Newspapers / Wilmington Morning Star (Wilmington, … / July 10, 1921, edition 1 / Page 12
Part of Wilmington Morning Star (Wilmington, 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
TWEL.VJE THIRTY MINISTERS OF 90 YEARS IN CHURCH Several Other Methodist Preach , . ers Are More Than Four i. . score and Ten INHERITANCE TAXATION IN STATE OF NORTH CAROLINA CHICAGO. July 9. There are thirty ministers over 90 vears of agre in the Methodist Episcopal church. There is one minister of 9S years of age, one nearly 97 years, and three about 96 years of age, according to a statement issued by Dr. Oliver S. Bake tel. New editor of the Methodirtv Year Tork. Book. The oldest patriarch of the Metho dist Episcopal church. Is the Rev. Seth Reed, 98 years of age, born June 2, 1S23. at Hartwick. N. Y. He nosr lives at Flint, Mich., and is a member of the Ietroit conference. His entire minis try has been in Michigan, where he has been active for over 70 years, i'-nd Las now" a retired relation. It is said he is the oldest living minister and has the longest ministerial record cf ser vice in the pastorate. Most of these ministers are on the retired list ;nd are pensioners. Rev. Edward S. Best, Maiden, JTass., member New England conference, was born September 3, 1824, Newry, Ireland. Those born in 1825 are: Rev. Milton It Haney, Pasadena, Cal., bom Rich land county, Ohio; Rev. Amml 13. Hy.le, Denver, Col., born Oxford, N. Y.; Rev. James B. Lathrop, Greensburg, Ind., born Greensburg, Ind. Those born in 1826 are: Rev. John H. Vance, Chautauqua. N. Y., born Beaver county, Pennsylvania; Rev. "William S. Turner, Spokane, "Wash, Jersey Shore, Pa, Those born in 1827 are: Rev. John R. Cooper, Eldorado. Kan., born Knoxville, O.; Rev. Creighton Springer. Yakima. Wash., born Zanesville, O. ; Rev. James H: Hawxhurst, Ocean Grove, N. J., born Ellenville, N. Y.; Rev. Joseph C Dana, Pasadena, Cal., born Owego, N. Y. Those born in 1829 are: Rev. Micalah C. Dean. Dundee, N. Y., born Barring ton, N. Y.; Rev. Joseph Hoberg, Mc Mlnnville, Ore., born Germany; Rev. B. D. Jones, Greenwich. O. born Cadia, O.; Rev. Joseph R. "Wheeler, Reistcrs towTi, Md., born Alexandria, Va. Those born in 1829 are: Rev. Isaac R.- Vandevater, Long Beach. Cal.. born Fishkill. N. Y. ; Rev. Ed war.'. H. Durell, "Woodbury, N. J., born Moorestown, N. J.; Rev. James H. Moore, Polo. 111. born Halcottville. N Y.; Rev. J. "W. Thompson, Lakewood, O., born Upper Sandusky, O. Those born in 1830 are: Rev. T. Morris Terry, Brooklyn, N. Y.. born Southamp ton, N. Y.; Rev. "William S. Jone3,.Bath, Me., born Bristol. England; Rev. lid ward "Wasmuth, Glen Ellyn, HI., born Germany; Rev. Robert Booth. Rose burg, Ore., born Lancashire. England; Rev. Levi S. "Walker. Richview, 111.; Rev. Robert H. Rhodes, Denver, Col., born Milltown. Ind.; Rev. Ed war 1 1 Bray, Southington. Conn., born Bridge port, Conn.; Rev. Nathaniel U. C Love, Perrysburg, O., born East Rushwell, O. ; Rev. James Stanton, Ormand, fla., born New "Woodstock, N. Y.; Rev. William F. King, Mt. Vernon, la., born -Zanesville, O.; Rev. Samuel C. Miller, Peru, Ind., born Connersville, Ind. (Continued from Page Eleven) "White, 168 N. C. S52. the statute at that time being chapter 201 public laws of, 1913. It was very properly held in this case that the party affect ed stood in the relation of child to the decedent. However, there were a great many beneficiaries in other cases claiming the benefit of this pro vision in order to getrthe low rate of tax. It wassoon seen that there would have to be a change made in the statute, or else the state tax commis sion and the counts would be continu ally called upon to determine many cases that were not, .entitled to this provision. '""Theref ore the. law of 1915. 1917 and 1919 omitted this provision. It then became manifest that there were a great many meritorous cases to which the law should sive the low rate of rax, such as daughters-in-law. sons-in-law. and step-child, and the present statute is as follows: First. '"Where the person or per sons entitled to any beneficial inter est in such property shall be the lineal issue, or lineal ancestor, adopted child, or husband or wife, or son-in-law or daughter-in-law or step-child of the person who died possessed of such property aforesaid, or any person to whom the decedent stood in the mu tually acknowledged relation of a parent and who began such relation ship at or before such person's 15th birthday, and whose relationship was continuous from such age until the date of the decedent's death, at the following rates for each $100 of the clear market value of such interest in such property." r Probably the most interesting ques tion in connection with the inherit ance tax law that has been presented to the court arouse in the case -f State vs. Dunn. 174 N. C. 679, in which the court was called upon to decide whether or not a widow's dower was subject to the tax. This case came up in 1917, and prior to that time no one PORTO RICANS WILL MAKE