The Mason City Globe-Gazette from Mason City, Iowa on February 25, 1936 · Page 8
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The Mason City Globe-Gazette from Mason City, Iowa · Page 8

Mason City, Iowa
Issue Date:
Tuesday, February 25, 1936
Page 8
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EIGHT MASON CITY GLOBE-GAZETTE, FEBRUARY 25 J| 1936 1 Mason City's Calendar Feb. 25--Cerro Gordo Young Demo, cratic club dance at Denison clubhouse. Feb. 26-29 --State Junior college basketball tournament at high school gymnasium. Feb. 28--Special U. C. T. teamwork membership meeting, hotel Eadmar. March S--Competitive vaudeville, 8 o'clock, high school auditorium. March 9--School election. Here In Mason City Koads open to Ritz Hotel. Dine and Dance. Music every nite. See the P. G. and B. offer on Better Light floor lamps on page 5. The Rev. Alexander S. Carlson, the Rev. William Galbreth, the Rev. H. C. Brunemeier and the Rev. David L. Kratz returned Tuesday morning from Des- Moines where they went to hear Kagawa, Japanese religious leader, .Monday evening. Civic Orchestra rehearsal Wednesday, 7:30. The Rev. O. Mall, pastor of St. St. James Lutheran church, left ·Tuesday for St. Paul to attend a committee meeting on elementary Christian education. Mr. Mall was chosen as a representative of the Northeastern Iowa conference on the -education committee. Thomas B. Connor of the People's Gas and Electric company will give a lecture and demonstration on first-aid Wdnesday evening at 8 o'clock at the armory for F company of the Iowa national guard. AH guardsmen, as well as the public in general, have been invited to attend. NOTICE High school orchestra concert tonight (Tuesday), 8 p. m., H. S. Aud. Adults 25c, under 12, 15c. POLITICAL ANNOUNCEMENT FOR COUNTY SHERIFF I hereby announce myself as a candidate for County Sheriff of Cerro Gordo County on the Republican Ticket, subject to the decision of the Voters in the June, 1936, Primaries. WALTER D. CONN POLITICAL ANNOUNCEMENT FOR COUNTY SHERIFF I hereby announce my candidacy for the republican nomination for sheriff of Cerro Gordo County, subject to the will of the voters in the Primary Election next June. JAMES C. BUCHANAN AT THE HOSPITALS Mrs. A. M. Peterson, Titonka, was admitted to the Park hospital Monday for a minor operation. Mrs. Tommy Evans, Joice, was admitted to the Park hospital Monday for examination. Mrs. Ed Yezek and infant son, 1430 Fourth street southeast, were dismissed from the Mercy hospital Monday. Mrs. I. J. Brenner, Hotel Hanford, was admitted to the Park hospital Monday for treatment. Mrs. Charles Cady, 114% South Federal avenue, was admitted 'to the Mercy hospital Monday for treatment. Clifford Bankes, No. 42, Lehigh, was admitted to the Park hospital Monday for a major operation. Mrs. Frank Tickal, 835 Fifth street southwest, was admitted to the Mercy hospital Monday for a major operation. L. O. Knudson, Manly, was admitted to the Park hospital Monday for a minor operation. Marie O'Banion, 211 Fourth street southwest, was dismissed from the Park hospital Monday following treatment. A daughter weighing 7 pounds 10 ounces was born to Mr. and Mrs. Ernest Olson, 303 Twentieth street southeast, at the Park hospital Monday. Will Observe Day of Prayer. LIME SPRINGS--The World's Day of Prayer will be observed in a joint service at the Presbyterian church Friday afternoon. The ladies of the M. E. church have beea invited to attend and a quartet from the latter 'will furnish appropriate numbers. COMPLETE Speedometer and Wiper CentralAutoElectricCo. Central Battery Electric Co. New Address--Next to Fire Station GUARANTEED Fireside Fuels Will Give You « MORE HEAT! · LESS ASH! « REAL ECONOMY! FUEL CO. Phone 888 CHRISTMAS SEAL SALE BROUGHT $1,375 IN GOUNT^S YEAR'S PROGRAM TO BE PLANNED BY ASSOCIATION Clinics Held in Mason City But Not in Rural Sections Because of Weather. The executive committee of the Cerro Gordo County Tuiberculosis association at a special meeting held at the city hall Monday evening reviewed the results of the Christmas seal sale and mads plans for the presentation of a program at the annual meeting of the organ- iation to be held soon. The meeting: was attended by Miss Marguerite Pfeffer, Des Moines, field representative of the state association, who reviewed the educational work of the state and national associations and described the programs carried on by various local units. Reports on Sales. Leo Sweesy, who was general chairman for the seal sales, reported a total of $1,375 compared to $1,496 last year. There were still sume .rural teachers to hear from and some seal letters not returned, he said. While the total for the campaign was not quite up to that of last year, there was a slight gain made in the rural districts, Mr. Sweesy reported. Miss Edith May, public health nurse, reported a total clinical