIE WARD “Specializes” in Hydraulic MM ® ra h? Service—Bring your Brake Troubles to “Jimmie.” COMPLETE ONE STOP SERVICE Whiteßose Service "" W. iiibmcati<)n ««
Letha’s BEAUTY SHOP 5975 W. 16th St. Bel. 2760 Letba Medenwald
NEEPSj
Penslar ABDGC Capsules (25) $1.19 Upjohn’s Vitrate, 10-oz. 1.29 Parke-Davis Irradol-A lb 1.23 Upjohn’s Super-D Perles, 30’s 86 Miles One-Day Tablets 30’s 34 Squibb’s Cod Liver Oil 12-oz 89 Anusol Suppositories (box of 12) 1.19 DeWitt’s Kidney Pills .. .39 Gold Medal Haarlem Oil < Caps 29 Kilmer’s Swamp Root 89 Pinkham’s Vegetable Compound 94 Miles Nervine 83
BECK’S DRUG STORE Belmont 2330 15TH AND MAIN STREET We Deliver
1065) sworn to by one of the partners, must be filed whether or not the partnership has a net income, as the return of one of information only, showing the amount that should be included by the partners in their individual returns. Partners may adjust between themselves their interest in the net earnings of the partnership in any proportion that they may agree upon, and when so fixed, they are taxed accordingly. CHAS. T. SCRUBY Speedway City, Ind. ANNUAL PRE-E ASTER DINNER ANNOUNCED The annual pre-Easter dinper for the staff of the Speedway Christian Church has been an-
Keplers Speedway Garage 1430 Main Street Belmont 5092 Pure Oil Products Gasoline and Oil Lubrication Automobile Repairing Two Mechanics Automobile Storage
SPEEDWAY COAL& SUPPLY CO. 5202 W. 16th St. BELMONT 0140
Pierce’s Golden Medical Discovery $ .79 Carter’s Liver Pills (25c size) 19 25c Anacin Tablets 19 100 Aspirin Tablets 39 25c Bayer Aspirin .19 Barbasol Shave Cream (50c size) 39 Lifebuoy Shave Cream (25c size) 2 for 33 Molle Shave Cream (50c size 42 Gillette Blue Blades, 10’s 39 Ipana Tooth Paste (50c size) 39 Foley’s Honey and Tar (60c size) 49
nounced for Friday evening, February 7th. This is the dinner held each year in preparation for the Easter season for the church school teachers and officers, the elders, deacons and junior deacons of the church, the trustees, the choir directors and pianists and all others who have official capacities in the church. Every church worker should clan to be present for this dinner. The cost will be thirty-five cents per plate and reservations should be given to Mrs. G. G. Hammer, Belmont 3142-W or to Mr. J. T. Huber, Belmont 1945-M. The committee on reservations is very anxious to have the complete list of those who will be present as soon as possible and they want everyone to understand that although the dinner is primarily intended for church officiary, anyone in the church will be very welcome at this event. Please make reservations immediately.
