PAGE SIX
ÜB*«SWW o*2
jffrcypfrifciii i
| ] No Comment
Mljgjp'.-.-M ' ,-
By JJtttES W. DOUTNAT
;- Aaittailf Vine President 1 , Government
KelulliiHa Uirtsion of tHt> Niitlnnkl
AaMcfotto* of Mnnnfketurers
NO COMMENT is a report oi
incidents on the national scale
»nd does nOt n' -.essarily reflect
H*M policy or position.
Washington A House vote
is imminent on the Kennedy
proposals to impose unwise tax
•estrictiohs upon industry and
innecessary and complicated
bookkeeping requirements upon
.ndividuala-.
The legislation is vigorously
jpposed by industry in the na
tional interest.
It is impossible to overestimate
the importance of the forthcom
ing- House vote to the nation’s
economic future.
One of the most obnoxious as
pects of the Kennedy program
is the requirement that 20 pei
tent of dividend and interest in
come be withheld and turned
over tt» the government. If the
millions of persons who would
be affected by this requirement
were aware of the enormou*
, and complicated record-keeping
involved, there would be a tidal
wave of protests rushing to Cap
itol Hill. t
This unnecessary burden and
inconvenience would tend to dis
courage investment in American
business enterprises—and there*)' -
restrict the growth of the na
tion’s economy.
Withholding of interest an '
i-vetment income would de
I prive individuals of the full use
of their funds and would cpn
-1 stitute an arbitrary and unquali
fied frustration of the thrift ob
jective,
The confusion arising from
making income tax reporting,
more complicated by such a
withholding provision, would, il j
is safe to say, surpass anything!
yet experienced by the Internal
Revenue Service.
The regulations in' ihe 1 ugo
240-page tax bill are especially
complicated with respect to
withholding. The measure is
described as an administrative
impossibility directly contrary |
to Administration promises to I
simplify the tax laws.
The Administration is waging'
an alLout campaign to impos •
this withholding burden on in
dividuals —and on corporations
and financial institutions.
w hy this campaign is being
conducted with such vigor is, the)
subject of much speculation in I
Washington, for, the objective;
sought—making sure that taxeij
are paid on interest and invest
ment income—Will be achieved
by the automatic data processing
and taxpayer account number
systems being adopted by the
Imernal Revenue Service.
These will provide a quick
check on whether anyone
evading interest and investment
income taxes —without the ha
rassing record-keeping now
sought to be imposed. I
Other industry-opposed provi-|
sions in the Administration tax
bill would:
1. Impose more stringent rules I
on deductibility of business ex
penses—thereby substituting the
judgment of government bureau
crats for that of experienced
business executives as to what
are ordinary and necessary busi
ness expenditures.
2. Require complex and un
workable changes in the method
of tapping business income earn
ed abroad—which would make
competition by American com
panies in the world market more
difficult.
3. Provide a $1,800,000,000 cre
dit for investment in new machin
ery and equipment—which con- (
dilutes a discriminatory subsidy ,
and control device for manipu- ;
lating the economy according to ■
NB TIME?
WE’LL DELIVER!
Next time you need some-*
thing from the drug store in
a hurry, phone us for prompt
delivery. There’s never an
extra charge for this pop
ular, prompt service.
Today’s prescriptions are
your biggest health value.
HOLLOW ELL’S
Rexall Drue Store
A Registered Pharmacist
Always On Duty
Phone lir We Deliver
|!f3
the ideas of the New Frontiers
man. •
These provisions - —plus others
have been recommended to the
House by the Ways and Means
Committee.
Under rigid House parliament
ary procedure, opponents of the
measure are likely to have only
one opportunity to 1 seek amende
ments.
House Republicans' are plan
ning an attempt to substitute
liberalized depreciation and an
inventory reserve for the in
vestment credit—as well as
elimination of withholdings on
dividends and interest and
elimirtation of the worst of the
foreign business income provis-.
ions.
Whether or not this move suc
ceeds depends on the amount of
support received from conser
vative Democrats.
After the House completes ac
tion, there will be hearings by
the Senate Finance Committee,
headed by Sen. Byrd (D-Va.) and
consideration by the Senate.
