davidaulloa/AmericanStories huggingface dataset:
Evening star., 1963-02-17
YOUR MONEYS WORTH
How to Save on axes
l0-Divorced Husbands and Wives
By SYLVIA PORTER


in connection with a divorce
last year, Mr.. Smith gave his
wife stock worth $4,000 in
exchange for which she gave
up her claim for support and
any other marital rights. As
sumo also that Mr.. Smith
had originally bought that
stock for only $4,000. Mr..
Smith now has to report and
pay tax on q $4,000 capital
gain just as he would have
to do II he had sold the stock
on the market for $50, 900 in
stead Of giving 1t to his wife
as a property settlement.
Example Offered
90 Or say under your lin
tied divorce, your former wife
Is given the right to live in
the house which was, and
continues under your State
law to be, owned by both Of
you in a legal form techni-
cally known as tenancy by
the entirety" Check with
your lawyer on whether this
is so. If 1t is. your divorce
decree well may require you,
the husband, to pay your
former wife a specified sum
to cover mortgage interest
and principal, property taxes
and insurance.
Until 1862, @ husband
treated the payment allo-
Gated for the property taxes
and insurance as an alimony
deduction, while the wife in
cluded 1t in income as all
mony and took q deduction
for paying the property taxes
If she itemized her personal
deductions. But the payment
to the wife covering mort
gage interest and principal,
was not alimony at all,
neither deductible by the
husband nor income to the
wife. The husband could de-
duct the mortgage interest
paments II he itemized his
personal deductions.
In 1862, the Treasury
changed the rule for the por-
ton Of the money allocable
TO property taxes and insur-
ance so that 1t is now treat
ed like the money allocable
for mortgage interest and
principal. It is not alimony
and the portion allocable to
property taxes may be de-
Quoted by you, the husband.
Evening star., 1963-02-17
New Arlington Bank
Charter Approved

"A charter for another new
area bank, the Commonwealth
National Bank Of Arlington,
has been approved by the Con-
troller Of the Currency.
The new institution will have
initial capital funds of SIS
million to be raised by sale OF
100, 900 shares Of $40 par stock
at SIS q share. From the pro-
ceeds, 81 million will go for
capital stock, 00,000 for sur
plus and 100000 for undivided
profits.
Offices will be in q building
now under construction at 370S
Columbia pike.
The organizing COMMITTEES
includes: John L. Scott
Springfield attorney: Joseph J
Mahoney. jr., and r. Marshall
Fitton, mortgage bankers;
Henry A. Florence and H. Har-
land Crowell, jr.. real estate
executives, and Maxwell Cas-
kie. jr.. Of Reynolds Aluminium
Evening star., 1963-02-17

II you are divorced or le-
gally separated, or II you are
planning a divorce, or legal
separation. check the follow
ing developments which oc-
cured in 1862. They may af-
feet your tax burden for bet
ter or for worse.
Cd Say you, as q husband,
paid your wife's lawyer for
giving her tax advice in con-
nection with your divorce
and property settlement In
1862. Last year, the Supreme
Court held that while you can
deduct the fees you paid to
your own lawyer for tax ad-
vice, you cannot deduct the
legal fees you paid to your
wife's lawyer.
90 Or say you're consid-
ering q divorce arrangement
under which you, the hus-
band, will turn over certain
property to your wife In re-
turn for her releasing you
from an obligation to sup
port her. This Is a common
agreement. In 1862, the Su-
preme Court made 1t more
costly in terms Of taxes for
you to enter into this type
Of divorce settlement, for 1t
held that II the property Is
worth more when given to the
wife than it originally cost
the husband. the husband
must pay a capital gains tax
on the difference.
For instance. assume that
Evening star., 1963-02-17

