Cheraw chronicle. (Cheraw, S.C.) 1896-2005, October 09, 1913, Page Page Six, Image 6
ChoiceFari
on Easy
i
A-l?754 acres fiYe miles from Harts- J
Tille, sandy loam, clay sub-soil.
12 horse farm in cultivation; 10
horse farm can he added li.
out cost, as wood from land will
pay cost of clearing; good local
market for wood; two modern ,
residences, cost $2000 each und
j; twelve tenant houses, hams and
tohacco haras; complete sawmill,
grist mill and ginnery witli
water power; good pastures and
fresh water streams; near good
schools aud churches; Trice $35
per acre, $0000 cash and balance
any time within 20 years
1 4 /iltanm?
at 4 per ceni luimM, j*. t..?uu
of a lifetime.
A-2?145 acres six miles IV. of
Chesterfield and 3 miles from
Ruby, 65 acres in cultivation,
balance woodland, some timber; ,
gravel soil and clay, produces
bale cotton per acre easily; six
room dwelling and out?bui!ding,
two tenant houses three rooms
each, fresh water stream through <
place and pood well water and
good orchard; church and school
within half mile; Trice $4500.
A-S?1500 acres more or less, laying
between A. C. L. 14. R. and Pee
Dee river, between Cheraw aud
Society Hill, known as part of 1
the Gregg and Burch land, or (
Mrs. I^by land; For price and y
terms see ns.
A-4?31 acres of land in Steer Pen j
?? * *- i l-i l.- r n t
lownsnip uuunutru uj v.
Wilkes, Dan Ilatcher, Bnrns and (
others; Wake us an offer. I
Maynard-Raley Re
PHONE 84
. _ _ _
Now Ready i
Huntley's Cotton Ginnery,
corner Front and Chuivli street:
Our's is a brand new, d<
operated throughout bv electr
Mr. J. 13. Bundy, who Ls exper
understands how to handle t
as the Short.
Come see our plant in opcr
for you and you will then know
P. B. HU
Cheraw,
IcsSfc
VT
The Riding Lion
Cheraw, Tuej
nsForSale
Terms
L-5?17 acres known as Alfred MoDonald
tract, hounded hy Gordon
Camp Branch, Frank Thomas
Lemuel Little and others;
Look this up and make us an
offer.
i-6?100 to 500 acres on Juniper
Creek,.two miles S. of Cheraw;
ten new tenant houses, nine
hams, good water, etc., sandy
soil and produces well; is a
dandy place and close-in; Price
for quick sale $20,000. Easy
terms.
L-7?102}? acres 2*2 miles N. of Mt.
Croghan, known as Geo. Moore
place, of wliicli 110 acres is under
high state of cultivation; six
room residence and three ten.
ant houses; Price $87.50 per acre
and reasonable terms.
l-S?50 acres, 15 cleared and one
building, one-half mile of Eagle
Springs, N. C. Price quick sale
15.00 per acre.
L-9?200 acres one-<|uarter mile of
Guess, 05 acres cleared and cultivated
and 15 ready for cultivation;
Four roon house; Price
$1S,00 per acre and this is "dirt"
cheap.
This is only u partial list of the
aauy bargains in farm lands we are
tiering, and If you don't find here
vhat you want, tell us so we can get
i for you.
If you have either country or town
iroperty for sale and want quick reults,
list it with us; we KNOW HOW
o sell it and our charges are only
per cent.
alty & Trust Co.
' cpe h am . s. c.
or Business
located in Brick building
?, is now ready for business.
)wn to the minute, outfit,
icitv, and is in charge of
ienced in the business, and
he Staple Cotton as well
lit ion, let us gin a few bales
what wo can do for you.
M l Lit Y
S.C.
k/$S
SMai
with the Circus
>day, Oct 21
INCOME TIU HAS !
VERVWIDE SCOPE i
Every Person With Net Income j
Exceeding $3,060 a Year t
Is Taxable ,
DODGERS TO GE PUNISHED!
Washington.?In a statement designed
for the layman and intended
to strip the income tax section of the I
tariff bill of its technical language,
Representative Cordell Hull, who
drafted the section, makes plain how
the new tax will apply to the 435,000
citizens of the United States who,
the Treasury Department estimates,
must make returns under it. i
All disputes may be carried to the
xCommissioner of Internal Revenue,
whose decision is final.
inc-r what is INCLUDED IN
WORD "INCOME."
Under the terms of the bill in its
final form the net income of each individual
taxpayer is to include the
following items: ?
All gains, profits and incomes derived
from salaries, wages or compensation
for personal services of
any kind, professions or vocations,
business, trade or commerce, sales or
dealings in property, real or personal,
interest, rent, dividends and securities.
Also the gains and profits from
any transactions of lawful business
and the income of property acquired '
by gift or bequests. Neither the return
nor any part of the principal in- 1
vested in life insurance to the assured
not the proceeds of policies paid upon
death, are included as income.
From these items of income the fol- ,
lowing deductions are allowed:?
1. Necessary expense actually incurred
in carrying on any business.
2. All interest accrued and payable
within the year on indebtedness.
3. All national, State, county,
school and municipal taxes.
4. Losses actually sustained tlur- (j
ing the year in business, not compenI
sated by insurance or otherwise, arising
from fire, storm or shipwreck.
5. Debts actually ascertained to be
worthless and charged off during the
year.
6. A reasonable allowance for the [
exhaustion or wear and tear on prop-1
erty, not to exoeed, in the case of j
mines, five p' cent of the gross,
value at the ~ ine of the output for
the year.
7. All income, the tax upon which
has been paid at the source.
8. Amounts received as dividends
upon the stock of any corporation,
which is taxed upon its net income,
but such dividends shall not be deducted
unless included in the return
as a part of the gross income.
