The Courier News from Blytheville, Arkansas on May 15, 1952 · Page 2
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May 15, 1952

The Courier News from Blytheville, Arkansas · Page 2

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Blytheville, Arkansas
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Thursday, May 15, 1952
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Page 2
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YAM TWO BLYTHEVIU.B (ARK.) COURIER NEWS THURSDAY, MAY IB, 1MI Lawyers Told Federal Taxes Place 'Shroud on Initiative 7 .. . By LEON HATCH • HOT SPRINGS, Ark. WV-Arkall-i BBS lawyers were told today that federal Incoitfo tax rates have become so excessive that "a shroud If placed upon initiative and a pall upon enterprise." The speaker wns Leon B. Cailett, Little Rock attorney, who outlined for the opening of the Arkansas Bar Association's annual meeting procedure in income lax cases where the taxpayer is accused of fraud. Called told his fellow lawyers that approximately 55 million taxpayers annually pay at rates rnns- hiif from 23 per cent lo 92 per cent of their income. • "These high tax rates," he declared, "are an invitation to seek ways of legally nvoidir.e tiiem. "Experts" Mood Market " 'Experts' at reducing, minimizing, alleviating or avoiding taxes have flooded Ihe market. Ill-advised schemes to lessen Ihe t'.ix load often resulted disaslrously, leading to the imposition of sanctions (penalties) upon the taxpayers." For this reason, Callott said, law ycrs should be acquainted with Ihe ways In which they may be helptu to a clienl who faces the penalties- prescribed for fraud. And, he added, "such a taxpayer most assuredly should employ ai attorney as soon as he learnes is being investigated for fraud.' Catlett said that an attorney in i lax fraud case must lie authorize' to practice before the Treasury De partment. Upon request Ihe author zation Is issued without examlna lion to any lawyer in good standing he said, but "there is a charade Investigation which serves to pr tect the client against dishones representation." Two Types of Fraud The speaker pointed out thn there are two lypes of fraud pcna ties: civil fraud penalties and crim inal penalties for tax cvasio; Criminal prosecution docs not licve the taxpayer of necessity paying' the civilly-imposed perm lie's. After outlining Ihe various step in bolh types of case, Catlelt di clared that "I cannot emphasis sirongly enough that counsel for taxpayer charged wllh fraud shovi' nsk to be heard each time the cus is reviewed by a .different governmental branch or department." Civil procedure In Income tax cases from the viewpoint of the collector was reviewed by- Lawrence B. Sullivan, Little Rock, an Inlernal Revenue agent group chief. His talk preceded that ol Catlett. Committee reports were to be heard this afternoon. The Association's Junior Bar Section w»ST«<itoedulcd to elect officers »nd'toybld ttTorurn on the - approaching presidential race with representatives of several canrtl dates for the Republican and Democratic nominations taking part. I'lUST <MT> roil STUDENTS—Three Junior high school students are given first aid in North Little Rock, Ark., as thf-y lie sprawled on a curb. All were Injured when a car Jumped the curb after an accident at a bus stop at which the students were waitaig. Four other students, passengers In the autos Involved in the accident, also were Injured. (Al 1 \Vircjiliolo) Arkansas News Briefs— McMath Accused of 'Polities' n Denial of Extradition Plea ny Tht Aunclalcd J'ress MEMPHIS—The "hot governor's race" in Arkansas was blamed yesterday by a Memphis detective chief lor the denial of Tennessee's plea for extradition of Eugene Klnncy ol Clarendon, Ark. Detective Chief M. A. Hinds