Tax-exempt dividends in utilities face wind-down after 1972
Babson's Reports explains that tax exempt portions of utility dividends reduce investment cost but will be largely eliminated after June 30 1972 under the Tax Reform Act of 1969. Consol Edison foresees a drop from 100 percent tax exemption in 1970 to about 35 percent in the first taxable year after the shelter ends. Municipal bonds emerge as an alternative for high bracket investors while some utility stocks remain attractive for growth. Citizens Utilities and Florida Power are highlighted as examples of strong utility players with growth and tax considerations.
MENTIONED IN THIS ARTICLE
Utilities
Consolidated Edison
Citizens Utilities
Tax Deferment Rules for Home Sale Gains
A five year move rule allows tax deferral on home sale gains if the buyer purchases and occupies a new residence within one year. The law requires strict adherence to the conditions. A man who remodeled a new home but still rented did not qualify, as intentions alone did not meet the criteria.
MENTIONED IN THIS ARTICLE
Treasury
Legal ruling on time limits and evidence in court cases
Discussions of tax emption timing for building a home and six month leeway, plus rulings on admissibility of gruesome evidence in murder and manslaughter trials. Courts often allow physical or photographic evidence if it aids the jury, while excluding gratuitous gore.
Public service feature on truth in courtrooms by ABA and Texas Bar
Will Bernard hosts a public service feature for the American Bar Association and the State Bar of Texas exploring how truthful evidence is tested in courts. The piece discusses ethical standards, professional responsibility, and the role of lawyers in upholding integrity during trials.
MENTIONED IN THIS ARTICLE
American Bar Association
State Bar of Texas
Will Bernard
Grateful family remembers Mr F C Vogler
The Vogler family thanks friends for sympathy after the death of their brother and uncle. Cards visits calls and meals provided comfort to Mrs Ethel Hantsche and the children and grandchildren.
MENTIONED IN THIS ARTICLE
F. C. Vogler
Ethel Hantsche
Treatment claims for athlete's foot product at Main Drug Company
An ad promotes a product T-4-L for athlete's foot claiming fast itch and burn relief within minutes and skin sloughing in 3 to 5 days with healthy skin replacement. It offers a 48 cent money back guarantee if not delighted within one hour and lists Main Drug Company as the seller.
Notice of Unclaimed Bank Accounts at Winters State Bank
Names of persons appearing as owners of unclaimed balances held by The Winters State Bank are listed. Depositors or owners must prove ownership at the bank within nine months. after that period funds may be reported to the State Treasurer under Article 3272b. The bank seeks information to locate account owners.
MENTIONED IN THIS ARTICLE
Winters State Bank
P. O. Box
Winters, Texas
State of
Texas
The
Also Mentioned on This Page
Che Winters Enterprise Hill & Thomas, Publishers
Winters
Babson’s Reports, Inc
Alternative Investments
Vermont
Hawaii
Arizona
California
Florida Power Corporation
Florida Power
Bahlman Jewelers
South Main
Muddy
Ill
Life Insurance
Social Security
the Winters State Bank
Esau Se
BANK
H & R Block
Kients H&r
America
Main Drug CO
iColony Paints
Foxworth-Galbraith Lumber Company
Chicago Cattle Loan
Mrs. Gee, Speidell
John Waggoner
T. J. Wood
Miss Grace Wyatt
Joe Wilmeth
Fort Worth
Ben Spill Winters
Rockridge Terrace
Washburn
Waddell Chevrolet Co
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