High Point Enterprise Newspaper Archives May 15 1974, Page 9

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High Point Enterprise (Newspaper) - May 15, 1974, High Point, North Carolina $ 100,000 or so rides on Friendly Little game by Patrick Arnold associated press writer Las vegas Nev. Apr when the likes of w c a a Peggy buggy a Pearson Thomas a Camarillo slim Preston and a Iron Many Smith sit Down for a Friendly Little game you can bet its not Friendly and its not Little. Pearson Preston and the mysterious Smith he wont give his real name or say where he a from will join another nine or to professional gamblers tonight in a game of Quot hold pm. A the game is a form of stud poker that a the featured attraction at the fifth annual world series of poker. The Winner will walk away with $10,000 from each of the dozen or so card Sharps playing. Pearson last years Winner netted a record $165,000, $120,000 of it from the hold Mem game. Preston won the year before and earned a tidy $60,000. Hold Mem is a form of 7-card stud in which each player is dealt two cards face Down and the rest of the hand is played with a communal set of cards dealt face up in the Middle of the table. The game continues until one player has All the Money with Breaks Only for eating and sleeping. Pearson has been a professional Gambler for More than 20 years. He thinks he a had a Peggy buggy a Pearson takes breather great life but recommend it to anyone else. He failed to win any of the preliminary games last week and complained that he a been a a Little bit off in recent months. Quot i done to know whether id say in a feeling confident or not a said the 46-year-old self described Hustle. A i have to say that at this stage in a not feeling too confident. Quot the toughest thing of All is yourself. If you can to manage yourself you can twin in the first the world series of poker is sponsored by a Las vegas club. Gop withholding of support for no Pinnee is defended Raleigh apr state Republican chairman Thomas s. Bennett says he has no intention of resigning for making the statement that he cannot support the party a nominee James m. Newcomb for supreme court chief Justice. H. Frank Everett former state legislator sent a Telegram to Bennett tuesday calling upon him to resign immediately. Everett a former Democrat who turned Republican said new comb a was chosen by republicans All Over North Carolina to be our nominee for the fall election. You have ridiculed every Republican voter in North have never heard of a state chairman coming out against a nominee selected at the ballot Box by his own party. Your actions will probably cause republicans for Robert Morgan to be set up across North Everett was referring to atty. Gen. Robert Morgan the democratic nominee for u. S. Senate who opposes Republican William e. Stevens or. In the november election. Newcomb a fire systems dealer in Martin county with no Legal training garnered almost 60 per cent of the Republican primary vote Over District court judge Elreta m. Alexander of Greensboro the nations first Black woman judge. Trucker finds Bullet holes in Rig by the associated press a North Carolina Driver says he is going to stay Home during the strike of Independent truckers because he found three of his tires flattened and a Bullet Mark on his trailer when he stopped in Tennessee. Harry stains a company Driver for the Slosman corp. Of Asheville ., said he was hauling Nylon from North Carolina to Massachusetts when he discovered the damage monday night at a truck Stop in Erwin tenn., near the North Carolina Border. He said he left the truck and returned Home to Quot sit it out until this is a Leader of the Independent operators claims that the majority of independents in North Carolina have joined the strike. Wilkie Cheek president of the Southeastern Independent operators association said in an interview tuesday that because there was no violence or blockades in North Carolina the strike was getting very Little attention. A if the Drivers just go Home peacefully you done to have anything to write about a he complained. Quot we Hope to god there is no violence a he added. A Check of truck stops across North Carolina tuesday disclosed no gathering of strikers. Managers at the stops said business was off but Only slightly. Independents struck at Midnight sunday for the third time in six months to protest rising fuel costs Low Speed limits and weight regulations. Water weight problem use Elim excess water in the body can be uncomfortable. A him will help you lose excess water weight. We at Mann drug stores recommend if. Only $2.00 Mann drug�?��?T44 of w jz/3, As. C. So. Or to of you have any interest in this property please Contact either of the commissioners prior to 12 noon May 20, 1974. Amos r. Kearns commissioner h. S. Ragan jr., commissioner 449 South Wrenn st., High Point P. O. Box 4056, Archdale A a to year old boy drowns in Charlotte Charlotte a five of Willie Mcleod �?Ts playmates had leaped from a Rowboat and waded or splashed to Shore. The 10-year-old was the Only one left in the red and White Rowboat at Spratt Lake on the Southwest Edge of Charlotte. He jumped into the what he believed was shallow water in the Muddy Pond. But the cavorting of the others had caused the Rowboat to Drift farther and farther from Shore. And the water into which Willie leaped Wasny to that shallow. He drowned tuesday while the others two girls and three boys aged 9 toll watched in horror. Two teen aged boys who had just come to the Pond to fish tried to Rescue Willie. One of them 14-year-old James Smith tried to go to willies Aid. But Smith can to swim and he soon found himself in water too deep to walk in. Then 13-year-old Frederick fee swam to Willie. But he said Willie