Newspapers / The News & Observer … / Aug. 9, 1920, edition 1 / Page 2
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DEMOCRATIC ABIENDJffiNT, Obligation Plainly Imposed By Parlv Dpfl flffltlon At the State C6nvnttortv POLITICAL PREJUDICE GrtLY AnGuRSENT CPEN Tennessee' Hesititioif Ve E . so Why KortB Carolina Sho-lda! Orowi Hopes of - - Women With Success; Leg " islatflfe Mtut Keep faith of The Democratic Put. 01. Wilt rttffic, th tvtercfi Uerth . VWVUJil ..... mmm m ihbi large from North Carolina U th Dmo ofitle convention it 6a franc Iseo, in la editorial Is hi paper, th Charlotte Observer. Vasterdav declare it M . democrat! duty to ratify tho federal cafffat amendment. The editorial in Bnndav'l Obamf follow: The Democrat) party ef North Carolina wm a triple duty which ihftuld Hcom I aiscnargea oonfi tho special session of tho Legislature that ia to be conrened Tuesday. Tho duty U to Itself, to thi warty, and to tho womea of tho State, and it dio charge ratification of tho amendment kv which tho women Would bo enabled to itfrtlelpata with tho balance of tho eitisenshlp of tho Stat in tho ballot -The obligation is plaint imposed by tho party platform adopted by the mate Cntitentioa and Which i(Jo tho f- feet that "thii convention recommends t tho Democratic, membofa of the General Assembly of North Carolina that 'at the approaching aoaalon there of,' they ot in favrif of tho rutlfioetloa of tho proposed 19th amendment' to tht rederal Conatltution.' If tho plat form it not tho lawi of party, tho what doet platform Itaad fori And If thev Democracy of the State ll bound by thl declaration ia favor f granting tho f Mnhl of 4h womea "at tho ap proaching leulon," la tot tho obligation doubly itrefigthened ly the luffrag blank in the national platform f Tho rreildeht of tho Nation hai long boon IB earnest advocate of the ballot for women; ho aroused the wrath of the Republican lectloa and a portion of the Demoeratlo section when ho appeared in person bofora tho Senate and mad ap beal for adoption of tho amendment. Th present loader 6f the national Pemoeraey il lifting tip hll Vole tgalhit further delay la granting the Women this- right : which- la e oner ally ei4e4 to bo thelrai the uovof- ber of tho BUt ha made reeosimen Ittio ia faor of ratlflfalion, and on of th United State Senator! - from North Carolina who waa a holder-out tot year, ha givea aanetion to th in. tvltable. No argument at thla day eaa b advanced againet ratification aa y from th atandpolnt pt political pfejo die. Beeauie of thi influence! operat iag againet Tnnse going oa record a the ratification Btate, it no leaaoB why North Carolina ahould not aaeept, and willingly, tho honor at wBleh Ten- . aease appenra to bt halting. On the aoatrary, refusal by that Stat ahould operate to encouragement to North Carolina to oaUbliah reeognltioa of th right of th women to tho ballot and to -rows their hop with uesl. "Th Observer Would remind th poo. ' il that while th mea hare manifested a. diapotltioa to sacrifice th red aiemorke of tho war and the aceonv ttllahmenta of th American aoldler to bolitieal 'eapedienry the women of tht Sand hate not forgotten th heart break of thoa terrible day when out boye were dying oa tho battlefieldat they hare not forgotten the tacrine . . niado by tho mothera of the laad, nor bar they forgottea . tho magnificent Meord made by tho .Wllaon Adminis tration ia th organisation of a vketori. oa Army, its oipedilioua equipment and despatch to the field of war, ' aad true in heart and memory of thee A.. htm mtmnA taAB -4 IhA.AM inttt iiuteumnntfllttT Which la to safeguard their hearthstones ifroa similar ravage in the year thai art ' to torn th women of th Nation are i on in Jaroi-nf-ih League of Na tions. Tht women of North Carolina may be depended upon to mt intelllr , gently aad tatriotiealIy. They hare - woa that privilege. Th party Would : orudfy principle if it ahonld fall la its . political if not sacred