University of South Carolina Libraries
vwvvvvvvvvvvvv* > ^ V LONG CANE. < V < Mr. and Mrs. Julius King, and littl one, spent Monday of last week wit! Mr.and Mrs. W. T. King. Miss Allie Beau ford spent Thurj dav nient and Friday with Miss Mar; Kay. Mrs. W. D. Beauford antl daugh j ... ter, Miss Nina, spent Friday in tin city with Mr. and Mrs. J. M. McKel lar. Mrs. W. T. King spent Tuesday ii the ciyt with Mrs. J. A. Woodhurst. Mr. and Mrs. J. H. Cromer am Mrs. Arthur Ei*win were shopping ii F&V the city Wednesday. Messrs. Robert and Willie Beau ford, of near the city, spent Wednes day with Mr. W. D. Beauford.. Misses Linnie and Nina Beaufon spent Monday with Mr. and Mrs. J H. Cromer. Mr. Sam Bruwell, of McCormick was visiting in this community Wed nesday and dined with Mr. L. F. Fin ley. Miss Mary Kay spent Thursday witl the Misses Beauford. T A _ U. Iivir. j. a. luiuer wcid a uudiiicoi imMHiiiuiiuwnniRinrumumimiiHminimniiiuiriiiiiMniiitiiiiniiraiiitiiiiiiitiiiiitiiifiiimiii Legal FOR We now have a lai Real Estate on hai ii out for some time an n ply all demands for well as Mortgage of ' If other legal forms. 11 The Press PKi IN I fc-KlD fn TT nivil ft jwwun a >\>u ? g food, or a little money investe< S Truck, Cotton or Grain crop i g choice now, g Progressive Southern fanners long ag< B hausted soils with Phosphoric Acid, / I PLANTERS I 8 DOUBLES r because it contains available P hosphoi 8js right proportions. ? Better place your order for Planters ri 5j Aslc any agent in your to?rn for infoi ? us direct. Every bag is stamped witl 9 for it?It's for your protection. \V Planters Fertilize \ ^ MANUF m. w visitor to the city Wednesday. J Mr. M. B. Kay spent the week-e v in Belton with his sister. Mr. W. E . Burdette, of the ci ? jspent the week-end with Mr. and M L'jW. S. Bosler. :1j We are glad to report that Mr. H. Botts and family are better a - the children are back at school. H We are sorry to report that I ;Edd Kellar is on the sick list. .! Mrs. B. L. Haddon, and childr 2 of Smithvillc, are spending a f . weeks with her home folks. We are glad to report that the has onlv been a few cases of flu 1 ?- ?? this community and they all seem jibe getting: along nicely. i Mrs. Edd Thompson, of Starr, j visiting her father, Mr. Dave Mille j Mr. and Mrs. W. S. Bosler, a 'little ones, spent Wednesday with 3 jand Mrs. W. D. Beaurford. j Mr. and Mrs. J. H. Cromer spc j Sunday with Mr. and Mrs. Euge ' 'Miller. Miss Clora Beauford spent W< '.nesday night with Mr. and Mrs. " S. Bosler. Misses Nine and Allie Beaufc jwere shopping in the city Thursds i| | Legal Blanks of all kinds at 1 31 Press and Banner Office. iimiMiiiiiuiuuNiimiiiiuiiitiiiiniiiiiiiiiiHiiiinHiiJiiirtHU'iiiniiiniiiiiHi'MiiHiiniiMiiniiiiiMiHiHii Fo ms SALE ge supply of Titles to id after having been d are prepared to supthese legal papers as Real Estate forms and and Banner PUBLISHERS SWMMfMl 11 n IBM i asted on a soil deficient in plant 1 in Planters Fertilizer?and your more than doubled? Make your ? realized the necessity of supplying exImmonia and Potash, which every crop FERTILIZER YOUR YIELD ric Acid, Ammonia and Potash in the ght now, and avoid delayed delivery, -mation, free advice, or prices, or write ti our Giant Lizard Trade Mark. Look ir & Phosphate Co. J ACTURERS Jm / SOUTH CAROLINA BAD DEBTS. < nd Before making any deduction for 1 ( bad debts on an income tax returns, ty,, '*! >*> (oviwubi' cVinnlr) mnkfl siirf* t.hflt. j>s. >-"C v-i he is entitled to do so, and that the ] bad debts are of such nature that' T ' .they are clearly deductible items. , i Just because the personal income ( Itax form provides spaces in which to claim an allowance against income j for uncollectible debts does 'not mean ^ Bn' that the taxpayer may search hi:; . .memory for a flock of personal loans'. and put them down on his return.