registration of 27, with 15 x-rays paid for by the associsiti^*"- Four active cases of tuberculosis have been found, Miss May stated. Clinics Held. Clinics have been held monthly in Mason City, but were discontinued in the rural districts because of roads and weather conditions, she said. A detailed program for the coming year, including recommendations made by Mr. Sweesy for the conduct of the next seal sale, will be presented at the annual meeting. Announcement was made of the state meeting to be held at Fort Dodge March IS and 19. W. R. Hamilton, president of the Cerro Gordo association, has been invited to appear on the program of this convention. -Federal Income Tax- CAPITAL GAINS AND LOSSES N0.17 Section 117 of the Revenue Act of 1934 deals with the manner or method of taking into account in computing net income gains and losses from the sale or exchange of capital assets as computed and recognized under sections 111, 112, and 113. Section 117 (a) provides that in the case of a taxpayer other than a corporation only the following percentages of the gain or loss recognized upon the sale or exchange of a capital asset shall be taken into account in computing net income: 100 per cent if the capital asset has been held for not more than one year; 80 per cent if the capital asset has been held for more than 1 year but not more than 2 years; 60 per cent if the capital asset has been held for more than 2 years but not more than 5 years; 40 per cent if the capital asset has been held for more than 5 years but not for more than 10 years; 30 per cent if the capital asset has been held for more than 10 years. Defines Assets. , Section 117 (b) defines capital assets as property held by the taxpayer (whether or not connected with his trade or business), but does not include stock in trade of the taxpayer or other property of a kind which would properly be included in the inventory of the taxpayer if on hand at the close of the taxable year, or property held by the taxpayer primarily for sale to customers in the ordinary course of his trade or business. In this definition the length of time the asset was held by the taxpayer is disregarded. Section 117-(c) provides the rules for determining the period for which a capital asset has been held and is similar to the provisions of section 101 (c) (8) of the Revenue Act of 1932. These provisions are in general to the effect that, where property is acquired in an exchange and the property so acquired reains the old basis on which to compute gain or loss or where proprty is acquired from another person and the property retains the same basis on which to compute gain or loss as it had in the hands of the person from whom it was so acquired, the period for which the property disposed of in the exchange or the period during which the property was held by such former owner is also to be included in determining the period for which the property is held for the purpose of section 117 (a). Provides Limitation. Section 117 (d) provides a very important limitation affecting all taxpayers (including corporations, except with respect to banks and trust companies), that is, that losses from sales or exchanges of capital assets shall be allowed only to the extent of $2,000 plus the gains from such sales or exchanges. Section 117 (e) provides that gains or losses from "short sales" of property, and gains or losses attributable to the failure to exercise privileges or options to buy or sell property, shall be considered as gains or losses from sales or exchanges of capital assets. J. C.Buchanan Candidate for Sheriff Nomination Served 30 Years as Law Enforcement Officer. J. C. Buchanan, who has been.a. [aw enforcement officer in Mason City and Cerro Gordo county for the past 30 years, Tuesday made -he formal announcement of his candidacy for the republican nomination for sheriff of Cerro Gordo county. His nomination papers have seen in circulation for some time in downtown establishments. Mr. Buchanan served as deputy sheriff from 1907 to 1913 under Sheriff W. A. Holdren. The remainder of the last 30 years have been spent largely in the Mason City police department, in which he has been engaged in various types of work. At present he is doing detective work. Mr. Buchanan has been a resident of Mason City for the past 40 years. His announcement raises the number of candidates for the office of sheriff to five. Harry Sondergaard and Walter D. Conn are other candidates for the republican nomina-*- lion and Cal Dwan and Tim Phalen ' for the democratic nomination. J. C. BUCHANAN JUNIOR CHAMBER PLANS TOURNEY Bowling in 3 Classes to Be Held; Group Hears Talk by Douglas. Plans for a bowling tournament and social meeting for members of the junior division of the Chamber of Commerce were announced at a meeting Monday night in Hotel Hanford. The group will take over the Stoddard