obligation to grant it to them at tho first opportunity Whieh Will be during tho deliberation I of th special aeasloa. "Th strongest argument which can at thia tim be advanced is furnished by tho women themselves. They want to Vote tthat fact la not to bo developed : from all feartt of th Bute. - Th Ob- ' server would have the polls opened to them not only as n matter of justice, - rat Mesne of tho benevolent dinetiqn ia which th womea vote will bo ast s ' fehal. Th women, for one thing, will vet in, promotion of the edu. : tational iattnst of North, Carolina on , a feala temmeniurate wtih the needs of ; lh Ststs. Taking a. hand ia ths ballot ' they will aeeeesarily beeom mora inti mately concerned With law and rega - lation far th betterment of th com- v fiuone of women at th balUt boa ia North Carpliaa will bo beneficent. But : alt thee argument Sihle, it would seem that th party la bound by ftlth to vot ia ratification of tho nmeadmant. To argue otherwise would ba to argu '., that a platform stand for nothing. In tinea' vast the I!ili4n lu kal actly kept, faith with cortaia portions . of th Stat in tht matter of asslstan la buildiag railroads. Let the, present Legislature have ear that it keeps th faith of th party in the matter of th . suffrage amendment. fhelma White Released Fram Coagne- ment. Tketma Whlu, young woman arrste4 Sojinrday sight at th tTaloa atatioa ea a cbarg of vagrancy by officers Man- Snra and Crabtree, wa releaaed Jroat ay fcy Chief af Pelle Oleaa oa toadl tion that hee Employer, Utr Jame U. Btawart f th Aat Top compaay a Dawson street, h rasponalblo for her appearaaea for. trial mi aity aoart thi PLATFORM MAKES DUTY MANDATORY NEWS DUTY TO RATIFY SUFFRAGE DECLARES EDITOR HARRIS 33 F&yLi Col. Wado fi arras lfr AGAINST CONSTRUCTION OF CHARLESTON DRYDOCK Benator Colder Writai Sac. Daniela, Saying Project . Only Watte of Money Now York. Aag. 8. A protest against going ahead with eonatructlon of new drydoea at the' Charleatoa, . C4 navy yard It voiced la a latter from United Btatea Be at tor William M. caMer to Secretary of tb Navy Daniela, made pntillo her today T4 nraeeed with tho work, WBieh waa tathfriied by Congress a a war meas ure, "would be simply a wilful waste f puMreriuhdi,Benator-Catdr doplaredi H walled attention to tho Met that Senate bill itendlri on th ealendtr after being favorably reported by the committee aaVal anaira repeal the, authorixatlolti for building the drydnek as well aa dredging a channel in the Chatletto harbor, estimates for the Mat of Walh total 20,000,000. Ia part, Senate Caldef wrote t "I am tttr that yon will not eoaate- aanm th expendltnr of money ia manner that will bo tantamount to a violation of th taw. "Darin th alon recently ended ettffcordlnarv effort were made te e- eretia) th ot af aevernment ad there by daeraass the burden t Uiatioa. -f 0 proceed with thl work aow would be a waste af the nubile money ea aa Imnrevemeat that. I understand, ha never been reeommeftded by any naval board and in the judgment of every naval officer with whom I have ferret regarding it, I entirely nnaeeea infr." Benator Calder declared preliminary stlmata indicated thatth dock eoald not be built for 4,000,000, the amount inthorlatd by Concte for the work, and added that ha waa Informed It wa eontemnlated getting around the limit of ot by building th dock by day htbar. . DR. OSCAR HAYWOOD TALKS ON SUFFRAGE (Caatlaaed from rag On.) bT walking la that mining enmp." Orltlelaina the inaptitude of the thartk ia its evident slowness te grasp th opportunity of pointing tho way te tho hi or tbuadaat life. Dr. Haywood ntemnlv deelrdl "What doee the ehartfc ear about who goea to hell a tillage arc dnh ia order t Impressively ht referred to the din lltljhlng rrtur of life. Hympsthy he ftpreased for the man who has never gotten) abov th Tea Comnehadmente, obedlete to which a declared does act bring a full retuf of happinn. Aw lltnktratioa It, h taid, that a repeal ef all