Newspapers / Carteret County News-Times (Morehead … / April 2, 1957, edition 1 / Page 12
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Atlantic Beach Life Guards Are Getting Ready The Atlantic Beach life guards have already begun preparations for the coming summer. Sherrill Norman and Eric l ewis of More head City are taking the first aid course being taught at the Beau fort Fire Department each Tues day night. The instructor, J. R. Carter of Morehead City, is teaching the operation of the Atlantic Beach re suscitator as part of the course. The chief life guard, Stuart Sav age, is taking his third course in first aid with the Greenville Fire Department. Savage is a student at East Carolina College. Atlantic Beach Police Chief Bill Moore says that he wants all his summer policcmen to take a course in first aid and use of the resuscitator. He completed three such courses in the Army. During the summer Chief Moore has two full-time assistants and one weekend man. The extra po lice and the life guards will begin on a part-time basis in the middle of April, he reports. Chief Moore reports that the weekend traffic at the beach is already considerable. Several peo ple have already been swimming and even more have been sunning themselves on the sand. The Idle Hour, which is open year-round, and Buddy's which opened Satur day night, had good crowds, the chief said The kiddie rides have attracted good crowds the first two week ends that it has been open, despite cool weather, he added. About 15 new houses are under construction at the beach now. Seven of them arc in the Sound View Isles development. Guardsman Plans To Attend OCS Sfc. Frank B. Fulford, Markers Island, has applied for the speeial National Guard offieers candidate j school at Fort Sill, Okla. Sergeant Fulford is a member of Battery C, 690th Field Artillery Battalion, Camp Glenn. The course begins June 12, and ends Aug. 31. He is taking a leave of absence for the period granted by his employer, Lloyd A. Fry Roofing Co., announces Lt. M. E. Bridgman, commanding officer of Battery C. Sergeant Fulford was promoted from specialist third class to ser geant first class Saturday. The pro motion represented two pay raises. Others in Battery C getting pro motions are Vernon Cannon, Charles Garner, and Hoy D. Rus sell, Newport; Cecil Guthrie, Jar vis M. Guthrie, Paul G. Guthrie, Vernon L. Guthrie, Altynsia Salter, Stanley E. Smith, Wade D. Willis, and Romaine Willis, Salter Path. Alton K. Willis, Harkers Island; and Ronald E. llowland, Leedy B. Lewis, Garland E. Smith and Con nie M. Willis, Morehead City, all to private first class. Jess W. Long Jr. and Joseph G. Riggs, Morehead City, were pro moted to specialist third class. Long is a graduate of the six months' active duty training pro gram. Chairman Lists More Patrons llrs. Truman Kemp, chairman of patron listings for the centen nial souvenir booklet, has re leased a recently-acquired list of patrons. They follow: llr. and Mrs. Robert C. Markcy, Col. and Mrs. Henry H. Blanchard, Mrs. Olzie C. Rodman and fam ily, Mr. and Mrs. Eli J. Perry and family. Dr. and Mrs. Clifton F. West, Thomas A. Carrow. Mr. and Mrs. Roland McClam roch, Mr. and Mrs. J. D. Holt and Barbara, Mr. and Mrs. Earl Thompson, Mr. and Mrs. George Watts Carr, Mr. and Mrs. David Franklin Cannon Jr., Mr. and Mrs. Louis V. Sutton Dr. and Mrs. Russell E. Outlaw and David, Mr. and Mrs. Howard C. Barrow Jr. and Vicki, Mr. and Mrs. Charles C. Willis and family. Mr. and Mrs. Frank J. Gonsalves, Mr. and Mrs. S. J. Rabon Jr. and children. Vcrna Jean Rabon, Mr. and Mrs. S. J. Rabon Sr. In memoriam: Capt. John B. and Mrs. Polly S. Wade. Family Protection Bartlesville, Okla. (AP) ? The Olson family really has close-to home police and fire protection. Tim is a fireman and twin bro ther Tom, a policeman. Make Spring Cleaning THOROUGH - V V 1 3h Don't forget rye attic anp the BASEMENT. fc. fiQVZ F.M'ERS, RuSSIifi ANO UTTER.... MAKE YOUR HOME completely f.ze-safe/ National Guard Units Use Cherry Point Rifle Range Pulling targets hi the "butts" at Cherry Paint's rifle range is Army Private Alton Willis, Harkers Island, lie is a member o( North Carolina's 690th National Guard that used the Marine's ride range for the yearly firing of their weapons. The targets are pulled down after the shooter shoots and the place that the bullet penetrated is marked on the target then the target is pushed back up. Cherry Point? The Marine Corps Air Station played host last week end to members of North Caro lina's 690th National Guard Bat talion as the citizen-soldiers util ized Cherry Point's rifle range for their yearly qualification on their combat weapons. The three batteries of the guard unit that