The Grand Saline Sun (Grand Saline, Tex.), Vol. 60, No. 10, Ed. 1 Thursday, January 17, 1952 Page: 3 of 10
This newspaper is part of the collection entitled: Van Zandt County Area Newspaper Collection and was provided to The Portal to Texas History by the Van Zandt County Library.
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Those attending, church here on
Sunday included Mr. end Mr*. C.
L. Nations of Grand Saline, Mr.
tad Mrs. Jim Hale of Union
Springs, Vernon Borges of Fort
Sill, Okla., and Mm. Vernon Burges
of Mineola.
John Jordan, who has been ill
rtr over a year, died at his home
here Tuesday of last week and
was buried in the Sand Flat Come,
tery ’Wednesday.
Naomi (Burges spent several days
last week with her brother and
his Wife, Mr. and Mrs. Jerral Bur.
ges of Canton.
dealer and member of the Public
Affairs Committee of the National
Retail Lumber Dealers Association.
“Under the new law, the profit
realised from selling an existing
home which has been occupied by
the owner is not taxable provided
the entire selling price is reinvest-
ed in a new residence within on*
year," Mayfield explained.
“Until the now law Was enacted
by Congress, any profit received
from the sole of a heme waa sub-
ject to the capital gains tax, which
ranged as high as 25 and 50 per
cent, depending on how long the
owner had held title to the prop-
erty.
“The new tax provision is ex-
pected to encourage a number of
local families to purchase new
homes at the first opportunity,
whereas the prospect of having to
pay a substantial tax had previous-
ly discouraged many such trans-
actions, despite the additional com-
forts and conveniences which *
■ new home offers. ‘
“Inasmuch as the average older
house sold
~ Mrs. William Melton is visiting
her parents and other relatives in
Bonham this week. v v-v-
Mrs. Henry Kirby is on the nick
list this week.
Mr. and Mrs. Vernon Burgos
spent Saturday night with the
former’s parents, Mr. and Mrs. J.
M. Burges. •
office noted.
First , payments will be made in
March on the new dividends. Fu-
ture payments are planned to be
made as sooon after anniversary
100 lbs. $4.25
■IN RANGE CUBES
PER 100 lbs.
Calvin Tipps Awarded
Infantry Combat Badge
\ The combat infantryman’s badge
i for excellent performance of duty
' in Korea was recently awarded Pvt
| Calvin J. Tipps of Route 4, Grand
i Saline, who is now serving with
1 the 1st Cavalry Division, 5th Regi-
ment.
The badge is a symbol of the
front line fighting man and dia-
TERRT-CLIFFORD MOORB ,
Foot 344
Moots Bvtry First Friday Night
GRAND SALINE
v ~ ■"
,IS POINT. TEXAS
in recent years has
. brought up to twice its original
coat, many owners have had to
pay substantial taxes after selling
their homes.
“Losses incurred in the sale of
a home still are not deductible id
itQAAl FOR BSI WITR T0BR
VIIW-MASTIR STIRK0SC0PI
1 flash light hater Soft. Built of shod
’’ resistant plastic to match View
owi». v;„w thr«* dimen- Master. Can be mounted on trjpol
sion*picture» more with a genuine V‘*"
View-Master Light Attachment. Master fot View-Master.
Provides color-matched illumirs- VIWMIMT1I ITIWOKFi
tion of proper brilliance tor ideal Hf
viewing of View-Master pictures. —«h _
Convenient, handy, simple to op- ,
crate, easy to attach to Stereo-
scope. Uses low-cost, long-life
X-Roy Diagnosis
computing income taxes, but few
owners have taken a loss on the
strong market which has prevailed
in the last few years."
Mrs. Fern Burch had as her
week-end guests Mrs. Mattie Smith
of Tyler, Mr. and Mrs. Larry
Smith and family of Longview, Mr.
and Mrs. R. L. Adams of 'Dallas,
and two neicea and their families,
Mr. and Mrs. Clint Chatman of
Forney, and Mr. and Mrs. Henry
Peck and family of Tyler.
■■ i 11 iiuiaw I
Bilf Fail has returned to Austin
for school after spending the holi-
days at home.
•) MINEOLA
Yonw for easier living 1 Wakes
WORLD'S MOST POWiWUl
CLOCK-RADIO I
Has an extra tube to bring
features described ^tave.
SSi&RSBie*S3 .
iff# *,v*l
aiiill AND
AmMM
NOW AVAILABLE
nrm a m
liukt
Iiiy Pnuiorfiil
r|flaD 1 mEwWmPR IIUIIr
4|r 9
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Harle, Neil. The Grand Saline Sun (Grand Saline, Tex.), Vol. 60, No. 10, Ed. 1 Thursday, January 17, 1952, newspaper, January 17, 1952; Grand Saline, Texas. (https://texashistory.unt.edu/ark:/67531/metapth1017086/m1/3/?q=divorce: accessed July 16, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting Van Zandt County Library.