Supreme Court rules stock dividends not income for tax
The Supreme Court, in a five to four decision, holds that stock dividends are not income and thus not subject to federal income tax. The ruling voids tax provisions on stock distributions, risking large revenue losses and upending tax treatment of personal service corporations. Justice Pitney writes for the majority, while four dissenters argue Congress can tax stock dividends as income.
MENTIONED IN THIS ARTICLE
Supreme Court
Washington
Dei
Justice Pitney
Congress
Hull
Tennessee
Heald
Rhode Island challenge to prohibition amendment at Supreme Court
Rhode Island argues in the U S Supreme Court that the prohibition amendment is revolutionary and an invasion of states rights while the government defends it as a legitimate addition to the Constitution. The session drew throngs as Herbert A. Rice and William L. Frierson presented opposing views and more justices asked questions.
MENTIONED IN THIS ARTICLE
Washington
Rhode Island
Supreme Court
Herbert A. Rice
William L. Frierson
Kentucky
Massachusetts
Rice
Justice Pinney
Interchurch Movement Opposed by St Louis Presbytery
The St Louis presbytery representing all Presbyterian congregations here voiced disapproval of the inter church World movement noting it originated outside the church and involved extravagant financial expenditures.
MENTIONED IN THIS ARTICLE
ST. Louis
St Louis
Committees Probe Cost Of Harrison Avenue Paving
Two committees form to study spreading paving costs for Harrison Avenue in Butte. A South Side group will push for an extended improvement district to fund the project citywide, while opponents seek a parking and fighting system and oppose the district. The Harrison Avenue committee will gauge sentiment, collect data, and organize a gathering of South Side taxpayers after a city council meeting.
MENTIONED IN THIS ARTICLE
South Side
Tlaon Avenue
Englewood
Butte
E.E Clark
Mike Mooney Fry
McAuliffe
Patrick O'Fatlerr
Frank Austin
Harrison Avenue
Tire
Wos
George Hageman
Jerry. Fitzgerald
Prank
O'Boyle
George O'Brien
Efty
Coun
Naval bases on Pacific urged by Navy Secretary
Secretary Daniels urged immediate expansion of Pacific naval docking and basing facilities and a naval reserve force of at least 200000. He asked for authority to start a new base on San Francisco Bay below Mare Island and $10000000 immediately, with costs estimated as high as 75000000 but possibly 40600000. He proposed two new submarine and destroyer bases on the northwest coast at Port Angeles Washington and Astoria Oregon, plus extensive development in Hawaii and Guam. He warned a large navy and reserve are essential for any future war.
MENTIONED IN THIS ARTICLE
Washington
Pacific
House Naval Committee
Daniels
San Francisco Bay
Mare Island
Lnter
Northwest
Port Angeles
Wash
Astoria
Ore
United States
Head of Forestry Service Resigns to Return to Private Life
Henry Graves, head of the federal forestry service, resigns to return to private life. Graves led Yale forestry school before government service and directed lumber operations for American expeditionary forces in France. No departure date or post–government plans announced.
MENTIONED IN THIS ARTICLE
Ashington
Henry
Graves
Federal Service
Yale Forestry
France
Butte St Patrick's Day Parade And Mass Meeting Planned
Plans announced for a large St Patrick's Day parade and mass meeting in Butte to support Irish independence. Grand marshal James E. Murray leads a unity procession with American Legion members and diverse Irish groups, marching 2 pm from North Main to the courthouse for speeches. Republican convention officers to be chosen May 10 in Chicago.
MENTIONED IN THIS ARTICLE
Butte
ST. Patrick’s
Ireland
James E. Murray
Hutte
Main Street
Main
Park
Washington
Wyoming
Granite
Courthouse
Chicago
NNESOTN WIENS SUIT DETERMINES ST LOUIS BOUNDARY
The Supreme Court today ruled on the boundary between Minnesota and Wisconsin along the St Louis bays and the St Louis River. The decision settles the long dispute over the upper and lower bay lines and establishes a firm boundary between the two states.
MENTIONED IN THIS ARTICLE
Washington
Mareh
Sota
Wisconsin
St. Louis Bays
St. Louis River
Bolshevists seize Russian fleet at Odessa
In a Moscow wireless report dated today, Bolshevists at Odessa claim capture of the cruiser Admiral Nakhimoff and a fleet including four fast torpedo boat destroyers, a scout vessel, a steamer, three trawlers, two cutters, and two submarines. The Admiral Nakhimoff, laid down in 1813, carries 15 5 inch guns, five 8 pounders, four machine guns, and two torpedo tubes with an estimated 30 knot speed.
MENTIONED IN THIS ARTICLE
London
Bolshevists
Odessa
Admiral Nakhimoff
Moscow
New Jersey Governor Edwards Declares Presidential Bid
Gov Howard J Edwards of New Jersey announces candidacy for the Democratic presidential nomination at a Society of Arts and Sciences dinner in New York City held at the Hotel Biltmore.
MENTIONED IN THIS ARTICLE
Howard J. Edwards
New Jersey
The
Society of Arts and Sciences
Hotel Biltmore
New York City
Billings High Girls Enforce Dress Restrictions
Senior class at Billings High School limits dress during commencement week. For graduation day all girls must wear white cotton dresses with white pumps and restricted colors. Baccalaureate Sunday allows a suitable dress suit coat hat and shoes. one evening dress is allowed but not sleeveless or too revealing.
