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Show ; 4 LOGAN r.vcE six Young Matron Of Preston Dies I'iil Sl(l Fi Auiaa v ii ot tM' iji a - IM ) 1 M r ' ' w i.' ut "n l.i Ms E (u It lli I. ,! 1 t S Jit 'ton ,i " I ( Mij if n v I.il o it i ,11". P Mt i lop n U mu lih.'iii i u li v lioo v ill In u i t n uU s in inn u ho o h Larol offn M w i "i s f hoiiiti on thf In IK )pu! ( f no h o huul il uul k i i will onini ml uk ii 1.1- i I:. a .t f ll s .1 L m iv 4n V , tl 11 In a i n,o - i h .i. ,u fM llll' IP lf o ti Our County 3 o ai Ii alio u inn o Recorder ' in hi j. i l,i Li ok oil - n l i .of hi i jf i iiM u Ii i I'' i( (i , ( pi , , .Hit . a in soin. v. .v ..f i .. 44 .. l,i- install t. h indeed a pleasure for those 'P'"" 1111,11 ' ' 1,1 ''H"r"v'nrs M ze,.s of Cache county who have business to transact in the Recor "l" ' 1,1 h" i:" h h,nl """1" ge-'- s off.ee to go there, due to tee QU.et, courteous manner m Witt .ol n in unit pa--the s H one " y rich Mrs. Larsen handles them .1, mmit p gusmec WEAR BADGE t 1. It is a, 4 Larsen is entitled to and purely wilt receive at the hands of tec voters of Cache county a sec . dnd term as County Reco-der- j (Pd. Political Advt ) ! oi l v, hi Mdiigl an iiuili HI on Tm m!.i and i -- ht ,i m J u t .ilimi fh AitiUniau vim im nM I HI OU for d UR ml ix tlus Ik mi sm mill ,il d.'i m. but i iot is ai iv tiridlh IhmiImI foi J SupnitMidMit was a isitoi at tin or Is on Mm Monda W if V KirkbiicU! Ninth Hopan v sra'lson MnKhts V V, of Nsman and '' KpmP "as vlpi Jf!in dutlnK th.- - past week, the nf Mr and Mrs. Bnpham BAND he h . pi.tdt" schools resassembled Mondav after two weeks heel va ation eai a sp.tial po Ii, e h,.l., nil t 1. ir left hi.'i.st and pmli.hli an a tnh.uul on the e mlwav Ii, lue, a the elt.ow ,IMI v, ill In xiie speed of light and eleitnc ,ty ta approximately the same- lSfi.liOO tnile a second. u ndi ,iml - o dll' in and v on i' i ii ,i it. j in m hill b i, ,l.i oil d.d In' i S los u mu II w i to i U a .m o' ta.K .til Be Shown Nov. 24 I. Im. "The Mar. h of a thiite.l In the fops Business ..ftp la! puhhi atuei of l he f S riiamher nl Commeife. s' will he tet a ispl Monda. 14 e( at the I A tic a, N If u i .. ' ,, - m; d IhliO loiu dill .1 (Udl rN m fj, tl ipln di'(i ln m KJiii town of Xuirn. i )' thuy Jims ag o mm o: Kox Hfdilis i Id.s b M, t i tMm La t t m , h ollabo iMmld Span i 1 o t rang, meats tor this showing n made In the tetail nut i hunt-- , lommit'ee ot the tl.amher will he lire of and the slum i i i i- l Ml talk Ma 'i (up trial t . otu 3 d o I'M ' loll ii liu - a Lon, n I'1 Id s w ill i i i m id pi ts an im i ti Madl 111 i out w m lb il ( as tmi-- 'i liol '!- ot - i hv.tMil n r f.it (a'htiin n.u.i t thm ill id. .11. fit ILYMS Sim Man. - - 7 nr. ; f-- I S .3 ' A 4.-- in - " .. 1' dl.I.iU 44 p 'M liiiniiii'.l via- - tlu laaesl itu.n o' nunthet 11 r lak. o' a 'Ins sort s tit e tin luhellt of so ind Hut., t lo-- fi '.44 a of the Today, klan 5 .v it A T.es., Wed., Thurs. E1C DAYS . Youd Better Stick With LV Me, Big Boy! l nt.i ir'.I ll u .1 tii.t 1, s i I ! 1 .I t u,"iun ,r land 'i. id's Bc.ii t f t, f v ( mj'vi.i h u 1 Mm.! - stu! nold-nisl- 1 .m - Mon. - Tut. - JZamonNOVARRO -- - Also Screen Song Bouncing Ball And Pathe News (. DOROTHY JORDAN lOTTia HOWELL A ho ('onit'dx 111 And . Wc.XtiMt r : A 111 . das lose! n le 'ii.j'pinn Hit- - ! FACTO A1OT Since the publication of our last article, we have discovered that our report on the taxes paid by the merchandising corporation whose tax figures were compared to those of the bank did not include two parcels of real estate assessed elsewhere on the records and upon which tax of $209.60 was paid in 1928 and $253.13 in 1929, thus bringing the total tax paid in Utah in 1928 to $1600.67 instead of $1301.97, and in 929 to $ 904.24 instead of $1651.11. The effect of the comparison, however, remains substantially the same and equally effective, with the merchandising corporation paying less than the amount paid by the bank in question in 928, and slightly more than the f amount paid or contributed by the bank in question in 929, after the invalidity of the tax on the capital stock or intangible property of the banks was established. one-fourt- 1 h 1 for in it ic tin ills tl ra! one-hal- ible assets, which have been taxable under the constitution of the state of Utah but not taxed in practice when held by others, but assets expressly ex empt from taxation under the constitution have been taken into account in arriving at the tax payable on their capital stock. By the nature of their business, the assets of banks are in large measure of the class known as 1. 2. The 3 3 1 banks in the past have been singled out from other taxpayers and required to pay taxes on the intangible assets at the lull rate, while the same assets in the hands of otlv-- r corporations or individuals have gone untaxed. The banks of Cache County paid when dise in 1929, the taxes upon their real estate in full, amounting to $10,335.75, or 36J i per cent of the total taxes leied against them, notwithstanding reports to the contrary, and in addition they subsequently paid an additional amount, equal to 35 percent of the tax illegally assessed against their intangible property, bringing the total amount paid to 60 per cent of the tax paid in the aggregate by them in 1928. 1 J n EDmtionnTi production Gary Cooper G Qaramount Qidure 3. Banks have not only been taxed on intang- - T before the tax suit, and in 1929 after the tax on the capital stock of banks or their intangible property had been invalidated as unjust and discriminatory by the court, the banks of Cache County paid, in 1928, total taxes amounting to $27,728.14. In each year they paid and in 1929, $16,379.51. 00 per cent of the tax assessed against their real estate or tangible property, like every other corporate or individual taxpayer, the difference of approximately 40 per cent in the total tax paid in the two in 1928, 1 4. The inequality and discrimination in the assessment of bank shares as against the intangible assets of competing companies and taxpayers generally, was pointed out in the formal findings of the Tax Revision Commission of the State of Utah, the State Tax Commission in 1925, and the State Board of Equalization; protested over a period of years by the banks before the legislature, and finally formally protested to the various county commissions of the State, including Cache County, in June 1929, before the tax levies were made. After examining the legality of the assessment and getting a preponderance of legal opinion on the outcome of the proposed suit, twenty-threcounties of the state settled on a compromise of 35 per cent of the tax levied against the capital stock or intangible property of the banks, exclusive of the tax on their real or tangible property which was paid and not contested. The amount of the compromise was 5. e 4 u fflUESYEKI 1 4 I n cir-li.in- e CORRECTION 1 il and F or the benefit of those who have not read the detailed statement on the history and present status of the bank tax question, there is given below a summary of the four installments of this statement appearing in this space in the issues of the paper on October 20, 21, 23, 26, and 30, respectively. Your attention is respectfully called to the data appearing in these previous statements to support the following summary, and you are invited to call on your banker for further details and to get from him a pamphlet embracing the entire article. I -- of the tammis Uaskan THEPOIUEIS ll t'd. IN GAY MADRID'- 3,1 n ol tlandcv hltdill'i'S MX BEACH'S Betty it In-ma- i lus ti- A ! I. "O Y YOUR HACK' Sint. SCREEN i Grand Theatre lor this Best Sound in the State SILVER.: Hu A'i..