What is essential in legisla
tion to remove existing road
blocks to economic growth— not
the Administration proposals' to|
add new and higher hurdles for!
business and industry to sur
mount in working for a greater
America. J
Industry strongly, advocates'
enactment of the Heriong-Bakerj
b)!L which, among other things, l
would lower personal and cor- j
poration income taxes to a maxi-:
mum of 47 per ceht by a series 1
of five annual reductions.
This legislation would be ex-1
NOTICE
t
I Refjwesfr For Proposals On
! Furnishing Os Os fire Spare
, The Employment Security Commission of North Carolina
, desires proposals on furnishing of office space in Edenton,
North Carolina. The space should be in or near the
business district and provide approximately 2.000 square
feet of floor space. Floor plan should provide open area
and several private offices in addition to restrooms and
storage facilities. Detailed specifications for the space
needed may lie secured by contacting Buell A. Bailey,
Manager, Employment Security Commission, 204 Citizens
Bank Building, Edenton, North Carolina. Proposals to
be considered piust be received .at the above givco. ad
* dress by 2 o’clock P. M., April 24, 1962.
Employment Security Commission
of North Carolina
HENRY E. KENDaLL.
Chairman
March 8-15-22, 1962
Mister PART-icular says ...
LOOKING FOR EXPERTS WHO
REALLY KNOW YOUR FORD?
You’ll find the Ford experts working in
our shop. Our mechanics know Fords
better than anyone—it’s their business,
full time! ’Fhey’ve got factory-approved
special tools and equipment to get your
work done - right the first time—on
time. And-they use Genuine Ford Parts
to keep your Ford all Ford. Come in
and see us fbr the kind'of service that
kecpe a- Ford young!
QUALITY CARE FOR QUALITY CARS
MIVUIIIdI IU mvivi W*
w. moor st. phone 2144 * edenton
IWw'i License No. 1833
»«i I f MM ~
■ v - . ; ....
fr£Z CHOWAN WORTW PMtOLINA, MARCH ». 19**
pected to provide essential in
’ vestment capita!’ and, irf the
; long* ruli, m'ore tax revertue than’
. would be lost temporarily by
; lowering the rates.
A life spent wdrthilv shm'd
be measured by deeds, not years.
legal Notffw»
EXECUTOR'S NOTICE
Having qualified as execute* 1
of the estafe of Lloyd C. Par
rish, deceased, 'late of Chowan
County, North Carolina, this • is
to notify all persons having
claims against the estate of said
deceased to exhibit them to the
undersigned at Edenton. North
Carolinj, on or before the 15th
! day of March, L 963, or this no
j tiee will be pleaded in bar of
their recovery. All persons in
debted to said estate will please
make immediate payment.
This March 15, 1962.
LILLIAN W. PARRISH,
Executor of Estate of
Llovd C. Parrish.
Mch15,22.29. Apifi, 12, 19c
EXECUTRIX NOTICE
Having qualified as executrix
of the estate of J. I. Boyce, de
ceased, late of Chowan County,
North Carolina, this is to notify =
all persons having claims against
j the estate of said deceased tr
j exhibit them to the undersigned
at Tyner, North Carolina, on oi
j before the 2nd day of March,
j 1963, or this notice will • be
1 pleaded in bar of their recovery.
I All persons indebted to said es
j tate will please make immedi
| ate payment.
This March 2,1962.
NORA L. BOYCE,
Executrix of Estate
of J. i. Boyce.
I Mdh8,15,22.29Api;5,12c
ADMINISTRATOR'S NOTICE I
Huvfifg qualified as Adrftini- 1
stoat or of the'-est**# -of Sark L.
Harrell, deceased, late of Cho
wan County, North Carolina, this
is to notify tfll persons having
claims against? the estate of said
deceased, to exhibit them to* the
ittidtersigWßi at EtMhtWn, Nbrth?
Carolina,, ori or before the 2nd
day of Mhreh; 1908, or" this no
i tice will be pleaded in bar of
their recovery. All persons* in
debted to said estate will plfease
make immediate oavment.
This March 2,1962.
W. Si PRIVOTT,
Administrator of
Est. of Sara L. Harrell
Mch8,15,22,29 > Apr5,12e
A
North Carolina In Thfe
Chowan County Superior Court,
NOTICE
Chowan County,
Plaintiff;
vs.
d-ary Hall, James C. Hall, Wil
liam (Buster) itiddick, James
Riddick, Elizabeth Riddick,
Defendant's.
