Logansport Pharos-Tribune from Logansport, Indiana on November 27, 1957 · Page 50
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Logansport Pharos-Tribune from Logansport, Indiana · Page 50

Logansport, Indiana
Issue Date:
Wednesday, November 27, 1957
Page 50
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Fourteen Logansport, Indiana, Pharos-Tribune Expense Accounts Major Problem for Tax Agents NEW YORK (UP) — Many a i duct," said this official. "At the corporation has sought relief from same time," he added, "corpora- j afternoon's program. the heat of taxation by seeking' lions have a wide range of judg-i th« shade of an expense account 'merit as to what expenses are I PEACHES ADD ZIP oasis. j calculated to advance the bu; 3 i- CHICAGO _ To add It remains for our tax collec-, n ?ss. The government has :no tors to police the oasis and adjust • ri =ht to tell them how to spend Logansport GI dent's reception in the Memorial Library. '. Beason Hall will be the setting At German Camp for the First Classmen's dance on: Friday • evening. A horse show byi U. S. FORCES, Germany (AHT the cadet equestrians followed by a polo match will feature Saturday the -shade. j their money. !.'n examining expense accounts, | "/ doubt if we'll- ever reach a the government tries to separate personal and business expenses. It's Jiot easy, especially in the category of "travel and entertainment," otherwise known as "T and E." Some examples: —An aircraft company. in California owns a plane and a yacht. Company officers use the plane for week-end hunting trips. The yacht is used for company • sponsored fishing trips. satisfactory solution to the problem," h'2 concluded. Thanksgiving Program Set At Culver ! CULVER, Ind. — Plans for the , 11957 Thanksgiving . exercises here -A company assigns a deserv-| at Culver Military Academy were ? pvnpmivp in n hranr-li nffifo I , „- _ ' . announced by Maj. Gen. Delmar T. Spivey, USAF (Ret.), superin tendent. The three-day program of fes tivities are again expected to at tract a large crowd of guests who Irg executive to a branch office conveniently located at a resort such as Miami Beach. He spends the winter there. Turns out the branch 'office is a myth. The vacation isn't. —A company pays for an exec- that u d a devjled f f ( , . te ™ d broiled peach as an accompaniment. The deviled ham is mixed with mayonnaise and spooned into the enter of canned cling which -are then slipped peaches, under a broiler for about three minutes. The warm bubblv peach will add to the meal. NO—PFC Merrill G. Neal, son of Hospital Notes MEMORIAL Born to Mr. and Mrs. Charles Kerschner, Logansport, a son; Mr. Mr. and Mrs. Charles A. Neal, 31 i and Mrs. Donald Handy, route 2, Eel River ave., Logansport, Ind.Ja -daughter; Mr. and Mrs. Fran- recently arrived in Germany and I co j s sotfels, 303 B street a daugh- is now a member of the 49th Ordnance Detachment. Neal, an electronic computer repairman in the detachment, enter- ter. Admitted-: Mrs. Agnes Hicks, Bringhurs-t; Mrs. Louella Knight, 128 Minor street; Mrs. Letlie Lash, ed the Army last January and re-| r0 ute 2; Mrs. Nita Lovengen, Tarn, ceived basic training at Fort Ben-, p a , Fla. ning, Ga. ' He is a 1953 graduate of Logansport High School and attended Purdue University and Indiana University. Neal is a member of the Phi Sigma Kappa fraternity. Dismissed. Gary Caldwell, Delphi; Mrs. Nina Hume, 612 Burlington avenue; Mrs. Dorothy Musselman, Lucerne; Fred Pear, route 5; Miss Mary Ringer, Delphi; Harry Stewart, route 3; Frank Walters, 1-330 College street; Mrs. Leona Winslow, Camden. ST. JOSEPH'S Born to Mr. and Mrs. Woodrow Binion, 1428^4 Wright street, a son. Admitted: Newton Bonnell, route Wednesday Evening, November 27. 1937. Prowler Killed by Chicago Heights Cops car nearby. Three packed suitcases in the car indicated, they CHICAGO HEIGHTS, 111. (UP)- !f ' '" ™ "« l ° flc * .is— .-_!.. .-j... -u-4 .. j...-- after looting Police early today shot to death Richard Paske, 27, Harvey, as a prowler in his brother-in-law's music store. the shop. ASSESSOR DIES 2; Ethner Skelton, 326 North! p aske shot and wounded private! NEW CASTLE <UP> - Henry street; Mrs. Patricia Williams, 22'policeman Larry Burgess before j County Assessor Leon Crandall. 