alleys Thursday, March 3, this session to take the place of the regularly scheduled March 9 meeting. Bowlers will compete in three classes, good, medium and those who have never bowled before, prizes to be awarded in each class. Roger L/y- ons, chairman of the bowling committee, announced that light refreshments will be served during the evening. The feature of the program was a lecture by Frank P. Douglas on the great Klondike Gold rush. He ex- libited snowshoes, gold dust, skins and other articles of special Interest in the north. Dr. J. B. Houlahan was welcomed as a new member. IOWA GETS U.S, PENSION FUNDS 6,000 Aged Will Be Added to 17,000 Receiving Aid From State. DES MOINES, (M--Gov. Clyde Herring Tuesday announced receipt by the stat.e government of a $548,100 cheek from the National Social Security board for' Iowa old age pension assistance in February and March. The amount from the federal government will add 6,000 persons to the 17,000 now receiving old age assistance checks from the state government in Iowa, the governor said. "And I was glad to note that Iowa not only received the first federal ..government check for this purpose but also the largest," the governor said in making, the announcement. $"50,000 a Quarter. After March the state will receive $750,000 a quarter from the federal government, making a total of $3,000,000 to match dollar- for-dollar the state's old age assistance fund. The letter from the social security board showed federal checks were written for Iowa and two other states within 48 hours after the president signed the bill granting the appropriation. Alabama received $105,000 and Delaware $33,075 as compared with Iowa's $548,100 check. Among the 18 states whose old age assistance programs were approved as eligible for federal aid, Iowa wag granted the largest amount. Washington, with $420,000, was second, and Wisconsin with $393,756 was third. Checks Made Out. Byron G. Allen, superintendent of the state old age pension department, said checks already have been made out for the 6,000 new pensioners and will be placed in the mails promptly. The checks to be sent out to those added will be retroactive to Feb. 1, he explained, and the new pensioners, therefore, will receive the full amount for February. He estimated that with the federal funds available there will be 25,000 persons receiving the old age assistance in Iowa by March 1 and 30,000 by April 1. YOUR IOWA INCOME TAX Prepared for Iowa Daily Press Association by State Board of Assessment and Review. EXEMPTION DATES The personal exemption allowed a taxpayer by the Iowa act, in case the status of the taxpayer changes during the taxable year, will be prorated according to the period during which the taxpayer occupies each status. The exemption for any taxable year in such a case will thus be the sum of (1) an amount which bears the same ratio to $6 as the number of months the taxpayer was unmarried (or if married was not living with husband or wife) bears to twelve months, plus (2) an amount which bears the same ratio to $12 as the number of months during which the taxpayer was. a married person living with husband or wife (or was the head of a family) bears to twelve months. The dependency credit of $2 will be similarly apportioned in the event of a change during the taxable year affecting such credit. ' · . . . . . . . On Fractional Month. . A fractional part of a month will be d i s r e g a r d e d unless it amounts to more than half a mouth, in which case it will be considered to be a month. In no'case will personal exemption be allowed in excess of $12. I f ' a n individual dies during the taxable year, his executor, administrator, or personal representative, in making a return in his behalf, is entitled to claim a proportionate part of the personal exemption to which he would have been- entitled for the full year, if living. In a case where a surviving spouse would file a separate return, only a proportionate part of half of the personal exemption of husband and wife would be deductible from tie tax of the deceased. Is Proportionate Tart. However, if the surviving spouse makes a return for the period following the death of the decedent, the personal exemption will be a proportionate part of the exemption allowed a single person or a head of family, as the case may be. In the cease of a return by a fiduciary for an estate or trust, the personal exemption allowed will be divided as in the case of any other return for less than a full year. Local Townsend Plan Leaders See Larger Clubs After Probe Carl Ingram. Mason City evangelist, spoke of the Townsend plan as one of special interest to youth in an address before the local club No. 1 at the P. G. and E. auditorium Monday night. The plan would make it possible for everyone to benefit from this land of plenty, he said. Lloyd Smith, Forest City, and