the Statute! on th books will wet mafcr thlevei d plvhpoeketewf mewr fienth is Laadint Referring to Thoinaa Nelson Page Mylng that every tep toward progress made in ths United Btate sine th Civil War ha been mad ea Southern toll, Dr. Haywood taid that "tvery step la th direction of freedom tinee'tb Country began has bn taken ea Southern Kit or by a Hontlera bub. ''Lincoln ipeke aa a Southern maa hen he struck at slavery," Dr. Hay wood deetared, "Th curs of the South was slavery. It mad th sertioa tetf-eoatained, gave It a falte leaas af Indopeadenc and bred a spirit of in flolenrc, She made, nlstory, tut wm toe laty to writ It." , In his discussion of snffrage, Dr. Haywood prefaced hie comment with the statement thnt he v( not declar ing blmtelf 14 favor of ratlfieatloa or la favor of vote for womea. Th bur. den of hi thought upon the subject wa that It 1 a live question, and, aa a live question, mut b dealt with. It ia. eo-naramount with the radical, ism, and th survival of one, eaid he. hang Wpoa th't doom of the other. Ou great Treddent of th United Btate Woo4rowWIIan revemed th fanvte tlos of a lifetime, ia hi opinion, be cause of th feir that radicalism aad other red concert of effort would de ttroy th fundamental of aoclety. ' Mernbar1 of th General Assembly hearing tht sermon of Dr. Haywood followed kit reaiirk With marked es prcaaien of interest. Member of the anti-vcrtuatloa found themselves a little punsled at thia ttnetpcted argu nttat advtaeed from the pnlpit from so mtnent authority a Dr. Haywood, aa4 taahly confessed themsrive fiaa bertaated. : d. r-r Dr. Haywood preached again last aight. He will remain in the city aver today, Th aaaouneemeat la th News aad Observer yesterday that Dr. Her Wood would probably eome the ml icaaiea at the General Assembly as the Mmbet front Montgomery ceaaty cre ated naaeh amtat f a favwtabla na AND .OBSERVER RALDCH. N. C MONDAY MORN1NC AUGUST 9, 1123' o)f th ChArbti STATE UBOR FEDERATION WILL ENDORSE SUFFRAGE Two Htudrai Dalafitai Will Attaad Annaai Stata Con , Tntlon la Charlotte Charlotte, Aug. UTthj kaadradl iU gate to th anaaal eon vn tion at th Sttt federadoa of Labor, whldl epce tomorrow, have arrived aad etealaf ad early meraiag traia will kriag many mere. H. C. Caldwell, total dltr of labor Herald, eaid today that fhl it to be th largest aoat eatloa tr hel i by labor in the Careliaaa. Be ade a itatemeai that th onvntla Will go oa record aa favoring wma ! fisge, aUe that the eeaveatioa will ea' dorse the plea ef aoa-partitiasthip a lag Its vote for th party whieh ad tbcsfe law whifh will moat bewat labor, h n the last aoavaatiea the ncmreiahtp h laereaaed 100 net etM. Th eeaioa will be held In the fcew high school building. Major W, T. Mini j, ef Raleigh, arealdcat oftthe federation, arrived teaight. T saeal aale waa organlaed Just arev'tu t strike ia Charlette ea Au gust Ut of enrrent year, baa vtrenitk of SSfi at em here with U aflliated vt ionizations. ffort are beiag naaaie to erect a iatier temple ia Charlotte. Allies Convinced BolsMviki Plan To Capture Warsaw and Set Up Soviet Rule in Poland (Caatlaaed freaa Pag OaeJ salted in th conferee awumlag a very warlike aspect. Fech Acaia Called la Marshal Fech aad Field Marshal Sir Heary WUaoa took a prominent part la the morning discussion, aad it haa beta learned from an official tear that mU lied aid for Poland will teater la Mar hal roeh. After th arrival of th f reach party at Lj-mpae, a eerdaa waa thrown fonad the residence of Bir Phillip Baasooa. Th approach ef the newanapermen was the signal for a asobiliaatioa of the d teeme loecea. Balfear In Cwafareaea A laat-alant deeiaioa te iaclnd Ar ther J. Balfour ia today's mcetlag cam as a eurpriae te British aad Preach circles, aed waa th cause ef msch apeculstioa. Th aaeepted view wa that Mr. Uoyd Oeerge desired t avail hirasajf ef the tnatare etpertsne 01 a statesman each a air. Balfour la tk present crisis, th aeuteaea of which there la no attempt