Evening star., 1938-09-10

branch at 500 Seventh street
Under the able leadership of Victor
r. Deyber, chairman Of the board, and
John A. Reilly, president. resources
and deposits have risen steadily and
the institution has played an impor-
tant part in Development of Capital
business.
Resources Set Record.
On June 30, the Second National
reported resources of $9,338,154, high
est in its history. This was an increase
OF more than 100000 above the
1884 figures Deposits on the same
date were also at record levels, with
total of So. .38s ,389, an increase of ST.
100000 over 1884.
Besides Deyber and Reilly other
senior officers and directors are: w.
M. Hannay, vice president j. E. Lob,
vice president; Jacob Scharf, executive
vice president; w, B. Wolf, secretary
to board and assistant trust officer; F.
S. Boyer, cashier; E. F. Colladay, coun-
sci and trust officer; directors, E. F.
Colloday, Frederick A. Hessick, F. w.
Mackenzie, w. R. Winslow. j. Dallas
Grady, A. H. Plugge, w. B. Wolf, w.
NJ Hannay and Jacob Scharf.
d. C. Tax Is Explained.
The Washington Service Bureau Of
the National Association of Credit
Men has compiled an interesting
series Of questions and answers re-
garding the District of Columbia busi-
ness privilege tax for the current issue
of Credit and Financial Management,
official magazine of the association.
The questions are among the more
common ones received by the bureau
from out-of- town firms. Their pub
lication should prove extremely help
full for companies whose products are
sold in Washington.
Among the questions and answers
listed are:
Cd We receive business from the
District as result of our mail and
advertising campaigns. We have no
District Office and no representative
calling in the District, but we do use
the telephone. mail and telegraph in
connection with our District business.
Are we subject to the license and tax
requirements?
A. Not unless you make deliveries
into the District in your own equip
ment or on c. o. d, orders.
(2) We have a service man" oper-
eting in the District Do his service
activities" nIessitate a license and
make us liable to the tax?
A. If the representative is purely a
service man and solicits no orders or
engages in no commercial activity
other than the performance of service
activities, no license is required and
there is no liability for the payment
Of tax.
License Is Required.
(3) Our District of Columbia "serv-
ice man." without solicitation, receives
orders for replacement parts, etc., and
occasionally for new units, which he
forwards to U.s. Does this make us
liable to the tax and license?
A. 1t is thought that the orders for
replacement parts, etc., or new units
result directly from commercial
activity in the District and. therefore,
q license would be required and the
gross receipts derived from such
orders should be reported and the tax
paid thereon.
~ Without personal solicitation we
sell to wholesalers in the District
they sell our products through their
statesmen to retailers in the District.
Are we liable for the tax?
A. If there is no solicitation or de-
livery within the District in the deliv-
cry equipment of the seller or on
c. o. d. orders, there would appear to
be no liability to obtain the license or
pay the tax 1t is immaterial whether
sales are made to wholesalers, retailers
or others. the sole \ question being
whether or not there has been any