Block · one region of the page, as the scanner read it. It may hold a whole story, part of one, several, or an advertisement; stitching blocks into articles is the next step. Text is supplied OCR.
Page 2 · column 2 of 6 · from the scan, no model involved
individual investors in stock of small businesses could take an > ordinary* loss deduction for losses on the stock up to a limit of*$25(000 in any one year if $50,000t!hn a joint return). This inducement* to investment in small business T^ould' be available pnjy to the original purchaser of st^ck from the corporation and only to individuals. It would apply to stock issued after June 30, 1958. . 4. Estate-taxes based on inter.ests in closely-held business, such as proprietorships, partnership and family corporations, could be paid! in installments over a tefc> year period, with interest at 4 per cent a year.
The minimum credit provided in determining the special surtax on accumulated earnings would be increased from $60,000 to $100,0OQ.
Washington News
Magruder Keyser of Leesbursf spent the weeknd with Mrs. Wifi Keyser and Joe Keyser.
Jessie Richards and Mrs. Bertha Brock who is nursing Mr. Rigkarift were Wednesday even
61.3%