Morgan disclosures reshape taxes and banking law debate
Washington notes the Senate Banking and Currency Committee inquiry into J P Morgan & Co signals broader tax reforms. Morgan says he and partners paid no US income tax in 1921 and 1922 despite large 1929 taxes, while losses from securities allowed deductions under US law. The article contrasts US and English tax rules on capital losses and gains as the government seeks new revenue to service $3 billion in new bonds.
MENTIONED IN THIS ARTICLE
Washington, D. C
J. P. Morgan & Company
Senate Banking and Currency Committee
Morgan
United States
Charles G. Mitchell
National City Bank
Mr. Morgan
England
Death of William Hobbs Aged 6 in New Mexico
The death of William James Hobbs six year old son of Mr and Mrs R G Hobbs of Hobbs Grocery occurred at their home around 9 pm Tuesday. He relapsed from influenza and grew ill again Sunday noon after seeming to recover. Burial was at Anchor New Mexico former family home on Wednesday conducted by Rev Jordan of Carrizozo. He is survived by two brothers three sisters and his parents. Community expresses sympathy.
MENTIONED IN THIS ARTICLE
William James Hobbs
R. G. Hobbs
Hobbs Grocery
Ancho
N. M
Jordan
Carrizozo
Hobbs
Alamogordo and Roswell Golfers Tie in Intercity Match
Roswell and Alamogordo golfers battled to a tie at the Ruidoso course as the sun set behind Lincoln Peak. Each city used 16 players in the 18 hole match on the Raidoo course, the first in a series expected to spark future southern and eastern New Mexico match play.
MENTIONED IN THIS ARTICLE
Roswell
Alamogordo
Ruidoso
Lincoln Peak
Old Baldy
Nicoswell
New Mexico
Tax Sale Law in State Supreme Court
SB 144 the delinquent tax collection law is before the New Mexico Supreme Court after an appeal of District Judge Harry L. Patton's ruling upholding the measure.
MENTIONED IN THIS ARTICLE
Supreme Court
Santa Fe
Harry L. Patton
Literature drive for Sacramento Forest Camp boys
The Alamogordo News reports Camp boys from Sacramento Forest Camp request reading material for leisure time. Local boys feel literature is lacking and offer thanks for old magazines, newspaper sections, and story books donated via Miss Riley Roberts at the Chamber of Commerce office until forest officials arrange delivery.
MENTIONED IN THIS ARTICLE
Alamogordo
Riley Roberts
Chamber of Commerce
Town Hall
District Court Opens Here June 12 With Judge Frenger
Otero County District Court will open here on Monday June 12 and be presided by Judge Numa C. Frenger of Las Cruces. Civil and criminal cases for Otero County are set, plus a Las Cruces suit for $50 000 by Ellis Mayfield against Mrs J W Crowdus over a January automobile accident that killed Mrs Mayfield.
MENTIONED IN THIS ARTICLE
Otero County
Numa C. Frenger
Las Cruces
Ellis Mayfield
J. W. Crowdus
Attorney General To Rule On Referenda In New Mexico
Santa Fe June 5 Chief Tax Commissioner Byron O Beal asks Attorney General E K Neumann for relief or recourse against revenue measures of the 11th legislature Neumann will state petitions were illegally accepted and cannot block laws Some measures cannot be challenged by referenda due to constitutional constraints Beall warns of chaos in tax collection budgets and questions whether to collect under SB144 or the 1929 law Delinquent tax and other taxes face legal questions as court action may be needed to resolve conflicts
MENTIONED IN THIS ARTICLE
Santa Fe
N. M
Byron O. Beal
E. K. Neumann
Neumann
Beall
Marguerite P. Baca
Names of 1000 suspected gold hoarders released
Washington June 5 1933 More than 1 000 persons suspected of hoarding gold face federal probes after Attorney General Cummings released a list drawn from treasury bank records. Investigators will question listed individuals about current gold holdings and warn of penalties up to 10 years in prison or 10 000 dollars. Gold returned to government totals 4 315 billion with 746 375 million turned in since March.
MENTIONED IN THIS ARTICLE
Washington
DD. C
Department of Justice
Cummings
Department
Roosevelt
Treasury
Danz Plans Fruit Land Purchase Near Alamogordo
Eugene P Danz of Los Angeles California expects to visit Alamogordo within six months to buy a section of fruit land. He plans to purchase land located from three to fifty miles north of town.
MENTIONED IN THIS ARTICLE
Eugene P. Danz
Hobart Blvd
Los Angeles
Calif
Alamogordo
Mr. Danz
Pottery Exhibit Planned by La Luz Clay Co
The La Luz Clay Products Co will place pottery in the Chamber of Commerce office soon for exhibition. The display aims to showcase local ceramic work and attract visitors to the office.