- . Jyc! The space is block A for Bad debts ^ 111 is for use only by business and proSessional men who are entitled to adjust their income, and such adjustments can be made only in cases r' [where certain accounts have been in- ] eluded in the gross income and have j | since, during the taxable year, been ifound to be uncollectible. ^ Ti i* ^ ^ I In other words, only those who renp port their gross income on the ac--. crual basis, that is, include their en- 1 ifl I t t ? " AV nlio vo-oe ovn or? t i 11 orl f n JL1IC oaico VI VliaigVkJj ^'tviwivv. WW ^ ^'an adjustment to cover sales or charges that have been definitely de- 1 ,l(* jtermined to be worthless. A return P iy on the basis of cash receipts and dis-;' tjje bursements must not show a deduc-i tion for worthies debts; for the tax-i ; I C payer has shown as income only the f accounts which have pi-oved to be, -11 good. iii Arbitrarily "writing down" debts. I!'or bills receivable is not tolerated by ' lljlncome Tax. Such anticipated losses, 111 which the reserve for bad debts con11(stitutes, are wholly contrary to the; If'spirit of the law. The individual debt | 11 j itself, together with the circum-' If!stances in respect to its becoming ?| worthless, will alone be taken into ' {} j consideration when determining ||'it is deductible. || One other fact with respect to unII collectible accounts is emphasized by Ifjthe Internal Revenue Officials?that! 1| is, that any bad debt chargec off and ' = = j # # ( ||'later recovered is taxable income for, 11 j the year when recovery is msde. Some Other Bad Debts. IIi Bad debts mav arise not onlv in a] I" - * *( |li business or profession b't also!. |[| through bonds, notes, loans, mort-j i|; gages and other items of ind'btness,! If,wherein the assets of the taxpayer j |jjsutain an actual determined loss. In |' 11 these latter items, any actual losses;, |- sustained by an individual may be; I claimed as a deduction as Item 5, j' | J Block 1, of his return. | ! Holders of bonds which have be. | | | come woi'thless because of dissolu- i II tion and utter bankruptcy of the ts!|'suing corporation revealing no assets || for ditribution to the bondholders; si, I If ax-e entitled to deduct the loss sus- s || tained. The amount of such loss will 1 si! be determined by the actual cost; or, ] ? if purchased prior to March 1, 1913, ,the fair market value on that date. t j As to notes, loans, etc., which a c fc taxpayer deems uncollectible, the s t facts in each case will determine j whether they are proper deductions. I | They must be ascertained to be t | (worthless and must be charged off as c | an asset within the year. If a debt is n = forgiven it cannot be deducted, for I p| it thus becomes a gift and as such I 'does npt constitute a deductible item.; In the case of a lo.an to a relative f j* | i' or close personal friend,its character s '' las a true debt must be proven, if any a ft ! deduction is claimed when it becomes f V) I $ worthless. Worthless debts arising I I from unpaid wages, salaries, rents, or p '.similar items of income will not be al- it lowed as a deduction unless the in- c jcome such items' represent has been, 'included in the return of income -for c I'the year in which the deduction as a a bad debt is sought to bemade or in a 1 'previous year. For instance, a land-jilord cannot claim an allowance for] uncollectible rents, unless such rents | were included as income in his re-.j turn for the year when charged to his j [tenant. !no extensions on income tax returns j i Announcement *that there will be I no general extension of time for fily jing income tax returns was made by j 1 the Bureau of Internal Revenue to-1 j jj !day. Complete returns, accompanied j ^ i by at least one fourth of the amount ]1 | of tax due must be in the hands of ! r jcollectors' of internal Kevenue on or j; [before March 5th, 1920. Extensions i ?