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Newspaper
Marshall Herald
Location
Marshall, Illinois, United States of America
Date
Apr 20, 1956
Page
4
Commissioner clarifies 1955 rulings on charitable gifts of livestock or crops. No income tax on market value of gifts to charity. deduction allowed for fair market value, but production costs cannot be deducted and prior-year costs must be subtracted to avoid double deduction. Consider gifting appreciated property for full charitable deduction.
It now seems certain that the same one also applies to the payment of a charitable pledge with property that has appreciated in value. There is no tax on the gain, and the charitable deduction is taken in the year the property is transferred to pay the pledge.
A farmer may gift livestock or farm produce without including market value in gross income following two court rulings. Land with unharvested wheat can be given to children with no parental taxable income, and cattle given to a daughter similarly. Tax basis for recipients equals the parents’ cost basis, and farmer costs on gifts are deductible.
Agricultural engineer K M Peart warns poor lighting causes eyestrain and accidents. He notes bigger bulbs or fluorescents increase light per watt. 100 watt gives more light than four 25s and fluorescents yield more light per watt but fixtures cost more. Quality lighting means soft uniform light with little glare. CLM lamps assure high quality by certification.
Rabies vaccination of dogs at Dixon Springs is underway with Daybreak calls by Doc Mansfield to protect families and livestock. Forester Randy Boggees and chief girdlers Laverne Bailey and Lowell Ditterline use a back mounted circular cutter to girdle unwanted trees. Sericea lespedeza is proposed as a soil building crop to keep land out of production. Dairy extension Leo Fryman notes high milk production metrics, highlighting an annual 230 pounds butterfat per cow and comparing profitability across herd sizes.
The Illinois Veterans Commission announces scholarships for high school graduates who are children of veterans from World War I II or the Korean conflict to attend any University of Illinois department. Applicants must be at least 15 or have college work, pass a competitive exam, and be from a county with extra awards. Cook County also receives additional scholarships. Willard A. Manning urges veterans and dependents to apply. Service officers are listed for Edger and Clark counties with hours noted.
Owen Caridier pastor and Joe Weisth superintendent lead the Armstrong Methodist Church schedule Sunday school at 9 90 a m and prayer service at 7 30 p m Wednesday Rev O L Sweitzer of Olmstead Illinois will be the guest speaker with 7 00 p m Wednesday MYF in session.
A garbled social column fragment mentions visits in Kentucky by Mr and Mrs Jo Ausby Clemie and Mrs Clara White with Mr Johnson. It notes a birthday party for Robert Statesman and a visit by Mr and Mrs Walter Cox to relatives, with incomplete details about hospital travel in Mattoon on a Sunday.
June te Miss Margie Carpenter of Martville spent Friday through Saturday with Miss Vera Cannady at 70250. Mr. and Mrs. Bernard Gene and Mrs. Dick Chapman hosted. Vera visited Thursday evening. Mr. and Mrs. Carl Carpenter traveled to Martinsville. Mr. and Mrs. Warren Ranaenine and June called on Flossie Kenderdine Sunday afternoon. Mr. and Mrs. Howard Draperiepank visited Friday night with Edward Cannady. Mrs. Celia Dodd returned home Monday after visiting RedeMond. Several relatives gathered Sunday at E. Deag Thompson and Janice Rae to celebrate her birthday.
William Allen Kibler born March 17 1876 in Jasper County as son of Robert and Louisa Newlin Kibler. Married Mary Kirk January 29 1901, four children Austin Everett Ralph Charles. 32 grandchildren and one great grandchild. Lifelong traveler and neighbor, health declined about ten years ago, died March 31 at Paris Hospital.
Congregational news invites readers to visit the church Sunday school led by Superintendent Charten Bush. A morning service follows at 10 30 with a sermon on Life's Greatest Riddle. The Herald appears on 6260 per.
The notice lists worship times across several churches including a 9 50 devotion and services at 10 30 and 9 30. It mentions teachers and leaders such as Herman Thompson and Roy Dicker Bele, with evening worship at 7 30 and a prayer meeting Thursday at 8. The passage closes with a biblical exhortation about justice mercy and humility.
The Trinity E U B Church schedules morning and evening preaching with Rev Leo B Venatta as speaker. Sprayer and praise services occur Wednesday evenings at 730. Members and community are urged to attend Sunday school and church services regularly.
John Edward Setzer born 1883 died April 14 1956 at age 72. He married TalMart Macke in 1904 and they had two children Mary Kathryn and John Fred. Survived by daughter Kathryn Goekler three granddaughters and siblings Ben and Mrs Marie Mae.
We wish to thank friends neighbors and relatives for acts of kindness and sympathy during the illness and death of our husband and father Rev Mrs E C Kance the singer and Mrs Benton Marrs. Mr and Mrs John F Setzer Mr and Mrs Lawrence Goekler
From a grateful heart the writer extends sincere thanks to those who aided during illness and hospital stay. Thanks for cheering cards flowers letters and visits at hospital and home and for prayers. Special thanks to blood donors and Mrs Grant Hollenbeck.
Emanuel and Zion churches announce 9:30 church school and 10:30 worship with a 9:30 school and 10:30 service in Emanuel led by John Douglas. Zion offers 9:30 school with William Tingley, 10:30 prayer meeting led by Robert Finkbiner, 7:30 worship, plus Christ Our Peace message. Tuesday 7:30 prayer meeting and Bible study, Thursday 1:30 WSWS at Mrs. Robert Maurer's home.
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