Income tax in a nutshell
For single persons with net income of 1000 dollars or more or gross income of 5000 dollars or more. Married couples with net income of 2000 dollars or more or gross income of 5000 dollars or more. Final filing date March 15, 1922. File with the local collector of internal revenue. Four percent tax on taxable income up to 4000 over exemptions. Eight percent on the rest. Surtax 1 to 65 percent on net incomes over 5000 for 1921.
MENTIONED IN THIS ARTICLE
Internal Revenue
New 1921 Revenue Act Defines Tax Filing Rules
The 1921 revenue act requires all 1921 gross incomes of 6000 or more to file a return. Married couples with 5000+ gross may file separately or jointly. Net income thresholds apply to married renters and singles, with exemptions for ministers and certain war-related payments.
Taxation Rules on Stock Dividends and Property Gains in 1920
The Supreme Court ruling from March 1920 states stock dividends are not taxable as income, while profits from selling such stock are. Dividends must come from earnings since March 1, 1913. For property sales, the basis depends on when acquired, with rules for pre and post March 1, 1912, including fair market value as of March 1, 1913. Examples illustrate when gains or no gains apply depending on sale price and cost.
MENTIONED IN THIS ARTICLE
United States
Preme Court
Youre Sick Youre Tired Youre Nervous Call to Action
A promotional call urges readers to seek vitality and renewed nerve vigor with a product promising to restore nerve tissues and boost red blood cells, claiming strong nerves lead to success. The wording emphasizes urgency and a promise of performance enhancement.
Sensapersa Promises Nerve Health Boost After Ten-Day Use
Stop the brain fog and irritability with Sensapersa for ten days to renew nerve health, energy, and restful sleep. Two sizes 50 cents and $1.00, available from Druggist or City Drug Co.
MENTIONED IN THIS ARTICLE
City Drug Co
A Good Reason
Nell mocks a man who irritates others while Belle notes his good looks and asks why. Nell answers plainly that the man is a dentist.
MENTIONED IN THIS ARTICLE
Nell
Fairy Tales and Faith in Love The Cynic and Optimist Exchange
A cynic and an optimist debate how belief shifts as faith in fairy tales fades and love grows. The cynic links loss of faith to belief in love, while the optimist hopes whispered words will later carry real meaning.
Chamberlain's Cough Remedy Promoted for Natural Healing
An advertisement touts Chamberlain's Cough Remedy as a natural aid that eases coughing clears lungs and assists expectoration. It claims thousands endorse its good qualities and urges use during colds and coughing fits.
MENTIONED IN THIS ARTICLE
Chamberlaina
Auto Repair Services Move to Flores Avenue
To Auto Owners Tam now located at 812 Flores Avenue in a clean building offering auto repairing and adjusting. Seeks continued patronage from friends and the public in general.
MENTIONED IN THIS ARTICLE
Tam
Flores Avenue
Parish groups schedule meetings this week
The Junior Auxiliary of Christ Church meets Tuesday at 4 PM at the Rectory. Wednesday features a Parish Guild gathering at 3 PM with Mrs. A B Muller.
MENTIONED IN THIS ARTICLE
Christ Church
A. B. Muller
Social notes from Laredo and surrounding towns
Travelers and visitors arrive and depart in Laredo with stops at Mercy Hospital and family homes. James Shirley passes through en route to Mexico City. Dr Stone returns home from Junction. Miss Margaret Yeager and Miss Rosalie Wormser prepare for moves to Ohio and Cincinnati Conservatory. Miss Anita Vara Dumas visits Dallas via San Luis Potosi. A Woman's Missionary Society meeting at the Methodist Church features Miss Denton leading a Bible study and plans a chicken supper for February 14 with local attendees listed.
MENTIONED IN THIS ARTICLE
James Shirley
Laredo
Mexico City
H. G. DaCamara
City
J. M. Dumas
Irene
Dallas
Ban
San Luis Potosi
Mexico
Dumas
Anita Vara
Woman's Missionary Society of the Methodist Church
Miss Denton
Misa Denton
Mesdames Manford
Nixon
Guinn
A. G. Thompson
Patton
Seaman
Rio Grande and Eagle Pass Railway Holds Stockholders Meeting
The Rio Grande and Eagle Pass Railway Company will hold a stockholders meeting March 2 1922 at 4 PM in the General Office in Laredo Texas to elect directors and conduct other business. The directors meet immediately after at the same location. Secretary J D Merriman signs the notice.
