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Lompoc Record in Lompoc, California

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This newspaper page contains 6 articles. Subscribers can read the full text of each article.

Newspaper

Lompoc Record

Location

Lompoc, California, United States of America

Date

Mar 22, 1956

Page

2

Class of 31 to Old Reunion at Valley Club

Members of the Lompoc High School Class of 1931 plan a barbecue dinner March 24 at 7:00 p.m. at the Valley Club to mark the 25th reunion. Attendees include Stella Lundberg Adlie Leu A Rivaldi Charles Kendall Leo Archer Richard Canfield Salvador Martinez Marguerite Macy Fred Ruffner Perry Benson Esther Nelson and others from Shell Beach Santa Barbara and nearby towns.

Lompoc Valley Club Stella Lundberg Adlie Leu A. Rivaldi Charles Kendall Leo Archer Richard Canfield Salvador Martinez Marguerite Macy Fred Ruffner Lompoe Perry Benson Santa Barbara Benson Gaiborins Esther Nelson Shell Beach B. N. Solovsky Lompoc High School

Johns-Manville to Build 54,300 Sq Ft Hardboard Plant

Johns-Manville will enter the hardboard business with a 54,300 square foot Natchez Mississippi plant next to its insulating board works. The project, part of a $26 million 1956 expansion, will add 6 million square feet of capacity, 120 jobs, and about $500,000 to Natchez payroll. The company also eyed gypsum, and has other expansion plans including plants in North Bay Ontario Savannah Georgia Stockton California and Klamath Falls Oregon.

Johns-Manville Natchez, Miss O. B. Westmont Natchez Nevada North Bay Ontario Savannah Georgia Johns- Manville Stockton Calif Klamath Falls Ore Marrero

Depreciation Tax Rules Explained for Federal Returns

Depreciation on property used for business or income production is allowed only if the asset has a determinable useful life and is used in a trade or business. For mixed use, only the business portion is depreciable, and methods include straight line, double declining balance, and sum of the years digits.

Calif. Water Resources Dept Faces Senate Hurdles

The Farmer's Corner notes a push to form a unified State Department of Water Resources via A B 4 Special Session during March. Critics worry seven existing agencies and county origins debates may derail passage as political maneuvering looms. editors urge senators to act as statesmen. Subscription rates listed at end.

Department of Water State Department of Water Resources Assembly Colorado River Board Reclamation Board District Securities Commission State Water Pollution Control Boards Regional Water Pollution Control Boards Water Resources Advisory Board Feather River Department of Water Resources Senate State Senate

Depreciation Methods Explained for Tax Returns

The text outlines straight line, double declining balance, and sum of the years digits methods for asset depreciation. It notes new accelerated methods allowed for property with three or more years of life, constructed after 1953, and advises consulting a District Director of Internal Revenue field office for guidance.

Internal Revenue

Something Weighs On A Family Weekender

The narrator describes unsafe bathroom access with razor blades and aspirin, broken locks, and children making noise while guests sleep. Joe arrives at breakfast, eats heavily, and reads the sports page, as a weekend guest with ongoing troubles.

Joe

Also Mentioned on This Page

Lompov Moore's Wally Brown Yager Stadley's Can—Armour Gerber Ham Wieners SDA Loma Linda Zee Hixson Betty Crocker del Monte Lipton Soup Count Zee White Campbell Ivy Washington J-M the Farmer's Corner Sacramento Our Legislatur Lompoc Record Ocean Avenue California Lon’ Poe Cali Capitol Barbara County King's Salem King Furniture Outlet West Ocean Avenue Great Savings
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