hurled charges of "playing politics" at Arkansas Oov. Sid McMath. The 30-year-old Kluney Is'wauled In Memphis on charges of larceny and fraudulent breach of trust . "It ju.st verifies information we received before the hearing that the decision on the case was already made because of the hot. governor's race." Hinds said. He dkl not elaborate. Hinds said Commissioner ol Public Service Howard Gladden presided nl tile hearing in Little Rock. He added that Gladden telephoned McMath's office lor a vtrdlct, and then denied the pica. Arkansas trawberry Report— Gum Springs Moves for Aluminum Plant ARKADI3LPH1A—TliR Clark County community of Gum Springs was moved Unlay to make room for a now aluminum plant. KifOHcen homes, n church, a school, a lodge hull HI id 100 coffins from a cemetery were moved tx> a new townsitc n half mile west of the old location. Reynolds Metals Company v:lll build the plant nt Gum Springs. About 20 families movnd to the new site. The remaining 10 fa mil- its indicatec! they v.uuUi jnovt elsewhure. Negro College Ends Year with $3,014,454 Assets LITTLE RCCK—Arkansas' only institution of higher learning for Negroes enuc-cl last fiscal year with assets totaling s:!,014.45J. Slute Comptroller Lee Hoy Beasley said yesterday that an audit showed Arksn-as A. M. fe N. College at Pine Bluff had $2,504,447 in Us .plant and $1.425,0(18 available for new construction at the end of the year. Plumbers Quit To Halt Work On Hospital FT. SMITH. Ark. W)—A wnlkoul of AFI, plumbers nt two hospital const ruction projects here nil but halted work on the Jobs today. Members of Local 29, AFI, Plumbers find StenmfittOLs Union, left work at the Sparks Memorial Hospital Monday and SI. Edwnrds Hos- Ital yesterday. The union declined o comment on the walkouts. Vail Cheek, manager or a, W. Ihlrley & Soixs, plumbing con- ractors on Iwth Jobs, said the walk- uts apparently were the re.suH of plumber being Itvtrl off nt the Sparks Jab. State Chicken Prices Remmn OBI Way 'Up' LITTLE ROCK r,V> — Arkansas chicken piices still are mi their way nj>—appnrentiv as th- v-iilt of producers withholding from the mrukC't. Bids to Be Taken on Jefferson County Road Work LITTLE ROCK—Bids on 4.284 miles of grading and bridge work in Jefferson County will lie received May 28 by the State Highway Department. The Department yesterday asked for bids on the Altheimer relocation road on Highway 79, a federal aid project. The job includes three concrete slab bridges and minor drainage structures. And wholesalers say they arc caught m u squeeze. Broiler prices rose four to seven Icntly fluctuating market appnrent- ly recovered from last, week's price break that Ihrcnleiiert to put small [ birds \ Northwest Arkansas growers out of j business. Prices dipped as low ns cents last week, and producers claim they must get 25 cents a pound to break even. I Rend Courier News Classified Ads Fire, Water Claim Three Arkansas Lives By The Associated Press Dnnvnings and n fire cUlmcd three lives in Arkansas Wednesday to raise the violent death toll for the week to live, While Mrs. Donald Brewer near Lepanto \vas returning a borrowed lawn mower to n neighbor her farm home caught fire took the lite of her 9-months-old baby Wednesday. The fire apparently slatted fro a cookstove in the Kitchen. Cross County Deputy Sherif Charley Knssinger said Bobh French, age unnvnil.blc, of Harris bur? 