-.- ka. an Mni o. Md to ainn-- i CAPITOL uri1 - iiiuraiii fin !. ' 111 V 'm f IRENE, RICH and II. B. WARNI R At the Grand M f. 'la.' - Ma II cd. - r :.i u n .s ;i.r.4.t w!yf cat d -- 1 Mv:.t ot I h al1 talking pi mint turn of ii.1 wlinfi its fust In Um a wigagMnMit Uiaml at M S lUldV a p ibf Sup HtiHg Jhin ( ln ii. . i v: St jt Oxnaid Snad Paula. isdtao ami a ii - i piod g in'i-- W iu to i i is at ti,. lit pldwr- - Mom n . a a nu Britain m Boiut - a tmeoii ml it la oi. u d Mus'ca Featur es Stressed 11- 1- harpe The lilm Hiatts lilu k lit the ls'Ki to 1900 decade and then comes in to the ptesenl with a hang, fori th Iv lulling afenlion to the main tl at shott Manges spine or It shows how impossible it time would h. to nansatt business 01 live at present the 1utn it.anm and customs . W ta.w i!iu i I.m in Bom tin ili.o no i i . . 11 . u'i,r.i E'n Id hi a have bet 'mi CARD OF THANKS - M i Aim tuber Jt. at l' m At ( i Kri. Juhii'.uu H n ('u.i.i'- - im 1111 l H.iM4 Ii;..lain - it:. l i: ...n v 1'. ls;rk44ool. of . - !' 'll.'! 44 ft III. Ill In addition to the db' ixtia and plifi idkon fiom Hoilvwood Ki bhti (diwn (ompdiiv rncrtntod . ;"'.'-i- . mi i p aud n. bn b" K MM tll Md m t mho ). i To -- m ad ititi,m l.isvu m in- K 0 h hi ,di gi , a h is OUP no Business-Fil- V is i loioi'i (. r i ill S( Ld b i )w o, d r i ! J, i j 11 Ud.nl- ,t M d . . ii Cif ion v Ilo.. H t A t i'i'.u w hv Pard.iiouni r at io m a "T! ' toi i Mn Ml ib i' t lud i!j i, In a pit ol ( un 1 v, d iini'i f wr,j 9 si Alaska in M.oli n! dv nii w .i- -t n id M nil- - Itogie-- a L w I. , ' h will t. i n,iiiiiii. it M Pv in in i t. alii iImii, Mm a p L f . i il w NnVrin il io" am In 0 h n i , Lit at lr . - fi, . i P Pond il -- di .i'i !, v id '.'.ul 4. Pm Wanda I.auriizfn anri tin) fl. ii, ..Hi'mlcd a birthday dinner In lii.noi ot Miss Until Holmgren at Jl.at Kiicr City nil Sunday I. K Wilhelm shipped a oar 'n.td of r',"1"s ,rom h,s nr' l,ard '1 , was Mis tltip i n :v . dun o b U .jit t O! f d niMldl M O r M nhd bn im sv j ), ,m m. ' id)' d h ul t bo,tt o o on ti - o vs ii t II IO .,d Mil visn Hmuiii on Thursday and at the Cvnthia vjD.jia! a B nson ,anir. m Ol s Mi ami Mrs Ml .11 i (M M li M . s df t i L I c :i s Hum ..ml Miiiuldei mas f 11 ARM fAajji:affl.VliiKy3raacasAkjaE.vageti-aga'!- j n John tint 'm Miun ' 5 Mrs. m 'I wa p In iH'iiii'ii ill 011K ' fiig t ilu ,t , ) th pals Molll t i on ptain MJ. ui') In,., uni's M1 u,, , p.li t. (,uliiiiil , , . m id o pi. i ul) to h ii ' i m: mi b m l in m m id ...I n mu Mi of .111 ii) on jin, i,,' k iiii on li (mb - lull Ol liol llll'llHl ,t v tf n i.id n iu Ml H. h oh m.I ai mil lo m. p n! i with )M ' ' t bo and .nls li ' oil in M . If U nu o n i H W Mi1' i, ' j ho has In mi ill o inij .o oiling t ii hi - n ,i 'I i ;rib - i . wn-- r o n h blood tin h Cf-o- i SA u W m CURB ON jl'hfied the twenty mrec bundled Majority votes which s' cbta ned lour years ago $ In the conducting and manage Wient of her office she ms stayed feel! within that pait of the county budget pertaining to her office At fcbe came time rhe has added irti jf.ovemcnts wh.c'i have .e.l.cedj the expenses of running he. off'ce te the minimum. In m a! H OFFICERS During the pa t four ea period yuit Mrs Rhea R Larsen lm 'erv ftd he frst te m as County Rec ji a of Cache