to minimis ia either th Preach or th British dele. a"1 la the vnt of a Aaal break te tie aegotiatien with th Moscow gtvr. meat, it is believed froae will bear ia bardea laad aid, while arret uritaia will eaeame fall iepaaibtl Ity for th lmpotltioa ef the bloekhd Kacearac Thrift la aaalaw Madrid, Aug. V Ia order to eaceah g the Spanish weenie te aava snaner the government haa decided to Rive ft prise to scholars ia ordinary eahoola, students of universities, soldiers aad government officials bank book la th postal aaViats bank, pbteiat t their credit ansa! same ef anoaer. filaee thea savings bank were taaatfuratet? ale year ago, aearly 60,000)00 psettaa ha oces aepositea. Letal Oalea, UaHed State Weather . - Baeeaw. -'- ; FORECAST Raleigh, ft. August A, 1M0. Wathiagtoa, D. CZ Augwst I. ( Fere- east) WeataerLe e a I thaaderehw er Monday and Teeedsy. iighest t temperature .............. S3 Ltt tempera tar ..............eg Meaa Uaaperatare I Average daily deficiency tinea Jan. 1st 1.1 1'iU.CU lTATlO.N (ia iaehoai Ameuat for th 24 hoar aadiaa at t n. am. l...... AtT Total for th meath to date ..... U7 Excess for th meath ............ .0.11 DeJeieaey lc ' Jan. " 1st' ....... , 4M MUMlDlIk Dry bulb T M T3 Wet bulb ....... TS Tt Tl Eel, humidity ... 1 t '; ' 91 f Bedared aa Sea LsvaLl Oh) The Weather - in. MJS t tv m, SOJI QUEsSTIONSOIITAX. -II -III President Stone Asks State Tax Commission For In- - formation ' Replying to Mvea question tiked t f . W. H. rttoae, president of the Stat PaatW . Union, the Tag Coatntissioa haa dirU4 to Mr, Stow the following- letter 1 - . Answring your - letter of the 6th last., requesting , in forms tion to be toaaidtred by th Parmer Union at a meeting to be held la Behtlgh th 13th iast, th Commission present trte1ti- tfc Uf.rAtloa it- ha ia answer to th several questions pre sented. . t -. Quest ion L What If th tetat amettnt f eerpetat noes vr and abova U tangibMroperty of eorporntioaa upon which sesa Use jpeid by all eor. aoratieMf Pie a divide thi fa t Lamb, Savings Cmaanie,,Bakiat la s.itutes and other corporation other Una ths abov. t- ' Answer 1 Th total amount of rpo tat ies ever aad above th tangibl rr iwrty listed by find taaed against such corporatiosl U 4(01,011. Of thia smounr tti.rJMttfJ 1 th amonnt of corporate esees on whieh banks are Used la addition to the assessed vslue el real estate aad furniture aad fit tares swaed be thtnt. Question t. I R, t is It not a faet that Gaston couaty is what mlnbl be allsd a paupof 'or dollaqutat ewnty, that i it drawa far rapport f ashool aad other purposes, mot money from tbw-8ttr Treasary than U pay la oh properly taat ""'-" Answer t W kavt aoea it stated la th treat that Oaatoa aoaaty waa listed aa a soalled naUMr'aonnty ia 1919, aad all an tiplanatiaa that thia wa oa aeeettat l having railed th salary of aehool Mabefg la that county above th averag of other eountie ia and eat-half ef aoh aalarie wr drawl front th State Treasury. Uadaf provltlon of th publi achMl law of 1919 a-aJf of th aalarj ( poblK aebeol teacher in all th aonatica of the But I bald front a common fund collected by th But. W hv hot mad a detailed iatlfatia of th amoukt of benefit received from tt fundi by Oaitoa ority, at a record of th dlbrsment om throueh our dtrtmnj, but Whatevet may hav bona th racu a to una it t quite eertala thai if Oaitoa Counfy drew front th Stat Treurf In 1919 mof than was eolloeted by lh BtatfTa that county thll would be eorracttd by th re-valuation and that thu progretiiv eonnty will CoBtrlbut In 1920 a tab- stantial turplut that will go to th nay mnt f teacher' talarte la other counties aavlag Its taiabl wealth thaa Oaatoa. Th total value In thia county ha ba inereartd from 119,493,172.00 la 1919 to 9744120.00 under the r varlaatloa. and mt thaa half of thlt Inereai it ea th value of th cotton mill of Oaatoa County which hav been increased is value from 99.491 7M.O0 la 1919 to 3flM9,230.M nflder tk MVMuAHO 1 1D20. J- uuMtioa 