Historical Newspapers of South Carolina

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THURSDAY, JANUARY 25, 1962 THE NEWBERRY SUN, NEWBERRY, SOUTH CAROLINA YOUR FEDERAL INCOME TAX As a public service, this news paper is carrying a series of in come tax questions and answers prepared with the cooperation of the Columbia District of the In ternal Revenue Service. To se cure an answer to any specific question, readers may submit their inquiry to the District Di rector of Internal Revenue, Co lumbia, S. C., or caJl the nearest Internal Revenue Office. The Internal Revenue Service also has available more complete and detailed information in two publications, titled “Your Fed eral Income Tax” and “Tax Guide for Small Business,” at 40c a copy. Q. Does the Internal Revenue Service have any reference ma terial which I can use in preparing my 1961 income tax return? A. Yes. A booklet entitled “Your JFederal Income Tax—1962,” may be obtained from the Internal Revenue Service for 40 cents. This booklet covers in detail the Feder al Income Tax laws relating to in- ■dividual taxpayers. It is written in non-technical language and con tains many examples to illustrate the application of the tax laws to AUDITOR'S 1962 TAX ASSESSMENT NOTICE I, or an authorized agent, will be at the following places on the dates given below for the purpose •of taking tax returns on all per sonal property, real property, new buildings and real estate trans fers. Persons owning property in more than one district must make returns for each district. All able-bodied male citizens be tween the ages of twenty-one and sixty are liable to $1.00 poll tax. At Auditor’s Office to March 1st., after which a penalty of 10 per cent will be added. RALPH B. BLACK, Auditor Newberry County J iy enacted a law real situations. Also available at the same price is a booklet, “Tax Guide for Small Business,” which explains Federal Income, Excise, and Employment tax laws of in terest to businessmen. “Farrr*ers Tax Guide,” a booklet written especially for farmers, may be obtained free of chr.rge from your county’ agent or your lo cal Interna 1 Revenue Office. In addition, Internal Revenue officers have free pamphlets available dealing with subjects such as Sale of Residence, Sick Pay Exclusion, Contributions, Traveling, and Transportation Expense Deducti bility. Q. I am a farmer and intend to file my 1961 income tax return on March 1st. In view of this, am I required to pay the last quarterly installment of my 1961 estimated tax which is due in January? A. Yes, your last installment must be paid. It would not be nec essary to pay this installment if you file your income tax return Form 1040 and pay your tax in full for the calendar year 1961 by Feb ruary 15, 1962. Individuals other than farmers are not required to make the last quarterly install ment of estimated tax if they file income tax returns and pay the tax in full by January 31, 1962. Q. I furnished ever half of the support of my 70 year old mother- in-law during 1961. However, I cannot claim an exemption deduc tion for her since she had rental income of $700. I paid hospital and doctor hills for her in the amount of $900. May I deduct these medi cal expenses on my return? A. Yes. You may deduct the to tal expense of $900 without re duction by 3% of your Adjusted Gross Income since your mother- in-law is over 65 and you furnish over half of her support. This is true even though both you and your wife may be under 65, and even though your mother-in-law had over $600 of income. This spe cial provision applies in the case of medical expenses you pay for your or your wife’s mother or fa ther. Q. I read that Congress reeent- which requires WITH OUR MEN fN THE SERVICE GUANTANAMO BAY, Cuba — (FHTNC)—Ervin A. Hyler, store keeper third class, USN, son of Mr. and Mrs. T. K. Hyler of 2542^ Fair Ave., is serving aboard the destroyer USS Allen M. Summer, which arrived at Guantanamo Bay, Cuba, Jan. 5, for refresher training. The ship, which completed an extensive overhaul at Charleston Dec. 20, is the oldest destroyer on continuous active service in the Navy. It will celebrate its 18th 36-tfc that all taxpayers be assigned an PRICES REDUCED ON NEARLY ALL MATERIALS! I Table, values up to 98c—NOW .... 