participated in Cherry Point's hospitality came from Morchead City, New Bern and Snow Hill, where they hold their regular meetings and drills. Some of the 200 to 300 guards men that were guests of the Ma rines for the day live in such places as Markers Island, Pol locksville and Stcincrsburg. Those traveling farthest came from Snow Hill, the youngest bat tery in the battalion. "We have been with the 690th for two years," said 2nd Lieuten ant Herman McLawhorn, a spokes man for "A" Battery, "and are the smallest unit with only 75 men." All of the men in the battalion arc part-time soldiers and most of them hold civilian jobs during the day. The unit cxpects to return to Cherry Point in about three weeks to fire other weapons such as the carbine and the .45 pistol. This time they fired the Gurand, or as Marines call it, the M-l. Future firing will be for familiari zation and proficiency. April 1st starts a new F-C 3% interest period! ( Put your morwy to work e* Rr?t-CIHi*n?l All savings account de posits mod# on or b*for? April Sth tarn 3% int?'??t from April 1?t. Wl MVM fwilt t?)W (ft*!* MIMMI r.D.i.c. fck 1m tak * State Income Tax Facts ( Editor' ? Nate: Tkii b Ike l?U la > terlei W article* prepared ky the Committee aa State Taiattaa, Nartk Caraitaa Asaaclatiea a t Certi fied PakUc Accaaataa la, la ce-eperaliaa with the Nartk Caratoa De partmeat of Reveaue). North CartUaa Short Form Last year almost 330,000 North Carolina income taxpayers used the short form income tax return, according to the North Carolina Department of Revenue. The short form was authorized by the 1953 State Legislature and allows you to claim a deduction equal to 10 per cent of your total gross income instead of itemizing your contributions, medical ex penses, taxes, etc. If you use the short form, you will not be entitled to any other deduction including the deduction for non-taxable div idends. The North Carolina short form is generally equivalent for sal aried individuals to the Federal form 1040A because . of the stand ard deduction involved. Salary, dividends, or interest income in excess of $5,000 can be reported, however, on the North Carolina short form while the federal long form is required when the salary income exceeds $5,000 or other in come exceeds $100. On the North Carolina short form the standard deduction is limited to a maximum of $500. Unlike federal form 1040A, re mittance for the tax due must be sent in with the North Carolina short form in the same way that it would be sent with the North Carolina long form. If both husband and wife are required to file North Carolina re turns, then both must file on the same type of form. If both are eligible to file on the short form and one elects the short form, then both must file short form returns. If one elects to file on the long form, then both must file long form returns. If you are eligible to file the short form return, you should also compute your tax on the long form as well, in order that you may comparc the forms and choose the one which results in the greater tax saving to you. The comparison 1s particularly important if you have dividends from North Carolina corporations. On the long form you would be entitled to a deduction for all or a part of these dividends. Who Musi File Long Form? If you have income from sources other than wages, commissions, salaries, dividends, and interest, you must file the long form. In come from (1) an individually owned business, (2) a partnership, (3) rents, (4) the sale of real or personal property, (5) an annuity or (6) a trust or estate must all be reported on the long form re turn and deductions must be item ized. No Joint State Return Under North Carolina law a hus band and wife cannot file a joint return even if th?y have jointly earned income. Their income must be divided and each must file a separate return. Non-Resident Use of Short Form A non-resident is not permitted to use the short form and claim the standard deduction, as he may not claim any deductions other than those connected with income arising from sources within North Carolina and his allowable per sonal exemption. His personal de ductions must all be claimed on his return to his home state. Differences in Tax Law Actual cost involved for a teach er to attend summer school, up to a maximum of $250, may be deducted on the North Carolina income tax return although such deduction is allowed on the Fed eral return only if the summer school attendance ia required for eligibility to continue teaching. Income from a purchased an nuity to be reported for North Carolina purposes consists o < S per cent of the coat of the annuity. The Federal formula is not per mitted on the State return. The 3 per cent rule