Newspapers / Shelby Daily Star (Shelby, … / April 1, 1931, edition 1 / Page 8
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THE PARAGON SALE CONTINUES ALL THIS WEEK Wc say to those who are not taking advantage of THESE. th«‘ lowest prices ever offered in Shelby on furniture and home furnishings, you are making a great mis take. We urge you to come this week and share in these prices. We Must Close This Sale Satur day Night, April 4th and Move We could not m o v < this week, so we decided to continue sale through this week and give our good customers more time to buy at prices they’ve never bought at before. FIX UP YOUR HOME FOR EASTER You’ll find hundreds of odd pieces here you want and need as well as full suites. W e have moved lots of things from our warehouse to our display floors, so come this week and help yourself. THANK YOU THE PARAGON FURNITURE CO. Leaders For 15 Y ears. Make sure your cotton fertilizer contains al least Potash — lo — set more fruit reduce shedding increase turn-out improve lint control rust increase yields To increase the polasli in your fertilizer with every lou apply FOUNDS of Muriate of Potash jJLV. POTASH EXPORT MY., luu •J Jmimtdam. (folUiui Hu Hurt Bid*. itlanu, O'eorgta | Says Sales Tax Would Benefit Rich Corporations Of State Great Savin* In Ad Valorem Taxes On Property Seen In Enactment Of Sales Levy. (By J. C. BASKERVILL.i Raleigh.—The big corporate in terests in North Carolina—the rail roads, the power companies, the to bacco companies and big lumber companies that own hundreds ol thousands of acres of timber and waste lands—will be the ones who will profit most and hot the farm ers, the small home owners and the public generally, If the MacLean law Is carried out, the present revenue bill passed and a $9,000,000 gross sales tax imposed upon the people of j the state, This is the contention of the 51 members of the house who voted against the general sales tax and the 30 members of the senate who, as nearly as can be learned, are against the general sales tax In the senate. Nor Is this contention baf*d upon imaginary theories or fanciful flights of oratory, hut the figures' available to any who desire to us< 1 them and the claims of the Mac-1 Lean law and sales tax adherents, I The advocates of the MacLean! and gross sales tax plans—for the two cannot be separated without causing death to both—claim that If the McLean plan for full state support of the six months school term Is put into effect end the $13, 000,000 in taxes now on property for support of this term transferred to indirect taxes, with a $9,000,000 gross, sales tax on the people - that I property owners in this state will Ret an average reduction in ad Va lorem taxes of 40 cents on each $100 of assessed valuation. Great stress has been made from the start that the farmers of the state would get the greater portion of this relief. This is not a fact, 'rite figure* compiled by the state tax commis sion prove that it is not a fact. Only slightly more than one fourth of the state's annual tax bill of $62,500,000 U929 figures) paid by farmers, or only about $10,000,000 of this amount. For city property — much of it owned by corporations— jpaid $381500,000 of the total 1929 tax bill of $02,500,000, leaving only $24. 1000,000 in taxes paid on property outside of corporate limits, of which $8,000,000 was paid by corporations, leaving only $16,000,000 paid by the 231.000 farm owners in North Caio liua Tire principal railroads, power companies and tobacco companies in North Carolina will save $1,669,140 a year in what they are now pay ing in ad valorem faxes to the coun ties if the MacLean law is put into , effect with a gross sales tax, on the basis of the 40 cents reduction I which the MaeLean law’s friends say it will give. This does not take into consideration the ad valorem reduction these same corporations will receive from the road bill, the local government act. the tax lim itation act and other laws already enacted and which are estimated to bring about a tax reduction of not less than 30 cents on tire $100 of val uation. If this is taken into consid eration, these corporations will pay to the counties nearly $3,000,000 a year less than they are now paying, or $2,920,689, Yet the farmers, the working people, the mill workers, the poor tenants and people of lim ited means will be paying a sales lax of $9,000,000 a year to absorb this difference. Here are the present valuations of some of these principal corpora-j tions and what they would save: R Aitrondn Valuation YtUm.c Coast Line $ 56.195.601 Norfolk Southern 20,804.897 Seaboard Ait Lino ~J§, 771.632 Southern Ry „ . !>6 048.3.10 CHnchfield . ll.0'»3,440 Norfolk urtd Western ^4,363.804 $224 689,494 Po*fr Companies thi..e Power Co .33,567.890 Cairo. Pow A: Lt. . 31,080.317 Durham Pnb Svce. 1.498,24 r$ Titi©r*ter Pov Co. 3 100.000 Vu. r.’<H trie Co 2.000.000 40c Re duction $324,783 83.319 133.0815 380,395 44.374 13*438 $898,073 210.2721 120.7*1 ! a. 39 12.400 8.000 •VJ0.850.4o2 $383,4*3$ lobavfv Coaauaniea 40c Valuation Saflnjr K J. Refolds Co $71,733,931 $288,800 American Tob. Co 14.072.941 36,391 U$«ett-Myers 15.9O3.104 83.848 Total - M01 759 030 $407,030 Grand total oil $417.23 i 985 1,809,140 These figures show tliat these [ fitteen corporations alone would pay ! $407,036 less a year in taxes to the various counties in the state than they are now paying, on the basis of the reduction in the Mac-Lean plan alone, to say nothing of the 30 cents additional reduction they will get under the other tax reduction measures. For instance, the Norfolk and ADMINISTRATOR'S NOTICE. I Having qualified as administrator of the ! estate of B T. Brooks, deceased, this is to [notify ell persons having claims against the estate of said deceased to exhibit I them duly termed to the undersigned at Shelby. N c.. on or before the 31st dav of Mareh. 