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This newspaper page contains 8 articles. Subscribers can read the full text of each article.
Newspaper
Coatesville Herald
Location
Coatesville, Indiana, United States of America
Date
Mar 11, 1920
Page
2
An Indianapolis News editorial argues for a shared community church approach in small towns to resolve irregular services and funding. It says denominations should join under one root for unified worship while preserving core Christian beliefs.
Report of the condition of the First National Bank at Coatesville. Details include assets such as loans and discounts, U.S. bonds, securities, reserve amounts, and deposits. The cashier C D Knight attests the accuracy, with notary WM McAninch and directors listed.
The document lists assets and liabilities for the private North Salem bank in Indiana, showing loans and discounts, overdrafts, bonds, deposits, cash on hand, and current expenses. The statement is sworn by I G B Davis, cashier, before a notary on March 6 with commission running to January 5, 122.
Fred J. Whicker cashier of the BR Robards bank swears the financial statement for the bank at Stilesville Hendricks County Indiana is true as of February 28 1920. The document lists loans and discounts overdrafts other bonds and securities furniture and fixtures other real estate due from banks and trust companies cash on hand cash items interest paid and cash short in a notarized oath dated March 6 1920.
Oliver M. Seutten and wife transfer to Stephen D. Gorham a lot in Stilesville for 200. Alva T. Edmonson and wife transfer 53.66 acres in Liberty township to Earl English for 6000. Alois J. Lange and wife transfer 5 acres in Lincoln township to David A. Phillips.
A farmer rents his property and offers it at public sale on the Ed West farm. The sale location is three miles west of Clayton and 314 miles east of Amo, with details to follow.
On Wednesday March 17 1920 a sale lists one black mare two Jersey cows four sows and other hogs plus hay corn and extensive implements including wagons mowers planters and plows. Terms: cash under 5 dollars, over 5 dollars 66 month credit with notes and security. 2 percent discount for cash. Removal after terms.
The article explains how farmers must compute net income for 1919 for tax purposes. It notes allowable deductions including planting, harvesting, tools, livestock feed, repairs, labor, and wear and tear. It also covers nondeductible items, losses, gains from land sales, and two methods to compute tax returns: cash and accrual.
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