IT IF THE MOLASSES HOLDS OUT SAN JUAN. P. R., July 9. As long as there Is an unlimited supply of mo lasses in Porto Rico, and as long as so'many people know what to do with it Jo make alcohol, there will be a rum problem in Porto Rico, according to the Rev. D. Y. Donaldson, retiring pro hibition director who is returning to the states via Panama to take up his new work as state secretary of the Ok lahoma Christian Missionary society. "You cannot have a vote for prohibi tion one day and expect to have every thing bone dry the next," said Mr. Donaldson. "One of the factors In enforcing the prohibition laws In Porto Rlfco is the Island's long coast line and the outly ing, wet slands. This, together with the vast quantities of molasses in the Island, make rum-making easy. "There will continue to be violations of the law until the penalties for viola tions - approach the maximum. Small fines are looked upon as a cheap form of .'license. ' "There are men who are going to continue drinking until their hides are completely pickled. All of the po lice of New York City added to those of Porto Rico could not stop this." In addition to a great deal of illicit distilling, Mr. Donaldson said that he was convinced there was considerable Importation of contraband liquor and tnat this smuggling was to an extent an organized business. His office, he said, was familiar with some of the details of this organized traffic, and in his opinion, it was only a question of time when this traffic would be made more difficult. He estimated that pos sibly 200 cases of brandy or other sim ilar liquor were brought Into the island each month. RUSSIANS WILLING NOW FOR AX EXCHANGE OF LITERATURE STOCKHOLM. July 9. Moscow's seven years of intellectual isolation is about to be broken, according to the soviet foreign office, which expresses . its willingness to use its efforts to help further the exchange of sclentlfln lit erature between Russia, Europe and America. During the last few years only a few scientific works have been printed, but a large number of manuscripts have been collected under the soviet regime. A, delegate of one df the Finnish commissions for the distribution of food'in Petrograd stated that the libra ries there are generally well preserved but the big general library at Petro grad had its stocks depleted in 1915. after the German conquest of Libau. 25.000 valuable books were carried away and deposited in an unknown ; plap-. All attempt to trace them have failed. SOVIET BARS ALL PERSONS WHO AHB BIT SUSPICIOUS STOCKHOLM, 'July 9. The Russian 'soviet government took great care not ' to allow any suspicious persons to en - ter Moscow in order to participate in the meeting: of the Third Internationale congress held this month. . All points on the Russian border over which the representatives of for eign . countries were to cross were I carefully watched. Special committees -were appointed to. interrogate all the delegates as they arrived and also to examine their certificates. Zinoviev is said to have Instructed all soviet foreign spies to gather close Information regarding the delegates for he said that European governments were trying to get their agents elected :to the Moscow lnternatiortales, mili tary and propaganda committees. ' . The congress was held in strict se crecy, . . The man who snlvii the theory Is now at work on the railroad J turbed timetable. Minneapolis Journal. J With had questioned the right of the state to collect inheritance tax from a widow's dower, after allowing her the exemption, under our statute. The contention of the defendant was that the widow did not receive her dower by force of the interstate laws, but that her right of dower grew out of the contractual relations of marriage, and depended only upon the husband's death for its consummation. The court held that dower was taxable, and in this decision, along with the Illinois court blazed a new trail, as before that the courts of all other states where the question had been presented uni formly held that dower was not tax able. Our court spilt three to two, Justice Hoke concurring in the dis senting opinion written by Justice Walker, and the trial Judge below having also decided that dower was not taxable under our statute. There are only two other decisions by our court on inheritance taxation although the reports and digests of other states are filled with many very perplexing questions. These two re maining cases are In Re: Baugham's Estate 172 N. C. 170, and State vs. Scales 172. N. C. 915. The first these cases construes the law with reference to an estate during widow hood, and the taxation of annuities. The second of these cases interprets the law relative to exemptions, and construes the statute liberally in favor of the state. Another feature of the tax that was questioned some months ago was as to the right of the state to collect In heritance taxes on stocks of foreign corporations held by a resident de cedent. This question has been