wrapped his arms around him and pulled them both under before turning Loose the second time they went under. Members of a lifesaving Crew recovered the body in 12 to 15 feet of water about 35 feet from Shore. High Point Enterprise wednesday May 15, 1974 9a democrats consider Oil Industry taxes Sale property at Northwest Corner South main Street amp West Fairfield Road a the Amos Ragan someplace. This property is being sold by Amos r. Kearns and h. S. Ragan jr., commissioners in the special proceeding entitled Quot Horace s. Ragan or. It Al versus Amos Ragan jr., etau 68 up 287pending in the Superior court of Guilford county North Carolina at private Sale subject to the approval of said court. A private bid of $300,000.00 was reported to the court on May to 1974. The bid May be upset at any time prior to 5 o clock . On May 20,1974, by filing an increased bid with the clerk of Superior court of Guilford county in High Point North Carolina. Washington a House democrats Are ready for a showdown on proposals that would swiftly boost Oil Industry taxes by several billion dollars. The democrats were called today to a special caucus to act on resolutions urging the House rules committee to let the House vote on the amendments advocated by reps. William j. Green d-pa., and Charles a. Vanik a Ohio. Green and Vanik members of the ways and Means committee Are unhappy with that panels version of Oil tax Reform legislation. They challenged ways and Means chairman Wilbur d. Mills d-ark., when he decided to seek from the rules committee a Rule forbidding amendments. So Green and Vanik petitioned for the democratic caucus in an attempt to bind the democratic majority of the rules committee to allow House consideration of their amendments. Oil state members of the ways and Means committee headed opposition to the panels Bill. Furthermore three of to democrats on the rules committee Are from Oil states. The ways and Means committees Bill would hike Petroleum Industry taxes by about $13 billion to $14 billion Over six years. It would phase out a major Oil Industry tax break a the Oil depletion allowance by 1979 and would impose a temporary new excise tax on Windfall profits earned by the Industry during the Energy shortage. However the new Windfall Levy is linked with a provision eventually giving oilmen a Way to escape paying much of this new tax by blowing profits Back into the search for Oil. The Bill also would toughen tax treatment of Oil company income from foreign sources. The depletion allowance saves oilmen $2 billion to $3 billion a year in Federal taxes. It permits 22 per cent of Gross income from Oil and natural Gas property to be deducted from taxable income up to a top of 50 per cent of taxable net income. The committee boosted the 50 per cent to too per cent and decided to keep the allowance for most natural Gas. Greens amendment would end the allowance for both Oil and Gas on Jan. I 1974. He said this would increase Industry taxes by nearly $2 billion this year on profits of $9 billion. Vanik said his amendment also would produce an additional $2 billion per year for the Treasury. The Driller of a Well now can charge off As a current expense most of the Cost instead of treating the Well As a capital asset to be depreciated Over years. Alcohol problems Are you concerned about alcoholism do you know How alcohol addiction affects people get information get facts get help the alcohol education Center invites you to visit its new facility at 118 West Russell Avenue in downtown High Point. High Point phone 885-4611 885-9424 Jamestown phone 454-3212 454-2794 13,54 154 a come see us at car winds a get $1.25 Worth of car winds coupons with sugar. All you have to do to get you car winds coupons is buy a specially marked 5-lb. Sunny yellow bag of Domino sugar. Your car winds soc admission reduction Coupon is right on the package and so is a second Coupon Worth 75c use it to Park absolutely tree or use it to get colourful maps of car winds then come spend a Day in this magical fun filled entertainment Center the whole family Vin enjoy. You la relive the Carolinas history recreated in Over 73 acres of enchantment alive with adventure and thrilling rides shows and 7 major theme areas. Cumms North Carolina South Carolina of 1-7/ . N c. Start with Harmony Hall sponsored by Domino sugar in country Crossroads where you la find Lively foot tapping music at its best., and the Domino sugar Bear then on to authentic Plantation Square Queen s Colony Indian Thicket pirate Island Frontier outpost and contemporary Carolina there s enough to do and see to make every child s eyes Shine and fill the Day with wholesome fun for everyone in the family. It s All included in the Price of admission. Car winds is open weekends in the Spring and fall daily. June. July and August. Use the $1.25 Worth of car winds coupons from Domino sugar and come have the time of your life. A a a i z009-9t0wd i Ioc am i Quot Quot to. I save acc i on5lbs.of Domino % ufos amp nil 110 i sugar Worth i 1 Cruz nut sir la _. Coupon or. Grocer sour agent redeem this Coupon tor Ioc on the Purchase Price of one 5-lb. Bag of Domino sugar. Mail to a Star corp., p o Box 29. Philadelphia 19105. We will then pay you Ioc plus 3c handling. This Otter void in any state or locality where taxed prohibited or restricted by Law. Cash value 1/20 cent. Fraud clause any other application of this Coupon constitutes fraud. Invoices proving purchases within 90 Days of sufficient Stock to cover coupons presented for redemption must be made available upon request. This Coupon Good tor one Purchase Only. Sales tax to be paid by consumer. Offer expires november 30,1974. Cm046-6007 5-154 a Fine product of corporation

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