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Denton Journal in Denton, Maryland

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Articles on This Page

This newspaper page contains 10 articles. Subscribers can read the full text of each article.

Newspaper

Denton Journal

Location

Denton, Maryland, United States of America

Date

Jul 26, 1930

Page

2

State Tax Men and Bankers In Accord

Months of conference between the American Bankers Association and the Association of States on Bank Taxation yield agreement on an amendment to Section 5219 preserving protective principles while allowing state taxation of national banks. The plan aims to balance low rate intangibles, net income tax, and shareholders taxes to avoid shifting tax burdens while maintaining bank revenue.

Taxing Bank Shares by Alternate Methods for Intangible Tax States

A reform proposal changes taxation of bank shares in states with intangible tax. It allows a cap equal to the rate on other financial firms or on net assets of individuals and partnerships in banking, loan, or investment business, or to rates on mercantile or manufacturing firms in state. An added method taxes shareholders by aggregating dividends, capital surplus, and adjustments, divided by shares, capped by rates on other corporations in proportion to net profits. The design aims to tax shareholder property without treating dividends as an indirect levy on exempt income.

Maryland

Foundation Weak Spot in Older Houses

A dated home inspection guide warns that basements reveal water stains and seepage lines indicating moisture intrusion. It outlines minimum foundation thickness for web frames, checks for cement quality, sand and loam content, and warns about dry rot in wall plates and mud sills.

Here's How to Prevent Mortar Efflorescence

The article explains how mortar color depends on pigment and mortar mix, noting efflorescence can spoil brickwork. A suggested remedy avoids strong acids and emphasizes a material with minimal mineral content to reduce moisture intrusion and protect joint color.

Stops Floor Vibration with Crosswise 4 by 6 Supports

The text notes floor vibration from undersized joist spans and suggests replacing 8 by 8s with 2 by 10s. Since the joists cannot be removed, shorten the span by placing a 4 by 6 at right angles and supporting it with two 4 by 6 columns from the ground. The supports should be wedged tightly for firm joist support.

Good Disposition of Value at Hinds Station Test

A report from the Hinds Agricultural Experiment Station describes a study on animal pulling power. It concludes that good disposition is a key factor in success for a puller, influencing performance.

Hinds

Two Way Telephone Aids In Aviation Safety

Two way radio telephone dispatching enhances flight safety by delivering continuous weather and route reports to pilots midflight. Capt A R Brooks notes pilots can receive local and along route weather, beacon signals, and urgent instructions, transforming ground dispatchers into real time support during emergencies and routine operations.

A. R. Brooks Thane Miots Air Ine Uying

Assignee's Sale Of Valuable Real Estate In Federalsburg Maryland

Calvert C. Merriken as assignee calls for public sale of a farm in the Eighth Election District Caroline County Maryland near Federalsburg. The 80 acre property includes a two story frame dwelling and a large barn with several outbuildings. Sale is between 2 and 4 pm at the First National Bank site with terms 50 percent cash on day of sale and the rest in six months or all cash.

John Loakkonen Harry R. Merriken Caroline County Calvert C. Merriken Tirst National Bank Federalsburg Maryland Mary B. Noble Charles Smith Walter Love T. V. Redman William Smith Smith William E. Andrew

Constitutional Amendment Proposal for State Election

The document notes an amendment to authorize the legislature to empower Treasury Department deputies to countersign and grant warrants and oversee withdrawals under legislative regulations. The proposal, approved April 2, 1929, is to be voted on at the general election on the first Tuesday after the first Monday in November, by ballot, with the caption Constitutional Amendment Amending Sections 2 and 3 of Article VII.

Hons Articcle Vic Miursland Rile Treasury Department Treasury de ParkHivenr Stace Treasury Geneva Assembly of Maryland Pubce General Assembly Dilea Ag de An Legistature Annon Suprh Muoney Treasury Trenanier Constitnion General Assembly of Maryland Geneva Assembly of Maryland State of Maryland Legislative Department Sane Lsw General Assembly of Marsland Ana Albort Ritchiid Theo Ly Baltimore

Harman Malloy and Partners Named in Fiscal Roles

Stanley K. Harman and Michael E. Malloy appear as attorney and treasurer, with Julian P. Osborne as manager and Randall Hagner & Co. as fiscal agents for N. Y. Life Insurance Company. The listing names involved parties and corporate affiliations in a formal notice.

Michael E. Malloy Clough & Malloy Julian P. Osborne Randall Hagner,& Co N. Y. Life Ins. Co

Also Mentioned on This Page

New York American Bankers Association The Association of States American Bankers‘Association Journal Spionias Paton U. S. Supreme Court Tazatlan John Lanckkonen U. S Charles TH. Phillips Chemical Co Charles H. Phillips Phips of Mabhosia W. Irving Tilgaman Jack Sanford Bell Mont the Peoples Bank Denton, Maryland Alaryland Chanter Muiry Assermbly Great Sea Annapolis David Cgc Windbeunner International Weather Strip CO N. Calvert Straet Baltimore, MD A. T. Russell Denton,Md Louis ST. James Denton, Md Claiborne Annapolis Feery CO Matapeake E.S.T Annapolla WM. Pepper Constable Maryland Trust Building Elkton, Md W. A. Smith Market St C.& P. Telephone Denton Denton Motor CO Ford Finance Plan Eastern Properties Corporation First Western Electric Company Bethlehem Steel Company Tidewater Steel Company Atlantic Seaboard Eastern Properties Corporation America Lochearn A.W. Gieske Joseph’ Berman Fred M. Supplee Stanley K.harman Richard M. Baker R. M. Baker Co., Inc Joseph Berman William i Curran National Marine Bank Real Estate Trust Co Stanley K. Harman A. W. Gieske Equitable Trust Co New Amsterdam Casualty Co Mid-Continent Petroleum Corp W. Albert Johnson Certified Public Accountant Herbert G. Jory B. F. Lucas Arlington Ice& Coal A. Herman Siskind J. Ramsay Barry Co Union Trust Company OF Allegal Barton, Wilmer, Ambler & Barton Maryland Title Guarantee Company Court Square Roland W. Bates Isastern Shore Rep Pape
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