'drowned Wednesday while nt tempting to swim n Inrpfi dratnap ditch near Wynne, Ark. The youtl n high school senior, was on a da. 1 picnic when the accident orcurrec Harold Robhins, 17-year-okt Mnl den, Mo,. high school jimlnr ri. ed Lite Tuesday U'hen he b exhausted i>nd sank at Lake Corning, Ark. cents yesterday, rendiing 29 and 30 cents a pound. Thus, the vio- Turk Thoroughbreds BAGHDAD, Iraq <AP>—The Tr government has agreed to expo 500 thoroughbred horses lor use by the Turkish army, the newspaper Lewa Al Istiklal reported. FAYETTEVILUE, ArV. Wl — rkanias strawberry report for rawford area: Weather clear and warm; haul- njf light; demand fair to good; p'-ket steady. Prices lo growers 24 crls Blakelores: OS No. 1 $S.OO lo 16.00; apped berries per pound 18 cenls. hipments; Truck 6 cars. Sprlnfjdale area: Weather clear and warm; haul- ng light; demand good; market teady. Prices to growers 24 crts Blake mores: US No. i $7.00 to $8.25; US Comb S7.50 to S7.15: US No. 2 6.50 lo $8.00; unclass 1.25 to 7.50; ungraded 5.50 to $6.50 Shipments: 6!'2 cars. Other Northwest Arkansas point: Weather .-leaf and warm; hai ng light; demand good; marke steady. Prices to growers 2-1 erts Blake mores: us NO. i $5.on lo $7.50: mosii: S6.00-6.50; capped berries per ponn. 18-19 cents. S'llniwiils: Truck 7!i cars. Bafd Knob area: Weather cloudy and mild; haul S light; demand very good; mar ket stronsf. Prices to grower.s 24 erts Blake mores: US No. 1 SS.75 to S'1.70: US Com S0.50 to $7.40; US No. 2 Sii.40 to $7.35; unclnss li.50 to ST.00: un- graded 5.25 to 6.65: mostly S5.25-5.75. Capped berries per pound 18-19 cents. Shipments'. Truck 9',i cars. Marshall area: Weather cloudy and cool: hauling heavy; demand good; market stronger. Prices to growers 24 crts Blake- nores: US No. 1 W.60 lo $9.00; US Comb 7,60 to W.OO; US No. 2 .W.OO to 8.00: unclas* ».BO to W.SO ly 6.00. Shipment*: Truck llVi CAREY it Don't Just it! JOE ATKINS MACHINE WORKS COMFLITI JHIII MITAl *MOP (TtucTuiAL snn. • o*» AND IUCTIK WILDINO • OIN III PAIRS • ILACKSMtTH- INO • HAKDWAM • MACWNI KIPAMS BLYTHEVILLE, ARKANSAS PHONES: Day 3142; Night 6153 Tt takes about 1.000 full-sized co- Courier News Classified Ads. cnnuts to produce 25 gallons of oil. LOW PRICES! airy nylon mesh New 665 Arkonsons To Face Ds-cft LITTLE ROCK M', -Six hundred and 05 Arknivsarts will bo called for pro-induction physical c^p.min:iUon into the nrmed forces in .hilv. ?nys Ma). Carl Wells of Selective Service. Wells said yesterday tliat S03 men will be inducted. IOOK. TOR THE RED BALL TRADE MARK Cool ci they com* , . . and go on lh« ligM Duo-ro^lura ploKc/mi and lolei moan day-long ton'fcrf fcr buiy fe-et. In o tribes of bcau:;fo[ co!or» lo higWila Girl Takes Long Trip DAWSON CITY. Y. T. i,l r >— Port Fay Callison. 9, macio a 2,GOO-]nilc round-trip visit to Edmonton for a reunion with her old friend, nine- year-old Patricia Duncan, who formerly lived here, ONK STOP SHOE SKKV Ilrrmirmi; — Cleaning — l)\ci Y>\ \V Main Dial SAVE MORE TOMORROW AND SATURDAY! ^ «. OPPORTUNITY! SAVE ON SHORT LENGTH RAYONS 50%,, Your opportunity to scoop up the newest rayons at savings! 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Vivid Hawaiian prints, popular new short length . . . easy- lo-wear, and so becoming. Lots of robe for so little! Washable, no-ironing plisse in vivid new colors. 10 lo IS. OPPORTUNITY! Fitzpatrick Jewelers 122 \Vest Main Street — Phone 272S "It Takes Only 3 Minutes To Open a Charge Account' SOLID COLOR HATBOXES 14 590* size Jl7W Sturdy, lightweight, easy to carry! Handy z.ipper hatboxes in three sizes . . • 14" size has inside mirror for convenience! Choose red, navy or green water- rcpcllcnl fabric, with lus- trons rayon lining. 12" size .' . . . 4.98* 16" «i« .... 6.69* * rim Kfd. Tat '•OiDF.N JUBILII YEAR-1901-1951 SAVE ON BED PILLOWSI 1.00 For your summer cabin! For guests! Just when you need them most, Penney's finds you good, soft bed njl.lows ... at a savings! fl'umply filled with chicken feathers, covered in king-wearing blue and white striped ticking, they're unusually good values at this low, low price! 16"x24" «ize!

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