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High Point Enterprise in High Point, North Carolina

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This newspaper page contains 5 articles. Subscribers can read the full text of each article.

Newspaper

High Point Enterprise

Location

High Point, North Carolina, United States of America

Date

Jan 28, 1976

Page

10

Earned Income Credit Explained for 1975 Filers

The negative income tax idea resurfaced as the earned income credit offers refunds up to 400 dollars for low income workers. Eligibility requires a joint return with dependents under 19 or a student, and the credit equals 10 percent of the first 4000 earned, phased down as income rises. Example shows Fred Jones with 4750 wages and 300 other income, yielding a 270 dollar refund after tax.

Fred Jones

Strong NCNB Chief Denies Bank as Problem Institution

NCNB Corp. chairman Thomas I Storres rebutted Wall Street Journal claims that North Carolina National Bank is a problem bank. He cited a 1974 examiner note that NCNB was not judged a problem bank and urged removal of outdated reports. Storres touted liquidity with 629 million in government securities and 1975 earnings of 21.2 million, up 25 percent from 1974.

Charlotte Thomas I. Storres Ncnb Corp Wall Street Atartes Comptroller’s Office Ques Federal Reserve Board Storres New York Times Federal Reserve Division of Banking Supervision and Regulation North Carolina National Bank U. S

Heroin Trial Security is Tight in Greensboro

Security was tight on day two of Harold William Stanfield of Burlington trial for dealing in narcotics. Briefcases entering U S District Court were checked and an SBI agent testified about a warrant served last November. Stanfield reportedly claimed life as a California boiler and to have nearly fought heavyweight Ken Norton. He also explained the nickname Cookie from a childhood jar accident.

Greensboro Harold William Stanfield Burlington SBI Stanfield California Ken Norton Cookie

Oil found in Landrum water supply sparks arrest

Landrum water supervisor Joseph Lee Becknell, 25, is jailed on charges arising from two incidents this month that contaminated the city water supply with motor oil. About 1,300 customers were without running water for five days first, then overnight. Becknell, who ran the system about a year, was dismissed and confessed to adding pollutants to Vaughn's Creek and to samples sent for testing.

Joseph Lee Becknell State Department of Health and Environmental Control Becknell Spartanburg County

Raw Pork Threat To Viet Immigrants During Tet

Public health officials warn that Vietnamese immigrants celebrating Tet may eat raw or undercooked pork, risking trichinosis a potentially deadly parasitic infection. Dr. Newton McCormick explains symptoms, transmission, and treatment, noting risk is present but not certain.

Raleigh United States South Vietnam Orient Newton McCormick North Carolina

Also Mentioned on This Page

Mm SA Mes Wedersday NCNB U.S. District Court Mont A Eni Banjoman Barrevue Joan Baez DAV Bhomberg Zach Seller Les Wormnreanns Noint Sane Merle Aren Zbighits Flauth Russ Meyer Midway Elks Lodge Tion Elm Street Conley Jone Dinner Theatre, Inc King of Beast Oytoptown Landrum, 3.C Landrumn Landrum Robert Cogdell Vaughn's Creek South Carolina Bine McCormick Pela the Condor Ganarat Acurten Wena Hep apmiiteOi Saphely Rec THE High Point Enterprise ANT STP Quaker State Motor Oil Enene Peete Cmas Tas Ma Cleamaket Panaains Girls & Ineadies Orson Jae Ieee Pai Rt Evie Sps Cine Theatre Stepate Teaatee Treisand CARN Greensboro Coliseum Coliseum
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