MENTIONED IN THIS ARTICLE
Billings
March
Billings” High School
Eirle
Clas
Bnis
Woman suffrage hangs in the air in West Virginia
Chicago dispatch notes a pivotal West Virginia ratification race as the state senate remains deadlocked awaiting Senator Mioch’s return from California. If he supports ratification upon arrival by Wednesday, suffrage leaders expect WV to finalize the federal amendment.
MENTIONED IN THIS ARTICLE
West Virginia
Chicago
Cincinnati
Butewater Bloch
Westrainia
Repubican
Senate
Mioch
California
Charleston
Montana Engineers Plan Statewide Butte Meeting
The Montana Society of Engineers edges toward a state wide convention in April at Butte inviting all engineers regardless of affiliation. Plans include tours of local projects and entertainment. Members also named to attend a highway commission session in Helena on Friday to bid on a hard surfaced route from Butte to Anaconda.
MENTIONED IN THIS ARTICLE
Montana Society of Engineers
Butte
Mcinoty
Eugene Carroll
W. B. Daly
Mr. McGee
Helena
State High Way Commission
Anaconda
Elm Orly
Butte & Superior Mining Com
Rush
Whit Barker
Co-Operative Kidnapping Association Formed
The Mexican foreign office reports the formation of a cross border kidnapping association aimed at abducting and holding for ransom foreigners, mainly Americans, by Mexicans and Americans on the border. It says the organization seeks to create trouble between the two nations.
MENTIONED IN THIS ARTICLE
Foreign Office
Mexico City
Yellowstone to wage gopher fight in county lands
Farmers petition leads to gopher extermination by county agent HS Brosearch under county supervision. Work to be done by exterminator with costs charged to infested land taxes. tax bill to fund the effort and landowners held responsible for control actions.
MENTIONED IN THIS ARTICLE
Vell Iswetone
Eathy
HS Brosearch
Counte
Trial in Montesano murder case nears end
Thirty witnesses were examined and cross-examined at the ten week trial of I. W. Wes here in Montesano Washington for the murder of Warren Grimm a Centra lia Armistice day victim. State counsel said the case should act by next Saturday.
MENTIONED IN THIS ARTICLE
Montesano
Wash
al- Teged
I. W
Warren
Grimm
Centralia
Wilson Opposes Reservations to Article X of League Covenant
President Wilson tells Democratic senators he opposes peace treaty reservations that could weaken Article X or impair the league covenant. In a letter to Senator Hitchcock he calls most suggested reservations “virtual nullifications,” and says the obligations of Article X are binding and morally vital for democracy against imperialism.
MENTIONED IN THIS ARTICLE
Washington
Wilson
Hitchcock
Simmons
North Carolarge
Sadehesek
League of ‘Nations
Ransom Kidnapping Reported Near Juarez
An American Smelting and Refining employee from Pedrucena Mexico is alleged to be held for fifty thousand dollars ransom by men from Southern Chihuahua after a northbound Mexican Chyad train incident near Corralatos 400 miles south of El Paso. The captive Witt Hanis a World War veteran and U S citizen, seeks treatment in the United States.
MENTIONED IN THIS ARTICLE
EL Paso
Texas
Joseph
Willams
American Smelting ‘and Refining Company
Pedricena
Mexico
Francisco
Wil
Chihuashua
Juarez
Witt Hanis
United States
Corrilatos
Chinehua
Allied Troops at Golden Horn occupy Constantinople
Paris reports Allied troops have occupied Constantinople under the armistice provisions. Gen Eva D Esperey headquarters are in the city with one division and one brigade, plus British and French forces in the region. A British division runs between Scutari and Brusa, while a Western Thrace French division is noted.
MENTIONED IN THIS ARTICLE
Constantinople
Petit
Paris
Eva D'Esperey
Hallan
Straits
Anatolia
Scutari
Brusa
Thrace
New Angling Twist in Helena Bank Robbery Case
Helena report details a fresh twist in the Union Bank and Trust robbery. Charles Stevens the boy clerk admits taking 40000 dollars on November 6 and says 15000 was later recovered near Toston buried by new suspects alleged to have robbed Stevens minutes after the initial theft. Detectives report 13000 found at Oswald Watkins ranch seven miles from Toston with warrants issued. a third man Smith is missing. Stevens confessed then recanted. a trial verdict is pending.
MENTIONED IN THIS ARTICLE
Helena
Charles Stevens
Union Bank and Trust Company
Toston
Stevens
Melena
Ostoy
Oswald Watkins
Watkins
Smith
Hedatkins
Bulle
Also Mentioned on This Page
Interchurch
Presbytery
Naval
NAVY
Golden Gate
Port Townsend
Forestry Service
Inry
Cause of Freedom For Ireland
Grandmars Aids
Thomas
James E. Murrayimore
Mauriceers
American Legion
Bassett
United
J. J. Lynch
Casey
Order of Hiberni Knights of Columbus
Catholic Order of Foresters
Padriac H. Pearse
Freedom
Robert Emmet Literary Association
Carriages and Automobil
Parade
Nnesotn Wiens
Seattle
C. B. Fitzgerald
Winson
T Wilson
Bear ‘Son
Wilmer
Bollin Wilson
Jolshevists
Governor Edwards
Yellowstone
Tomor
Public Service Commission
Il Insom
Williams
America
Golden Horn
Entente
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