MENTIONED IN THIS ARTICLE
Rio Grande and
Eagle Pass Railway Company
Laredo
Texas
J. D. Merriman
Weather Forecast and Fort McIntosh Observations
Forecast from the United States Weather Bureau notes tonight fair and not so cold with heavy frost. Wednesday expects fair conditions and warmer temperatures. Observations at Fort McIntosh show a 57 degree maximum and 31 degree minimum, with north winds and clear skies.
MENTIONED IN THIS ARTICLE
United States Weather Bureau
New Ouleania
Times
the Telephone Co
Fort McIntosh
Chamberlains Tablets for Indigestion and Constipation
Melard F. Craig of Middle Grove N helps promote Chamberlains Tablets as the nicest pleasantest medicine for indigestion and constipation. The product is said to work like a charm and not gripe or cause unpleasant effects.
MENTIONED IN THIS ARTICLE
Chamberlain
Melard F. Craig
Middle Grove
Calendar reform convention considers 13 month year plan
Washington February 7 Associated Press reports a national convention of business professionals and scientists debating calendar reform to back a bill in Congress that would replace the current calendar with a year divided into thirteen months of 28 days each.
MENTIONED IN THIS ARTICLE
Washington
National Convention of Business Professional and Science
Congress
Horton arrives to start asphalt work on new international bridge
B. W. Horton of the Uvalde Rock Asphalt Co. has arrived in Laredo and will begin laying asphalt on the flooring of the new international bridge, with work set to start Thursday morning.
MENTIONED IN THIS ARTICLE
B. W. Horton
Uvalde Rock Asphalt Co
Laredo
Boy Scouts of America Marks 12th Birthday
Tomorrow the Boy Scouts of America celebrates its twelfth birthday with 523,000 members enrolled and over 2,000,000 boys having taken the organization’s pledge during the past twelve years since its 1910 founding and 1916 congressional charter.
MENTIONED IN THIS ARTICLE
Boy Scouts of America
Congress
Scout Oath Recited On Honor Pledge
The speaker commits to duty to God and country and obeying the Scout Law. They vow to help others at all times and to stay physically strong mentally awake and morally straight.
Scout Law Proclaimed in Traditional Twelve Points
A historical list outlines the twelve Scout Law items. It covers trustworthiness, loyalty, helpfulness, friendliness, courtesy, kindness to animals, obedience, cheerfulness, thrift, bravery, cleanliness, and reverence. Each point emphasizes duties to self, family, community, and God.
They Appeal to Our Sympathies
Advise use of Chamberlains Tablets for stomach upset and digestion. The ad claims the tablets strengthen the stomach, invigorate the liver, improve digestion, and produce gentle bowel movements, offering a health restoration path.
Notable Birthdays and Political Milestones Across Nations
Centenary of Charles G. Gunther’s birth and Alexandre Ribot’s 80th birthday noted. William H. English obituary marks the 25th anniversary of his death. British Parliament session opens as Sinn Fein plans strategy. US Canada calendar reform talks at the National Museum. Detroit United Railway stockholders set a price for selling to the city as court actions loom. Thomas Walsh faces murder charges in Chicago.
MENTIONED IN THIS ARTICLE
Charles G. Gunther
New York City
Alexandre Ribot
William H. English
Indiana
Sinn Fein Executive Council
United States
Canada
National Museum
Washington
Detroit
Detroit United Railway
Thomas Walsh
Chicago
Adolph George
Taxicab Driver Charged With Murder In Amarillo Case
Roy Broadus a taxicab driver is charged with murder in the death of Bille Verner alias Georgia Pile of Clayton New Mexico who was fatally injured near Amarillo when she was thrown or fell from the automobile. Two women and a man members of the fatal party remain jailed on perjury charges tied to testimony in the court inquiry.
MENTIONED IN THIS ARTICLE
Associated Press
Amarillo
Texas
Roy Broadus
Bille Verner
Georgia Pile
Clayton
N. M
Murguia Plans Invasion From Mexico United States
Mexico City reports General Francisco Murguia crossed from the United States to Mexico and returned to San Antonio without clashes. A February 15 invasion is planned with Generals Hernandez Trejo and Cardenas in Michoacan Guanajuato. Other generals oversee Vera Cruz and Durango as war offices say forces are sufficient.