*? will be granted only in specific cases (| ?* j where urgent need for additional' I R time in preparing the return is j, shown.. j jj, Last year, if for good and suffi-; ? jcient reasons it was found impossible |j \ ; to complete a return by March loth. ] j I corporations and individuals were } "l permitted to file on or before that I f, date a tentative return and were j given an extension of forty five 1 , , lays in which to file complete re:urn. Conditions which justified such extensions last year do not exist this year. Regulations governing the collection of the income tax have been jut for almost a year and no substantial changes have been in i ;hem. "i oi.r..< lav now in the hands of Co!lectors'.of Internal Revenue for Jis 1 ;ribution amonp taxpayers and there s every reason to assume that the ' taxpayers have ample time in which :o prepare and file their returns by March 15th. It is important that the taxpayer!' render before the return due date aj *eturn as complete and final as it ispossible for him to prepare. However, 1 n cases of sickness or absence, Col- 1 ectors are authorized to grant an ex ;ension of not exceeding thirty days,; vhere in their judgment such further! ;ime is actually required for the mak- j, ng of an accurate return. The appli:ation for such extension must be nade prior to the expiration of the : )eriod for which the extension is desired. The absence or sickness of one' >r more officers of a corporation at ;he time the return is required to be tiled will not be accepted as a reasonable cause for failure to file the return within the prescribed time, unless it is satisfactorily shown that there were no other principal officers! available and sufficiently informed as to the affairs of-the corporation to make and verify the return. As a condition of granting an extension of time for filing a return ,the Collector may require the submission of a tentative return and estimate of the tax on Form 1040?T in case of corporations, and the payment of one fourth of the estimated amount of tax. Where a taxpayer has filed a tentative return and has failed to file a complete return within the period of the extension requested by him. the complete return when filed is subject to penalties prescribed for delinquencies. If before the end of an extension of thirty days granted by the Collector an accurate return cannot bo made, an appeal for a further extension must be made to the Commissioner of Internal Revenue with a full recital of the cause? fcr delay. The Commissioner will not grant an additional extension without a clear showing that a complete return cannot be made at the ersd cf thr> thirty day period. INCOME TAX PAYMENTS 'Ca.'/n payments c2 income taxes should not be sent by mail," says Collector of Internal Revenue, D. C. Hcyv.'stv "Cash sent by mail is always at ;he owners risk of loss; and if lost >r stolen ,the sender may find him- j ielf facing penalties for failure to j )ay his tax on time. "A taxpayer will find it more prac- j ical to purchase a post office money j rder, or draw a check for the a- j nount of the tax, pavable to the Col- j ector of Internal Revenue, D. C. j leyward. "The first payment, due on or be- 1 ore March 15th', should be attached j ecurely to the completed return, j ,nd forwarded or delivered to my of- j ice at The Palmetto National Bankj Juilding, Columbia, S. C. This first! layment must cover either the en-] ire tax shown to be due, or at least i >ne fourth of the tax due. "Early payments and early filing | ifthe returns is urged, in order that j in overload on the final date, March' 5th, may be avoided." IrfoliT: YOUR GRAY HAIR] You can Bring Back Color and j Lustre with Sage Tea and Sulphur. When you darken your hair with I Sage Tea and Sulphur, no one