Verne Mettler, Mason City, touched on the investigation now taking place in Washington, voicing the opinion that this would eventually lead to bigger and better clubs than ever. Bob Burton and "Red" Sloan staged a minstrel skit and Ed Miller, Betty Davis and William Davis, a dialog on "Past, Present and Future." Mr. Smith and A. L. Sherin left Tuesday morning for Des Moines to attend an area Townsend plan meeting. Moving to Burt. STTLSON--Vic Applegate is moving to Burt on a farm. School at Joice Will Reopen on Wednesday JOICE--The local school will open again Wednesday, after being closed a week. Classes were not to be resumed until Monday, March 2, but favorable weather and a replenished fuel supply for the town permits reopening. MILDER WEATHER BRINGS INCREASE IN ADULT SCHOOL Variety of Subjects Being Offered in Special Classes. With milder weather increased attendance is expected at the adult educational classes at the various :ity schools. Classes in economics and public speaking under Harvey Moule meet of an evening usually at the Y. M. C. A. or Lincoln school. Sando VIonteon, the supervisor of the abor-economic and language group lolds classes almost daily at the Y. M. C. A. or Lincoln school. This is an opportunity for Mason Cityans lo avail themselves of the opportunity to study these subjects under teachers who are regarded as experts in their lines. Miss Opal Utter, supervisor of the citizenship division stales there is still time to join the classes and obtain help in procuring citizenship papers. She urges regular attendance at these classes so that students may obtain their diplomas. These diplomas are to be awarded through the co-operation of Judges M H. Kepler and M. F. Edwards, Siipt R. B. Irons and the examiner for this district. Miss Hazel Percy assists Miss Utter in these classes. For additional information on this call, 1517J or 1642. The sewing and craft classes will resume their regular meetings with the following change: The class which previously met at McKinley school Monday afternoons and Tuesday evenings will meet once a week only and then on Tuesday afternoons from 1 to 5 p. m. Other classes will be conducted as heretofore. Help will be given in cutting, fitting, remodeling, buttonholes, finishing and buying as well as individual problems: Pupils can obtain help with menus, food problems and any homemaking problems. Mrs. Helene Amling who is su pervisor of this homemaking group also conducts a class in parliamentary law which is open to all. This group is also changing its meeting night and place to Tuesday evenings from 7:30 till 9 P- m. at the assembly room at the public library. It is stressed that all classes are open at this time to new membership. For. other classes .call Mrs. Amling at 1752LJ. MRSJARSDEN, 61, SUCCUMBS Funeral Services for Manly Resident to Be Held Thursday. Mrs. Loas Marsden, 61, Manly, died at a Mason City hospital Monday afternoon following an illness of about a week. She was born at Scott, Wia, Mar. 5, 1874. Surviving Mrs. Marsden are her husband, W. H. Marsden, Manly; three .daughters, Mrs. Stanley Hanks, Mason City; Mrs. R, G. Norris, Mason City, Wash.; and Mrs. Victor Purington, Mason City; and three sons, Arthur Collins, Madison, Wis.; Delos Collins, Independence, and Olin Collins, Merced, Cal.; and three grandchildren, Lois and Billy Hanks, Mason City; and Jean Collins, Madison, Wis. Mrs. Marsden's mother, Mrs. Minnie Dilley, Excellsior, .Wis., and former husband, Tom Collins, Tevera, Wis., also survive. A sister, Mrs. Lee Aldrich, Hankson, S. Dak., and seven brothers, William and Byron Dilley, Spokane, Wash.; Olin Dilley, Merced, Cal.; Leslie Dilley, Kansas City; Logan Dilley, Beloit, Wis.; and Myron and Malcolm Dilley, Excelsior, Wis.; also survive. Funeral services will be held on Thursday afternoon at 2 o'clock at the Patterson funeral home, with the Rev. David L. Kratz, pastor of the Church of Christ in charge of services. Burial will be at Elmwood cemetery. The body was taken to the Patterson funeral home. Many who s u f f e r from rectal t ro ubles w o u l d quickly seek relief II they but knew or were familiar with modern rectal office methods. Modern rectal office practice cuts the cost, does not cause confinement, 1$ painless, efficient and satisfactory. Dr. R. W. Shultz, D. 0, 218-319-220 First National Bank Building Two Auto Accidents Reported in One-Way Traffic Cut in Snow Two accidents were reported at the cut through snow on North Federal avenue at the intersection of Twenty-fifth street. A car driven by Arvid Eames, Forest City, collided with a car driven by William Martin, Mason City, in a place where there is but one-way traffic due to high snow- )anks on each side. A car driven by Roger Downing, 1146 Bast State street, collided with a car driven by Lois Reindal, Manly, at the same place. Both accidents