3 yds. for $1. Buttericlc & Simplicity Home Catalogs for Spring Fashions. CAROLINA REMNANT SHOP CAROLINA METAL WORKS Sheet Metal - Heating - Air Conditioning COLLEGE ST. EXTN. TEL. 115 A. G. McCAUGHRIN, President & Treasurer. SCN Bank Made Money In 1961 Net profits earned by the South Carolina National Bank in 1961 totaled $2,855,844.63, or $3.41 on each share of $5 par value, SCN President W. W. McEachern re ported to the shareholders at their annual meeting in Charleston Tuesday. Mr. McEachern pointed out that this was an increase of 11.46% over 1960 when net profits totaled $2,562,101, or $3.12 per share. Cash dividends totaling $1,039,225 anniversary on Jan. 2 were declared in 1961 and share holders voted at the meeting ap proval of a 10% stock dividend which will increase SCN’s capital by $418,990 added to capital, sur plus and undivided profits of De cember 30, 1961, of $20,263,931.67. Income from operations in 1961 increased $8c ,973 over 1960, while operating e senses increased $230,150. Net , 'rfit on the sale of securities during the year w r as $148,285. Federal income tax in 1961 of $2,183,504 compared with $1,721,886 in 1960. Resources totaling $310,329,263 at the end of 1961 compared with $286,760,739 at the end of 1960 and deposits at the end of 1961 were $271,996,453 compared on the same basis with deposits of $253,907,521 at the end of 1960. Mr. McEachern’s report featured a comparison of the bank’s opera tions and resources from the end of 1956 to the end of 1961, in ad dition to a comparison of 1960 and 1961. During the 5-year period, to tal net profits increased 110%, the combined total of capital, surplus and undivided profits 94%, de posits 49.8%, and total resources 57.2%. At the end of 1956, the South Carolina National Bank was own ed by 1,697 shareholders holding 600,000 shares (adjusted to $5 par), compared with 2,819 holding 821,480 shares at the ond of 1960, and 3,023 with 837,980 shares at the end of 1961. account identification number. Must I be assigned a number be fore I file my 1961 Federal tax return? A. No. Social security numbers will be used to save taxpayers the trouble of applying for identifica tion numbers. Most taxpayers al ready have social security numbers and should show these numbers on any returns filed in 1962. ANSBACH, Germany, (AHTN C)—Joe M. Roberts Jr., 27, whose wife, Jane, lives at 218 Carn St., Walterboro, recently was promot ed to specialist five in Ansbach where he is a member of the 57th Artillery. Specialist Roberts, who arrived overseas in September 1969, is a public-information specialist in j magnolia foliage and white satin the artillery’s Headquarters Bat tery. He entered the Army in June 1959. Roberts was graduated from Newberry High School in 1952 and attended The Citadel. His parents, Mr. and Mrs. Joe M. Roberts, live at 2021 Mower St., Newberry. Miss Carlton Is Married To Mr. McPhaul A lovely wedding was that of Miss Rosann Carlton of Newberry and Atlanta and Mr. Sam Hurst McPhaul of Perry and Atlanta, j Ga., which took place December I 28, 1961, in the Lutheran Church j of the Redeemer, Newberry The double ring ceremony was solemnised at 4:30 p.m. by the Reverend Henry A. McCullough Jr., pastor. A traditional background for the nuptial event was formed witn large white mums and gladioli massed in four pedestal oaskets and the altar vases; also, white candles in branched candelabra en twined with smilax and interspers ed with pom-pom mums. The re served pews were marked with bows. Appropriate selections were rendered as a premae by Miss Mary Elizabeth Fowler, organist. Dr. Milton Moore sang “Entreat Me Not to Leave Thee” and “O Conference On Americanism At Bob Jones U. GREENVILLE.—Dr. Bob Jones Jr., president, has announced that waterborne assault landing at,*^ 6 1^62 Americanism Conference C> •t t l t It . -»-> 1 T XT . • NORFOLK, Va.