II you itemize your personal
deductions. II you, as a d.
vorced husband or divorced
wife, have been reporting
these payments In the past
under the old rule. check with
care to see that your 1862
returns properly treat the
portion Of the payment allo-
cable TO property taxes and
insurance under the changed
Treasury rule.
Another Illustration
a. Or say, under your d.
vorce your former wife is
given the right to live in the
house which is owned by both
of you In a legal form tech
nically known as tenants In
common" rather than as ten
ants by entirety. MANY cou-
Piles also own their home in
this particular legal form; 80
again. ask your lawyer
whether this applies to you.)
Now in this case. assume
your divorce decree orders
you, the husband. TO pay your
former wife an amount COW
ering mortgage interest and
principal and property insur-
ance and taxes.
Here Is the tax setup on
this now. One-half Of all
these payments Is alimony
included in the wife's income
and deductible by the hus-
band (aSsuming the pay.
ments are to continue for
more than 10 years or other
wise qualify as periodic pay
ments). On this half the
wife can deduct the portions
for interest and taxes II she
itemizes her personal deduc-
tions. The other half Of the
payments isn't alimony at
all, but the husband can de-
duct the portion Of this half
which Is for taxes and inter-
est II he itemizes his personal
deductions.
Tomorrow: Deductions for
an employees Offic ,-at-hOme.
Distributed, 1888, by the Hall Syndicate
Inc. All rights ressrvedJ
Evening star., 1963-02-17

Fred w. Brush. national pres
ident Of ALB, a special guest,
praised officers and faculty
members Of the chapter for
outstanding work in training
men and women for banking
careers.
Among the guests introduced
by Mr.. Vance we're: Chairman
Erie Cooke Of the Federal De-
posit Insurance Corp; Charles
N. Shepardson, member Of the
Federal Reserve Board, and
Clarence B. Redman, First
Deputy Controller Of the Cur
rency.
other guests included: Doug
las r, Smith, president Of the
District Bankers Association;
Clifford B. Beavers, member Of
the District w executive coun-
Gil Of the American Institute
Of Banking; J. Robert Sher-
wood. president Of Suburban
Trust Co.; Richard A. Norris,
chairman Of the District Clear
ing House Association and Rob-
ert v. Fleming, board chair
man Of Riggs National Bank.
Evening star., 1963-02-17
COTTON

NEW YORK. Feb, " tAP). Cotton
futures prices were firm, then weakened
and finally recovered 10 close The week
with smah gains
Active futurcS on the New York Cotton
Exchange were unchanged 10 bale
higher than week earlier, with NEARBY
March delivery the only month that
failed 10 post q rise. -. --.
Demand was influenced by better spot
values and the tight supply Of cotton
outside Government stocks. Other IN
fiuences included short covering.
Exports improved. aggreKating an est.
mated 1900 bales In the week ended
previous week and llSO0o on the same
week a year ago. For the year 20 far,
the New York Cotton Exchange Service
Bureau estimates exports Al ,DY 900
bales against 7Js7.ooo bales al the same
lS67 period.
Evening star., 1963-02-17
Silver Spring Branch
Awarded New Branch

The National Bank Of Mary
land, Silver Spring. has re-
ceived approval Of the Comp
troller Of the Currency to es-
tablish a new branch office in
the Glenmont Shopping Ar
cade in the heart Of North
Central Montgomery County, II
was announced by Frank L
Hewitt, chairman and presi-
dent.
The new branch will be To-
Gated at 12345 Georgia avenue
and is expected to be opened
next month.
Evening star., 1963-02-17
Rixon Eiectronics Gets
SI.911.568 Contract

Rixon Electronics, Inc, Of
Silver Spring, Md, has re-
ceived a contract award
amounting to $1,911,568 from
the Navy Bureau of Ships, it
was announced yesterday by
President James L. Hollis.
The award was the largest
single contract in Rixon's his
tory and raised the company's
current order backlog to $2.8
million.
Evening star., 1963-02-17
VEPCO to Spend
S8o Million in 1863

Directors of Virginia Electric
g. Power Co. have approved q
1868 construction budget Of $50
million, an increase of $l3.1
million from $75.9 million last
year, President A. H. Nc
Dowell, jr., announced yester-
day.
They also recommended to
stockholders a proposed 3-for-2
stock split. Stockholders will
vote on the plan April II and
If they approve. the split will
become effective at the close
April 26.
Evening star., 1963-02-17
Stouffer Foods Plans
D. {. Restaurant