1933. or this notice will be Divided In bar of their recovery. All per .ons Indebted to said estate irill please uafci immediate payment. This 31st day of March. )»31 Z. 3 THOMPSON. Administrator of B. T. Broolur. Deceased. Joveoh C. Whlanant. Attv 6t Apr lc EXECUTRIX'S NOTICE. Not'c* la hereby given that I have th.s 1*5 qualified as executrix of the estate of Ub« Jane Cline, late of Cleveland county. ; North Carolina and all persons having I claims ayatnsj ih* said estate pill present «m« to me properly proven on or before the 30th day of March. 1931 or this notice j *11! be pleaded In bar of any recovers thereof Alt persons owing the Said estate I will please make Immediate settlement to the undersigned. This March 30th, 5931. BITng Cl.TNS, R-2. Lawndaie, Fveeutrl* of Jane Cline, deed. 4 - J( Southern railroad, in addition to raying $83,219 a year on its physical properties. also owns the Rosier Lumber company which in turn owns over 600,000 acres of land in fills State. The tax reduction In 1 tit land valued at a conservative t ;ti mate of 5120,000 at year, or a total reflUCUon of $203,219 a year Ot the Norfolk and Southern railway. But; the Norfolk and Southern and Rop er Lumber company are in fun owned by the American Tobacco, company, according to a atatcmeiy made in the seriate Friday by Sen- ! a tor Ward, of Craven. The Amor-! ican Tobacco company will hence save this $203,210 a year plus the $36,292 on its physica) properties, making a total savihg to the com pany of $259,511 a year less in tar. -: than it k now paying. MURRIES Mi 19 KILLED MSHO English Woman Weds German Avi ator Who Shot Husband Down. Berlin—The strange post-war ro mance of an English woman who married the German flying “ace" who shot down and killed her l.u band was revealed recently. Mrs. Gordon Duff widow of a highland officer in the British army was married to -.gifts Kommau dur Otto Von Kohettiohc at a regis try oftiee here early this month. She met him shortly after the close-of the war. at a watering place in Eu rope, where she had gone to recu perate from a long illness and grief over her husbands death. The German officer and Mrs. Dp it became friends and one moonlight night Commander Kohentohe asked her to marry him. They exchang’d confidences and Mrs Duff told him how her husband was killed in ac tion. ' One of your fellow.- brought him down over the Hindenburg line," she said. "You see, he had been an in fantry officer and had not long been with the Royal Alt Force.'' "But.'' said the agitated fiver. 1 ; always thought of him as a High lander. Your picture of him . . i in hfe kilts and - was hs Captain Duff, of the It A F?” ! They learned that he had shot i down her husband. They parted aud until last Christmas did not meet again They came together at the residence of an American con sular officer in Paris i Purchased Insurance Company. Durham, Mar. 37.—Officers pf the Home Security Life Insurance om pany announced the purchase of the Capital Life Insurance company of Raleigh. i Transfer of the Raleigh company' equipment to Durham was begun a!, once. The Capital company wall be operated as a separate unit, but un der the Home Security name. The Capital has over $3.ooonoo irucs trial insurance in force The Home Security compar... uni over $16,000,000 life insurance in force. The purchase price was not announced. STAR ADVS. PAYS Has Never Seen Equal Of Sargon “This new Saigon ouucame Uo.u ach trouble, indigestion and he.d. aches have been pulling me down for years." slated Mrs. Della Jack MRS. DELLA JACKSON cn, 1137 N. Blont St, Raleigh. "Im not nervous now and 1 don't know when I've enjoyed such sound sleej: Instead of feeling week and "fizzy through the dqy, I’m brimful of new strength and energy. Sargon i'Uit regulated my liver and bowels and achy, sluggish feeling Id suffered from for years. I’ve never seen a treatment that would equal the^e two marvelous medicines!” Sold In Shelby by Cleveland Drug Co., and in Kings Mountain by tha Summer Drug Co, j>ov YOU HAYE HEARD MUCH ABOUT YALUE —But there’s nothing like seeing value when you make your purchases for Easter. Here you can save money on everything you need. Our stores are crammed full of new Spring Merchandise for Men, Women and Children, Three more days to Easter. Let us prove to you that your Dollars will do double duty here at Campbell’s. I f Shopper Frocks Easter All the newest types and styles represented here in the stunning dresses— No need saying you can’t afford a new Coat this Easter. We have beautiful coats easily within reach of every purse. Your Easter Hat Is here to match that coat or dress at prices ranging from New Footwear We have just received several large assortments of Men’s, Wom en’s and Children’s Spring Shoes representing only newest styles and combinations. Just the styles you will like at prices you want to pay. The biggest lines of Men’s, Young Men’s and Boys’ suits ever car ried by this firm are now on display at lowest prices ever offered for similar merchandise. IN EVERY DEPARTMENT OF OUR LARGE STORES YOU WILL FIND MOST DESIRABLE EASTER MERCHANDISE AT UNBEAT ABLE PRICES. WE INVITE AND URGE YOU TO VISIT OUR STORES DURING THE REMAINING PRE-EASTER SHOPPING DAYS AND COMPARE OUR VALUES. Campbell Dept. Stores SHELBY —' LAWNDALE ‘EVERYTHING FOR EVERYBODY.” \ --——————
Shelby Daily Star (Shelby, N.C.)
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April 1, 1931, edition 1
8
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