MENTIONED IN THIS ARTICLE
C. of C
la Luz Clay Products Co
C of C
Visitor from Alamogordo Plans August Trip to Old Town
C. A. Massey of Maryville Tennessee, a resident of Alamogordo for 25 years, will arrive in August to visit relatives and survey changes in the old town he once called home.
MENTIONED IN THIS ARTICLE
C. A. Massey
Maryville
Tenn
Alamogordo
Lost bag with M L A initials and UNM stickers
A bag with M L A initials and UNM stickers was lost between Alamogordo and Tulareosa last Sunday around four o clock. Reward offered. finder asked to return it to the C of C office at the Town Hall.
MENTIONED IN THIS ARTICLE
Alamogordo
Tularosa
C. of C
Town Hall
White Sand Shortage Prompts Sand Donation Request
The C C office reports its White Sand supply for paperweights is exhausted and asks a picnic group to spare time to fill a sack with sand for this purpose.
MENTIONED IN THIS ARTICLE
C. of C
Local resident seeks descriptive literature for section
J A Womack of Equality Illinois writes for descriptive literature and general information about this section of the country seeking details and materials.
MENTIONED IN THIS ARTICLE
J. A. Womack
Equality
White Sands Gaining Popularity in Advertised Hype
The Great White Sands draw growing interest as eastern travelers pass through Alamogordo and seek White Sand souvenirs. Denver Post pictures and letters from White Sands enthusiast Tom Charles spark curiosity and sales.
MENTIONED IN THIS ARTICLE
Great White Sands
Alamogordo
Denver Post
Tom Charles
White Sands
White Sands Paperweights Sent to Radio Stations
White Sands paperweights will be sent to three radio stations to promote the product once the supply of White Sand is replenished.
MENTIONED IN THIS ARTICLE
White Sands
Elm seed donation seedling surplus for town beautification
Mr Small of the N M School for the Blind donated Chinese elm seed. Not all seeds have been given away and there are plenty left for residents interested in beautifying the town.
MENTIONED IN THIS ARTICLE
Small
N. M. School For the
Optical specialist to visit Alamoogordo for glasses fitting
W H Broaddus optical specialist will be in Alamoogordo at the Drs Evans and Simms office on Thursday June 15, Friday June 16, and Saturday June 17. Glasses fitted during the visit.
MENTIONED IN THIS ARTICLE
W. H. Broaddus
Alamoogrdo
Drs
Furnished Cabin for Rent in Ruidoso New Mexico
Furnished cabin available for rent in Ruidoso New Mexico. Write or call Menger Agency Alamogordo NM for details.
MENTIONED IN THIS ARTICLE
Ruidoso
N. M
Menger Agency
Alamogordo
Bratton Confirmed as Judge of 10th District
Senator Sam G. Bratton of New Mexico was confirmed by the Senate as judge of the tenth circuit court of appeals. The nomination was sent by President Roosevelt and acted upon immediately, without committee referral. The district includes Colorado, Kansas, New Mexico, Oklahoma, Utah, and Wyoming.
MENTIONED IN THIS ARTICLE
Washington, D. C
Sam G. Bratton
New Mexico
Senate
Tenth Circuit Court of Appeals
Roosevelt
Bratton
Colorado
Kansas
Oklahoma
Utah
Wyoming
Local Methodists to Conference at Weed
Members of the Weed church attend the Ep worth League Conference from Tuesday to Sunday. Attending are Katherine Roach Corrinne Riffe Ruth Edgington Virginia McRae Helen Thurston Rev L L Thurston J A McRae Jr Howard Beaty and Rev Thurston who will return to fill the pulpit Sunday.
MENTIONED IN THIS ARTICLE
Weed
Katherine Roach
Corrinne Riffe
Ruth Edgington
Virginia McRae
Helen Thurston
L. L. Thurston
J. A. McRae
Howard Beaty
Thurston
We’ve Turned the Corner to Prosperity at Last
The nation moves from hopeful talk to faith in a real upswing. Reports from major industries show rising orders and more employment as staple farm prices climb, signaling durable improvement and broad public optimism.
MENTIONED IN THIS ARTICLE
United States
CCC Camp Forms South of Capitan Raton Ranch News
A CCC camp near Capitan at the Raton Ranch hosts about 170 enrollees from Texas plus 30 locals. Capt Searcy of San Antonio leads the camp with C K Caron of Alamogordo as superintendent. A Gallinas Peak lookout tower is built and Charles Pepper begins Monteau Observatory work to finish by July 1. The Wofford tower near Cloudcroft goes online with CCC help.