occurred Sunday evening. Vlid-Week Services at Congregational Church Will Start Wednesday The first of a series of mid-week Lenten services will be held Wednesday evening at the Congregational church. The general theme of the series is: "Questions Folks Are Asking About Religion." The question for this week is: "Of What Use Is Religion?" Supper will be served by the first alphabetical third of of the church membership in charge of Mrs. R. L. Baileyr Guests are asked to make reservations with Mrs. R. F. Clough. Supper will be served at 6:30 o'clock, followed by services, which will be over by 8 o'clock. The sessions are open to the public. Most of Bus Drivers at Fertile Still Use Sleds FERTILE--The Fertile consolidated school opened Monday with a fair attendance, the weather being fine but all roads are not open yet after the terrible storms. Most of the bus drivers are using teams and sleds. Mrs. Huff m. SEXTON--Mrs Mary Huff was taken seriously ill Saturday with an attack of gall stones. DIXIE BLOCK COAL $6.50 Per Ton Exclusive but NOT Expensive. Call us for prices of other Coal. Dixie Block Coal Co. Phone K15 526 Second St. N. W. Service Genuine Carter and Stromberg Parts Battery and Electric Service 110 S. Delaware Phone 319 ANNUAL BUILDING SHOW POSTPONED TO APRIL 14-1.6 Difficulty in Getting Early Shipment of Materials Cause of Change. Postponement of the Building and Home furnishings show from March has been made to April 14, 15, and 16, it was announced. It will be held in the high school under the same plan as in previous years. Announcing of a later date was made because some of the exhibitors had difficulty irt getting materials and it was.felt that because of the late spring an April date would be more satisfactory. ·' Many firms and organizations have already reserved space and three are attempting to get more space than last year. Townsend Club No. 2 Plans Mass Meeting A meeting of Townsend elub 2 will be held at the Y. M. C. A.' Wednesday evening at 7:30 o'clock to make plans for a mass meeting of Townsend plan supporters to be held Sunday, March 1. This mass meeting will be addressed by B. J. Beardsley, Des Moines, who succeeded C. O. Crowningshield ,ag Iowa manager. ' TO BUYERS of PRINTING in Mason City-- Does the continued patronage and friendship of nearly 500 individuals with an annual purchasing power in excess of $250,000 interest you? Members of the Allied Printing Trades Council, their co-workers and families, earn and spend this amount in Mason City each year. You are assured of additional business from these individuals by patronizing any printing concern listed herein, and requesting that the union label be used on your printing. It costs you nothing extra and it identifies your printing as a Mason City product. Increase your own business by keeping us employed. Buy printing at home. Mason City Allied Printing Trades Council SYMBOLS OF UNION PRINTING The follmvlnic Jims win [nrnl«h the Ijnlon l.nlf! on your ITintlns: CKNTRAI, SHOW PRINT CRESCE.NT HUNTING CO. F. W. EGGERS COMPANY KI.IPTO LOOSE LEAF CO. .MASON CUT GLOBE-GAZETTE · SOCIETY BRAND CLOTHES · In Appreciation of Our Railroads It certainly is appropriate at this time to give thought to the efficient manner in which the Railroads served our community during Iowa's 1936 winter, claimed to be the worst in 117 years. Our Railroads, battling extremely cold weather from January 20 to February 19 with minimum temperatures ranging from 3 above zero to 29 below, and snow and wind causing the tallest drifts known in North Iowa in modern times, still worked and fought to maintain normal service. 1936 will be remembered as a vicious, a baffling winter--and January 20 to February 19 the coldest month ever recorded in Mason City. And yet, except for just a moment, it seems, our great Railroads served our community day and night. They toiled and fought sub-zero temperatures, destructive winds and mountain-like snow banks in order to carry the mail, haul the freight in and out of this community, deliver express packages, and to preserve passenger service. S It seems to us that our Railroads made a remarkable and almost unbelievable record during the' dreadful winter which ended last week. We sincerely believe that no group of people ever worked harder to give normal service, than did the Railroad personnel. Surely they deserve a lot of credit for the wonderful service--almost unbroken--during a winter which will go down in history, and will be talked about for years and years to come. So, we sincerely congratulate each and every Railroad officer and em- ploye--for his determination, for his untiring efforts, and for his loyalty to his company's ideal. And we're happy to say /'Hats Off to the Railroads." OUAUTV · J f R V l C t ABEL SO AT NUMBER SEVEN SOUTH FtDEKAl Ht V t

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