The Courier News from Blytheville, Arkansas on December 6, 1955 · Page 3
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The Courier News from Blytheville, Arkansas · Page 3

Blytheville, Arkansas
Issue Date:
Tuesday, December 6, 1955
Page 3
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TUESDAY, DECEMBER 8,19OT BLCTHIVILLI (ARK.) COURIER NEWS PAGE THRn fax Policies, Savings Are Keys to Future Growth of Business By SAM DAWSON NEW YORK (AP) — Federal tax policies and the urge of the American citizenry to save and invest may play a large role in setting the pace of the growth ot the nation's ability to produce goods and services. If our living standards are to continue to rise, we'll need more facilities — and costlier ones. Glowing predictions of business expaaslon in the next tew years are often heard these days. But it will tnke money. Corporations cfin borrow from (ho banks, insurance companies, and the like. But these institutions get their money from the savings of individual citizens. Corporations can sell securities lo the public. But this depends upon the yen of Americans to save and to invest. Will Hay Role Corporations can use their depreciation funds or their retained earnings (profits they don't pay out in dividends). And here, federal tax policies will play a. role. ''The corporate income tax is so high now that it plays a large and unhealthy part in virtually all business decisions whether to invest or not to invest money/' a study of federal tax policy by one group in the Committee for Econmic Develpment points out today. "It is capricious in its impact on individuals, .whether they are viewed as stockholders or buyers of the corporation's stock." Only Half CED's businessman group urges Uncle Sam to take only half of corporate companies earnings instead of 52 per cent as at present. Industry's need of new money for expansion are widely estimated. Philip D. Reed, chairman of General Electric, thinks the need will be so high that corporations will have to find a stockholding public of 40 million persons, instead of Paint Incident- Brings Protest LOS ANGELES f/B—The University of Southern California has sent a bill for $583 to its crosstown rival UCLA for damage caused when someone dumped blue paint on USC bandsmen during the schools' annual football game last month. The paint was dumped from atop a Coliseum tunnel as the band passed below. Said UCLA Dean of Students Byron Atkinson yesterday: "The only clue that UCLA had anything to do with the halftime prank Is a Bruin rooters cap." The Associated Students at UCLA, where school colors are blue and gold, say they'll pay only if proof is given. the present 10 million or less. Thomas B. McCflbe, president of Scott Paper, and once chairman of the Federal Reserve Board, guesses' industry will need 160 billion dollars in new public financing in the next 10 years, twice what it needed in the last 10. Buster Keoton Seriously III HOLLYWOOD (fl 1 )—Buster Keaton, 60, the comedian with the dead•part expression, lay in critical condition today in a veterans' hospital, suffering from a gastro-intestinal ailment.- He has been hospitalized since last Saturday. A hospital official said a hemorrhage had been stopped but Keaton has been in a coma part of the time. Bom In Piqua, Kan., the comedian went into vaudeville and came to Hollywood in 1917, rising to stardom in the silent movies. In recent years he has been a guest star on many television shows. Gay Old Blade Now a Patient SAN FRANCISCO WJ — Albert Goudal, 93, who claims service in Indian, Spanish-American War and Mexican^ campaigns, came to San Francfsco Hospital as a traffic casualty. Knocked down by a car, he had a broken arm, a black eye and lipstick prints on his bald head. Explaining the lipstick, he said, "I was just having a nightcap in the neighborhood tavern." WARNING ORDER IN THE CHANCERY COURT, CHICKASAWBA DISTRICT, MISSISSIPPI COUNTY, ARKANSAS Hazel Shinn, Pltf. vs. No. 13,164 Louis S. Shinn, Dft. The defendant, Louis S. Shinn, is hereby warned to appear within thirty days in the court named in the caption hereof and answer the complaint of the plaintiff, Hazel Shinn. Dated this 14th day of November, 1955. SEAL GERALDINE LISTON, Clerk. By DONNA SIMMONS, D. C. T. J. Crowder, Atty. Percy Wright, Atty. Ad. Litem. 11/15-22-29-12/6 CHS QUEEN CANDIDATES — One of th«M four Caruthersvllle High School girls will be selected by out-of-town judges as queen of the school's annual, The Cotton Blossom, in an aa- feznbly at the school Dec. 15. The girls are (left to right) Clara EUen Hicks, senior; Ruth Hughes, junior; Jane Ann Trantham, sophomore, and Kay Burns, freshman. {Photo by Sanders) Another TV Catualty HOLLYWOOD Ml — Add to TV'S growing casualty list: broken kneecap for Patricia Bright, comedienne on CBS' It's Always Jan. She broke it in a fall on a wet sidewalk. The show's producers say she can do her role sitting down the next four to sin weeks. NOTICE OF NEW ESTATES ON WHICH ADMINISTRATION HAS BEEN COMMENCED Notice is hereby given that tile following is a list of estates on which Letters Testamentary or of Administration