Burlington Hawk-Eye Gazette from Burlington, Iowa • Page 4

Certain Property Losses Not Deductable From Income Taxes, Says Collector H.fniy R. Naumann, federal revenue here, states thai numerous are made by persons when claiming losses that are incurred in th--- of residential properties. A loss on the sale of property pur- cri.i.sed or constructed by the taxpayer for use as his personal residence and -o up to the time of its sale is not deductible, Mr. Naumann explained. Where, however, property so purchased or constructed is prior to nale, rented, or otherwise appropri- to income-producing purposes, and is used for such purposes up to r.hv: time of its sale, a loss is deductible.

The deduction allowable is an mount not to exceed the excess of value of the property at the time i- so rented or otherwise appropriated (with proper adjustment for over the amount real- 1 from the sale. However, in the i oas-i- of property appropriated prior March 1, the loss is an allow- i deduction in an amount not to the excess of the value of the property at the- time it was so appropriated or at March 1, 1913, whichever (with proper adjustment depreciation) over the amount re- from the sale. Kxamplo: Residential property waa purchased by a taxpayer in 1922 for M-- his personal residence at a cost of which $15,000 was )i" t.o the building. The property v. usod by tho taxpayer until 1, 1927.

From that date 31, 1929, tho s'lld. rontod by the MxViycr. The fair rnarkoL value of tiim- it was rented J. 1027, was 522,000. The imsc hu'1 an life of 20 the- propci ty was pur- by tho taxpayer in 1022.

Tho lU'im-itv was on Docouibor 31, Figures Show County Taxes Decrease, Cities Increase DEPUTY GAME WARDEN NAMED tabulations by Theodore W. Schaefer, city assesor, show that while cily taxes have shown a big increase since 1913, taxes outside of citys have shown a greater falling off. For instance in 1913, the assessed vr.lue of real estate in the county outside of the cities and towns was $17,507,128 and in the cities and towns the figure was $16,002,408. In 1929 the assessed value in cities and towns only was $19,461,196 and in the county outside of cities and towns the amount was $14,924,380. The figures prepared by Mr.

Scbaei- er indicate that the taxes In cities and towns have shown an increase of $3,458,788 and the other show a decrease of $2,582,904. Personal property taxes have likewise changed since 1913, Mr. Shaefer's tabulations show. The complete table follows: Real Estate. (Excepting railroads, express, telephone and telegraph companies, etc,) For year Cities and towns only Assessed value, taxable value, per cent, 47.758.

County outside of cities and towns, assessed value, taxable value, per cent, 52,242. Total of both, assessed value, taxable value, $8,376,782, For year Cities and towns only Assessed value, taxable value, per cent, 56.597. County outside of cities and towns, assessed value, taxable value, per cent, 43.403. Total of both, assessed-value, taxable value, $8,596,394. Remarks based on above comparison: Cities and town valuations increased from 1913 to 1929, assessed value, taxable value, increase, 21.614 per cent.

County (outside of cities and towns, decreased, assessed value, faxable value, decrease, 14.754 per cent Personal property (outside of that of railroads, express, telephone and telegraph companies, For year 1913: Cities and towns only: Thomas J. From Des Moines With Appointment Assessed value, taxable value, per cent, 52.441. County outside of cities and town Assessed value, taxable value, per cent, 47.559. Des Moines county again has a deputy game warden. Thomas J.

McMonigle, 2101 Agency street, returned from Des Moines yesterday morning vritfa, his state commission safely tucked away in Ms pocket, dated Feb. 10, on which date he assumed his new duties after a. co iference with W. E. Albert, state game warden.

Because of the Illness of J. B. Watkins deputy of Lee county, Warden McMonigle has been temporarily assigned to double duty and will spend much of his time Lee county. Total- Assessed value, There has been no deputy resident taxable'value, $1,999,673. here for about a year.

Sportsmen For vear 1929' members of the Walton League and Cities and towns only: Assessed others urged the appointment of Mr. value, taxable value, $1, McMonigle and recently Senator per cent, 70.242. County outside of cities and towns: Assessed value, taxable value, per cent, 29.758. Total, assessed value, Clyde Topping interested himself in the matter and the appointment resulted. Mr.

