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Newspaper
Amarillo Globe
Location
Amarillo, Texas, United States of America
Date
Mar 01, 1950
Page
13
Amarillo accountant explains a loss year can be carried back to 1948 and forward to 1952 to reduce tax. A $40,000 loss in 1950 could erase $20,000 of tax in 1948 and 1949, then offset 1951 and 1952 income, potentially gaining more than $10,000 over five years.
Mr Maxey seeks a manager for the 172 unit Green Acres project nearing completion. Any young man interested should contact Rex Baxter at the chamber of commerce.
A large shopping center at Tenth and Georgia expands its front to gain 40 more feet as Morris McCartt reports. The Fifth Annual Market Show closed at the Herring and Amarillo hotels with robust sales and a second-day turnout. Exhibitors praised sales, while staff roles included hashers and bus boys during a market buffet. W. H. Gattis of Gattis Clendenin Shoe Store acted as head waiter, explaining to Page Stalcup that his role fit the major demo. Stalcup accepted and earned a 50 cent tip, with a 25 cent net from Walter Stalcup’s work. Bus boys included Paul Smith, Bert Levy, and Bill Lansing. Wait staff featured Carter Mathews, Ben Solnick, L. Pirtle, and Mrs. Edith Zelley.
Belellt, secretary of the chamber of commerce, Arch Cooper, manager of the Herring, presided over the pantry. T. A. Milam has moved here to take charge of Westinghouse's lamp division and will share offices with Earl Price in the Amarillo Building. The Westinghouse Electric Supply Co. also operates the third division with headquarters in Amarillo at 99 Taylor.
Wisconsin attorney general Thomas E. Fairchild ruled a man may destroy his own home if no one is harmed. The decision followed a case where a man dynamited his house to protest a contractor’s work.
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