Timely tips on income tax deductions series
This second in a six part series explains when gambling losses are deductible only if offset by gains and outlines rules for bad debt deductions. It emphasizes proof of debt worthlessness, avoidance of paper losses, and documenting circumstances to support deductions.
MENTIONED IN THIS ARTICLE
Joe Doakes
Joe
Baf er School Buses Sought In North Carolina Bill
A bill introduced in the House seeks safety regulations for school bus transportation. It would require all bus drivers to be tested and certified by the state highway authority and bans certain driver qualifications. The measure imposes bus construction rules including glass requirements for new state buses.
MENTIONED IN THIS ARTICLE
Sir Walter Hotel
Raleigh
J. C. Pittman
North Carolina
Security Act Attack Fails in North Carolina House
In Raleigh on March 6 Libby Ward’s bid to shift Social Security burden to the state failed 65 to 42. The debate featured Craven representative Willie Lee Lumpkin and Durham’s Victor S. Bryant among others as lawmakers faced tax questions and support for aged and indigent care.
MENTIONED IN THIS ARTICLE
Enterprise Bureau
Sir Walter Hotel
Raleigh
Libby Ward
Craven
Appropriations Committee
Victor S. Bryant
Durham
Craven Sclon
Willie Lee Lumpkin
Franklin
Do. W. Spruill
Bertie
Pat Kimzey
Brevard
Finals Today In Conference Meet At VMI
Lexington Va March 6 A close water conflict looms for the finals of the seventh annual Southern Conference swimming meet at Virginia Military Institute with four squads in contention. Duke, runners up last year, and defending champions Washington and Lee lead after qualifying ten and eight men in preliminaries. North Carolina State also qualified several swimmers, while NC State’s Wolfpack tally was five men.
MENTIONED IN THIS ARTICLE
Lexington
Virginia Military Institute
Duke University
Washington and Lee
North Carolina State
Wolfpack
Speed Governors and Safety Glass Bill advances in Senate
The bill requires speed limited buses and safety glass with governors already in use by schools. Passage prospects in the House look bright as the measure passes the Senate without debate or dissent. In sports, the mermen win the 440-yard relay, NC State sets a Durham record, Payne and McKibben shine and will compete in three finals.
MENTIONED IN THIS ARTICLE
Pittman
House
Senate
Clemson
N. C
Durham
Payne
N. C. State
McKibben
Duke
Gratitude Toward Parents Ingrained By Training
A 1937 NEA Service meditation urges mothers to train children in gratitude and obligation. It cautions against overbearing expectations, cites the rewards of balanced home life, and notes that appreciation grows with years as children mature and remember parental sacrifices.
MENTIONED IN THIS ARTICLE
John
Mary
Johnny
NEA Service, Inc
Lawrence Spearman Named Assistant To Davidson Coach
Lawrence Spearman of Chester South Carolina is named utility coach on Gene McEver's Davidson college staff. He joins to fill a vacancy after Williams left for N C State. Spearman's high school teams won five state championships in nine years and he will assist with spring football and track training.
MENTIONED IN THIS ARTICLE
Davidson
Lawrence Spearman
Chester
Gene McEver
Davidson College
Spearman
Williams
Newton
N. C. State
McAver
Chet Chapman
Parachutes Used to Free Small Planes from Spin
Small parachutes placed in a sunken trap on the fuselage are used to pull some of the smaller planes out of a spin.
One Man Lobby Hopes For Gas Pipeline Approval
Former Senator Harris, a Wilmington confidant, asserts the legislature will approve the gasoline pipeline project while advocating eminent domain. Georgia moves toward a 2500 dollar homestead exemption, with debates on tax relief and local burdens. Bob Reynolds promotes Light Smoke as dynamics of Raleigh visits, and NC lawmakers face social security funding battles with Huey-backed plans. Gardiner emerges as the governor Hoey’s chief messenger amid administration victories.
MENTIONED IN THIS ARTICLE
Harris Newman
Wilmington
Press Association to Hold Bermuda Cruise Convention
Press crew in Durham reports North Carolina Press Association will hold its annual convention from June 19 to 24 aboard a Bermuda cruise. President Co C Council announced the plan.
MENTIONED IN THIS ARTICLE
Durham
Co. C. Council
North Carolina Press Association
Bermuda
Illness Fatal for Hendersonville Official John P. Fletcher
John P. Fletcher 64, longtime Hendersonville superior court clerk and former county commissioner, died after an illness of several months. He had served the county in multiple public roles. The notice lists his age and position as key facts.
MENTIONED IN THIS ARTICLE
Hendersonville
John P. Fletcher
Henderson Superior Court
Bryant Attends Charlotte Meet of Electrical Contractors
Hobart Bryant of High Point returned from Charlotte where he attended the Association of Electrical Contractors of North Carolina meeting. Frank E. Harris of Durham was elected president with M. B. Hanes Asheville first vice president and Raymond Starr Greensboro second vice president. J. G. Hammond Rocky Mount third vice president J. C. Hobbs Wilmington fourth vice president C. S. Goger Charlotte executive secretary O A. Houston Durham assistant secretary and R. H. Bouligny Charlotte treasurer. Bryant contributed several financing suggestions.
MENTIONED IN THIS ARTICLE
Hobart Bryant
High Point
Charlotte
Association of Electrical Contractors of
North Carolina
Frank E. Harris
Durham
M. B. Hanes
Asheville
Raymond Starr
Greensboro
J. G
Hammond
Rocky Mount
J. C. Hobbs
Wilmington
C. S. Goger
O.A
Horne Resigns From Rural Electrification Board
Raleigh March 6 J L Horne Jr of Rocky Mount resigns from the State Rural Electrification Authority after AG ruling bans serving on two non-charitable state agency boards He also serves on the State Board of Conservation and Development and steps down from one post to comply with the ruling.
MENTIONED IN THIS ARTICLE
Raleigh
J. L. Horne, Jr
Rocky Mount
State Rural Electrification Authority
Attorney General
Horne
State Board of Conservation and Development
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