described above is applied on the North Caro lina return to retirement income if you contributed to the retire ment fund during your employ ment. Upon recovery of your in vestment in retirement payments, you must report the total amount received cach year as income. Under North Carolina law, there is no deduction for a "non business bad debt" although Federal law permits the deduction of a limited amount over a period of several years. Under existing North Carolina law the fair value of free board, lodging, and other subsistence (ex cept the rental value of a home furnished to a minister or quar ters for orphanage employees) must be reported as income. Fed eral law requires the reporting of the value of subsistence except un der certain circumstances when furnished for the convenience of your employer. If you operate a business and have a loss during the year, on the North Carolina return you may carry the net economic loss for ward and deduct it on your fol lowing year's return. If any part of the loss is still left, it may be carried forward one more year; it cannot be carried back to a prior year as can be done under the Federal law. If you sell stocks or bonds dur ing the year for a profit, the pro fit is reportable on your North Carolina income tax form. If you have a loss, your loss can be de ducted provided you have owned j the stocks or bonds for more than I one year. If you owned the stocks I or bonds for less than one year, | you may deduct any loss up to the extent of any profit that you have from the sale of stocks or bonds which you have also owned for less than one year. This is also true of transactions in commodity futures. This limi tation on security losses does not apply to other types of property. Sale of Personal Residence As pointed out in an earlier ar ticle in this series, there is a ma jor difference in federal and North Carolina law ta handling the profit from the sale of a personal resi dence For state purposes sny profit realised on the sale of your per sonal residence must be reported ii U0% tasahle income in the year of the transaction. Federal law al lows you to reinvest the proceed i o t the sale in another residence within a specified time without re porting the gain (or Federal taxa tion. Neither federal nor state Uw permits the deduction of any loss you may suffer on the sale of your personal residence. | Reference should be made to the instructions which are sent with the North Carolina income tax blanks. 11 you have any doubt about the deductibility of an item, you may get assistance from the local offices of the department, usually located in the county court; bouses, or from the Revenue De partment in Rslnigh Charter Oak BOURBON 7 YEARS OLD $410 $265 ? ?mr Clean-Up Fix-Up Paint-Up Week APRIL 1 THROUGH 6 EASY DOES IT! *ith QSS'derfm OSS-Co# i EASy on the eyes! On your interior wolfs and woodwork the Wall-Fix "decorator look" is soft, flat, worm, completely glare-free. And Wall-Fix comes in your choice of 105 of the world's loveliest colors! Pointing It yourself is no effort at all I Wall-Fix brushes or rolls on your wolls with magic ease . trouble-free, odorles% quick-drying, tool One-coat Wall-Fix paint combines all these features by the mokars of famous Gleem Paints Baltimore Paint & Color Works, Baltimore 30. Md. Colors Unlimited. Tailored to Taste ? SELF-PRIMING! ? SCRUBBABLE! ? ODORLESS! ? DRIES IN A FEW HOURS! TROUBLE-FREE . . . EVEN FOR BEGINNERS! > TRUE DECORATOR S FLAT ...NO SHINE OR GLARE! > HARD-WEARING ENAMELIZED FINISH! ? MATCHING SHADES IN SEMI-GLOSS! RUPERT E. WILLIS 912 Arendell St. HARDWARE Phone 6-4QU Morehead City ?** ?rt *?* pr? \ ?? f?o? th* " _fl K1 o" ? ? ?5 ||K< .. />??? Ml U(fati Racket* m Mir ? wm driving I Td, INre toM ? Socket EogiM before, j like this. They've ihnji M pep, hat Mi ????? gat tW mam pep ?hi jm ? umA hi m> D?'t hry I in !???). IMMDt To, bat yum can't Jml m? iy. Ml Feeli pretty good u the fhtUt, MM Bigbt! Bat it beau mm W? 70a jet mmj with ? bag ear Hkr Okk. Wt E? j. Far 1 1 iiiwag lenti. yoa ja?l ? ? n fc?l FRIINDt Bet that ?one. Hli Not I bit. IN ? tot regular Rocket petfaiaara right through the ramamj range. And litin Me, tiiat'i pW;. Hut if jnm ared wn power .i l .MM Then what? Ml Go to Stage Two. Ym jwat mm (hi that dM Gm it three- quarter* ihroule and jw'n fat lAras M earbaretora dishiag op more power and torque. FRIINDt Tell yon the truth, I've always liked aa OMa. Tboagbt we sight get owe ourealeaa a amt da J. , Hit Chewed the price lately? Yoa'd he ?>?prieed bow ear; it i* to awa. I
Carteret County News-Times (Morehead City, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
April 2, 1957, edition 1
12
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