9. wm yon tat if yon hat access t tht faformatlofl, how muck tha PJtatf ef tCentueky collected rrom air. JteDrt Bingham t part Of hr Cms i.i..k.Ba S1..I.J. a..... j ... m . , cwivkv wB.atv , Antwiri W hava ao Infonnatioa available a to how much tha. Stat of Kentucky collected a Inheritance tat oa that aitata of tht vara of strn. QuMtioa a. Will roa atatt how much tash moaey th But of MeHh Carolina haa ollotd front th 11. J. Reynold! oataut Answer: Tk Stat collected la th hatter btrt of 1919 93rS.890.7fi from thl tat and gwva receipt for tht amouat in partial payment. That feprmnted the full amount that wa at that tltn admitted to he -da - b th atecutoH of this tstat, Th aommlsiloa dUnd th repeated rtqbett of tht aaecutert to ma a aaal ettimal t thll estats uatU after they hsd Had final aettionieai with th U. B. government so taat it wtuia aava nvaiiabl lafor matloa which th agents of tha red ml government Would get a to th value f th hari of stock ambraeed in thlt ostat la the R. . Brraold iooact uompaayi wbieB constituted tho principal Item xf Vklu in th Ml . . . oetate. We hav found from export ease that it It t th lntrtt of tht Stat to hav th benefit of this la- formation bfor making final ttl. neat on targe eatatsa- Their Mttlr meat with tha Federal a-ovafamant was OBapletd aeaia thlrtr dava sa ail aer aaviag ids beaent oi their action 1... . 1. rw --- ute agtata of th onunlaloa made a anal appraisal of the valua of thia estale-and has readered th erecutor n atatamsat ef hUa du f 917a 700.12, iaelading ItetW of 9l7.Tl9.OS la. tercst which will mako a total payment ef Inheritance tea on thl estate aU7j0Ja. The eonanUta rusti of th ( valua of aak itm ia th javsn- lory oi tai . ttat and th clula tioni f tha tat thcreoa it availablt at oar offle at any tim to yourlf er ay attoraey r kprMBtativ of your auoctatioa ar aav altiaan af North Careliaa. Quiition .rVUl yon tat whether or not It -la 4 faet that ManrlanLw rutnsaa ana many athcr aitatee pay tat on tha actual lharea of atock at thsir market quotations, or a fiid per a tag thereof! Answer 1 It 1 aot h faet thkt either Marylaad or Kiaaa tale against tha anareaoidara -share of stock held, by them la Incorporated companies Incor porated ia those Stat. section Ule ef the aaral Statute of Kansaa arovldcs "that no oaraoa thall 'b reqnirtd to lacludt in a list of personal property any portion of tho capital stock of any company or eorpOMtioa - which I rtqnlrtd to' be Hated'Tiy aueh wmpany or corpora' tion." Cortorata property 1 assessed. agalnit th orporatloa ia that Stat in in Mm way aa M oorporat prop erty in thi Stat, aept that our statute provide fob th ' deduction from th Tab af th (iDital atock of property luted for taaatloa la thlt mate, wan tn Kaaaa provisioa t that dcdttcttoi shall be . made ' for property la any other Stat or aoaaty ia thi Btate." Tha Marylaad provisioa will bt found ia Bectloh I8B of their Cod rcadln aa follow 1 MXvrt ordinary bnalaeat eorporatloa created or to be cretted under the lawn of thia Stat hall from and after th expiration of th Ttar 1914 be exempt from taaatloa aa It hara.ajr shall lta ahara b aaaoued ar vtlusl for tht parpoa at taaatloa la th hand ai Ut holdtn IATTCD IMCi'CDCn rtl ILIMI!OHULU r - ti thereof. . v ' V 1 1 ". . : - teres both the capital atoek of at eov Dofatioa and taw ahasee x atecK hsld hf eitiua of thai Btate -in each cor porations, and 11 yew wui indicate any other particular Stat er State that yon weald like X lava na investigate for res w will take pleasure in for nishing exact and apeeiHa Information a t the amistnti ef their tax law ea this swbjesV W aotlelpat that th reason yea a anrtiemUriy about Marvlsnd aad Kaataf kr en account of tatvtat mad la teeeat .Publica tion la th State press by Chief Jostle Walter Clark, Bad in which psbttentioa Jadga Clark made epectfia tttrtaot t the doeiaiea of the Supreme Court fit Kanaa in the ewae of Beak againet Mooa (Kaaaaa 1919, 170, fa 96 wbicfe