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About St. Helens mist. (St. Helens, Or.) 1913-1933 | View Entire Issue (March 5, 1920)
THE ST. HELENS MIST. FRIDAY, MARCH 5. 19:0. 6 U. S. INCOME TAX EXEMPTSjJOBODY Every Person Who Had Income . in 1919 Must Determine Own Liability. MARCH 15 LAST FILING DATE. 8urttt Way It to Follow Forrr 1040A Fro Advic In Doubtful Caiet. 8vor Penalties In Law. Nobody Is exempt from Incnme Tax. An obligation Is laid directly ou the ilioulUerg of each citizen and resilient to consider his own case and to get Ills return la on time If one Is due. With each return showing a lax due a payment must accompany the return In the full amount of the lax or at least one-quarter of the tax. All returns for 1919 must be filed on or before March 13. Mutt Show Tru Figure. In figuring up his earnings for In come tax purposes a person must take Into consideration all Items of taxable Income, and each Item Itself must be accurate In amount, Ouessca mid es timates must be avoided, fur the re turn Is made under oath. Everybody who had an Income dur ing 1919 must now determine whether his or her net income wag sufficient In amount to require an Income Tax re turn. The best way to find out Is to get a Form 1CM0A and follow the In structions printed on It. That form will serve as a reminder of every Item of income; and If a return Is due, it tells how to prepare and Die It. One of the Important points to keep In mind is that a person's "net income Is found by a computation prescribed in the law, and that each item of in come from every source must be con sidered, unless specifically exempted. Another thing to remember Is that (lit personal exemption allowed tax payers by law has no relation whatever to the requirement to file return. This exemption is not to be considered until a person has figured out his not In come and determined whether It was sufficient to require lilm to Hie a re turn. Then, If a return must be filed. be should read carefully the Instruc tions for claiming exemption, and com plete his return. If in doubt on any point as to income or deductions, a person may secure fiee advice and aid from the nearest Internal Revenue oftice. Many hanks and trust companies are also furnish' Ing similar service during hanking hours. Heavy Penalties in Law. For failing to make a return on time the penalty is a fine of not more than $1,000 and an addition of 25 ier cent to the tax. If any. For making a false or fraudulent return the penally Is n fine of not more than $10,01)0 or Im prisonment not exceeding one year, ot both; and, in addition, 50 per cent ol the tax. There are other penalties for falling to pay tax when due and for understatement of the tax through uegltgence. Many Sources of Income. - Aside from what one may earn by his services, there are many other sources of Income. If he sold any property during 1919 he must figure out the gain realized. If he rented buildings, land, apartments or rooms such rents must be considered tnxn- able, and he may claim (led unions for necessary expenses Incidental to rents. . Bank inleiest Is a common source of income and Is taxable whether with drawn or not. Any amount of Interest credited to a depositor is Income to the depositor. Interest on mortgages ami notes is taxable; also bond Interest received from corporations. A taxpayer who cashed his Insur ance during 1919 mint report as In come any excess received over the to- tul of premiums paid. Members of partnership or personal service corporations or heiicnViiirics of au estate or trust must report llieir shares of income distributable to them whether or not actually withdrawn. Dividends of domestic corporations must be reported. Many other forms of income are taxable, unless specific ally exempted. INCOME TAX IN NUTSHELL WHO Single persons who had net Income of $1,000 or more for the year 1919. Married collides who had net income of $:!,000 or more. WHEN March 15, 19'JO, Is final date for filing returns and mak ing first payments. WHERE Collector of Internal Itevenue for District In which the person resides. HOW Full directions on Form 10WA and Form :0I0; also the law and regulations. WHAT Four per cent normal tax on taxable Income tip