29 Oct 1960
Page 1
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This newspaper page contains 5 articles. Subscribers can read the full text of each article.
Newspaper
Independent
Location
Long Beach, California, United States of America
Date
Oct 29, 1960
Page
1
The LA C says Prop 14 on the ballot would allow local governments to divert gasoline tax and vehicle license revenue to pay grade crossing bonds. It argues the move misleads voters by promising no direct cost while shifting taxes elsewhere, urging a NO vote and criticising past similar measures. The column notes reliance on bonds and urges voter scrutiny.
Fragmentary weather report notes sunny periods and slight offshore wind. Mentions coastal areas and mountains with variable temperatures. Includes locations such as Washington and California towns, with scattered hints of showers and cloudiness in parts.
The report outlines a $205,000 loan from Hughes Tour Co to Don Nixon, detailing how the arrangement was structured to avoid capital gains taxes. It notes statements by Robert Finch denying Nixon involvement, cites property transfers and collateral tied to the loan, and mentions dates and parties connected to the deal and its alleged tax strategy.
Fragmentary notes describe a deal linked to Lot 10 and the Hanneh Nixon restaurant chain. The arrangement would shift ownership if a debt was unpaid, affecting capital gains taxes and property sale price. Names include Nixon and Bewley with figures around 205000 and 50 250 in taxes.
An ad from the Huntington Hotel lists a long beachfront location on Ocean Boulevard with a large dining room facing the sea. It promotes wall-to-wall telethon activity, room and meals at 27 dollars weekly, and caters to the outside public with regular dinners and club breakfasts.
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