EASING THE BURDEN
OF STATE TAXATION
Banker Pointe Out Benefits of
Community Property Sys
tem In Some States.
immunity from state InheritanM
taxes likewise now extends to ’com
munity property’ of non-resident mar
ried persons, who hereafter take up
their legal residence In the state.
This puts ’community property* In a
more favorable position regarding
death taxes than exists In any other
state In the Union, with the possible
exoeptlon of the other cpmmunity
property states. This extension of ths
exemption will add 15 per cent to
property In the state coming under
this deflnlton. which means that ap
proximately 80 per cent of all prop
erty probated In California will enjoy
the lightest death taxes tn America.
"To illustrate. the following exam
ple of a man survived by a wife and
two minor children Is computed, the
estate consisting of ‘community prop
erty’ all left by will to the wife and
children. One-half of suc|i property
would go under the law to the ylfo
without any death taxes, and the
other llalf only would be subject to
both state Inheritance And Federal
estate taxes.
"As a enblect of comparison, take
a elite which ha« no*Inheritance tax.
■neb as Florida
If the com parison
were made with the states which Im-
pose inheritance tax«« hut do not have
the ‘community property' system, the
advantage tn favor of California would
even be more striking
Salat« of 1100,000
Total Tax
Favorabia aspects of tax systems
are now among the most highly prised
assets of our states, it is pointed out
in the American Bankers Association
Journal In connection with an article
on how California, which has never
had a state income tax, cuts state
and Federal death taxes nearly In half
by the "community property" system.
L. H. Roseberry, Vice President Se
"If the two children were adult«.
curity Trust and Savings Bank, Los
the California tax would be Increaied
Angeles, author of the article, says
that's Hfcent amendment to the tax
law enables future residents, of the
state to take advantage of 1L Ref
erence is made to a former article by
Assistant Secretary of the Treasury
Dewey, voicing the need for death tax
reform and citing a hypothetical case
involving California inheritance taxes
which might have been levied In 1920.
Since that time the laws bare been
¿hanged, Mr. Roseberry deciares, so
that the figures then given do not
correctly represent the present sltua-«
tlon. He aays:
"Ever since its admission Cal I for
nta has had-the ‘community property1
system. Eight other states have a
similar system. ‘Community proper
ty* is property accumulated by mar
ried persons during their marriage,
exoept that which is acquired by gift,
bequest or Inheritance. Approximate
ly 55 per cent of all property In tho
state is ‘community property.* Such
property in California enjoys the moat
favorable position In regard to death
taxes, both stats and Federal, of any
stat?, tn the Union (excepting posal
bly the eight other states having a
similar property system) including
states boasting of no Inheritance tax
whatever. The California ‘communi
ty property' system Is recognised for
the purpose of levying Federal estate
takes, and only one-half of It Is now so
taxed, while tn Florida the whole es
tate of a decedent Is subject to tbe
Federal levy.
How the Lew Works
"California's taw expressly provides
that upon the desth of either husband
or wife, testate, only one-half of their
net ‘community property* shall be
subject to Inheritance taxes. The
seme exemption applies upon the
death of the hueband. Intestate, while
the whole net ‘community property' Is
totally exempt from all state tnher
Er * ! F »
ází
jp
itance taxation upon the death of tho
wife Inteatate. The Federal estate
tax taw now follows precisely the Cal
Miss Mildred Couch placing the last of the signs outside of Washington
ifornia taw In this respect.
to guide the huge caravan of thousands of cars on their wn.v to the capital
"As tho result of an amendment to atteud the Muctube** annual convention.
•
r
made to the California Inheritance
tax law by the 1925 Legislature, thia
DR. ELLA WIGHT
DR. C. J. WIGHT
S. WELLS
Calfforhla
. .................................
None
Non-lnh.rltanca-tax »late
....
15 >0
Advantage In favor of Calf.
fornln ...............................
M*
Eatat. of 9200.000
California
..
....................
»0»
No-inh«ritanc«-tax alate.... ..