Watkins, who resides in Ft. Madison, suffered the loss of an eye taxable' value, $1,566,350. several months ago while on duty. He above compari- had been working Remarks based on son: City and town personal, increase from 1913 to 1929: Assessed value, taxable value, increase, per cent, 21.665. County (outside of cities and towns) decreased: Assesses value, taxable value, decrease, per cent, 69453.

in a woods near he stumbled, Ft. Madison when splinter piercing his eyeball when fell. Moines county outside 'of Burlington. Wesley E. Carter, Oakvllle, south part of Louisa county, including townships of Elm Grove, Marshall, Wapello, Morning Sun, Eliot, Jefferson.

Harry M. Duncan, Columbus Junction, north part of Louisa county, including townships of Oakland, Concord, Union, Columbus City, Grandview, Port Louisa. Frances McCoy, Washington, city of Washington. Robert C. Ferguson, West Chester, Washington county outside of the city of Washington.

Harry McWhirter, Fairfield, city of Fairfield. John H. Boos, Lockridge, son county outside of FairfieM James T. Whiting, Mt. city of Mt Pleasant.

Emmet R. Morrow, New Loiul Henry county outside of Mt. 1 Walter Beer, Keosauqua. Van Buren county. J- DuRANT ARE NOW ON DISPLAY Edwin I Woellhaf, 29, Succumbs to Illness Of Week's Duration Tho from lor SIG.W.'O.

1 allowable as a is $3,750, as follows: nf propc'riy in aHownhlo in (if the building Ccln- for yoaiv at ha.scd on Sl.S.OOO, cost hjf I Attorneys for Woodmansee File Motion in District Court At Des Moines Dr. Fred Woodmansee, is now in the state penitentiary at Ft. 500 Madison under death sentence, ap- pctiled to the Iowa Supreme court 7 Ji iate yesterday, according to an Asso- i 1 IfToOO cia Prcss dispatch. Motion for I. of prop rented on at time it Jamiiiry 1, Garble new trial had previously been denied G70o' bv Jucl Lester L.

Thompson, Woodmansee is a former dentist of tihs city and of Ft. Madison. He was convicted of the slaying of F. Knap, trunk manufacturer of Dos Moines. Defense attorneys filed the appeal motion in Polk county district court at Des Moines.

IOQT 22,000 Less proper adjustment for depreciation HERE AND THERE Orio trial shows how Hayer Aspirin sore throat; dissolve two tablets In quarter of a plafls of water, and gargle well! Until you've triod it, you can't IIP I vc how quickly you pet complete rt'Hi'f. You've often bet-n advised to gar- Soiling price of property Portion of $6,750 loss which is Edwin John Woellhaf, 29, died at 4:30 a. m. yesterday at the home ofj his mother, Mrs. John Woellhaf, 4311 Harrison avenue, following a brief illness.

He was foreman at Showers Brothers plant a-nd worked until Tucs- day of last week, Mr. Woellhaf was born May 23, 1900, The new Durant is making its offi- Omaha, and had lived in Bur- cial bow to the public beginning today at the show rooms of the Bolick Aulo Brokerage. For the past week the Bolick organization has been busy reflnishing the interior of their showrooms ready for the reception of the new Durants. The models arrived yesterday and were arranged for the special showing yesterday. Everything is in readiness for the public and many hundreds of motorists are due to attend the showing.

Ross Bolick returned yesterday from Des Moines to assist Manager Rost in showing the new Durants to Burlington visitors. Leon Eisfeld leaves Friday morning for Florida where he will enjoy a few weeks. Mr. Eisfeld always has The Hawk-Eye sent to him at his Florida address, and he finds that Hawk-Eyes mailed from Burlington always reach him one day earlier than letters mailed from Burlington. Uncle Sam rushes The auzesTnow 'important this newspaper is to Burlingtonians who are temporarily absent from this city.

19,750 16,000 J. W. McElroy, Robert Rochhold and Al Bentzinger of Iowa Southern 01 1 3 730 Utilities and A Miller t3cduct Dlc I of Westinghouse, attended the elec- i trical convention held tho first two Reverse Decision are so many el In Suureme Court iowa that when All. morc days of this week in Davenport. There are so many electrical men now in they all get together they take more hotel space than there is space, so several Burlington dele- A verdict for Harry Chanen should gates had to return home at the close have been directed by Judge Oscar.

the first day rather than to sleep Hale here last April according to in tfte court house or the city hall. sunrome court decison yesterday in an Associated Press dispatch from Des, A week or so ago a Burlington wo- Molnes man clipped from an advertisement a rriii'i. I'U vc 01 ifii UUMBKU i iteiiieii. for sore throat or toneilitis, but sta te penitentiary at Ft. Madison 101 i 1.