To William (Buster) Riddick,
James Riddick and Elizabeth
.Riddick:
Take notice that
A pleading seeking relief
igainst you has been filed in
he above entitled action.
The nature of the relief be-
NOTICE OF
Public Hearing
TUESDAY, APRIL 10th
8:00 P. M.
•MUNICIPAL BUILDING
F,DENTON. It. C.
Tliisr meeting is called for the jHirpose
of dfecnssiirg the proposed extension
of the fire district and adoption* of
fire prevention code.
TOWN of EDENTON
W. m frARDNER, CLERK
Classified Ads
HUNDREDS OF DENTISTS rec
ommend OLAG Toolh Ptisle'.
Buy at the drug store.
FOR SALE—ONE SET 2-ROW
Cole planters and fertilizer
sowers, one John Deehe tiller,
one rotary peanut weeder. See
W. D. Pruden, phone 2923,
Mc.h22,29pd
WANTED MAN FOR
insurance debit in Edenton.
Experienced or inexperienced.
Contact N. R. Johnson, P. O.
Box 91. Elizabeth City. ltp
SALESMEN WANTED—We will
supply you with a complete
line of Rawleigh Products to
supply consumers in your own
town or surrounding rural area
in Chowan County. Year
around business. Large pro
fits. Write RawleighJ Dept.
NCC-210-858, Richmond, Va.
VTch1,8,15,22.29p
'i'Oß RENT —4-ROOM HOUSE,
No. 13, Hawthorne Road, in
Albemarle Court. Has screen
ed front porch,, large refrigera
tor and gas kitchen range.
Low rent. Call R. T. Pickier,
phone 3236 or 3315. tfc
•'OR RENT 3-BEDROOM
brick house on W. Queen
Street. Mrs. Haywood Phthisic
Phone, day 3331; night 3558.
fc.
'OR RENT OR SALE-TWO -
bedroom house with floor fur
nace, water heater, range.
Located in Albemarle Court.
Phone 3122. Febßtf
UNFURNISHED HOUSE FOR
rent. Located on West’ Queen
Street. Call ft4rs. L. C. Bur
ton, phone 2572? Feblst
YOURLESCO HCMI
GAY SURROUNDING!
look at tho chggrful «tmoßph«N of'
ofod liviog tkst wr round $ th# big,
Slofful rtHX* Losco*Homos for*lW^J
PHONE 2163 ffiEM&jm
Edenton. N. C. mStg&MJI
Warren J. Twidd^
.District HepreseataflTe
! ing sought is as follows: to- fore
! close a lien tot unpaid taxes
upon real estate located in Cho
wan County, due plaintiff for
i the years 1951-1980.
You are required to make de
fense to such pleading not later
than May 19; 1902, and upon
P yoUr failure to do so the party
seeking service against you will
apply to the court for- relief
sought.
This, the 20th day of March,
: 1962.
LENA M. LEARY,
Clerk of Superior Court
Mar22,29,Apr5,12
ADMINISTRATRIX -NOTICE
Having qualified as Admini
stratrix of the estate of Minnie
P. Mason, deceased, late of Cho
wan County, North Carolina, this
i is to notify all persons having
claims against the estate of said
deceased, -to exhibit them to the
undersigned at Edenton, North
Carolina, on or before the 22nd
day of March, 1963, or this no
tice will be pleaded in bar of
their recovery. All persons in
debted to said estate will please
make immediate payment.
This March 22; 1962.
LENA M. LEARY,
Administratrix of
Minnie P. Mason Est.
Mch22,29,Apr5,12,19,26c
EXECUTOR'S NOTICE
Having qualified as executor
FRUIT TREES, Nut Trees, Berry
Plants, Grape Vines and Land
scape Plant Material—offered
by Virginia’s Largest Growers.
Ask for Free Copy 56-page
Planting Guide Catalog in
color. Salespeople wanted.
WAYNESBORO NURSERIES,
Waynesboro, Virginia.
Mch8,15,22,29c
HELP WANTED MAN WITH
excellent character to sell Na
• tionally Advertised Product on
established food route. Excel
lent earnings. If interested,
write P. O. Box 1092, Golds
boro, N. C. Mch8,15,22p
MALE HELP WANTED MAN
over 21 to sell Nationally Ad
vertised Watkins Products to
established customers in this
locality. Nearby Dealer pro
fits SIOO weekly. If inter
ested Write P. O. Box 1092,
Goldsboro, N. C.