up for consideration in a great many jurisdictions, and one case went to the supreme court of the United States. It has been determined that such prop erty of a resident decedent Is taxable by this state, as the residence of the decedent determines the ' situs of the storks, such being' personal property. This was the decision ''of Judge B. F. Long In the case of In Re: Johan B. Hoist estate in Buncombe county. This case was appealed' to the ' supreme court, but the appeal was abandoned. One provision of our law that is now yielding considerable revenue Is the transfer tax on stocks In domestic corporations held by non-residents. When a non-resident dies owning stock in North Carolina corporation his' personal representatives must first pay the tax due on such-stocks before the corporation can transfer it on the books of the company, which is done only after a waiver has been issued by the tax department of the state. Last year we collected from one estate over $50,000, and from an other $25,000, and the amounts will doubtless be very much increased as our industrial development continues. In connection with this is the provis ion that where a non-resident owns stock in a foreign corporation, and such corporation nas &u per cent, or more, of its total property In North Carolina, then such stock is taxable under our law in the proportion that the property in this state bears to the total property of such company. This is a very difficult feature of the law to enforce, inasmuch as the foreign cor poration has Its books outside the state, and it is rather hard to keep check on such non-resident decedents. The inheritance tax has been assail ed as being obnoxious because It levies tax on a decedent's family dependents. Under our present statute It cer tainly does not work a hardship on the poor and the needy, for there are 115 eral exemption. As- an illustration take the case of a man dying and . leaving an estate of $50,000 to his widow and four minor children equally. The widow's share covered by 4ier and each of the minor children have an exemption of $5,000. This would leave only $5,000 in the case of each child taxable at 1 per cent or $50, making a total tax of $200 on a $50, 000 estate. Surely no one who really understands the proposition will say that such a law Is confiscatory Or un reasonable. Of course, under the graduated and progressive rates the tax on large estates and especially" where the prop erty goes to distant kin or to Strang ers in blopd; "quickly 'mounts to large figures. Such estates are the ones from which the big taxes are collected, and those paying the large taxes are never really burdened. To be sure it is sometimes necessary for . a large estate to dispose of some of its prop erty in order to raise sufficient funds to pay the tax.- but -this is unusual in the case of state tax. It was recently necessary for the Woolwbrth estate to mortgage the Woolworth building for several million dollars In order "to raise the funds with which to pay the tax. Some of the larger Insurance companies are beginning to '.write special policies for insurance to pay Einstein ! property would not have to - be . dls- are only two ... or three ' jurisdictions J that attempt to tax insurance that Is made payable to a beneficiary. Of course, where Insurance is payable' to I a. Ill a 11 s eeiAio 1 1- is & same manner as the other property of the estate. Under" our present law an estate is allowed a" discount of 3 per cent if the tax is paid within six months of the decedent's death. After 12 months interest runs at 6 per cent for one year, and thereafter at 10 per cent a year. Inheritance tax inventories are required to be filed within three months of decedent's death, and ten tative settlements may be made and the 3 per cent discount taken on all such amounts as are -paid -before -the expiration of the discount period. The state has recently been divided into several districts by the commis sioner of revenue, and there are depu ty commissioners assigned to each dis trict" who will look after tlie enforce ment of the law and the collection of the tax, in connetcion with their other tax work. The clerks of the court are allowed certain commissions as set out In section 19 of the law, but under the present statute no clerk can receive more than $l,00t) in fees for any one year. This provision does not apply to those estates in process of settlement, where final settlement Is made prior to December 1, 1921. Under the present system the full amount of tax collected should be remitted to the commissioners, and then check will be sent to the clerk in payment of his commission. If clerks do not settle promptly as, required by law, their of ficial bonds are liable for double the tax not remitted as a penalty. There are a great many very intri cate questions that continually arise, and the law is susceptible of close re finements. Such questions however, "have to be determined separately In each case and the law