Mellon Defeated by Final Terms of Tax Reduction
Washington April 0 In the Finance Committee four concessions defeat Secretary Mellon as insurgent Republicans and Democrats force repeal or partial repeal of the estate and admissions taxes. The bill trims corporate income to 12 1/2 percent with debate over a further cut to 11 percent. The measure carries about 203 million in reductions as Congress eyes further tax relief in coming sessions.
MENTIONED IN THIS ARTICLE
Washington, D. C
Senate
Mellon
Finance Committee
Simmons
North Carolina
Congress
Treasury
Dowd Investment Co of Charlotte Formed
Dowd Investment Co of Charlotte filed a certificate of incorporation today in Raleigh with an authorized capital of 500 000. Incorporators include W F Dowd Jr S M Dowd and W C Thompson. The company is set to engage in general real estate and investment business. Other filings include The Statesville Bonded Warehouse Inc with 100 000 capital and The Church on the Rock of the Apostolic Faith of the South Inc with C M Grace among incorporators.
MENTIONED IN THIS ARTICLE
Raleigh
Dowd Investment Company
Charlotte
W. F. Dowd, Jr
S. M. Dowd
W. C. Thompson
Statesville Bonded Warehouse, Inc
Statesville
L. A. Stearns
E. W. Stearns
Co. C. Stearns
Church On the Rock of the Apostolic Faith of the South, Inc
C. M. Grace
New Bedword
Dur ham Hosiery Mills Plans Refinancing in New York
A recapitalization plan for Durham Hosiery Mills of Durham North Carolina will be submitted to stockholders on May 8. It calls for 21 825 shares of six percent first preferred stock at 100 par to replace 29 100 existing preferred shares on a three for four basis. It also issues 7 043 shares of A common and 23 135 shares of B common no par value on a 656 35 percent and two to one basis respectively with A and B sharing dividends.
MENTIONED IN THIS ARTICLE
New York
Durham Hosiery Mills
Durham
N. C
Spirits of Convicts on Death Row Break
In Raleigh on April 30 the warden reported 13 convicts who led Caledonia prison farm unrest are ready to return to work after two weeks on death row with bread and water. The inmates aged 17 to 26 endured confinement and said they are tired of the life while guards contained a threatened mutiny during the eight hour work disputes.
MENTIONED IN THIS ARTICLE
Raleigh
State Prison
Caledonia Prison Farm
J. H. Norman
Caledonia
Body of Frank Lockhart laid in state in Indianapolis
The body of Frank Lockhart, speed race driver killed in Daytona Beach while attempting to break the world speed record for automobiles, lies in state at an Indianapolis undertaking establishment. Thousands pass by. private services set for Tuesday. sermon to be broadcast. Burial planned in California after vault placement.
MENTIONED IN THIS ARTICLE
Indianapolis
Ind
Frank Lockhart
Daytona Beach
Fla
California
Borah Portrait Snapshot Shows Idaho Senator’s Independence
The 19th Presidential Campaign Portrait profiles Senator William E. Borah of Idaho, a lifelong Republican noted for independence and opposition to many major policies. It notes his Senate leadership on Foreign Relations, frugal lifestyle, and atypical path to power, with details of his birth, career, and personality.
MENTIONED IN THIS ARTICLE
Enterprise
NEA
Robert Talley
William E. Borah
Idaho
Albert C. Ritchie
Maryland
Borah
Committee On Foreign Relations
Taft
Roosevelt
Harry Sinclair
Senator Robinson proposes inquiry into expense fund
Senator Robinson of Arkansas introduces a resolution to form a special committee to probe pre convention expenditures and presidential campaign spending. The Democratic leadership conference quickly moved to prevent the measure from advancing.
MENTIONED IN THIS ARTICLE
Washington
Robinson
Arkansas
Senate
Democratic
Democratic leader proposes inquiry adopted without vote
The proposal for an inquiry was adopted without debate or a record vote. The audit committee to which it was referred at the session's opening limited the committee’s expenses to $2,100.
MENTIONED IN THIS ARTICLE
Audit
E Committee
Aged Virginia Scholar Dr. Henry C. Brock Dies at 83
Dr. Henry C. Brock 83 scholar and Hampden Sydney professor emeritus died at his Hampden Sidney home after two weeks illness. A Virginian language expert born January 26 1845 in Richmond he served with Lee in the Virginia cavalry and later married Mary Carter Irving. Survived by two sons and two daughters.
MENTIONED IN THIS ARTICLE
Hampden Sidney
Henry C. Brock
Hampden Sidney College
H. J. Brock
The
New York Times
Brock
Richmond
Randolph-Macon
University of Virginia
W. H. S. Lee
Virginia Cavalry
Malone's Crossing
Mary Carter Irving
Buckingham
H. I. Brock
New York
Robert K. Brock
H. C. Thornton
Asheville
N. C
Delia Brock
Heflin in Twin City Attacks Smith on Arrival
Senator Heflin of Alabama arrived in Winston Salem and predicted Congress will pass a resolution to create a special committee to probe presidential candidate expenditures. He has continually attacked Al Smith and labeled the New York governor unfit for the presidency.