— (FHTNC) — Leon F. Boland, USN, son of Mr. and Mrs. Virgil Boland of Little Mountain is serving aboard the tank landing ship USS Grant County, which left Norfolk, Va. Jan. 17, for two months of opera tional training in the Caribbean area. The year’s first amphibious ex ercise, it will be highlighted by a Vieques, Puerto Rico The Grant County is scheduled to return to Norfolk early next March. NEWPORT, R.I. (FHTNC). — Navy Ensign B. M. Hester, son of Mrs. Alverta M. Hester of 512 Wright street, this city, is among 77 military officers scheduled to be graduated January 28 from the eight-week Communications School at the Naval School Com mand, Newport, R.I. Since 1951, the school has been training officers and enlisted men in the science of naval communi cations for roles with the operat ing forces and shore establish ments throughout the world. State Bank No. 67-693 REPORT OF CONDITION OF THE BANK OF COMMERCE WITH OFFICES AT CHAPIN AND PROSPERITY, IN THE STATE OF SOUTH CAROLINA, AT THE CLOSE OF BUSINESS ON DECEMBER 30, 1961. ASSETS Cash balances with other banks, and cash items in pro cess of collection $ 269,448.82 United States Government obligations, direct and guaran teed 294,960.04 Obligations of States and political subdivisions 199,762.92 Other bonds, notes, and debentures (including $219,- 286.16 securities of Federal agencies and corporations not guaranteed by U. S.) 219,286.16 Loans and discounts 538,259.19 Bank premises owned $20,503.40, furniture and fix tures, $7,561.85. 28,065.25 Other assets 6,200.78 TOTAL ASSETS $1,555,983.16 IT'S NEW! WEATHER INFORMATION SERVICE! TELEPHONE 803 Any Hour of DAY or NIGHT ■for the weather forecast for Newberry and South Carolina — Presented as a public service by WKDK and Security Corp., 1219 Boyce St., Newberry. WKDK 1240 Kc. LIABILITIES Demand deposits of individuals, partnerships, and cor- Time and savings deposits of individuals, partnerships, Time and savings depoits of individuals, partnerships, and corporations 258,726.68 Deposits of United States Government (including postal savings 21,573.00 Deposits of States and political subdivisions 108,119.44 Certified and officers’ checks, etc. 1,834.49 TOTAL DEPOSITS $1,422,415.58 (a) Total demand deposits 1,083,688.90 (b) Total time and savings deposits 338,726.68 Other liabilities 12,123.18 TOTAL LIABILITIES $1,434,538.76 «* CAPITAL ACCOUNTS Capital $ 50,000.00 Surplus -l 50,000.00 Undivided profits 21,444.40 TOTAL CAPITAL ACCOUNTS $ 121,444.40 will be held at Bob Jones Univer sity during the week of February 5-10. The theme of the Conference will be “Threats to Freedom.” Six guest speakers will partici pate. Sessions will be held in the Rodeheaver Auditorium on the campus at 8 p.m. daily, Monday through Saturday. Dr. Billy James Hargis of Tulsa, Okla., president of Christian Cru sade Anti-Communist Ministry, will be the featured speaker Mon day night. Dr. Hargis’ subject will be “The President—Ignorant or Untruthful? The Facts on the Danger from Communist Infiltra tion.” Congresssman Dale Alford of Little Rock, Ark., will discuss states’ rights at the Tuesday even ing session. “The United Nations, Socialist Trap for American Freedom,” will be the title of an address Wednes day night by Harry T. Evering- ham, syndicated columnist and ex ecutive vice-president of “We, The People!”, Chicago, 111. On Thursday, C. Stanley Lowell will discuss separation of church and state. Mr. Lowell is associate director of Protestants and Other Americans United and managing! editor of “Church State Review,” i Washington, D. C. Congressman L. Mendel Rivers of Charleston, will speak Friday night. His topic will be “Infringe ments Against the Freedom of Press.” The concluding speech, on the broad subject of “liberalism,” will be delivered by Dan Smoot, con servative radio commentator and editor of the “Dan Smoot Report,” Dallas, Texas. The entire Americanism Con ference will be open to the public. The University has announced that no charge will be made for admis sion; however, an offering will be taken at the sessions to help meet the conference expenses. Perfect Love.” Ushers were C. E. Adams of Cincinnati, Ohio, brother-in-law of