The following items will not be allowed
as deductions:?
1. All personal living or family ex-,
penses.
2. Taxes assessed against local
benefits. j
3. All expense of restoring prop"T-tv
nr innkinp ct?od exhaustion there-!
of, for which an allowance lias been , I
made. J j
4. Accounts paid for new buildings,
permanent improvements made
to increase the value of any property
or estate.
In computing the net incomes the ;
following exemptions are allowed:? !
1. Interests upon the obligations
of an estate or any political subdivision
thereof. I
2. Interest upon the obligations of
the United States, or its possessions.,
The President is exempt from the
tax as are also the judges of the Su-1
preme and' inferior courts of the j
United States and all officers and em- j
ployes of a State or any political subdivision
of a State. Senators and
Representatives are obliged to pay:
the tax.
Besides all tuxable persons of law- J
fni nee Guardians trustees and ex
ecutors are obliged to make return to j
the Internal Revenue Bureau.
These are the items on which in-1
come will be withheld at the source j
whether or not it amounts to $3,000.
1. Income derived from bonds,
mortgages and other indebtedness of
corporations and joint stock companies.
2. Incomes composed of coupons,
checks, or bill of exchange for or In
part payment of interest or dividends
on stock or obligations of foreign corporations.
3. Interes-t upon bonds of foreign
companies.
4. Foreign mortgages or like obligations
not payable in the United
States.
The incomes from dividends on the
capital stock or from not earnings
)f a corporation which itself is sub* '
lect to the tax of 1 per cent are not
x) be included in the return for the
lormal tax?that is, on incomes up
o $20,000. Incomes from such source
lowever, are to be Included in the
eturn8 for the surtaxes.
The rates prorlded in the law are
L per cent, on the net incomes over
13,000, or $4,000 in the case of a maried
person, up to $20,000 and the
'ollowing surtaxes:
From $20,000 to $50,000, 1 per cent;
'rom $50,000 to $75,000, 2 per cent;
'rom $75,000 to $100,000, 3 per cent;
'rom $100,000 to $250,000, 4 per cent;
rom $250,000 to $500,000, 5 per centj
>ver $500,000, 6 per cent
TO DETERMINE NORMAL CHILD
Borne Points Which Scientists Dedans
Will Settle Question of Interact
to Parents.
If a child of three years knows M?
name and can thrust a chubby finger
to his noee, mouth and eyes, when
asked about those organs, he's a nor- '
mal kid. If ho cant then It's time
papa,and mamma got busy with Pet
tys little think tank, or he'll grow up
to be a boob.
This, hi plain Boweryesqua, Is the '
translation of the formula given In
scientific terms by the medical savants
of the Mental Hygiene Conference
and Exhibit, who are holding
"tests of children" In the hall of the
city college.
"A child of 4." continues the scientific
formula, "Is expected to know its
sex and to be able to recognize such
objects as a key, knife or a penny, and
to tell the comparative length oMlnea.
Killing Made Painless.
In English slaughter houses animals
are killed by a new and humane
method. The Instrument employed Is
a spring operated pistol that projects
a sharp blade Into the animal's head.
Sicily Source of Sulphur Supply.
The pulp mills of Sweden require
72,800 tons of sulphur annually. Practically
all of It comes from Sicily.
| Now is t!
j to place you
I CO
# I handle:
| H. L. 1
Thick waffs jTpi
?/(/ / vr w 4/ |
Secure f
Guarantee |
| L etvs j
take tare \
ofyoar |j 4
P|l
Bank your money and pj
our bank. Then you will Inn
you spend and what you spen<
mucli money FOOLISIIBl' tin
WASTE is the one bis: fol
do so if vou keep your liione
YOUR POCKETS.
You want to GET AIIEj
your money.
Do YOUR ban
We pay FOUR per cent inte
The Fir& Ni
Farm Diplomat.
"Do 700 want a job as a farmhand?"
"No," replied Plodding Pete. "You
bare been kind to me in the past,
and I think too much of you to make
Too an object of Jealous hatred among
all poo* neighbors."
Putting It Clearly.
"Rastus, what's a alibiV "Dat'a
provin' dat yoh was at a prayermeetLn'
whar yoh wasn't, in order to show
dat yoh wasn't at de crap-game whar
yoh was."?Life.
Perseverance.
Because perseverance is so difficult,
even when supported by the giace of
God, thence Is the value of new beginnings.
For new beginnings are the
life of perseverance.?E. B. Pusey.
1 Sofia's Lost Opportunity.
Sofia, the capital of- Bulgaria, might
have been Constantinople, If the Roman
emperor, Constantino, had adhered
to the preference he felt at
one time for 1L Several places were
thought of aB the site for the new
Rome before the unrivaled natural advantages
of Byzantium secured the
honor?among them Troy and Serdica
in Moesla, now known as Sofia.
i'lio Family Cough Medicine.
In every home there should be a
bottle of Dr. King's New Discovery,
ready for immediate use when any
member of the family contracts a cold
or a cough. Prompt use will stop the
spread of sickness: "Mv whole family
depends upon Dr. King's New Discovery
as the best cough and cold medicine
in the world. Two f?0c bottles
cured me of pneumonia."' Thousands
of other families have been equally
benefited and depend entirely upon
Di. King's New Discovery to cure
their coughs, colds, throat and lug
irouLles. Every dose helps. Price 50c
anu $1.00. All druggists. H. E. Buckien
& Co. Philadelphia or St. Louis.
-Advertisement
he Time I
r ordees for I
AL j
POWE |
~ ' I
ly your bills with cheeks on
re a correct account of what
1 it for. You won't spend so
in.
ly to guard against; you Avill
y in OUR BANK instead of
YD, don't you? Then bank
king with US.
rest compounded quarterly.
itional Bank