MENTIONED IN THIS ARTICLE
Winston-Salem
Congress
Thos J. Heflin
Alabama
al Smith
New York
Candidate to Speak at Brown's Warehouse on 1928 Campaign
A speaker will address the issues of the 1928 campaign at 8 o'clock in Brown's tobacco warehouse. The venue change from the courthouse was made to secure a larger space and accommodate the anticipated crowd.
MENTIONED IN THIS ARTICLE
Brown
Court House
Senate Moves to Curb Broker Loans by Banks
The Senate Banking Committee ordered a favorable report on a LaFollette resolution directing the Federal Reserve Board to curb broker loans by member banks. The measure urges the Fed to admonish banks against speculative loan expansion and to report whether new legislation is needed to prevent excessive use of Fed funds for speculation.
MENTIONED IN THIS ARTICLE
Washington
Senate Banking Committee
LaFollette
Federal Reserve Board
Federal Reserve System
Senate
Federal Reserve
Congress
Constipation and Biliousness Tied to High Blood Pressure
Advertisement from Crystal Carbonic Laboratory promotes Alertox as a cleansing remedy for constipation and biliousness, claiming it reduces blood pressure by eliminating impurities through the intestines. The ad urges readers to buy prices 60¢ and $1.40, directing inquiries to Atlanta, Georgia.
MENTIONED IN THIS ARTICLE
Crystal Carbonic Laboratory
Dept
Atlanta
Ady
Pittsburgh Coal Company Accused of Financing Communist Activities
Louis McGrew editor of the Labor World testified before the Senate coal committee alleging that Pittsburgh Coal Company aided communist activities among miners. Don Rose, counsel for the company, described the charges as maliciously false.
MENTIONED IN THIS ARTICLE
Washington
Pittsburgh Coal Company
Senate Coal Committee Today
Louis McGrew
Labor World
Pittsburgh
Don Rose
Coca Cola declares quarterly dividend boost to $1.50 per share
Atlanta April 30 directors of the Coca Cola company declared a quarterly dividend of 1.50 per share, up 25 cents, placing the outstanding million shares of common stock on a six dollar basis.
MENTIONED IN THIS ARTICLE
Atlanta
Coca-Cola Company
Washington April 30 House Session Opens Without Amendment
The report notes the U S House progresses on a measure dated April 30 with no amendments attached. Key figures or organizations are not specified in the fragment.
MENTIONED IN THIS ARTICLE
Washington
The
House
Bayer Aspirin Promises Genuine Label and Directions
The advertisement stresses buying Bayer for genuine aspirin with the red genuine mark and clear directions in every box. It urges shoppers to check for Bayer branding to avoid counterfeit products and to follow proven instructions.
MENTIONED IN THIS ARTICLE
Bayer
British welcomes new American peace proposals
London April 30 Sir Austen Chamberlain announced in the house of commons that the British government warmly welcomed the American suggestions for a further joint effort to safeguard world peace and noted a discussion of the Kellogg outlawry of war plan in the Commons.
MENTIONED IN THIS ARTICLE
London
Austen Chamberlin
House of Commons Today
Commons
Midol promises quick relief for menstrual pain
A nostalgic ad touts Midol as a non narcotic remedy that stops menstrual pain in five to seven minutes. It claims preemptive use prevents pain and positions Midol as the work of specialists available in a slim aluminum case for fifty cents.
Special Stockholders Meeting For High Point Association
Notice of a special meeting of stockholders of the High Point Perpetual Building & Loan Association at its office in High Point North Carolina on May 10 1928 at 7 30 P M. to consider amending the articles to create class B stock with a 50 cent monthly payment per class B share. Secretary H Ellis signs the notice dated April 10 1928.
MENTIONED IN THIS ARTICLE
High Point Perpetual Building & Loan Association
Commercial National Bank
High Point
North Carolina
Co. H. Ellis
Notice of Public Sale of Randall's Piracy Inc. Assets
The United States District Court Middle District of North Carolina appoints a trustee to sell the bankrupt Randall's Piracy Inc. assets including stock, fixtures, a delivery truck and soda fountain equipment with a refrigerator unit excluded. Sealed bids due May 2, 1928, 11:00 A.M. in Greensboro. bids must include a 10 percent deposit and be subject to court confirmation.
MENTIONED IN THIS ARTICLE
District Court OF the United States
Middle District
North Carolina
Randall's Piracy, Inc
Clifford Frazier
Greensboro
Nort Carolina
V. A. J. Idol
Thundersigned
Commercial National Ban OF
High Point
Also Mentioned on This Page
Secretary of Treasury
Rialto News
Orpheum
Wallace Reids
America
Keith Vaudeville
Prevost
Rush
Aesops Fables
Delvey
CY Browning
Harry Kahne
Bertram and
Ralston
Breen, Labard and
Barry
Dowd Investment CO. OF
White House
NEA Service
U. S. Senate
League of Nations
Nicaragua
Senator Borah
Union
Chicago
Lincoln Memorial
Capitol
Boise
Rock Creek Park
Wayne County
Illinois
Southern Illinois Academy
Enfield
Lawrence
Kan
Estate University
Lyon’s
Ran
Seattle
Great Northwest
Steunenberg
United States Marine Band
Little Rock
Ark
William FE. Borah
Mother Eve
Adam
Agded
Pathe News
John Phillips Orchestra
Griffitr
Virginia
Sen Ts
Heflin
Twin City
Smith
Coca-Cola
Manwu
Our
Hart Drug
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