Stouffer Foods Corp. will
open a 340-seat restaurant this
fall in the Investment Build
ing at Fifteenth and K streets
NV, adjacent to the Statler-
Hilton Hotel.
Plans for the national food
chains first restaurant In the
Washington area we're an
nounced jointly by Vernon
Stouffer. president Of the
chain, and Charles A. Gam
brill for the Investment Build
ing.
Stouffer Foods now has 40
restaurants in 10 major cities
and markets o retail line Of "a
frozen prepared foods in this
area.
Evening star., 1963-02-17
Avemco Firm Gets
United Motions Job

Aviation Employees Corp Of
Silver Spring, Md. will finance
and insure plane service for a
locust control project Of the
United Nations covering more
than 35 countries in Africa, the
Middle East and Asia, 1t was
announced yesterday.
Start Of the project was
signaled by departure Of four
specially equipped aircraft a
C-46, two Cessna 1905 and a
Piper Apache from Miami. Fla,
Evening star., 1963-02-17
COMMODITIES

NEW YORK. Feb. 10 lAP). The As'
tiles prices declined this week for the
third consecutive week.
Il dipped 10 1907 from l6oH last
week. II stood al l65.l7 q year aEo.
| Livestock reached new l9e2.J Low
and grains and cotton a new high. In.
duatriAla and nonferrOus metals we're
lower. Food and textiles we're higher.
Evening star., 1963-02-17
Woodward s Lothrop
Promotes 8 Executives,
Granger Heads Stores
BY DONALD b. HADLEY
star Financial Editor

Directors Of woodward & Lothrop Inc have approved
eight executive appointments including presden-stores
and seven assistant vice presidents it yesterday
by Robert E. L. Johnson. board chairman.
Walter r. Granger has become vice presden-stores and
will assume responsibility for all selling units
w. W. Everett r has been named president
Evening star., 1963-02-17

for Beirut. Lebanon. This was
the first Of a multiple-team
project contracted for by the
Food and Agricultural Organi-
zation Of the United Nations
with Politechnica Aerea, S.A.
of Madrid, Spain.
Evening star., 1963-02-17
AMERICAN WEEKLY SUMMARY
si.o:s, SsS:s High Low Las. CHG. Ss.

'' ' rs &1s' s s: onG G s!UHsi 1 3 5 Ss % %AsS%s SE' 5
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-09-19

will be held at 8 that night.
No announcement has been
made as to who will be Presi-
dent Kennedy's official host
ess.
Following the monarch's
luncheon for the President
October 2, he will receive
an honorary doctorate of
humane letters from George
town University. He also will
meet with President Ken
nedy for their second meet
ing. That evening, after
greeting the chiefs Of mis-
sion. he will be honored by
Ambassador Dinke at a
Shoreham Hotel reception.
Unlike other recent state
visits, his Washington stay
will spill over into half Of
another day, October 8. Meet
ings with press and State De-
partment officials are expect
ed to fill the morning, but
Secretary of State and Mrs.
Rusk will have a chance to
toast the progressive ruler
with a luncheon in the State
Department reception rooms.
y y \ 4
THE CHILEAN EMBASSY
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-09-19
Mr.. Dionne Says Daughters
Childhood Story Untrue

Why had the quints pub
lished the story?
Mostly they did it to get
it out in the OPEN" Mr..
Allard said. Sometimes when
you confess things you feel
better.
you wouldn't know my
wife now. She's not depressed.
Before everything was bottled
up"
Papa Dionne said he be-
lieved the girls were coaxed
into allowing the article.
II think the husbands
handle everything" he said.
II don't think they are al
lowed to write us a letter.
All we get is cards.
I'VE feel badly about this
article, but because Mrs.
Dionne and I believe the
privacy of the home is a
sacred thing and should not
be dragged out into the
public, we do not intend to
comment further"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-09-19

was warmed up last evening
by a lively group Of Embassy
officials and members Of
the Chilean community. Am
bassador and Mrs. Gutierrez
Olives gave a small recep-
ton to celebrate Chile's In
dependence Day.
The busy couple have their
biggest event of the week
ahead-Sunday nights in
augural Of Image of Chile"
The Ambassadors cultural
brainchild will be launched
at the State Departments
West Auditorium. Secretary
Of Labor Writ will intor-
duce the ancient music pro-
gram instead Of Secretary Of
State Rusk as was originally
announced.
The third invitational
event September 80 will
find Attorney General Rob-
ert Kennedy speaking. The
program will feature re-
nowned Chilean pianist
Claudio Arrau, who will fly
from an engagement in Ger
many just for the perform
ance. 1t will be held in the
same place.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-09-19