were granted during the month of November, 1955 with the date of the issuance and the name and address of the administrator or executor: No. 2,349. Estate of Jerry Nolan Sipes, deceased. Letters of Administration issued to Edward Sipes, Apt. 19A Chickasaw Courts, BIytheville, Arkansas, on Nov. 9, 1955. No. 2,350. Estate of Roy Ed- ward Sipes, deceased. Letters of Administration Issued to Edward Sipes, Apt. 19A Chlclc- asaw Courts, BIytheville, Arkansas, on November 9, 1956. No. 2,352. Estate of Grover E. Snider, deceased. Letters Testamentary issued to Dorothy Louise Snider, Manila, Arkansas, on Novembr 16, 1955. No. 4.35S. Estate of Welch Foster, deceased. Letters testamentary issued to Bill Helen Foster, BIytheville, Arkansas, on November 18, 1955. FALSE TEETH That LOOM* N«*d Not Embarrass Muky weana ot Mm teeth haw Buffered ml «niban*sii<n«ctt because ttwlr plate dropped, dipped or "wobbled at jiwt the wrong time. Do aot live la tear ot tbte happening to you. June sprinkle a litu« FASTEETH. th« alkaline (non-acid) powder, on your piatm. Hold f&lM teeth more firmly. BO tbey loot more comfortable. Doe* not sour. Checks "pUtc odor" (dea- tun breath). O*« PAfilXBOH « any Ives Doubtful Any Major Labor Legislation to Be Passed in 1956 WASHINGTON tfpj — Sen. ives R-NY said yesterday he doubt there will be any major labor legislation passed in the next session of Congress. Ives, a veteran member of the Senate Labor Committee, said in an interview he expects President Eisenhower to propose again in his State of the Union message some amendments aimed at "liberaliing" the Taft-Hartley Act. "But when the committee gets around to working; on them, someone is certain to propose an amendment making job discriminatiin on a racial basis an unfair labor practice and the Southern Democrats just won't let anything like that get past them," Ives said. The New York senator added that he believes consideration of Taft- Hartley amendments also would provoke a move from conservative* Gov. Williams 7 Home Guarded LANSING, Mich. UPl — Gov. G. Mennen Williams' statehouse home has been under 24-hour guard since Nov. 26 when a telephone caller twice warned the governor's wife, Nancy, that a bomb was hidden in the building, police disclosed today v Troopers failed to find a trace of explosives in two thorough searches. Mrs. Williams said she could not tell whether the calls came from a man or a woman. The voice was muffled, police quoted her as say ing. in DREIFUS' lyles For Men or Women your Choice OHLY- f = ] 2 brilliant, genuine dia- | g/ monds on either side of ~ the smart birthstonc of your choice. PAY ONLY $1 A WEEK , ii ii i; i rtiarDiai to take away some of the federal government's authority in this field and turn It back to the states. With the situation as it is, I jusc don't see now we can pass any major labor legislation," he said. Jane a Redhead HONOLULU lifi — Movie actress Jane Russell turned up a redhead today for her role as flaming Mamie in "Revolt of Mamie Stover" being filmed here. Riven a red wig, Jane discovered her eyebrows had to be hennaed to match. So she dyed her hair also. WHILE THEY LAST SAVE $89.95 FRIGIDAIRE WASHER Model WV35 at regular price FRIGIDAIRE DRYER Regular $179.95. Match to above washer—buy it for $229 95 $90oo WHEN YOU BUY A WASHER HURRY FOR YOURS Adams Appliance Co., Inc. "We Service What We Sell" 206-208 W. Main Phone 2-2071 No. 3,354. Estate of Idg»r Wright, deceased. Letters of Administration Issued to Miry Lucy Wright, Manila, Arkansas, on November 18, IMS. Witness my hand and sell a« . such Cleric this the 5th day <* December, 1955. SEAL ELIZABETH BtTTHK PARKER, County * Probate Clerk, By RUTH C. BEW, D. 0. COME Hubbard & Son Furniture WITH /v "Gee!"• Take a good look at real good looks! No place but in Oldsmobile for *5fi could you find going-places glamor like this! For here is styling inspired hy Oldsmobilc's exclusive Slarfirc—with the same, sleek, low-cut SnM—a bold m-« airfoil grille—fleel, Keeping new beauty from every point of uew! And when it conies to action, (his ear more than lives up (o its lookft! I'mvrred by the blazing new Korkel T-350 Engine, paired u-ilh thrilling new Jelnway Hydra-Malic* for performance that's [mwcrfully smootb! Make a dale *ilh the ''power personality 1 " of tile year—OldgnioVtle'fl Slarfire-alyled Super 88 for 1956! See your Oldsmohile dealer lodayl *Sondard on Ninety-Eight modeli; opticnol ot extra cost on Super 88 modefl*. tOptional ot extra cost; Safety Power Steering standard on Nirtety.Eiflht modeli. Only Olds lot aH ittta "fenturts of At fittwt" if Rocket T-JM Actmi! -^ DaHi-liupirod AtfftK •A- J«Uw«y Hydr«-M»ti»' 6 "** ! Sinoothnen! Ik- Trmd-l«M4f ImlnHnoK Hr Stnmfef Now Stirtre l*"*l! Itylinj! if Fliirnvty Feitdor DtwgM -^ New tiftty-Ridt Chtsthl * Fatkran-F ... plvt »y»ry odvonctd Pow»r f»atvn\ to IVI I • VISIT THI "ROCKIT ROOM"... AT YOU* OLDSMOIU MALIt'SI • HORNER-WILSON MOTOR CO., 317 E. MAIN Phone 2-2056 — MMAT mrORMANCI! OLDSMOIILI MISINTJ "SAMS IN TOYLAND", WITH OAVI ftARROWAY ANO MNNH DAY! CtMMTMAS IVI ON NtC-TVI —

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