Mch8,13,22,29c
WATCH REPAIRING JEWEL
ry repairing and engraving . . .
Prompt service. Ross Jewelers.
Phone 3525. tfc
: PICTURE FRAMING—FOR THE
best in custom picture framing
, see John R. Lewis at the Eden
ton Furniture Company. Com
plete line of moulding to
choose from. tfc
(OR SALE — GOOd USED GAR
ranges as low as $35.00. West*
ern Gas Service. Phone 3122.
Edenton. }une2tf
| FOR SALE SECOND HAND
, i electric refrigerator and elec
tric stove. In good condition.
' Call Mrs. L. C, Burton, phone
2572. BVblStt
CABBAGE PLANTS FOR SALE.
Early Jersey Wakefield,
Charleston Wakefield, Ferry's
Round Dutch, Flat Dutch. Al
so Heading Lettuce. Set now
for early spring heading. Com
plete line of vegetable and
flower seUfls.
B. L. PEARCE, Seedsman
Phone 3839 Edenton , *
Janlltf
—* *■«•■»». ~ ’
:FOR SALE—7 CU. FT. FRIGI-
I daire refrigerator. Very good*
I condition. Priced for immedi
, ate sale. Contact John Huf
j ton, care Pofrt Office; Cres-
I well, N. C, Itc
i - '
iof the estate of Mary Louisa An- I
derson Wood, deceased, late of <
i CHdWhrt Coiimy, Nortii Carolina. <
1 this is to notify all persons hav- 1
' inn claims' against the estate of <
said deceased to exhibit them i
to tffe uttawsigtasr at Edenton,
North Carolina; on or before the .
Bth day of March, 1983, or this
notice Will be pleaded in bar of ,
their recovery. 'All persons in- ‘
debted to said estate Will pledse
make immediate!' payment.
This March 8,1962.
PEOPLES BANK & 1
TRUST CO.,
Executor of Estate
of Mary Louisa
Anderson Wood.
Mch8,15,22,29, AprS,l2c
North Carolina,
Chowan Countv.
Notice of re-sale of land
UNDER DEED OF. TRUST
Whereas the undersigned, act
ing as Trustee, in a certain deed
of trust, executed by Vera Muse
White and recorded in book 73,
page 301-302, in the Office of;
the Register of Deeds of Cho
wan County, foreclosed and of
fered for sale the land herein
after described; and whereas
within the time allowed by law
an advance bid was, -filed with j
the Clerk of the Superior Court j
■ and an order isstied directing the j
Trustee to resell said land upon!
an opening bid of $825.00.
Now therefore, under and by;
virtue of said order of the .Clerk [
of the superior Court of Cho- •
wan County, and the power of
said combined in said deed of
trust, the - undersigned Trustee
will offer for sale upon said
opening bid at public auction
I to the highest biddhr for cash
at the door of the Copnty CoUrt I
House in Edenton, North Capo-1
-Scherileu
- RESERVF. )
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WHIPS !N EXTRA SMQQTHfiESS
Stl" ft'i
' . „ n ;„, ( _ . L;' i v i BtrMOED _. stfr - PROOF 65* mutkl mtl fo
JCHtmEVPISTIUinstW-W'T c • ettnueo , ,
v
Imav at 12+00 nopn, on the 2nd
day of Aprjl 1962, the following
described property located, in
the Town of Edenton, North
Carolina and more paftictilafly
described as follows:
The lbt with all buildings, and
improvements thetsoit located on
the North side of East Chtirch
Street whereon Alice Blount,
deceased, resided for'a number
of'years and bounded West by
the James Harris lot; South by
Churtri. .Street; East by tHe S. P.
FINGER LICKIN’ GOOD
Home grown Keystone vegetables taste better-look better-espe* t
cially when prepared for a cook-out. And when unexpected guests
drop in, there's no worry—no hurry. Just pick your produce from'
your own back yard.
We now have a complete selection of Keystone fresh bulk garden 4
seeds... tested and proven by the country’s foremost seed breed
ers, growers and processors.
I <«L.
E. L. PEARCE I KEYS TONE
SEEDSMAN I \\ SEEDS
Phone 3839 Edenton _ E VO T
Cook**lbt and on the North-by*..
the inti n 1M t .
THW IWK; W 7 o<
R. C. HOLLAND,
G. E., Tillett, Attyu .<& *
MU