Accelerated tax write offs aid defense firms in four-state area
Givan and Weita report accelerated amortization incentives for war essential firms. Tax write offs allow depreciation of new machinery in five years, not 25. Texas leads with 33 certificates, others follow. Total 6016 facilities approved, $42.25 billion in capital investments across Texas, Arkansas, Oklahoma, and Louisiana.
MENTIONED IN THIS ARTICLE
Texas
Arkansas
Oklahoma
Louisiana
Tutt
CAP Helps Hunt For Missing Plane In Abilene
Civil Air Patrol organized search for a Beach Bonanza that went off course during a dust storm near Abilene. About 20 light aircraft are to assist Air Force flights. The last contact was 10 20 p m Saturday with the pilot reporting off course and strong winds. The CAP has not released the pilot’s name or whether others were aboard.
MENTIONED IN THIS ARTICLE
Abilene
Civil Air Patrol
Air Force
Industry's Own Atom Furnace Designs Low-Cost Reactor
Downey California report on North American Aviation's private built low-cost reactor for atomic energy research. The octagonal, 11 foot high unit runs at 166 kilowatts eight hours daily five days weekly for a decade on one uranium charge, features automatic safety rods and a removable shielded core for isotope production and safe disposal. It enables on-site isotope work, addressing west coast needs and reducing transport delays from Oak Ridge and Brookhaven.
MENTIONED IN THIS ARTICLE
Central Press
Downey
Cal
North American Avisation
Atomic Energy Research Department
Atomic Energy Commission
Aecs
Oaks Ridge
Tennessee
Brookhaven National Laboratory
New York
Jane Russell Keeps Irish Charge Immunity Stay
Hollywood report that 18 month old Vine Irishead placed with Jane Russell by his English mother last November has been granted permission to remain in the United States under a British quota. Russell and husband Bob Waterfield said they will keep the child as long as parents wish but delay adoption plans. A separate Chicago item notes thieves stole a magician Eddie T's props and four skunks.
MENTIONED IN THIS ARTICLE
Hollywood
Tommie Kavanagh
Trish
Jane Russell
Immigration Department
United States
Vine Irishead
Russell
England
Bob Waterfield
Los Angeles Rams
Also Mentioned on This Page
Givan Weita
Kernanches
Ernest L. Tutt
Adr
Cook
Cook's
Shadotone
Cook's Shadotone
Cook's Paints
Cap
Turkey
Bosporus Sta
Texas Ave
Complete Optical Service
Optometrists
R. N. Voss
S. J. Rogers
Baytown
Galveston
Markst Street
Beaumont
Orleans
Houston
Matherne’s
Baytown Sun Bldg
Industry
Artists
North American
Chicago
Eddietts
Iwin, Sun
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