The Mason City Globe-Gazette from Mason City, Iowa on March 11, 1937 · Page 26
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The Mason City Globe-Gazette from Mason City, Iowa · Page 26

Mason City, Iowa
Issue Date:
Thursday, March 11, 1937
Page 26
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Page 26 article text (OCR)

TWENTY-SIX MASON CITY GLOBE-GAZETTE, MAECH 11 ·§ 1937 1 ,1 '11 \ \\ ii .s«? BACK RIGHT TO TAX PREMIUMS State Supreme Court Rules * on Iowa Law Concerning Annuity Policies. DES MOINES, (/P, -- The state supreme court ruled that the Iowa insurance premium tax-law permits the state to tax premiums on annuity policies as well as life insurance premiums. In its opinion the court overruled a Polk county district court decision which would have exempted the' Northwestern Mutual Life Insurance company . from payment of the 2% .per cent tax on $209,362.62 in annuity contract premiums. The cgurt held that a phrase in the law imposing an insurance premium tax oh "business done in this state," showed the legislature intended to include annuity contracts. Reverse Former Decision. .In .another of the 11 opinions handed down the court reversed one of its previous decisions. The tribunal granted the state highway commission a new trial of a $7,250 condemnation judgment obtained against the commission in Jasper county by Charles A.- and 'Mary L. Maxwell. . T h e lower court had set $7,250 as the condemnation award for 10% acres of farm land owned by the Maxwells. The highway commission claimed the amount was excessive. Originally the. supreme court upheld the decision, but in Its ruling Tuesday it ordered a new trial because of errors in the lower court proceeding. Miller Appeal Denied. The court denied the appeal of J. D. Miller from a Black Hawk county decision refusing $1,325 damages against the Illinois Central Railway company for injuries Miller claimed he suffered in an automobile-train collision at Waterloo, Oct. 8, 1934. Another Black Hawk county decision upheld by the court denied Rose Thomas of Cedar Falls an injunction restraining the city of Cedar Palls and Black Hawk county from maintaining'an embankment she claimed backed up water on to her land. $97,798 Received by Republican Party in January, February W A S H I N G T O N , (ff)--Johh Hamilton, · republican chairman, reported that the party received $97,708 in January and February. Its campaign deficit was $900,000. "One fourth of our contributions are from women," he added.-"A number of democrats are contributing." Alfred M. Landon, 1336 presidential nominee, sent a check for $1,000 as the first contribution this year. Howard M. Johnson of Pittsburgh g a v e t h e largest amount, $25,000. . , Former Scott County- Deputy Auditor Held by Los Angeles Police LOS ANGELES, Cal., (A 5 )--Harry R. Adrian, 43, former Scott county, Iowa, deputy auditor, was held here Thursday pending the arrival oE Iowa officers who will return him to Davenport. Iowa officers said he was wanted in Davenport on charges of forgery in connection with an alleged shortage p£ $159 in public bidder tax sales accounts. Adrian said he would waive extradition and return with Sheriff Walter Beuse of Scott county. EARL MAY HAS ORANGES For You at LOW PRICES! LARGE JUICY VALENCIAS 1-3 of a 4-5 bushel bag : ONLY Marsh Seedless Grapefruit 1-3 of a 4r5 fau. M£* bag ONLY^ID California Peaches Large, rich, g o l d e n halves . in 25 degree syrup, No. 2y 2 size can -i ic ONLY J.T: Garden Seeds Over $2.00 Worth for Only §1.00 A complete garden seed assortment, including ' your Onion Sets. The choicest and finest new crop, true-to- hame, high germinating seed. ' · ' Now is the time to start your early vegetable and flower plants--tomatoes, cabbage, pepper, asters, etc. Ask for our leaflet "Grow Your Own Plants." It's easy! Seed Potatoes CERTIFIED BLUE TAG EARLY CHIOS and IRISH COBBLERS. Reserve yours now. Per 100 Ibs ONLY $g.70 POULTRY PEAT LITTER Dry and fluffy. Large bale (Regular price t-| nn $1.50) ONLY«M.£IJ SPECIAL FrI. and Sat. Only. · METAL REEL FEEDERS All metal trough.' 18 inch length. Fine Value. -I p ONLY JL«C SPECIAL Fri. and Sat. Only FARM SEEPS Friends, home grown Red Clover is just about a thing o£ the past. I have only about a car left, so reserve yours now. Pay one-third down, balance later. EARL E. MAY Red Clover, home grown Mayworth, extra fancy '. Per Bu. Mayworth Hay and Pasture Mixture, | 50% Clovers ."Per Bu.' ' Complete Line of All Farm Seeds U5 FREE BABY CHIX Given with each 100 Baby Chicks delivered this week. Most popular breeds now available. Listen'to my special farm and gardening programs KMA 10:00 A. M., 12:30 P. M., 1:45 P. M., 7:30 P. M., each week day--WHO 12:30-12:45 P. M.; WMT, KSO 1:45-2:00 P. M. Monday to Friday inclusive. EARL E. MAY SEED CO. Phone 756 EAKL E. MAY, President 26 2nd St. N. E. Mason