aetMea Judgg Clark iaUfprettd aa tnav taiaing hit contention that both the capital stock aad TH lhare of atoek hewld b taaed. The decision referred to by Judge Clark I a directly oppo site fa hi (tatemsat of what tea ieel Ion wa aa it aewld peeaibly be. The dMiaioa la that esse waa Bof iuTjrad" vene to tha contention of Judge Clark but H waa to tha effect that tha Sanaa Tax Ceataliea eenld net asses th ahato ef stock of bank In thaa State at full valu of noeh sherc without dc dnettng from aaab vakte the value of th real estate and furniture and ia tarn ewaed by aab banks. If fler onld b any . doubt f th meaning of th deeliion of th Kanaa Supreme Cart la that aa, tha foUowfag quo tatiou, which W take front the report of th Tai CoinmiMhra of th Stat of Kanaa, ertainr' leave aoai . -. - la aecordaaeo with ' Instruction iaaaed by th Tan Commission with re lation to tha aaweeaaient of tha re of benka, eertala bank wer net permtv ted to have tha valae of tha share r daeed by deduetioa of all of tha real state to which a particular bank ta question had title. Tha declsUn ijh eonrt in thia part leu lar fa to th effect that th ftjmrn awiioa iwtarp rated lb law laeorreetry. and 1 fellow tha In all aaM where bank war net per btitted to ddnt f iwaa th aad val ae of th thare tho aatoaaed valu cf real estate ia tha Btate ef Kanaaa, aa allowed by tha aenn desist oa, they wer eseeestvsry aaeed ape tha abar threagb a fault of their awn. "It is, therefore, by tha Tai Oem anlasloa aa tbl ISth day fPembr, 1917, . "Ordtwl, that th proper aoaaty aa. thoriti of any county h aad they hereby ar directed to adjnrt aty neh gTievaaee ia aeordan with th fact whieh may be mad to appear by 40m ptat 9vidaae, aad ahail abate aay aemnt to th txttnt ef aa amonrrt te ba determiatd In aeeerdane with th desisio of th Suprtm Court, aad (ball abate also tha errs pending essiv tat charged. "The Meretary will traaemit a eer tided eepy wf this order -to th eouaty clerk of eah oonntjr la the Btate." W hava aamiad tha Statata of tha State of Xaaaaa had ind that lta nethofi of taxing shar of atoek -in baak and rcdairiag tk bank to pay tk tan aad enemptlag tha ahar of atoek in th band of th koldr I Identical with tha method new la effect In thl Stat. Th other ort detUloa. rfrtd to by dudg Clark la the same artlels, Lorlnf against Bettrly. ISS Mass. 839, had ao relatioa whatever t taking iharci f ttock la aorporatlon. Tk que to before lb court la that ae related to th llttiag for taxatlea af mobcr lecetvcd a dlvldeads on ihar of Massachusetts corporations. ' Question fi. Commissioner Maxwell having autcd la hi last artiel t Aug. t, 1920, that h waa ia favor t making all lhare of atock la baahi, taiabl agalnat tha bank wherever located, would yo ba in favor of making th proaideat r ther chief offletr rspon aibla for 1h tea upon all of th thart of atock la all corporations In ooonty rbV- CAUOWAf PRU0 CO. New Line IN JA atm eeaasea Porch and House Ap Women's Porch and House Aprons of fine quality Percales in stripes and solid col on; pocket, cuff and belt trimmed. Medium, large and extra large eixes. Aprons that any woman would appreciate for cool, house-morning wear. : - M no Regular $2.60 values, special, at ,. . . ... . .. Pl0 A New Style Navy Blue Georgette Waist $7.45 We are showing a new olain tailored Georgette Waist in our waist department It is styled, with frill front, mer travel and Wear. All In flesh, white and navy, Special at ,. v . . i . fJ, . I: Visit Our Store for Summer Needs. Always Ready to Wait'on .You. i ., - . . .'.-. i . . hi where keatedf -. Aaaweri The method which yew ask tt we wroald fawer ia this was is tha sthod that has been ia offset tq Korth Canlina for' many year with leanest to all corpora tie a other than banks. ' Th corporation being required te pay tan n all lta property whore located and upon th wesi value af Its capital above th taxable valae of its property, if any waa taxed where It! principal office was located. Ia die tributiai the asssssuiiat ef bank atoek witk ref arene to the residence ef th bolde of the. ehsre prior to 19tt we wr f ollowiag pmtioo tha did sot apply with respect ta any ether alas of corporation.' .'