MENTIONED IN THIS ARTICLE
Associated Press
Mexico City
Francisco Murguia
Mexico
United States
San Antonio
War Offices
Murguia
Eduardo Hernandez
Rafael Trejo
War Office
Francisco Cardenas
Michoacan
Murgula
Guanajuato
Miguel Aleman
Vera Cruz
Domingo Arrieta
Durango
Vatican Begins Coronation Preparations for Pius XI
Rome on February 7 reports the Vatican restoring its ceremonial brilliance after the death of Pope Benedict. Preparations for the coronation of Pope Pius XI set for February 12 are underway, with church officials and ceremonies planned.
MENTIONED IN THIS ARTICLE
Associated Presa
Rome
Vatican
Pope Benedict
Pius XI
Fire Destroys Lexington Hotel in Richmond
Three known dead and at least 25 injured after a fire destroyed the Lexington Hotel and nearby structures on Twelfth and Main. Sixty seven guests were believed inside. police fear the death toll may rise to 16 or 20 as 20 persons remained unaccounted for at 8 30 this morning. Several were injured leaping from windows and some entombed when the fire escape collapsed.
MENTIONED IN THIS ARTICLE
Richmond
Lexington Hotel
Twelfth
Main Streets
Traveling man touts Chamberlains Cough Remedy
A well known traveling man says druggists frequently ask buyers if a cough medicine is for a child or adult and nearly always recommend Chamberlains Cough Remedy. He claims it is safe for all ages and cures colds croup and whooping cough.
Water Power League of America Meets in New York City
The annual conference of the Water Power League of America opens in New York City with discussions on the St. Lawrence River canal project and broader power development topics.
MENTIONED IN THIS ARTICLE
St. Lawrence River Canal
Water Power League of America
New York City
Mystery Notes Tied to Taylor Case Surface in Los Angeles
Detectives found a butterfly stationery note from Mary Miles Minter in Taylor's belongings, reading Dearest I love you. Mary did not deny authorship. Letters in schoolgar code discuss Camouflage and meeting downtown. Mabel Normand denies romance with Taylor and dismisses drug party rumors stating their friendship was only comradeship.
MENTIONED IN THIS ARTICLE
Mary Miles Minter
Sands
Los Angeles
Taylor
Examiner
Mary
Mamma
Mabel Normand
Mabel
Henry Peavey
Mr. Taylor
Police Issue Telegraphic Warrant for Edward Sands
Los Angeles police issued a telegraphic warrant charging Edward F. Sands alias Edward Fritz Strathmore, former butler to Willam Desmond Taylor, with the murder of the film director. The warrant was wired to Constable Berning in Carlin Nevada after surveillance located a man matching Sands’s description.
MENTIONED IN THIS ARTICLE
Los Angeles
Cal
Peh
Edward F. Sands
Edward Fritz Strathmore
Willam
Desmond Taylor
Los Angeles Police Department
Berning
Carlin
Nevada
Los Angeles Examiner
Sands
Taylor’s Heirship Revealed in Screenland Editor Interview
Los Angeles reports William Dea mond Taylor leaves a son named Reuben Davis, 26, of Texarkana Texas, and a daughter Ethel Daisy of New York, per Editor McDowell of Screenland in an Examiner interview. The son is said to be from a previous relationship with a woman not named in prior reports.
MENTIONED IN THIS ARTICLE
Los Angeles
William Deamond Taylor
Reuben Davis
Texarkana
Texas
Ethel Daisy
New York
McDowell
Screenland
Examiner
Young Taylor
Denial Ties Texarkana Taylors to Los Angeles Case
Friends of the William Taylor family formerly of Texarkana deny any link between the local Taylors and the slain Los Angeles movie director case.
MENTIONED IN THIS ARTICLE
Texarkana
Texas
William Taylor
Los Angeles
Woman Pioneer Mat tie C. Rucker Died From Burns
Sherman Texas Feb 7 Mrs Mattie C Rucker a 69 year old pioneer here died at her home last night from burns suffered when her dress caught fire on a gas stove late yesterday her death ends a life long in the community and household duties context remains.
MENTIONED IN THIS ARTICLE
Sherman
Texas
Mattie C. Rucker
Diplomats Farewell Notables Sail on Aquitania
Diplomats and officials from several nations gathered in New York to bid farewell to notable figures departing on the steamship Aquitania bound for Southampton and Cherbourg. Among the passengers was Mr. Balfour.