5.000
Advantage In favor of Cali
fornia ............................................
».09»
■ etate of 5400.000
California ........................................
• T79
Non-lnherttance-tax »tats...........
11.000
Advantage In favor of Cali
fornia ........................................... . 9.120
Batata of 910.000.000
California ....................................... lll49.ll*»
Non-Inheritance-tax etate........... 1.K41 5<>0
Advantage In favor of Cali
fornia ........................................... 1.294.»4»
MERCHANT TAILOR
Cleaning and Pressing
Repairing and Alterations
I
:
We CaU for and Deliver Within
City Limits
i
CHIROPRACTORS
Rheumatism
Neuritis
! Stomach, Liver and Intestinal
Troubles.
Delayed Menstruation
-
r
Bridge Street
MAIN 891
DR. H. H. HURLEY
Dentistry
:
Vernonia, Oregon
Evenings by Appointment
Q\>Hall
every
Second
and
r
Fourth Thursday nights.
WANTS and FOR SALK
M. D. COLE
Wm. Folger. Master.
O. F. TIPTON, Sec,
Visitor* Welcome
All ads. under thia head »re cash
with copy. Rates, one cent a word;
initials and figures count as words.
Minimum, 25 cents an issue.
.■■■' J
■■
'■'TJ
i.
DENTIST
Vernonia,
<__________
FOR SALE
L O.O.P.—V ernonia L odge , N o . 246.
FOR SALE—PERRENN1ALS FOR
meets
every Tuesday night at 8:10
Fall planting, potted plants and
cut flowers.
tome select your o’clpcjc, in Grange Hal!
Dahlias for spring delivery. Rock
M. L. GAINES, Noble Grand
Creek Floral Gardens,
Mrs. W.
P. O. Mellinger Secretary
J. Gooding.
7-4**
Lester Sheeley
Attorney-at-Law
Vernonia,
--- ->
Wheat crop on Gore ranch, near
Jacksonville, threshed 70 bushels
per acre.
will eat more
for breakfast
if you make toast taste
better.
With a Manning-
Bowman toaster you
make two big slices of
toast— quickly. You
get that crunchy crust
of even, golden brown,
that makes the first
bite taste like more.
The Manning-Bowman
toaster is made to fit J
the bread—you don’t fJ 1 V Mcans •
B Be st >
have to make the bread b
fit the toaster.
It is toasting bread on both sides at once—You
One style reverses
the toast—an appre
simply drop a slice of bread in the toaster-and save
ciated convenience
the bother of turning it over.
every time you make
____________
It makes the best toast you ever tasted—an even
and eat more toast.
Mrs. M. N. Lewis & Co.
Fourth & Main Sta.
Hillsboro
Opp. Gilby Motor Co. on Bridge
street and Grant Ave.
The
The aides lift right off the
toaster. Crumbs and dust may
be
swept
out—It’s
easy
to
Two heating elements—both
It is finished in Manning-
Bowman nickel plate and or
It makes a finishes slice of
sides of the bread toasted to-
toast in 52 2-5 seconds. It’s
gether.
fast!
LARGE SUE
AUTOMATIC RELEASE
You
never
have
bread to fit this
to
cut
toaster—It
Press a cool button at the
end of the toaster
and
CURLEY’S TRANSFER
COMPANY
Local Hauling and all kind*
of team work
Office at Kavanaugh Land Co.
SPECIAL CARE WITH
_
FURNITURE HAULING
Phone 563
Res. Phone 658
Vernonia, Oregon
V
7
SEE THE
VERNONIA TRADING
COMPANY
for
Dupont Explosive« and
Blasting Accessories
toast pops out at the top—It’s
perfect table setting.
real big loaf.
convenient.
Company
In Vernonia
Electric Ranges, Sweepers, Sewing Machines. Toasters, Iron and
other appliances, Electrical Wiring.
YOU get all details better by selling the car, hence
our invitation to you to call—See this New Chrys
ler perform.
