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Newspaper
Scottsdale Progress
Location
Scottsdale, Arizona, United States of America
Date
Jun 25, 1963
Page
3
The investor letter explains Madison Fund and General American Investors pay income dividends and capital gains distributions, not watered stock. Distributions come from earned income or realized gains and may be taken in cash or as additional shares, keeping the backing capital intact.
IRS backs down on some travel and entertainment deductions under new expense account rules. National Restaurant Association counsel Thomas W. Power calls the measures too complex for the average businessman and urges Congress to simplify. The relaxed rules apply to country clubs lodges and yachts and even nightlife and theater with spouses allowed, but enforcement begins after July 31 to allow taxpayer familiarization.
Pope Paul VI received 400 pilgrims from Philadelphia in a 15 minute audience in the Consistorial Hall. He spoke in English and pledged to arrange a beatification for 19th century Philadelphia Bishop John N Neumann as soon as possible.
A missing Coolidge housewife, Vera Snelson, 50, was found dead about 300 yards off a back road near Mount Lemmon. Sheriff’s Deputy Robert Lewis located the scene after spotting her abandoned car. Autopsy planned to determine death cause. authorities say the bruise marks suggest a fall.
Mort Kimsey former mayor and council member urges Scottsdale to press for full city status on the 12th anniversary of incorporation. He notes the town has grown to 40 000 residents over 73 square miles and stresses the need for a water system zoning map and orderly growth while reflecting on annexation and governance.
Byron De La Beckwith, 42, of Greenwood, faces murder charges for the June 12 slaying of NAACP field secretary Medgar Evers in Jackson Mississippi. A death penalty request was planned if indicted, with a preliminary hearing set and FBI-linked evidence including fingerprints and a telescopic rifle sight.
The Maricopa County clerk issued licenses to Jack A. Canyon 25 of Scottsdale and Barbara T. Ash 20 of Phoenix and to O'Neil Feltman 22 of Alden Alabama and Eddie Paula Putmann 21 of Scottsdale. St Joseph's Mr and Mrs James Shoton aged from 4731 North 82nd Street are noted in the record with a June 21 date.
The Maricopa County Health Department license field crew surveys Scottsdale households to count dogs and cats and locate unvaccinated or unlicensed pets. Dr. S F Farnsworth reports about 40 percent of Scottsdale dogs are not vaccinated or licensed and four of 100 cats lack rabies vaccination. Citations are issued for noncompliance. cats are not legally required to be vaccinated, but rabies risk remains.
James R. Hoffa and seven co defendants entered not guilty pleas to charges alleging a $20 million loan scheme involving the Teamsters Central States Pension Fund. Federal Judge Richard B. Austin set a trial date for October 7 as the Justice Department signals its strongest attack yet. Hoffa vowed a quick trial and criticized Robert Kennedy while asserting the pension fund’s safety.
Senate leaders Humphrey and Dirksen draft a resolution urging U S negotiators to secure assurances that access to export markets for American agricultural products will be maintained in talks with the European Common Market. The move accompanies Kennedy’s Europe trip and follows new EU policies reducing American poultry and wheat flour imports. Signers include Russell Fulbright Byrd Kuchel.
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