MENTIONED IN THIS ARTICLE
Capitan
Raton Ranch
Capitan Mts
Texas Points
Searcy
San Antonio
C. K. Caron
Alamogordo
Gallinas Peak
Charles Pepper
Monteau Observatory
Ruidoso
Wofford
Cloudcroft
Forest Officials On Detail Across Lincoln National Forest
Forest officials are on detail across the Lincoln National Forest. S. Strickland assistant forest supervisor is at the Raton Camp this week guiding work starts. Roger Morris assistant supervisor helps Ranger Laney at High Rolls station planning Cloudcroft district projects. Supervisor Arthur visited Raton Camp near Capitan Monday with Vance Thomas on leave from Guadalupe district.
MENTIONED IN THIS ARTICLE
S. Strickland
Raton Camp
Roger Morris
Laney
High Rolls
Cloudcroft
Arthur
Capitan
Vance Thomas
Guadalupe
Lincoln Forest
Camps reduce total number of camps in Arizona and New Mexico
The article states Arizona has 1 percent of the GC. Co. G. Camps and New Mexico has 15 for a combined total of 33 camps. This is down from 51 camps originally planned for both states.
Legislature Bans Harsh Shotgun Note in New Mexico
The Hobbs News reports the legislature targeted the so called shotgun note used by banks and money lenders. It waived immunity service of summons confessed judgment and other rights, causing injustice. Now anyone accepting such a note faces a misdemeanor with a $50 to $500 fine and at least 30 days in prison.
MENTIONED IN THIS ARTICLE
New Mexico
Hobbs News
Baptist Young People Win Honors in Sword Drill
Four Alamogordo B Y P A members who attended the state convention at Tucumcari with Rev and Mrs Keating won all three places in the state wide Sword Drill Faith Cowden took first Eleanor Green second and John L Wilson and Johnnie Hoffman tied for third Meantime the group impressed state leaders with sharp memorization and drill discipline.
MENTIONED IN THIS ARTICLE
Alamogordo
Gov Seligman Signals Possible New Mexico Special Session
Santa Fe June 2 Governor Arthur Seligman said he would call a special session if it would save money to justify the cost. The move follows referenda petitions that have effectively halted enforcement of major revenue laws from last year’s legislature. Only the income tax remains unchallenged by referendum among revenue measures.
MENTIONED IN THIS ARTICLE
Santa Fe
N. M
Arthur Seligman
Bng
N M Drys Can Stop Repeal If They Act
Albuquerque June 5 Rev George M Hammond superintendent of the Anti Saloon League in New Mexico said the dry forces can stop repeal if they organize An anti repeal organization must be perfected in every county and precinct with weekly precinct meetings He charged the wet press misled the people and news services nationwide are controlled by the wets He spoke at a luncheon of the Albuquerque Anti Saloon League.
MENTIONED IN THIS ARTICLE
Albuquerque
George M. Hammond
Anti-Saloon League
New Mexico
Hammond
Tully to visit Boy Hood home after 50 years
Jim Tully of Glencoe heads from Roswell on a Santa Fe flier to Chicago for a round trip to the Century of Progress. The cowpuncher, stockman and state senator recalls Chicago fire and Lincoln County war as he plans a three week stay visiting old scenes and family in his birthplace.
MENTIONED IN THIS ARTICLE
I. Vv. Tully
Boy. Hood
Santa Fe
Roswell
James V. Tully
Glencoe
Chicago
Jim Tully
West
San Juan County
New Mexico
Lincoln
Great Southwest
Lincoln County
Ft. Stanton
Rio Grande
Texas Line
Ruido
Southwest
Lincoln Forest
West Point
Albert KB
Jim
Otero County Budget Faces County Agent and Nurse Debate
The Otero County Board of Commissioners weighed the coming fiscal year budget amid declining valuations. Hearings debated whether to retain the county agent and county nurse, with advocates pressing for continued service and the board seeking majority guidance. The group appointed to negotiate included Attorney Geo A Shipley and O G Cady.
MENTIONED IN THIS ARTICLE
Board of County Commissions Toners
Board of Commissioners
Otero County
Grant
Geo. A. Shipley
O. G. Cady
Alamopordo News
The
Taxpayers’ Association
State Fair shines with stars and farm life on screen
Fox Films State Fair brings Janet Gaynor and Will Rogers to the Alamento for four showings next week. The plot follows the Frake family at a state fair with Blue Boy the prize hog, Margy and Wayne learning about life and love.
MENTIONED IN THIS ARTICLE
Fox Film
Alamento
Janet Gaynor
Will Rogers
Lew Ayres
Sally Eilers
Norman Foster
Louise Dresser
Frank Craven
Victor Jory
Frake
Abel Jake
Melissa
Frakes
Margy
Wayne
Also Mentioned on This Page
Cc. C
Sacramento Forest
Albert T. Reid
Secretary of State
W.S
Sen. Bratton
Methodists
Autocaster Service
Baptist
Gov. Seligman
Far West
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