the bridegroom; Harry D. Irigham of Atlanta, brother-in-law of the bride; Vernon Courtney Carlton Jr., of Savannah, and Robert Havird Carlton of Newber ry, brothers of the bride. Best man was the brideeroom’s brother-in-law, J. Fred Newman of Toccoa, Ga. Matron of honor was the bride’s sister, Mrs. Harry D. Brig ham (Bennie Lou Carlton) of At lanta; and maid of honor was Miss Hazel Ann Watson, of Charleston, and Atlanta, roommate of the bride. Mrs. Brigham wore apricot taf feta and Miss Watson wore sea- foam blue taffeta. Both were full- length formal gowns and the de sign featured a molded bodice with simple neckline, brief sleeves and a bouffant skirt. Color-matching lace trim was tied in a bustle-ef fect bow with streamers extend ing to the hemline. They wore headdresses to match their gowns and white gloves. Mrs. Brigham earthed a laven der satin and net wedding bouque with three lavender Cattelye or chids showered with lavender Epi- dendron orchids and lavender rib bon Miss Watson carried an iden tically designed bouquet, featur ing yellow satin and net with three yellow Swan orchids, yellow Epidendron orchids and yellow rib bon. Honorary bridesmaids were Miss Georgiana Newman of Toccoa, Ga., niece of the bridegroom; Miss Helen Johnson of Savannah; Miss Ann Mills and Mrs. John Edwards :>f Newberry. The attractive bride, given in marriage by hep father, was ex quisite in her wedding gown of ivory satin - with accents of Chan- Lily lace. The basque bodice fea tured a high necklffte with Qtfeeir Anne’s collar and long fitted sleeves. A. peplum of lace enhanc ed the back of the fully gathered and bouffant skirt which flowed ‘nto a graceful chapel train. Her fingertip. 'V.eil of illusion was caught to a bride’s crown of satin ;mbroid.‘rod wi;n pe •. The bride also wore small heir loom diamond earrings and match ing pendant on a silver cha n. : r ied a lovely bouquet featuring a heart design framed in white satin and not. cent' »c th thr- large white Cattyelya orchids and showered with white Eucharis lilies. Cascading streamers wide and narrow lace - d- o i wh satin ribbons enhanced the unu ually beautiful bouquet. The bride’s mother wore an "' ternoon dress of mint gr3en s' ■ v ' ■ v ' >■ ■ •' idtgggsj chiffon with tucked ing a floating Grecian full skirt; matching and satin slippers; long wl gloves and a white orchid c The bridegroom's motl an afternoon dress of gray lined with pastel pink white accessories; silver slipp«Hr white gloves and a white orchid cors'ge. After the ceremony, the greeted the wedding guests in the church vestibule before leaving f or a honeymoon in North Ca&r, lina. For traveling the bride chose a blue wool suit with mattah^ . . ffr: V -■ -J. hat, black accessories and thfi orchid corsage lifted friom her So'wiet. Mrs. McPhaul, daughter of Mxv and Mrs. Vernon C. Carlton of Newberry, is n graduate of New berry High School and Newberry i College. She is a third grade teach er "t Rock Spring Elementary . ^5 School, Atlanta. Mr. McPhaul, son of Mrs. Naal Alexander McPhaul of Perry, Ga., and the late Mr. McPhaui, attend- . 5 ed Blakely Unio” Hicrh School; Middle Georgia College, and Geor- ar>. e i v rv-‘i wi h the U. S. Marine Corps nrd is. now with \ 'ci\tes. Archi tects, of Atlanta. He and his re resiaiticr 694 Wiml T ' 1 m Court Apts., In Fight Against Some two million March ing Mothers, wearing the symbolic Golden Key of Hope, will appear on Amer ica’s doorsteps toward the end of January asking sup port for the 1962 New March of Dimes fight against crip pling birth defects, arthritis and polio. Why do these women brave winter weather to ask their neighbors for funds? Mrs. Phyllis Sublett of Evans ville, Ind., does it because ex perience with her fourth child, three-year-old Stevie, who was bom with a birth defect, has shown her the need to have medical help more readily available in the community when an imperfect child is bom. “Stevie was bom with an open spine and water on the brain in 1958, the year The Na tional Foundation expanded its program to include birth de fects,” says Mrs. Sublett. “I h: j d never