57, West Main street; Mrs. Malindaimembers of the regular police Idied in Henry County Hospital I Monday after a three-week illness. Lorraine, wl)0|Crandali, who lived in Henry Chambers, route 2. Dismissed: Mrs. Lulu 338% High street; Mrs. Nola'Long, 208% East Miami avenue; Mrs. Maude Prat-her, Winamac; Mrs. Clarence Pearson and son, 409 High street; Master Loren Artherhults, 182L Smead street; Harry Sylvester, 1401 Woodiawi avenue. iforce arrived. Buck, Paske's sister, lives with her husband James Key-• Counly ^ ]lis ]jf e . wi |] be buried nolds above the store, summoned • police when she heard a prowler. When she learned (hat the intruder was her brother, she collapsed. Police said they found Paske's i Wednesday. A brother. Homer, is Henry Counly treasurer. Read the Classified Ads utive's country club membership, gives him a home to live in, or pays his athletic club dues. Diner's Card Abused Many companies supply their executives witli membership cards in the Diner's Club, a post - war master credit plan now serving more than 500,000 members. Tax agents recently discovered four Mner's Club members who met fc<r lunch every day and rotated the check, charging it off to business. This abuse of a legitimate s<;r,vice is what the tax collectors try.; to stop. No figures are available on just hmv much money is deducted euch year for "T and -E." One study of a medium-size corporation revealed that about one-fourth of 1- per cent of its expenses fell under this category. According to the Tax Foundation; 58,600,000 individual tax returns were filed in 1956, along •with 896,000 corporate tax returns, •for -a total of 59,400.000. Of this total, 4,300,000 returns were examined by the government and 2,400.000 taxpayers were called in to- talk things over. Whopping Extra Revenue will join the cadets in the tradi tional exercises. The Memorial Chapel will be the setting for traditional Thanksgiv ing services Thursday morning Two services will be held, one a 1 9:30 a:m. for the Mounted Ser vices and Fifth Classmen (eighth grade) and their guests, and the second at 11:00 a.m. for the In fantry Battalion. The Rev. Allan MacLachlan Frew, D. D., pastor, First Pres byterian Church, Detroit, Mich, will speak at the special services, The cadet Chapel choir under the direction of Ciaude Zetty will present a special anthem. The Cadet Drama Club under the direction of drama coach Will iam J. Noltner, will present the three-act comedy, "Charley's Aunt". The Fifth Class military review will be a feature of. the Thursday morning program. Cadets and their guests will join in the Mess Hall for the traditions turkey dinner, Thursday noon. Tht varsity football team and coaches will be honored at the annua Thanksgiving Ball Thursday evening where Frankie Masters and The government picked up an j hls orchestra will play, additional $1,100,000,000 from these j An indoor review in the Riding Hall will open the Friday schedule with military exhibitions by the audits. You get some idea of much money is tied up .in "T and E" in a tax agent estimate that about one-half of all people called in to prove deductions have suspicious-looking "T and E" totals. "There must be a business purpose for the expenses you de- Lancers and Four Gun Drill Team precision Mounted Service units, Friday afternoon at 2:45 the elite Infantry unit, Honor Guard, close-order drill. At 3:15 patrons will be guests at the Superinten- the Culver Rifles will present their MOHLMAN'S 'The Price Is Right" Special l)U Oft "THE PRICE IS RIGHT" *3k flgw %to# Spectmhu HOME SHOWCASE come info MOHLMAN and enter your bid on a $10,000 FREE BONUS BLANK Your rigrif bid wins'the complete Home Showcase of wonderful prizes! And/If your winning entry is mailed in on ^xi(W* $10,000 Bonus Blank .. . you'll win an extra dash bonus of $10,000 from ^riJcW BONUS BUNKS MUST BE POSTMARKED NOT LATER THAN DECEMBER 3, 1957 IT'S FUN! IT'S FREE! 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