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Newspaper
Bronte Enterprise
Location
Bronte, Texas, United States of America
Date
Dec 20, 1957
Page
1
This column explains the federal gift tax exclusions of 3000 per recipient per year and 30000 per giver, the treatment of gifts of money or property, and how gifts before death can affect estate and income taxes. An example with a farmer and daughter shows how gift versus will transfers affect tax outcomes and suggests seeking legal advice.
The notice stresses that information is informational and not legal advice urging individuals to consult a licensed attorney for any legal matter. It warns that misunderstandings of facts can alter legal outcomes and emphasizes professional guidance.
Terraces finished on the Vernon Copeland place south of Blackwell and on the M B Wardlow place near Edith. J O Rudd farms south of Robert Lee and is finishing 131 acres of cedar pushing and reseeding to native grasses with 45 acres of oats for cover and winter grazing. Conservation plans completed on Howard Brock and B D Mackey farms near Bronte. Ranch plans completed on Fred L Roe Robert Lee and J S Walker of Silver. Crop residue utilization notes: conserve moisture by leaving or plowing in residues to protect soil and improve water intake and soil structure.
Funeral services were held Tuesday afternoon for Mrs J W Gotcher 79 of Sweetwater and former Brookshire resident at the Baptist Church officiated by Rev Harville James and Rev Allen Patterson. The Kennemer quartet provided music with June Kennemer San Angelo accompanying. Born Sept 12 1878 in Brown County she married J W Gotcher May 13 1892. Survivors include Otis Gotcher of Sweetwater Maude Derrick of Midland and E S White of
Mrs Charle Mills of Bronte and Mrs Maude Cook of San Antonio were among the surviving relatives noted in the obituary for a Sweetwater resident. Burial followed at Mt Victory Cemetery in Brookshire under the direction of Cates Spencer Funeral Home. Pallbearers included Gene Warren Marshall Harrison Kenneth Rinehart Buddy Swartz A A Tedford and Walton Chappel.
Mr. and Mrs. E. L. Caperton spent Sunday with his brothers in Abilene. Sherman Story and sister of T. E. Tidwell from San Angelo visited here. Lyndon Waldrop on twelve days leave from Fort Sill Oklahoma stayed with his parents. Hardin Simmons University students Johnny Smith Joe Al Brian Lucretia Burney and Judy Blankenship visited at Johnny Smiths home. Local shoppers urged to buy Bronte area Christmas stock and fair prices.
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