to $4,000 In excess of exemption. Eight per cent norma! tax on balance of taxable income. Sur tax, from one per cent to sixty five per ceut ou net Incomes over $o,000. XOTICK TO CREDITORS IN THE COUiNTY COUHf OF THE STATE OF OREGON, FOK COLr l-MMA COUNTY. In the matter of the estate ct William Louis Graham, Deceased. Notice is hereby given that the undersigned has been appointed ex ecutrix of the estato of William Louis Graham, deceased, by th County Court of the State of Oregon, for Columbia County, and has quail (led. All persons having claims against said estate are hereby noti fied to present the same duly veri fied as by law required at the law office of J. W. Day, in St. Helens, Oregon, within six months from the dato hereof. Dated and hrst published Febru ary 6. 1920. FANNIE GRAHAM, Executrix J. W. Day, Attorney. Mornim bOIMOXS IN THE CIRCUIT C.OIUIT OF THE STATE OF OREGON. FOR THE COUNTY OF COLUMBIA. May Jensen, Plaintiff, vs. Frith Jot N. Jenswn, Defendant. To Frtthjof N. Jensen, the defen dant above named: In the Name of the State of Ore gon. You are hereby summoned to appear and answer the complaint filed agnlnst you in the above en titled suit on or before the last day of the time prescribed in the order for the publication of summons made herein, to-wlt: On or before Sutur day, the 6th day ot March, 1920. and if you fall to appear and nnswei. for want thereof the plaintiff will apply to the Court for the relict prayed for In the complaint, to-wlt: tor a decree dissolving the bonds of matrimony now rnd heretofore ex isting between plaintiff and defen dant, and for such other and further relief ns to the Court may Beem Jusi. and equitable. This summons Is published once a week for six consecutive weeks in the St. Helens Mist, a newspaper of general circulation, published at St. Helens, Columbia County, Oregon. The publication ot this summons Is by virtue of an order of tho Hon. Martin White, County Judge of Col umbia County, Oregon, duly madi and filed In this suit on the 19th day ot January, 1920, rnd the date of first publication herein Is the 23d day of January, 1920, end the date of the last publication Is March 5th, 190 FRED W. HERMAN. Attorney for Plaintiff. Residence end Post office address: Rainier, Oregon. NOIUK OF HVW. Amt ST Hans I. lljorkmun estale. Notice Is hciehy given lluit Iho un dersigned, as ii.lm.nisii.itor of " estate of Hans V. llj.)iknu.:i. deceas ed has tiled his final uicoiint in the Count v Court of Hie St .lie of Oregon lor Columbia County. 1 "ll urdav, the tit'.i day of Mar-li. !-. t the hour of ten o'elcr In Hio forenoon of s.ild day ami tho ( m.-l ro.iui of Raid Corn havo been ap pointed b.v suld Covrt u llio tlnirt and place f r tho li:inn: of ol. jocl'otis thereto i ad tlifl srttler.irnt I hereof. lV.tod rnd first published i vl.ruary 6. M-'li. KN'l'TK E. IUOltUMAN. Administrator. J. W. Hay, Attorney. Why Cold nro Dangerous. You are often told to "beware of a cold," but why? We will tell your Every cold weakens the lungs, soweri the vitality and paves the way for the more serious diseases. PeopU who contract pneumonia first tako cold. The longer a cold hangs on. the greater the danger, especially from tho germ diseases, as a cold pre pares the system for tho reception and development of the germs of con sumption, ditheria, scarlet fever and whooping cohgh. ho quicker you got rid of your cold, the less the d.inger of contracting one of these dlsoascs. Chamberlain's (tough Remedy has a great reputation as a cure for colds and can be depended upon. It is pleasant to take. INCOME TAX IS DUE MARCH 15 Penalties for Delay and Failure to Make Returns Early Compliance Urged. All Income tax returns covering the year 1019 must be filed by Monday, March 15. Each taxable return must be accompanied by check or money or der for the full amount or at least one quarter of the amount ot tax due. Cash payments are accepted only at the collector's main office; If sent by mail, they are at the sender's risk. Residents of Oregon should file their returns with, and make payments of Income Tax to, Milton A. Miller, Collector of Internal Itevenue, Port land, Ore. Those who must Hie returns but have not done so are warned that the