Newspapers / The Daily Advance (Elizabeth … / Dec. 15, 1921, edition 1 / Page 2
Part of The Daily Advance (Elizabeth City, N.C.) / About this page
This page has errors
The date, title, or page description is wrong
This page has harmful content
This page contains sensitive or offensive material
THE ADVANCE, THURSDAY EVENING, DECEMBER 15, 1921 i- ii'i'rfk,iWiiiii'iiri'-ti' iu)tiII''iiiViJ1iii'it'ii ivrittitvlt:lt(lsiiji&'it'' t'.-'iitif'li'iii'tiir!.'ii'&'i'ti-i' if tif acu-ti if if n-t -m u- n- n-n i.-1. -y ! I OODRBIBIOj, Gift Sugg F 17 ,.y ur 1V 33 N 1 1 U iV. '1 .1 Comfortable Chairs. And Chairs for that Cosy Corner. A comfortable Sofa for the living room. A complete Bedroom Suite. Dressing Tables in many styles. Attractive Rugs and Art Squares. A handsome Library Table. A dainty Writing Desk. A Gift That Will Last If you are in doubt as to what to give, visit Quinn's and select from our stock of hundreds of practical and useful gifts. Furniture as a gift is permanent, lasting, will not be tucked away in a few days, nor will it be smoked up or eaten. Come in and look around. QUINN FURNITURE CO. v - & -k, v V if ! I ''' To abort a cold and prevent com plications take Collector Grissom Issues Statement Answers Flood Of Questions Regard ing Enactment Of New Revenue Legislation The purified and refined calomel tablets that are nausealess, safe and sure. Vest pocket size, 10c; large family package, 35c. Beware of imita. tiont. 666 Quickly relieves Constipation, Biliousness, Loss of Appetite and headaches due to torpid Liver, ,J" SCHEDULE Norfolk Carolina Line Inc. Operating between Elizabeth City and Norfolk, stopping at Cowell's Wharf, Old Trap, Newborn's Land ing, Jarvlsburg, Barnett's Creek, Colnjock, and Long Point. Leaves Elizabeth City Tuesdays, Thursdays and Saturdays at 2:30 p. ' m., arriving at Norfolk at 6 a. m. the following day. . Leaves Norfolk Mondays, Wednes days, and Fridays at 4 p. m., arriv ing at Elizabeth City at 8:30 a. m. the following day. Big steel hull, electrically lighted steamer, the Annie L. Vansclver, bet ter equipped for passenger traffic than ever by the addition of new staterooms. For further Information address J. B. Pinner, agt., J. J. Harrison, agt Aydlett Bldg Clyde Lins Oppo. Iron Wks. Dock No. 3. N. Water St. E. Water St. Phone 740 Norfolk No. 25418 Ells. City, N. C. . Norfolk, Va. SIP HUM 111 RED PEPPER When you are suffering with rheu matism so you can hardly get around just try Red Pepper Rub and you will have the quickest relief known. Nothing has such concentrated, pen etrating heat as red peppers. Instant relief. Just as soon as you apply Red Pepper Rub, you feel the tingling heat. In three minutes it warms the sore spot through and through. Frees the blood circulation, breaks up the congestion and the old rheumatism torture is gone. Rowles Red Pepper Rub, made from red peppers, costs little at any drug store. Get a jar at once. Use it for lumbago, neuritis, backache, stiff neck, sore muscles, colds in chest. Almost instant relief awaits you. Be sure to get the genuine, with the name Rowlcs on each package, E. E. CLARK Typewriters, Adding Machine and Cash Registers Reptdred and Rebuilt Toladexter Street For the first time, too, the Govern- ent guarantees a uniform Income, ir respective of the date of purchase or of the market value. Thus If any cer tificate is redeemed before the five The following statement Is issued by Collector of Internal Itenvenue Gil liam Grissom: Enactment of new revenue legisla tion has brought a flood of inquiries to the offices of collectors of internal revenue. The Revenue Act of 1921 became effective November 23, 1921, unless otherwise prlvlded for. ' "To avoid error in the preparation of their returns and later difficulties with the bureau .of internal revenue, taxpayers are advised to carefully note the changes and when they be come effective. "The excess profits tax Is repealed as of January 1922. The rates for 1921 are unchanged. Th surtax rates for the calendar year 1921 are unchanged, and range from one per cent on the amount of net income between $5,000 and 6,000 to 65 per cent on the amount of net income Ui excess of $1,000,000, For the calendar year 1922 the surtax ranges from one per cent on the amount of net income between (6,000 and) 10,000 to 60 per cent on the amount by which the net income exceeds 1200,000, "The .exemption allowed for a de pendent U Increased from (200 to 400. Married persons living with husband or wife and heads of fami lies are allowed a personal exemption of $2,500 (instead of (2,000) unless the net Income is in excess of (5,000, in which case, the personal exemption is only (2,000. The act provides that in no case shall the reduction of