County, si c has fully din! tot iih 't. m 1)1- i - John "If il 1. i .T ti In L ill .1' North Logan ' poi :n iii. ot i '1 ,3 i olu Ln- if Mi t ii i. u u t oil: o n Mu l! O - i m h g in nu fib M H l (I ( 15 i a I M mm r ik I H n ' At the Capitol bodlfl d b d, Ilf Ms Nm hf a I 'P ' f ; THEATERS HEAR REPORTS (Continued From Page 1) 'if In. . M 1 ni t n ; COPS u i' I" n m f,HJ Hi To tyo m M I M H M ' .' i t mm ' o' ii v At The SCOUIERS TO IIERCS MORE ABOUT JUNIOR HERALD. SUNDAY, NoV. CACHE VALLEY DAILY (U,UAH) based upon the heaviest tax, which qualified experts before the Tax Commission said could be imposed upon the banks by any system of taxation which would equitably distribute the tax burden of the State.. Cache and Weber counties, however, refused to compromise, and the cases arising in these two counties were tried and decided in favor of the banks in January, 1930. Cache County announced its intention to appeal from the decision, but finally dropped the appeal and accepted a contribution of 35 per cent of that part of the tax assessed against the banks, which had been declared invalid by the court. 6. As indicated by detailed figures given on the taxes paid by the individual banks of Cache County years being accounted for bv the reduced amount of taxes paid in 1929 on their intangible property. The banks did not, and have not, refused to pay the taxes legally and justly assessed against them. 7. The earning power of banks in general is not out of line with that of other solvent business carrying with it a comparable degree of responsibility and trust. A consistent earning is essential to the sound operation of a bank, and the protection of its depositors. This fact will be attested by the 288 local stockholders of the banks of Cache County, and by the former stockholders of banks which have, been liquidated. A fair comparison will show that the banks have been assessed at a discriminatory rate, as against other businesses of comparable net worth and earnings in ail lines, and even under the existing temporary arrangements are paying taxes at a greater rate than other business enter prises. The banks of Cache County are concerned with the just redistribution of the tax load, which will give relief to those taxpayers, who, like themselves, have been overburdened. They are confident of the justice of their stand against discrimination, which was carefully considered and approved by the 55 local directors of the banks of Cache County many of them farmers and merchants and all interested in the development of Cache County. Under the circumstances, the banks have not felt that it would be consistent with the public interest for them to engage in a battle of with political 8. mud-slingin- g opportunists who profit personally by such agitation. Thanks is due to the people of Cache County for their indulgence and consideration in connection with the publication of the lengthy statement which has been necessary to present ail details pertaining to a subject which has been as grossly misrepreented as the bank tax question. The many comments and reassuring stateof the people of Cache ments coming to us voluntarily from the public during the publication of this ser.ie s of articles fully justifies our faith in the been has the to of articles the of soundness the these facts. of in and when conclusions their promote good will and Obviously, possession purpose County, the that trust aim has at least in some meaof wherever this question for political purposes, and we it has been shaken in any degree by the agitation confidence sure been realized. fair-mindedne- ss CACHE VALLEY CLEARING I30USE AOSGCIATIOW aarats asm : |