04 Feb 1906
Page 1
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Newspaper
San Antonio Sunday Light
Location
San Antonio, Texas, United States of America
Date
Feb 04, 1906
Page
1
Advert shows men can earn 4 percent per year on all sums over ten dollars by depositing at the AMERICAN BANK & TRUST COMPANY on the Alamo Plaza. It claims a safe bank with a board of city business leaders and invites readers to give it a trial.
Mrs J Gid Morris and Miss Reath Morris of Marietta with Mr and Mrs Harvey Morris W 8 Morris and Mrs J H Wurtz called at the Light office last night.
The Senate votes on a controversial plan to tax money on deposits as a response to a fiscal crisis. The debate centers on how the tax would be applied and who bears the burden. Options include transitional rules and potential exemptions.
A heated contention over taxation led to deposits shifting from Mississippi banks to banks in other states, straining local institutions as funds drained away and financial concerns intensified.
The Mississippi Senate revised its tax act and voted 22 to 14 to exempt money on deposit from taxation. Debate centered on idle money and depositors fleeing the state. few bankers knew of the old tax law and some depositors moved funds to New Orleans and Memphis. The House reconsidered unlawful retailing as a felony but the bill was defeated after debate.
Albert Miller and Frank Smith, jailed on vagrancy charges, escaped last night after 7 pm from the city jail. They were arrested near the railway depot and, as trusts, aided by a boy who also fled but returned to warn officers. Police searched the area for the two men.
Baton Rouge February 3 Special to The Light reports an act of 1904 authorizes the governor to hire an architect to study Senate and House chamber acoustics. Governor Blanchard issued a December 1 notice seeking proposals due February 1 noon, but no bids were received after sixty days of ads in the official journal and New Orleans papers. The project will likely be re advertised.
Oil firms and other taxpayers show prompt compliance with the Kennedy tax law in Austin Texas as reports and remittances reach the comptroller’s department. Higgins Oil and Fuel Co paid substantial taxes for the quarter ending December 31 1905 including oil production value tax and pipeline and tank car levies totaling 275.85 dollars.
Local shop C H Deans advertises specials on rubber tired vehicles with price reductions and feature highlights. The clipping notes emphasis on tires and wheels and urges customers to visit the store for deals.
Judge Moss informs the grand jury to indict Memphis officers and police commissioners if proof shows they failed to enforce laws against gambling and crime at saloons open on Sundays, amid rumors of ongoing gambling in the city.
Washington reports that American capitalists push to lift land restrictions in the Philippines The Philippine commission says current laws cap individual sales at 40 acres and 2500 acres to a person firm or corporation The report notes few Filipino homestead applications or leases and argues for reform to attract large scale ownership by foreigners.
Havana reports general disappointment that President Roosevelt disapproves of the $26,000 Cuban gift to his daughter for her marriage. Cuban officials argue the gesture reflects relations with the United States and Cuba should respond to similar gifts from other nations. Senator Offratil cites a unanimous congressional act as contrary to the report awaiting Cuba's minister.
Glasgow telegraph reports designer Alfred Mylne saying the next move for an American cup challenger rests with the New York Yacht Club. Sir Thomas Tipton has discussed a proposed new challenger design aligned with the new measurement formulas, and approval could trigger a race under the updated rules.
February 270th marks a notable gathering of ancient buffoons at Turner Hall. Participants from the Phi tonic world will answer roll call as the fools congress is in session.
Austin Texas February 3 The attorney general filed in the Court of Civil Appeals the states brief in the case of the state against the Paris and Great Northern Railway company The state contends the trial court lacked jurisdiction to render the judgment on the Kennedy bill tax question and asks reversal and dismissal at appellees cost The railway suit seeks to enjoin tax collection retroactive effects of the Kennedy bill and the state argues the tax applies for the full year while a district court held only a pro rata share is due
An ad promotes Garden Street Stables offering stylish horse drives to boost color in the cheeks and appetite. Located at Garden Street, phone 212, it markets an appealing riding experience.
The Georgia injunction limits John Temple Graves from public remarks about his Senate bid and related litigation with Charles Daniels and the Atlanta News. Graves responds that if he renounces his candidacy he may resume editorial work and believes the fight reflects broader issues beyond his ambitions.
Articles filed in the secretary of states department establish the San Marecos Lubbie Traction company with principal office in San Marcos Texas. Capital stock is four hundred ninety thousand dollars. The plan is to build an electric railway from San Marcos to Luling a distance of 28 miles. Directors include J H Jennings Martindale R G Neighbors C R Smith A T Fisher and J W Scott. J W Scott fled the charter and claims readiness to begin construction on the fertile line yesterday afternoon.
Houston figures plans are under way for a state automobile race meet in Houston on April 21 and 22. The Houston Automobile Club and others are organizing the event with attractive prizes for entrants.
Both sides press briefs in sixteen state tax lawsuits against railroads totaling over one million dollars. Decisions may go to the Supreme Court, with railroads planning appeals to the United States Court.
Judge N A sees general attorney of the state and W Be unseen discuss filing written agreements on appeal of the railroad injunctions and tax suits. The court may decide six injunction cases and sixteen tax cases together in one opinion. If adverse the railroads may appeal to the US Supreme Court. The cases involve over a million dollars in taxes penalties and forfeitures.
The Telegraph and Cable company paid its state taxes into the comptroller's department under the Kennedy bill for the quarter ending December 31, 1905. The total gross receipts were 24 449 dollars, with 16 507 68 dollars from full and half rate messages and 7 942 from leased wires, at an 8 percent tax totaling 732 dollars.
Pearce Robison Undertaking Co offers services at 220 W Commerce with both phones. Garden Street Stable advertises safest horses and carriages with two phone numbers for contact.
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