can f tell, because it's done so naturally, so = evenly. Preparing this mixture, I ^kmioiVi nf ItAmA 4a munotr o nrl fpnilKlo, 3ome. At little cost you can buy at 11 iny drug store the ready-to-use prep-11 aration, Improved by the addition oi I ither ingredients called "Wyeth'a Sage 1 and Sulphur Compound." You just I dampen a sponge or soft brush with { It and draw this through your hair, I taking one small strand at a time, j By morning all gray hair disappears, f and, after another application or two, I your hair becomes beautifully dark- j ^ned, glossy and luxuriant. Gray, faded hair, though no dls-! I jrace, is a sign of old age, and as we j | ill desire a youthful and attractive! I appearance, get busy at once with if CVyeth's Sage and Sulphur Compound ([ ind look years younger. This ready- f lo-use preparation is a dellghtfuf toi- 11 let requisite and not a medlalne. It I f s not Intended for the cure, mltiga- | \ ion or prevention of disease. j| KING TO TAKE CASE BEFORE JUDGE GARY Anderson Mail. Swiftly following the formal demand of Mi\ C. G. King, upon Sheriff Sanders to give up the office and records as sheriff of Anderson county, Mr. King lias employed counsel and will shortly go before Chief Justice n??i. A ui .;n~ i.~ ?i. r 3 K.iaiy at nuuevnie uu lur an uruer requiring Sanders to show cause why lie should not surrender the office. The case i:; now reaching the point where it will be watched with even greater interest by Andersonians. Arising from allegations set forth by former Policeman O'Bryant, who charged Sanders with intimate relations with his wife, and a report of the state bank examiner ,the case ?[Chen .. .z r^w. ' ?i\w: i . dk 1\ THE UNIV ii i There are more th.i daily service through i eighty per cent of the: j There are many reasoi 1 which is the simplicity | so, easy to understan operate; and mighty ; other motor cars. On business and for famil the people, and the d< day. Let us have yo : j want one. 3 t. iK It <.; i ^ > 11 /.v?<,' ?, r;! f ' i 'x* - to " kit jj '' f 4. ' L/awK'KMi| Austin-Pel i fnm Will We are essentially want to emphasize tl j| fine line of drugs ai jj medicines, etc. | WE PAY SPECIA1 Of TP PRF^PRTl V-f V/4% M. jl Among other item; jj be mentioned: Stationery E 1 Toilet Articles 1 Toilet Paper We handle a c | NUNNALLY'S C a n I Austm-r* I Com was brought before the attention of Governor Robert Cooper, who ordered Sheriff Sanders to vacate the office and appointed Mr. C. G. King as sheriff for Anderson county. Sanders is also an appointee of. Gevernor Cooper, having been appointed to fill the unexpired term of Joe M. H. Ashley, who resigned. Mr. Kinjr ha:- made bond, taken the oath of office and has received his commission since his appointment by the governor. After receiving his commission, he made formal demand upon Sanders for the office, which demand was refused. ! -% | It is the boast of the dairymen of i Holland that in their country there j is a cow to every inhabitant. I'Colal ? ^sa=!? i mumbwimi luin \ TZ&Vxmj&i. . /JI.J *2,1 ml yjr- /rz -.-v?yrrrT^ a a.^- ^ ^ -ii'd fWt V$ *;<:? 'i )?&Cis . l il v' i ERSAlCAR :, ' in 3,000,000 Ford cars in out the world, and fully se are Ford Touring Cars. i.\' ; ns for this, not the least of f in the design of the car, id; likewise it is easy to ? inexpensive compared to the farm, in the city, for y pleasure, it is the car of j, :mand is increasing every ur order promptly if you , F. AraoH ' pj 11 f ff" I. * ' < __ f? i?: \ . ' " m I..PT4-; ST -, ^ ~?i'" 5 w^,vY;?'. *? Kr'a ....... :_r. ... ?i.-^-xr3WR? ? *J"<U I rnn Drug pany I a drug store and we jj tiat fact. We carry a jj id medicines, patent Jj L ATTENTION TO ? PTION TRADE. | lit ' s that we carry might ?g t ?g? looks Cigars Tobaccos j| Cigarettes jj omplete line of ANDIES?FRESH I r\ >rrm Urug g ipany ? KjMsi'IllliMBiiBlisI