Feed, Grain and Hay
BRICQUETTES — Best heat, no
ashes, lasting. Just the thing far
incubator heating.
the
takes a full sise slice from a
ower
is a winner. It is dou btful if any new car has ever
been forced to meet such an avalanche of buying
orders.
>
Lisse, Brick, Plaster, Cessewt
namented with a simple relief
design—It harmonises with a
^emonia
Vernonia can See the Chrysler Demonstrated at
the Monkey Wrench Garage.
The Chrysler Four
clean I
BEAUTIFUL
Chrysler
CAR ~
Vernonia
------ /
■”.....
o
t
b* EEL)
Catering to the traveling public.
You will be cared for at the
Nehalem Hotel
Like a Sensation
ACTION?
TOAST BOTH SIDES
Newly Furniriiel Throughout
Modern and Convenient
farm has two
that will pay
Wm. Pringle, Prop.
<--------------------------------- -
DOUBLE
SANITARY
Oregon
I
i
Gresham— Local factory putting f Warrenton—Warrenton Clam Co.
out superior new washing machines will pack 400 cases clams this year.
Features That Are
>
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crisp golden crust with the moisture all rtained in the centre.
Oregon
Knights of Pythias. -
y
FOR SALE—One team, three years
H arding 1 x > dge , 116.
old, bridle broke. WiU weigh 26
Vernonia, Or. — Meets
to 28 hundred. Price >200.00 Call
every Monday night in r
Grange Hall. All visit
at A. B. Counts place, 2 miles
GEORGE H. SHINN
ing brothers cordially
from Vernonia on Rock Creek.
President
invited.
5-3t Chas. Mellinger, C. C.
Columbia Co. Abstract
J. B. Wilkerson, K. of R. S.
Company
FOR
SALE—Choice corner
on
Bridge street, some terms. E. S. j
St. Helens,
Oregon
VERNONIA GRANGE
V_________ __ ___________________ X
Cleveland
45-tf!
The Vernonia Grange meets on th
second Saturday of every month st r
WANTED
7:30 P. M. Any members of th
Chamber of Commerce
Grange living in or near Vernonia
WANTED— Old cotton rag* at the
or visiting in the community, are
Eagle office, must be clean, cash
-LUNCHEON-
cordially invited to attend.
paid.
40-tf
First and third Wednesday noon
F. E. MALMSTEN, Sec
of each month at
Clatskanie—Contract let for new
Quincy school, 'to cost >10,183.
r
•\
HORSESHOE CAFE
-----------
I
“MARK EVERY
Sutherlin—A. C. Brown received
All members turn out
GRAVE”
>936 net for one ocre of pepper
Visitors welcome
mint.
I You will find at our shop the
L. R. Gilchrest
Lester Sheeley
President
Medford—Last wooden buildin on
Secretary
finest granite. "Rock of Ages,’
Main street being replaced by mod
and
"St.
Cloud,” “Ashland,”
em store.
granites
and
various
other
marbles.
(
La Grandt—O. W. R. A N. rail
aLookI
Lie tea I
road to spend >100,000 on track im i
Reduction In Price«
provement near here.
—For Sixty Day«—
NEHALEM HOTEL
Reedsport—Filling in city streets
Rainier—Knutila
•under >100,000 dredge contract in acres string beans
progress.
>325 an acre.
WHAT IS
i !
Office c««r Halton’s Store
Vernonia,
Oregon
Vernonia Lodge, No. 184 A.
F. 4 A. M., meets at Grange V
Classified
Advertising
Hutting Up a Sign for Maccabees
Make Toast
Your Breakfast Food
and X-Ray
:
■O—
C. Callendine
MONKEY WRENCH
GARAGE
—Warekousa South of Pup e t
Vernonia Trading Co.
Wholesale and Retail
Vernonia,
Oregon
........................
-V
"Higher and higher building* and
ever greater concentration of busi
ness are not so much monument*
of business enterprises as they ar*
symptoms of economic waate.”—
Harlan Bartholomew, city plan *n-
ginaer of SL Louis.