- QueetUn T. What ia tha teaoral re bktioa between the market value -(that ia according to quotations of atoek and caebanges where available) and the ssarssnd valu of th stock af erpora ttaaa. 3iv rtpressatstlve example f Aawwewt W 4a not know of any Mawth Oanoliaa eemrttioB whoa atoek ie Bated em tha Ww York "tack x ehaage, tbewsfoTC, da not knew of any. Kerth CareQna eorperatlew whse (have of (tack have sa aesuratcly stablishd osxhe wahteT It hi gramtly true that sksres mt stock la Merth Corellma eor- peratlene have bee told during tha taut ynr a a Its fignr thaa th relsUve valae of th property of awth aaaaalea as ass the revalaaiien f ot the rea that tha reproductive tain of indaatrlnl pkwta aaala aaaajr;.aan tn created at rapidly thaa' ha tha aear. kct varoe ef the (bar f atock aad tha revalaetiea of ths property of- thee tympanies appro-ximates tha repredoctwe tarn aa of ta art aay an stay, -cam wilt also explain why tha item of eor- pent aaeet whieh ripresent th vain OASTORIA rsTfctutJrtcata, InUsefwOvwaOYeaire A Store for 1 1 ! JUST i women are the foundation of the 3 home find the family ao Are ther Also the - chief factor In the idle of musical instru . menta. "fherefore ItTiFteerw in the Jesse French salesrooms home t- mosphareto make roomi a place where brin their children music rolls or record young ivlmM auuub mi . us twatiicvs iuis' come for expert guidance and ijrmpathetie advice 'in choosing a piano for the new home to be a place where erery one who lovea rnualo mijrht eonie with the confidence . that they would find courteous attention, instruments of splendid value and the at mosphare of home comfort , Uprlfhta, Craada aad FUyer Plaaoe- v Jesse French & Sons Piano Company 1 A Name Wall 0LITU UNIT L1BRART I Columhla Crafocolaa uid lUcorda. - - with small pin tucks. Tailored and smart for sum sizes 88 to 4i 10. ' . - 'r;; '.,. t'y.'TV . ' . k ta aanwaa at tk aaaiat 1 f vshso ef real 1 mw Frv " fc aet greater taam the sack oomtmala : figure gdvea. frotty fair general lOaa! tmtioa is that the taweaaad value af thi ottoa anilla af the Btata a a wrhol nnder Ue revahtatkrn ia t and AX-lOQi tiasee greater thaa tha par value af the capital aleak ef task aimpala. Tha ansa agar fot an Nerth Carolina om - poranona, evner taaa aonoa auua, to 9184 per (hare of 9100. Same UloetTw tiea of the aseaatateat ef partianUr North Carolina eempaaies which yew re- queet la givta aa follows r - PiaadaaRy Maanf aetarlag Company t, 91J94 pet lhare of 9100. Xrwia Maanf astariag Company, 444 . per aharo of 9100.' Tlrwinia Cottoa MTJla. aLBia war ahar ef 9100. -v v -Tata lltara Waay, a08 pI (Rata - ' 4 - " -f-Flrat Rational Bank af CharlotU, nor nknra. ", Greeaabora Katlonal Bank,' 91 pel It la aot ratYssted that the snoalfli laataaeea ar fairly rep rosea tativw vq th average aeaseswaal of such . aoH peratioaa. bat tha fixure givn.for aa seem sat ef eettoa mills aa a whole off 924S par ahar of $100 aad ether eorpor atioaa at tlfi4 per ahar la fairly repra entative. - - : -Aa your lsttar Indicates this taforma Han. ta AtairaA tit nahlla eoaaldaratlan. and aa tha asms la dmsd ta ba efH pablia lntara at thia time, tho worn. miaaioa aaa taken tha Uberty or giving these qaestion aad aaawara to tha press. - Tonro wary truly, ' . NORTH CAROLINA CORPORATION , COMMISSION, B. O. BELT, Clark. Women JetM . French sale- , mothers would like to t to choofie some new place wtere the Xaawa Blase 1979. BLDC fBONI fill rons . - ' - - ; 'i.''.'")' ',0'Qt' ?;.v. . 97eJ of anpttal atoek 1 t nw lh. aW J fnnrij S:?7 M8 .ylryltajk. ajmt.tafltjf .MhT Btata tint
The News & Observer (Raleigh, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Aug. 9, 1920, edition 1
2
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