the personal exemption from (2,500. to (2,000 operate to increase the tax which would be payable if the exemp tion were (2,500 by more than the amount of the net income in excess of (5,000. This Is to overcome the disparity in the case of two taxpayers, one of whom is Just within the lower (2,000 exemption and the other. Just within the higher (2,500 exemption. Single persons and persons not liv ing with husband or wife, are al lowed a single personal exemption of (1,000. Persons having gross In comes of (5,000 or over are required to make a return, regardless of the amount of net income. . "Provision is made for the repeal as of January 1, 1922, of the tax on stockholders of a personal service corporation as such. After that date such corporations are to be taxed in the same manner as any other corpo rations. "The Income tax on corporations for the calendar year 1922 and there after is increased from 10 to 12 per cent. The (2,000 exemption here tofore allowed corporations is to be granted only to those corporations whose net income Is (25,000 or less. Many persons are under the im pression that taxes on ice cream, soft drinks, etc., monthly returns of which are required, have been repealed with the enactment of the new act. These taxes remain In force until the end of the calendar year 192i. No change is made on the tax on admissions, except that after January 1, 1922, there will be no tax where admission Is Jen cents or less. Effec tive January 1, 1922, the following taxes are also abolished: on musical 1 y" "fir3 131" ,.i fej-S!3 SS2S3 ,sg'2!Sri 11 . Meets Every Monday Night WorU Bagley Council, No, 60, Jr. O. U. A. M., meets evert Monday night at 7:30 o'cloc In their hall, third floor of tL' Kramer Bldg. Visitors welcome. Why do they Stop i at this Pump ? BECAUSE if Is 'dispensing the Improved "Standard" Mo tor Gasoline. Both demand gasoline which will fire when the spark goes on. They want power for speed and hard hills. They want clean burning fuel that won't foul the motor and the lubricating oil with carbon. They want gaso line that meets all these specifications and at the same time gives big mileage per gallon even in cold weather. So they naturally stop where they get balanced gasoline "Standard" Motor Gasoline. By "balanced" we mean gas oline that tests higher on all important gasoline properties; that insures maximum motor efficiency with fuel economy. "Standard" Motor Gasoline leads the procession in volatility, rate and completeness of combustion, pressure developed and work done, as measured by the speed, power and mileage of any type of automobile. Put your motor on a diet of balanced "Standard" Motor Gas oline and you will have less trouble and expense. Your motor will start more quickly. Your car will climb hills more easily. You will get further on a gallon. Lubricate with Polarine, the enemy of friction. It is not only the best oil, but the cheapest per mile of service. STANDARD OIL COMPANY (NEW JERSEY) ' fW!'. Jl 1 IlMlNti li! . ill V ;: III 1. ; ' instruments, -sporting goods, chewing gum, portable electric fans, thermos bottles, fur articles, pleasure boats and pleasure canoes, unless sold for more than (100, toilet articles, medi cines and numerous articles of apparel. "On and after January 1. 1922. the tax on various works of art is reduced from 10 to 5 per cent, the tax on can dy from 5 per cent to 3 ner cent, and the tax on carpets, rugs, trunks val ises, purses, tans, etc., from 10 per cent of sales price In excess of speci fied amounts to 5 per cent of sales price In excess of specified amounts, to 5 per cent of sales price in excess of specified amounts. "The tax on parcel post packages Is eliminated effective Januaryy 1, 1922. "The new act provides that no tax payer shall be subjected to unecessa rv examinations or investigations, and only" one inspection of his books or ac counts Bhall be made for each taxable year, unless the taxpayer requests otherwise, or the commissioner no tifies the taxpayer in writing that an 'additional inspection Is necessary. ine period for filing returns on the calendar year basis is from Jan uary 1 to March 15, 1922. This year, as last, the tax may be paid in full at the time of filing the return or in four the time of filing the return or in four equal installments, due on or be fore March 16, June 15, Septemebr 15 and December 15. "Copies of the revenue act may be had by application to the collector's office.'' Our Groceries Are ALWAYS GOOD Our Prices Ar ALWAYS LOW ' C V. TVIDDY, Grocer
The Daily Advance (Elizabeth City, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Dec. 15, 1921, edition 1
2
Click "Submit" to request a review of this page. NCDHC staff will check .
0 / 75