applied with special reference thereto. FASHIONS IN BUENOS AIRES Sir Woodman Burbidge, Baronet. C. B. E., has spoken, and London, New York and Paris may well tremble. Re turning from a visit to the Argentine Republic, Sir Woodman gives to the world of fashion his opinion that, un questionably, the best-dresse'd men and women anywhere on the globe are to be found in Buenos Aires and any other township in the Argentine. Christian Science Monitor. It's an ill wind, etc. The depression in other lines is understood to be pro moting the fishing tackle industry. Anaconda Standard. Sally Ann jr i D 'CttY" Served where -the BEST is Demanded , Ask Your Grocer for "SALLY ANN" Next to Liberty Savings Bank of$10,000 Is completely sr exemption of $10,000 Sunday Excursions TO Lake Waccamaw Commencing Sunday, July 3, and continuing until Sunday, Septem ber 4, the. Atlantic Coast Line will sell excursion tickets on Sundays only from Wilmington to Lake Waccamaw at $1.62 (not including war tax). Proportionate fares will be put in from Florence, Elrod and all intermediate stations to Lake Waccamaw. Tickets will be sold only for the early morning train which leaves Wilmington at 6.30 o'clock and arrives at the Lake $:48. 'Returning train leaves Lake Waccamaw at 10:23 p. m. and ar rives in Wilmington 11:40 p. .m. For further particulars phone 160. T. C. WHITE, General Passenger Agent. reference to insurance there VACATION TIME V Is Here! See Our Line of LUGGAGE Don't Forget Trade Week J. M. SOLKY & CO. "Onerjce Clothiers" v -. STEAMER -WILMINGTON will leave i the foot of Orange. wtrcet Sundays July -10th, at jOO A.- M. and 2:30 P. M. for Carolina-' Beack. 7-S-Xt m v EVER POPULAR I&wn HOTEL. GORDON ' r i j ; Ua "Rlii a 'Rii''A Moun- AlwftvseooL Thorouenly modern, t tj 'a rAA Rnnnincr Water in Every Roam. 'Private Baths, Sleeping Porches,.Gnll & Tea Roorn ENTETRTAINMENT AND SOCIAL. LifJS ESPECIALLY FEATURED A host and hostess who make you feel at home. Amusements of all kinds. Excellent orchestra. Dancing. Tennis, Horseback ridmg, Golf, Fishing, Swimming, Picnics, ' Afternoon teas, etc. We earn our reputation of setting THE It EST TABLjEIN THE MOUNTAINS OF NORTH CAKULinA Open from June 15th to October lOth Si A 13 iflr Iff FMMSimTIQN AND BATES Address. tATTERD ES Today and pvery-day You Use an Exide When you telephone, the current from an Exide Battery, sends your voice ' oyer the wire. There are numerous other ways in'which Exide Batteries are serving you daily. The Exide Battery For your car contains every lesson learned in making storage batteries for every purpose, during the' past thirty-three years. That's why it will prove a real economy to you in long-lasting power and care-free serviae. ' J.F.WALTERS 113 North Second St. Telephone 1193 Nothing bat neglect vrlll prevent yoa from getting a bottle of "BROMODOL" To atop that Treating: under your armpits, feet and scalding; toqs. Why should you spoil your waists and dresses' when 44 BROMODOL" will prevent it and save you money? ' vforry you f Why have your feet An Ideal preventative for excessive perspiration i Sold at all drug: stores Sale Distributors for North Carolina Dependable Drug Store : WILMINGTON, N. C.' OUR DEL MONTE STOCK CONSISTS OF Royal Anne Cherries Hawaiian Pineapple Bartlett Pears Pimentos Fancy Tomatoes Quartered Beets Pork and Beans Tomato Sauce Yellow Cling Peaches Apricots Pumpkin Extra Sweet Peas Asparagus Tips. Maine Corn California Honey Tomato Catsup THE GROCERS' SPECIALTY CO. 17 Market Street Telephone No. 65 Beautiful Assortment of Cut Glass Whether you want it for gifts or for your home, you will find some wonderful values in our stock. Let us show them to you. Geo. W. Huggins Co. JEWELERS WATCHMAKER? 105 Market Street p 1 Where Fortunes Gome From All rivers can be traced back to a very small source. All great fortunes had a beginning somewhere in little savings. The men who have amassed great fortunes and know how to keep them are men that developed their characters by the self-denial of saving the littles. Citizens Bank and Trust Company S. W. Cor. From and Chestnut St--Opposite Postofflce M. WADDELL & CO. PUBLIC ACCOUNTANTS Audits, Examinations; Tax Returns, Business Systems Office, 501 Southern Building WILMINGTON, N. C. V ' CYPRESS SHINGLES For economy and iturability as vrell as efficiency and beauty f roof,. our shingles have no equal. Sold in any quantity at the Koch Shinsle Milts. Hilton. A W. VW . K O C H ' Telephone 340W - WHITE FOOTWEAR r For Sports and Dress We are prepared to meet; a r season of unprecedented vogue for white, with extensive assortments of attractive styles in kid and canvas oxfords and pumps for outing, street and dress wear ' . MODEST PRICESATTRACTIVE STYLES ii PETERSON & RULFS t "Home of Good Shoes" ead Star Classified Ad J
Wilmington Morning Star (Wilmington, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
July 10, 1921, edition 1
12
Click "Submit" to request a review of this page. NCDHC staff will check .
0 / 75