Supreme Court Defines Income in Tax Case Across Securities
Washington March 28 three government victories in the supreme court define income as gains from capital investments realized on sale. The Ryerson estate case sets precedent that profits from stock sales qualify as income under the income tax acts. The court maintains the March 1 1913 value as baseline for computing profits and upholds taxation of realized gains.
MENTIONED IN THIS ARTICLE
Washington
Supreme Court
Frierson
Treasury Department
Dupont Powder Company
Merchants’ Loan and Trust Company
Arthur Ryerson
Chicago
Illinois
Internal Revenue
Joseph T. Ryerson & Son
Clark
Ryerson
David M. Goodrich
New York
Goodrich
Walsh, Colivetore
Brewater
Connecticut
We Are Out of Europe Says U S as World Peace Policy
Washington argues the United States returns to normalcy and pre war relations with Europe. It rejects intervention in the German reparations dispute and asserts no sympathy for any side, stressing isolation from European negotiations and treaties.
MENTIONED IN THIS ARTICLE
Washington
Mar
Europe
Harding
United States
League of Nations
Germany
America
Stretching the Oil Supply on the Pacific Coast
California Bureau of Economics warns of another summer oil shortage on the Pacific coast due to limited California petroleum. Refiners push gasoline production in winter while summer demand for tractors trucks irrigation and cars rises. Conservation and rapid hydroelectric development are urged to avert shortages.
MENTIONED IN THIS ARTICLE
Pacific Coast
California Bureau of Economics
Bureau
California
Mpot
Law of Supply and
Vander
Passing Comment on Wives and National Morale
A reflective column praises wives for inspiration and patience, urges productive methods over complaint, and notes mild social observations. It laments roads funding and Yap negotiations, mentions troop gains in Hawaii and the Panama Canal, and notes the Kaiser’s latest book.
District Court Hearing on Elmer Waln Discharge
In the district court for Wyoming a petition for discharge in bankruptcy of Elmer Waln is heard before the referee. The hearing is set for ten oclock in the forenoon on May 16, 1921, at 602 Hydns Building Cheyenne. Notices of the hearing will be published as required.
MENTIONED IN THIS ARTICLE
District Court OF the United States
District OF Wyoming
Elmer Waln
Hydns
Cheyenne
Wyoming
Notice to Creditors in Bankruptcy Case Dated March 28 1921
The Basin Republican says all known creditors and others may appear at the sale time and place to show cause why the petition should not be granted. Copies of this notice will be mailed to creditors at their residences as filed in the records. Dated March 28 1921.
MENTIONED IN THIS ARTICLE
The
Basin Republican
Notice of Discharge Hearing in Jordan Bankruptcy
In the matter of Frannie M. Jordan bankruptcy No 428 the Referee sets a discharge hearing for May 10 1921 at 10 am in the Hynds Building Cheyenne Wyoming. Creditors and interested parties must appear and show cause why discharge should not be granted and notices are mailed to listed creditors.
Also Mentioned on This Page
Man
Union
Yap
Wilson
Japan
Hawaii
Panama Canal
Bobby
James G. Noll Lumber Co
H. W. Horn
Mgr
I Service
Frannie M. Jordan
Hynds
Alkt
Dave Tuttle
Prop
Court House
J. R. Goodrich
Percy Farrar
Auto Paint Shop
Wyoming Gas Company
Jos Nic
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