MENTIONED IN THIS ARTICLE
Associated Press
New York
Southampton
Cherbourg
Mr. Balfour
Ouster suit set for Carter county officials hearing
Ouster proceedings against Sheriff Buck Garrett and three Carter county officials are to come up in the district court at Ardmore before Judge Edward D. Oldfield of Oklahoma City. The case, filed in federal court, concerns alleged official misconduct and seeks removal from office. The hearing occurs in Ardmore on February 7.
MENTIONED IN THIS ARTICLE
Associated Press
Aardmore
Okla
Buck Garrett
Carter County
Edward D. Oldfield
Oklahoma’ City
Foreigners to be unmolested near frontiers and coast
In a decree issued by President Obregon foreigners owning property within 100 kilometers of the Mexican frontiers and within 60 kilometers of the coast are not to be deprived of their holdings while Article 27 regulation is discussed. The decree directs the agriculture secretary to make immediate amicable adjustments with such owners.
MENTIONED IN THIS ARTICLE
Associated Press
Mexico City
Mexican Frontieras
Obrepon
Department of Agriculture
Secretary of Agriculture
President Halts New Vessel Work Amid Naval Treaty
Associated Press reports President Harding ordered suspension of all ongoing vessel construction destined for scrap under the naval treaty. A final discontinuance order will wait until ratification. He also ordered suspensions of Guam fortifications and ongoing Philippine developments, tying the move to the treaty’s Pacific status quo clause.
MENTIONED IN THIS ARTICLE
Washington
Harding
Wll
White House
Guam
Philippines
Pacific
United States
Fire damages McMakin Building in Greenville Texas
A nighttime blaze in Greenville Texas caused about 30000 dollars in damage to the McMakin building. No injuries reported as firefighters battled the flames and secured surrounding structures.
Davidson Indicates Senate Candidacy in Texas
Lieutenant Governor Lynch Davidson plans to run for United States senator, Rep. Satterwhite says. Satterwhite reports discussing the move with Davidson in Houston.
MENTIONED IN THIS ARTICLE
Austin
Texas
Lynch Davidson
United States
Representative Satterwhite
Satterwhite
Davidson
Houston
Imperial Parliament Opens With New Irish Treaty Speech
London February 7 Parliament reconvenes after prorogation to hear King George read the throne speech. The assembly resumes discussions on the Irish treaty awaiting Dail Eireann action.
MENTIONED IN THIS ARTICLE
Associated Press
London
Imperial Parliament
Dail Eireann
George
Lloyd George hails Washington conference as great achievement
London February 7 Lloyd George in the opening Commons session called the Washington conference one of the greatest achievements ever registered in world history.
MENTIONED IN THIS ARTICLE
London
Lloyd George
House of Commons
Washington
Cost of soldier bonus tops two and a half billion
Washington February 7 The soldier bonus would cost the federal government about 2 1/2 billion dollars according to estimates prepared for the House Ways and Means Committee by fiscal officers of the Army Navy and Marine Corps. The estimate assumes 60 percent of Army veterans and 75 percent of Navy and Marine veterans would take cash.
MENTIONED IN THIS ARTICLE
Washington
House
Ways and Means Committee
Army Navy and
Marine Corps
Army
Navy
Mississippi suit against Governor Rungell set for May term
A $100000 damage suit filed against Governor Rungell of Mississippi for seducing a young woman employee will be called for trial at the May term of the federal court in Jackson. The case was filed in February and is expected to proceed in the federal court in Jackson.
MENTIONED IN THIS ARTICLE
Associated Press
Jackson Miss
Rungell
Mississippi
Also Mentioned on This Page
Prem
Income Tax Facts
FAIRY
Ewing
Mae Aes
Dr. Stone
Junction
Reagan Stone
Mercy Hospital
Mrs. M. Johnson
Oklahoma City
Mrs. H. W. Earnest
Buda
The
Mr. H. G. Earnest
Mrs
Marcus Wormser
Brownsville
Margaret Yeager
Mr. L. Purwin
Rosalie Wormser
Columbus
Ohio
Conservatory of Music
Cincinnati
I. J. Shirley
Corpus Christi
Missionary Meeting
Scoutminster
Wabel Norman
Obregon
Associated Presse
Senate
Greenville
McMakin
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