Every evening, Wilmington daily commercial., 1921-12-24
GOVERNMENT NAY
CLAIM PORTION OF
F|REMEN'S CASH
Washington to Decide Whether
u il Subject to Corpora
ton Tax.
FUNDS BEING DISTRIBUTED

Now that the twciv, former vol
untecf nre companies pav. received
ihe sums dns them IRON, tho ctv Cor
The houses enginea au,l equipment
inhrn over for uso in The pnid de-
rsrtmsnh aud most or these com
members the pro rata share due each.
rsnlcH have Nlycn thcit individual
memhcrs the pro rata share due each
The former nrcmcn ~ Individuals ana
- companies were considerably
shcclsca today when thcJ learned that
he United states government in all
nrohahili', viii demand d, share OF the
vash distributed Yesterday.
The volunteer nrc c,snpanics arc
corporations and tho money paid
hem o. such, II clssaoL ns corpora.
ton invomc under the federal reAe-
Nnn laws. Whether thrso corpora-
'lons viii have to pay nv corporation
"a rcuulrco undcr the act Of Con.
Nf"Hs " now pending. When inquiry
~aN msds NJ tho ollice IA Collector Of
Internal Revenue n. r. Graham today
u was stated that his orwe had taken
up the matter with waNhvgton and
they vcrn waiting FOR Ndvicc. from,
there on the subject.
The individual share received by
each fireman, q II ssid, nlso may be-
subjected % the incomN tax. This.
too, the rcvenuc office stalled. has been
referred Go the Washinskon oric. for
= decision. However tie individual
smounta Il Vas pointed dot. would he
subject 90 tho rulcs oil exemption.
where married aud sirg1c mems IN
u''Nc~ do not .sccNd specified
amounts Altogether tha rrcmcn are
snNious for definite inforubstion on the
subject, for rracticalivl ell OF tho
companies hrVc made their distrlhu,
subject 90 the corporation tax u Is a
tion snd N The event tho money is
subject 60 the corporatlon tax A = I,
question now where tha tax would
come from.
tn. nclsvar. Fire Cd last night
distributed th, sa.1,s Il received yes
,eruay from tho city. There appears
20 have been o mlsumderstanding
about the restraining or,icr granted
~ the chsncclior'or a few days ago iu
connection with the payment ~ tho
indiNiduai shares 20 the members in
connection with tho suit William
Maxim and John Green have brought
20 rescstahllsh their former status az
members ~ that company,
Thi. restraining order prohibited
she company from giving cut the mon
sN represented by the shares OF these
no men only. IN other words ihcr,
are now "a members In the company
WITH Green and Eatin included there
would he 40. Tho cash received by ths
uomrsny was divided into 40 eous
shares. or aeou, sa3s Cor each member
There was nothing I'm the court oroe,
ltohihitlnE the company issuing q
- th~se rha res. but ~ was restrained
from giving out tvo-fortfeths of tn,
sAh. These So shares were distri
tnicd iart night. In the event Greer
and Iakin are rcinstatcd they vii
set the two shares held up for them
" they arc not sustained by the cour
fhcso two shares viii be divided int
IS equal parts and distributed anlons
The ~ members.
Tho ,s~ods for the ten nro housc
taken over by the Directors OF IN,
Department OF Public Safety. an,
which were held An escrow by IN,
Equitable Trust Co. pending the pay
ment Of the money involved have beer
delivered 20 tho city nov that tn
hrc companies have their money. Thil
was the agreement under which th'
honcs were taken by the safety al
fecsors.
Many Of the firemon who got thei
share of the $4,000 put out by tn,
safety directors yesterday in pay
mcnt Tor tho volunteer companies
properties and equipment were bus,
his morning spending = goodly por
ion or u for necessary supplies. Man,
uf the men were depending on thii
ash 10 mako their Christmas a mcrr,
ono and they proceeded 10 provid,
'hcnscivc- With all the neccssaria
which their families had been sn,ici
rnunt.