heard of either condition. Since then I have learned that these malformations, and hun dreds of other birth defects, afflict one out of every 16 babies bom in this country each year. “These children need help, their parents need to know where to find the specialists who can give prompt and effec tive treatment. I know now that the March of Dimes sup ports work in clinics to im prove treatment, in laborato ries to find the causes, and is building a network of diag nostic and treatment centers to make new knowledge avail able to everyone, not j ust those fortunate enough to live close to great medical institutions. “The March of Dimes already supports nearly 50 centers throughout the country, and many more are being planned. “That’s why I’m in the Moth ers’ March—to let people know this help and hope exists. I want to ask their support so the 250,000 American babies born each year with birth de fects need not go through life hopelessly disabled for lack of proper treatment.” In Denton, Tex., Mrs. Mona risham says, “Until our lit- G 'IS MY BABY Ail WOHir'-Mor* born with birth dofocts In tbo (I. S. ooch roply to this question. Marching mothers will sook lots in January for March of Dimas research and control crippling birth defocts and rhovmatobi orthrH^-*, has boon controls J. tie Sondra dev eloped juvenile rheumatoid arthritis. I’d always thought arthritis was some- tning you got when you readied old age. Now I know that thou sands of children are stricken with it each year. It can twist and cripple little bodies with permanent disability' if it’s not caught and treated in time. “rve seen the wonders ac complished at Arthritis Clinical Study Center at Parkland Hos pital in Dallas supported by the March of Dimes, and I know that doctors in the labo ratory there and elsewhere are working hard to find out what causes arthritis and how it can be prevented or cured. I’m a Marching Mother be cause I know firsthand how important this work is.” Marching Mothers across the nation have similar reasons. Mrs. George Dibbon of Kansas City, who lost a child bom with a birth defect, marched actively until the past year. But then her own arthritis forced her to “retire” to a quieter paperwork and record keeping job for the Mothers’ March. In Tustin, Calif., Mrs. Polly thousands, reasons for the of I of ~ ' HH March volunteers know is a need for the cause they support, and they are deter mined to make every one of the 40,000,000 households they call on aware of the magnitude of the problem. Mothers’ March volunteers will be identified by a distinc tive badge bearing the Golden Key of Hope, symbolizing med ical progress against crippling diseases. Each will give those who open the doors a valuable health information slip summa rizing basic information about birth defects, the most impor tant unmet childhood medical problem today; as well as arth ritis and rheumatic disease which afflict 11,000,000 Ameri cans. tm TOTAL LIABILITIES AND CAPITAL ACCOUNTS $1,555,983.16 MEMORANDA Assets pledged or assigned to secure liabilities and for other purposes (including notes and bills rediscounted and securities sold with agreements to repurchase) $ Loans as shown above are after deduction of valuation re serves of 94,703.65 11,830.26 I. Jacob A. Bowers, Executive Vice President and Cashier of the | above-named bank, do solemnly affirm that this reort of condition is true and correct, to the best of my knowledge and belief. JACOB A. BOWERS, Correct—Attest: J. MONROE FULMER, RUDOLPH C. BARNES, W. T. LYLES, Directors. State of South Carolina, County of Richland—ss: Sworn to and subscribed before me this 10th day of January, 1962, and I hereby certify that I am not an officer or director of this bank. ELEANOR F. WASSON, Notary Public. My commission expires at the pleasure of the Governor. r some people i r "* * * 4 1 i rl /’ US S 11 best-lo me rear t - tm Isn't it nice that you can get them both in one car? Wide-Track Pontiac SEF. YOUR PONTIAC DEALER FOR A WIDE CHOICE OF WIDE-TRACKS AND GOOD USED CARS, TOO KIRK PONTIAC - CADILLAC COMPANY 2100 NANCE STREET NEWBERRY, S. C.