revenue law Imposes heavy penalties for failure to get returns in on time or to make payments on time. Early filing and early payments are urged, In order to relieve the Internal revenue offices as much as possible of n overload on the final day, March 15. They couldn't be built now for twice$7l,ooo When the talk turns from politics to railroads, and the traveler with the cocksure air breaks in with, "There's an awful lot of 'water' in the railroads," here- are some hard-pan facts to give him: American railroads have cost $80,900 a mile roadbed, structures, stations, yards, termin als, freight and passenger trains everything from the great city terminals to the last spike. A good concrete-and-asphalt highway costs $36,000 a mile just a bare road, not count ing the cost of culverts, bridges, etc. Our railroads couldn't be duplicated to day for $150, 000 a mile. They are capitalized for only $71,000 a mile much less than their actual value. Seventy-one thousand dollars today will buy one locomotive. English railways are capitalized at $274,000 a mile; the French at $155,000; German $132,000; even in Canada (still in pioneer development) they are capitalized at $67,000 a mile. The average for all foreign countries is $100,000. Low capitalization and high operating effici ency have enabled American Railroads to pay the highest wages while charging the lowest rates. Qhis advertbemehfis published by the ssociatioripf Railway executives Tkiu inMmt inftrmathn ( tin rmtlnti Ultutht mtf tktain Ultrmtun h mritiut I Tkt AutWhn f RUwj Exiculivu, 41 Bntdwy. Niw Ytrt NOlit'K Ol'' UN All ACCOUNT Charles F. Hiown Estate Notice !s hereby given thai tho jndorslgned b.i administrator of I ho estato of Chill ies F. Itrown. deceased. Ii.-ik tiled his llmil account In Hie Countv Court of the State of Oro gon. for Columbia County, and thai Saturday, the Hth day of MJuvl;. 1 920. at the hour of 1 1 o'clock In Hie. forenoon of said day at the Court room of sa'd Court has been appoint ed hv said Court, as the lluio fur tin hearing of objection lo said llnul account and for the MltlMiinnl there of. Hated r.nd HivU published February . I9:'. W. E. CI. A UK, AdmlalHt ralor. J. W. Day Attorney. -12-6t Something the Houl Keeper Needs A nice bread or cake box. We have them in v different sizes, made of galvanized iron, neatly pj or enameled. Our Stock of Groceries js inc iuijjcm nu lsoi Hinicu iii wic city. We wiflV pleased to serve you in your grocery wants. . A complete stock of light hardware, paints and boat ns. tlllH ' Larsen & Co., Grocers Let Us Be Your Grocers You Will Be Satisfied Telephone No. 27 Free Deliver, 0t th GtnulnelTi ' and Avoid rjKT&y , ifaSiCvtftf' Economy VgmEvry Cak i 1 1 u nil Mailt of Hitufr-itn1lrril. M till ltiihhrr hiio ttie vacuum I ra ana are tit I r; t mm inn i::f WWW WWW 7 ?ZA JS. Yon trt 5 in JV. ' ' 'vv Aitual !-rtrriilh S.v In 'rlllnr'r Kill ! IV Tlr. I Miff Of ton briiUfor hltm. uuu U rrUu-rd Irt a Mrlllnirr t ur GUARANTEED ' SOOO MILES Our rrprtm-ntatlvtf will tWl yotl i'.tft MTlnff Tnu make In barUif Mi'ltlnxrr Tlrrs. .VIm auk nmil '',( lovrr I.csf Tiro, qiwl- I Itr tlr at ft Popular Prico. FRED KETEL "Seme Men Don't Know It Yet" says the Good Judge This class ot tobacco gives a man a lot more satisfaction than he ever gets out of ordin ary tobacco. Smaller chew the good taste lasts and lasts. You don't need a fresh chew so often. Any man who uses the Real To bacco Chew will tell you that. Air Up In Two Styles RIGHT CUT is o short-cut tobacco W-B CUT is a long fine-cut tobacn ' - 3 le ties TANK-TYPE TRACTOR 20 Horsepower at the pulley -12 at the drawbar Compact-just what the average rancher wants. But under s small hod a powerful, well-behaved motor. Simple in d'Mgn, lew parts-the power reaches the drawbar with least S" lSS- ,I,,C ('lctr" surprisingly big load-, the correct sped, Cletrac costs little for upkeep. Chip to op-"-te. It does . youP VVorkany timc:an;wcathcP - Lrgc roller track-wheel bearings. Dust-proof motor. "6 W will want these features in the tractor you buy. V hy not have us show you the Cletrac on your own land, doing your own work? No obligation. Alexander Bradley Company 360 E. Morrison . Portland, Ore. Mist Want Ait for Result.