City MANY BEHIND ON PENSION LEVIES Nearly Half of Employers ' i n Iowa Failed to Pay January Tax. DES MOINES, (/P)--An internal revenue department report ssued by officials here showed learly half of Iowa's employers lave not paid January taxes for 'ederal' old age pensions assessed under the social security act provisions. Department officials s a i d about 24,000 of the estimated 0,000 Iowa employers liable for he tax returns, due March 1, were delinquent today. While the 5 per cent penalty will not be exacted for the first delinquent month, officials said employers will be penalized after March 31. Blames Misunderstanding-. Frank M. Halpin, social secur- ty tax unit chief here, attributed" he "widespread delinquency" to 'confusion and misunderstand- .ng." He said "you must remember that hundreds, maybe thousands, are becoming federal taxpayers for the first time under the social security act." A lot of the confusion, Halpin said, apparently is due to the fact that the social security act also, levies another one per cent payroll tax on employers for unemployment compensation which is payable to the Iowa unemployment compensation commission. T h e Iowa commission announced that the deadline for payment o£ the unemployment compensation tax on 1936 payrolls had been extended to March 22. Give Every. Opportunity. Many of the 4,300 Iowa employers liable for the unemployment compensation tax apparently do not understand their responsibility, the commission said. "But we wish to give them every opportunity to comply before attacking the penalty of one per cent a month." Wednesday 3,874 Iowa employers had paid in a total of 52,186,182.78 in unemployment taxes, the commission said. Employes in all but a few excepted industries are required to pay 1 per cent of their wages under terms of the old age benefit provisions of the social security act, and employers are required to pay the same amount. The act holds the employer responsible for collecting the em- ploye's share of the tax and paying it as well as his own to the government. Kennedy Appointed to Chairmanship of New Maritime Board WASHINGTON, (£)--Joseph P. Kennedy and four others appointed by President Roosevelt to the new maritime commission began preparations to take over the government's latest excursion in ship subsidization. Kennedy, Boston financier 'who retired as chairman of the securities commission in 1935 for a "peaceful life," will head the permanent body. It replaces a temporary commission set up last fall to launch activities under the new merchant marine act. Other appointees are Thomas M, Woodward o£ Philadelphia; Rear Admiral Henry A. Wiley, retired of Haverford, Pa.; Edward C Moran, Jr., of Rockland, Me., former democratic congressman, ant Rear Admiral Emory S. Land of Laramie, Wyo., chief of the navy bureau of construction and repair The positions pay $12,000 a year, "Boiled Water Served Here" Advertised by Cafes at Emmetsburg E M M E T S B U RG--Engineers from the state board of health^department were in Emmetsburg Tuesday investigating the city wel water, condemned recently by the board as unsafe for drinking purposes. Water mains were being flushed here Tuesday and water from faucets in various parts o] town was undergoing tests in an effort to determine the source o: fhe pollution. Residents continued to boil water for drinking anc cafes advertised that "We Serve Boiled Water Here" as local health officials predicted a period of several days before the water supply would be pronounced fit for consumption. Luverne Resident Marries m Indiana LUVEHNE -- Announcement is made of the marriage of Miss Vera Bigings, daughter of Mr. anc Mrs, William Bigings of Luverne to Martin Pierce Sweet, Jr., son o Mr. Martin Pierce Sweet, o: Springfield, 111., which took place March 5 at Christ church, Indianapolis, Ind., the Rev. E. Kings Powell, officiating. ' After the ceremony a wedding breakfast was served at Hote Lincoln. Mrs. Sweet is a graduate of the local high school and finished a course in beauty culture at the Mary Bender schoolin St. Louis She has been employed at the Open Door library, which is under the auspices of the Junior league of St. Louis. Mr. Sweet attended the Washington university After a short wedding trip Mr and Mrs. Sweet will be at home in Toledo, Ohio, where hu is associated with the Ohio Finance corporation. ANNOUNCING Mier Wolf Sons New Clothing Dept March 12 Topcoats In Every lew Spring Style r o / for MEN and YOUNG MEN in the most popular colors and patterns and the finest fabrics are here in every price group. Your Credit is Good at Wolfs MIER WOLF SONS Complete Line of Men's Furnishings Sox Ties Hats Beits Pants Shirts 'Garters 1 Sweaters 1 Underwear and other needs 315 SOUTH FEDERAL MASON CITY, IOWA 7 7 ?'*'T ! s^i : ?^^

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