you fidrglc that counts. Gargle isnyi-r" Aspirin, and you get results. Kciil irlu'f, and the infection effectually jvdnred. To break-up a cold, stop neuralgic pains, and headaches from any i-aiiac, physicians say there's nothing than Haver. They will tell you, too.

it does not depress the heart. So v.m'rv safe, if the box says Bayer! All ilruuftlorfs. Aspirin is the trude mark Jiner manufacture of inonoacetic- of Balicylicacid. rhanen was sentenced to 30 days in i sample of wall paper she fancied and iTorp on a charge of and sent it to the manufacturer asking in the concealing of stolen; that a supply of the paper be sent He was alleged to have her for use in papering a room in memorial markers stolen from; her house. She received a letter in nark Clyde Wheatley and Earl reply directing her to Wyman Rand arc mow serving terms in the where this wall paper is on sale.

Tm an other evidence that Burlington stores carry the best merchandise ready for your personal selection and that no matter what it is you want, you will find it in a local store. this theft. Following his conviction Chanen posted an appeal bond and the case was carried to the supreme court. The world has had scarlet snow, which was found to be full of tiny Tadpoles and tiny fishes have descended in many parts of the world, after having first been drawn up, presumably. In embryo form.

BURLINGTON'S GREATEST NEEDS lington for 17 years. On June 29, 1929, he was married to Miss Mildi-cd. Hingst, who survives him. Besides his widow and his mother he is survived by a brother, Erwin Woellhaf of Chicago. Funeral arrangements have not yet been made.

Enumerators Named For Census Taking APPEARANCE PERFORMANCE COMFORT VALUE The public has awaited the appearance of these cars with great interest. People have been eager to see what type of motor car would be produced by the veteran executives who Jast year assumed control of, Durant Motors. Those familiar with the past achievements of these men expected a distinguished contribution to better motoring. And those who have seen the cars agree that even their highest expectations have been surpassed. We cordially invite you to examine them and to experience the pleasure of a demonstration.

You "will appreciate then how thoroughly they exemplify every fundamental of motor car Performance, Comfort, Value. Nation wide Radio Program every Sunday at 7 P- m. (Eastern Time) through A New York and 39 associated stations of the National Broadcasting Company Miss Merta Mitchell, supervisor of 15th district census taking, in a dispatch to The Hawk-Eye yesterday named the persona who are to work on the huge task. The complete list follows: Guy Harris, Donnellson, Lee county outside of Keokuk and Ft. Madison.

Ernest Hudgel, Burlington, Des sman This is just another example of Yankee ingenuity, since it Is said that the factory where the mats are made is located in Connecticut. URAN A GOOD CAR Bolick Auto Brokerage 215 So. Third Street. Burlington, low A Rollicking Comedy of Three Bachelors And a Girl "More factories and better wages are Burlington's greatest needs," according to M. C.

Miller, 3206 West avenue, station master at the Union depot. "Burlington needs to complete the school program and build the new junior high schools as soon as possible," declared Miss Meda Eggleston, teacher In the high school. "Lots of work," answered E. Peterson, South street, laborer. "The greatest need is for higher wages," declared George Weirathcr, 310 Columbia street.

NITY Wasps Lead Bug League Games At 7. M. C. Bees and Spiders 2nd All teams in the Bug basketball league at the Y. M.

C. A. played last night, the games resulting in the following-scores: Hornets vs. Bees, 7 to Spiders vs. Flies, 14 to 0, and Wasps vs.

Grasshoppers, 6 to 2. Standings in the league are: W. L. Just Remind Last Time Tonight Wasps 1 Bees 6 2 Spiders 6 2 Hornets 2 6 Files 2 6 Grasshoppers 1 7 Pet. .875 .750 .750 .250 .250 .125 Elks Shoe Fund Find New Use for Automobile Tires TICKETS-50c A new use has been found for old automobile tires.

The federal government has just furnished the lobby of the Burlington post office with two large mats of rubber and woven wire. Upon a careful examination it was discovered that the rubber part is composed of The Hawk-Eye Song Contest 1 1 Closes Thursday Evening, February 13th, at 6:00 Mail or bring your answer to The Hawk-Eye office not later than Thursday Evening, February 13th.