Newspapers / Firestone News (Gastonia, N.C.) / Dec. 1, 1959, edition 1 / Page 2
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PAGE 2 DECEMBER, 1959 WINNERS—"Fair-share" conlributors io ihe UF were lie Ward, electric percolator; Maude Jenkins, automatic eligible for prizes in a lucky-numbers drawing. In photos, blanket. William Creed Hope, not present for picture, won five of the six lucky employees, with their prizes, are a table radio-clock combination. All gifts were supplied (from left): Ernest Coleman, refrigerator; Clyde Phillips, through the Firestone Stores, Franklin and Marietta hi-fi record player; Ethel McAbee, kitchen blender; Wil- streets in Gastonia. Your UF Contribution WiU Work AU Next Year Contributions which Firestone Textiles employees made to the 1959-60 United ‘R’und helped to prove that no matter how big a town grows, it can have a heart of compassion to match its progress. The annual appeal here which realized $17,867.85 coin cided with the Greater Gastonia United Fund drive which reported a record collection of $160,000 in late November. ‘Vortex’ Rides On ‘500’ Tires Firestone “500” tires, designed for safe high-speed driving, are rolling on a three-wheeled “homemade” automobile in Pro vo, Utah. Jerry Woodward built the rear-engined sportscar and equipped it with “500s” for a test run over mountain roads. Chuck Nerpel, technical editor of Motor Trend Magazine, rode with Jerry, and reported in a recent article: “The 8.00 X 15 Firestone ‘500s’ hold well on a turn and there is no difficulty in changing steering direction.” The car—nicknamed “Vortex” —is a combination of several autos, main components being from Ford and Lincoln cars. Originally, the 2,520-pound Vor tex had no body covering, but its builder plans to rework some body panels from other cars, to give his creation distinctive styling. Jerry is prepared to build 10 cars a year, in case his original model creates enough interest. Awards Presented To Star Farmers Company president Raymond C. Firestone served on the judg ing panel which selected Lyle Rader of Tacoma, Wash., the 1959 Star Farmer of America. The award, part of which is a $1,000 check from the Future Farmers of America Foundation, Inc., was made during cere monies at the 32nd annual na tional FFA convention held re cently in Kansas City, Mo. Young Rader shared honors with three other FFA members who were named Regional Star American Farmers and received checks of $500 each. They are Rodney L. Caulk, Wyoming, Del.; Don Bridges, Dawson, Ga.; and Charles Lee Smith, Mem phis, Mo. Funds gathered m this year s campaign will be appropriated toward operation of 20 commun ity, health, welfare, recreation and character-building services during 1960. UF drive chairmen Nelson Kessell, the plant general sup erintendent; and F. B. Galligan, cotton division superintendent, announced that this year’s con tribution was the largest single gift from any industry in Gaston County. United Giving Here A Story of Progress “History of ‘one-gift-one-time’ giving at the Gastonia plant is a story of increasing community- consciousness,” Mr. Kessell not ed. During the past eight years of united giving, there has been a steady growth in employee in terest and in response to our an nual appeals.” He recalled that the plant conducted its first United Em ployees program in 1951. When the Greater Gastonia United Fund was established the fol lowing year, Firestone joined the effort, and has remained in the community-wide campaign ever since. “We are very proud of our record of cooperative giving,” said Mr. Galligan, who joined Mr. Kessell in expressing appre ciation to volunteer workers who distributed and reported sign-up cards for gifts through payroll deduction. “Through the years our cam paigns have been a success be cause of the way these loyal workers have helped. But most of all, the real success has come from every individual who has shared,” they added. Dollars Offer Hope And Lift Burdens Money you appropriated for the United Fund will keep on giving throughout 1960, for the support of these 20 community regional, state and national or ganizations: Boy Scouts of America—Pied mont Council, Junior Optimist Boys Club, Gaston Big Brothers, Girl Scouts of America—Pioneer Council, Gaston Life Saving Crew, Salvation Army, Red Shield Boys Club. Regional Mental Health Cen ter, United Cerebral Palsy As sociation, Children’s Home So ciety of North Carolina, Florence Crittenton Home, N. C. Mental Health Association, United Med ical Research Foundation of North Carolina. USO (United Service Organi zations), National Social Welfare Assembly, National Traveler’s Aid Society, American Social Hygiene Association, Interna tional Social Services, National Recreation Association, Ameri can National Red Cross. NC Publication Cites Firestone “Travel News of North Caro- ina”, pubished by the State Ad vertising Division, Department of Conservation and Develop ment, had a comment on Fire stone in its November issue. In the past. Federal Income and Social Security deductions have been shown separately on employee pay checks. Mr. Mech- em explains that under the new system, combined amounts of these two deductions will be printed on pay checks, and marked “Combined Federal Tax.” THE FAMILIAR W-2 Forms which will be furnished wage earners shortly after the first of the year, will have separate en- ☆ ☆ ☆ New N C Method Of Withholding The North Carolina Legisla ture this year amended the State income tax law to provide for withholding of income tax from employees’ salaries and wages paid on and after January 1 of 1960. This withholding is not an ad ditional tax. It is simply a new method of collecting the tax for the stale, Mr. Mechem explains. He makes these additional points: : : The company will make deduction from each pay on the basis of charts furnished by the state. These charts make allow ance exemptions and standard deduction. : : Withholding of tax begin ning in 1960 will result in all employees paying two years’ tax in that one year. Because no The bulletin recognized Fire stone News, Gastonia, for “re flecting a growing interest of in dustrial publications in ac quainting readers with North Carolina’s travel attractions”. The article noted that a recent issue featured early - autumn events and attractions from mountains to coast. tries on Federal Income Tax and Social Security Tax withheld. “Employees are reminded that the latest law provides that the rate for Social Security Taxes will be increased from 2V2 per cent to 3 per cent, beginning with earnings paid on and after January 1, 1960,” the comptroller says. “The same increase applies to the company, since it con tributes an amount equal to that deduction from employees’ pay.” ☆ ☆ ☆ state tax was withheld from earnings in 1959, every em ployee will need to file a return for this year, no later than April 15 of 1960, and pay the tax due. The next tax return should then be filed by April 15 of 1961. This will cover the calendar year of 1960, against which you will have a credit for tax withheld. : : At time of filing, any addi tional tax over the amount with held should be paid. Or, if the tax withheld is more than what you owe the state, you should ask for a refund. SUMMARIZING this change in the state law, Mr. Mechem said: “By the beginning of 1961 the state tax program will be on the same basis as the Federal Income Tax program, already i>^ effect for several years.” Each employee must complete an Exemption Certificate by January 1 of 1960. The company will furnish these certificates. THE LA TEST FROM GA Y PAREE A dinner for members and their husbands is an annual event with the Gastonia Woman’s Club. This year’s program at the Club building on Second Avenue featured a surprise package of enter tainment, skillfully engineered by the men expressly for the femi nine side of the audience. The exhibition of “latest styles from Paris” starred around a dozen “models”, two of whom were from Firestone. James Cooper (left) of Methods and Standards, and H. G. Hall of Plant Sales made their contribution to the parade, as per these photos. EFFECTIVE JANUARY 1 Changes In Tax Reporting Important changes in both the State (North Carolina) and Federal Income Tax Law, together with the Social Security Law, will affect Firestone employees, beginning with the New Year. Commenting on amendments to the law, plant comptrol ler E. J. Mechem points out that starting January 1 of 1960, the company will begin making one deduction for Federal Income Tax and Social Security Tax.
Firestone News (Gastonia, N.C.)
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Dec. 1, 1959, edition 1
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