CALLANDER, Ontario,
Sept. 10 (AP) The father of
the Dionne quintuplets said
his famous daughters story
about a hard and unhappy
childhood is untrue.
There are two sides to
every story and Mrs. Dione
and I have ours" said Olivia
Dionne in an interview in
the rambling farmhouse the
family lived in before the
quints were born. The man
sion where the five sisters
grew up was sold in 1857,
and the parents moved back
to the homestead.
He expressed diSmay over
the publication of a maya
zine article in which the four
surviving sisters said:
1T was the saddest home
we ever knew" Mr.. Dionne
said "the magazine article is
full of untruths."
Can't Understand
II cannot understand why
the girls, who will be 80 next
May should after all these
years suddenly hold their
parents up to public ridicule
and dishonor," he said.
81 hate to think it was for
financial gain, but If it
wasn't for that, what was it?"
In their story, told to
writer James Brough and
published yesterday in Nc
Calls magazine, the girls
complained of hardshipS,
misery and rejection by their
parents and other brothers
and sisters.
"Our conscience is clear"
said Mr.. Dionne. Mrs. Dionne
and I may not have been the
best parents in the world and
we undoubtedly made many
mistakes, but we tried our
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-09-19

The State Departments
Protocol Office has some fast
footwork to do before the
October / arrival Of Eth
opian Emperor Halle Sc
lasSie.
The worlds longest ruling
monarch announced yester-
day morning that he's bring
ing his granddaughter, Prin-
cess Ruth, with him on his
state visit.
This will necessitate mas
sive changes in the nearly
firm schedule, not to men,
ton security and other prob
lens to be met.
The 25-year-old Princess,
for example, probably will be
given a luncheon in her
honor the first day when the
Emperor is honored at a
stag luncheon aboard the
yacht. Sequoia.
Biggest change, however,
may occur at the october 2
luncheon for President Ken
nedy. The Emperor's guests
will now include women, and
probably number near 100.
The spot chosen for this is a
Rockville, Maryland private
club, Woodmont Country
Club, a sylvan site which
charmed Ethiopian Ambassa-
dor Dinke when he was a
dinner guest there. The clubs
board Of directors issued a
special invitation to the
Emperor to use the club.
The Ambassador learned OF
the Princess visit from a
long distance call with the
Emperor. The England-edu-
Gated Princess is directress
of an Adds Ababa girls
school, the Menen School.
named for her late grand
mother, Empress Menen.
Backed League
She is the daughter OF
Princess Tenagne Work, only
surviving daughter OF the
Emperor. One son also sur
wives of the six children born
to the ruler. Princess Ruth's
biblical name actually is pro-
nounced "hi-root."
An articulate spokesman
for African unity, who boldly
and correctly predicted the
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-09-19
First Lady
Greet
Emperor
BY the Associated Press

First Lady Jacqueline Ken
nedy will m axe her first
official appearance since the
death of her third child
when she joins in ceremonial
greetings October 1 for EN-
peror Halle selassie Of Ethio-
pia.
Selassie is coming to the
United States for an official
state visit with President
Kennedy.
Mrs. Kennedy will be in
the official welcoming party
when the monarch arrives at
the White House, her press
secretary, Pamela Turnure,
said.
However, Mrs. Kennedy
will not attend the formal
State Dinner to be given in
his honor at the White
House that same night.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-09-19

Emperor to Bring
Princess Ruth
BY PAT sALToNsTALL


success of last Mays historic
conference of African ma
tons in the Ethiopian CAPT.
tai, the Emperor is also an
original hacker of the League
of Nations.
His passion for peace led
him to urge his own coun-
trymen to shun revenge
against the thousands of
Italian troops trapped in
Ethiopia following defeat of
Mussolini's occupation
forces.
The Emperor and his grand
daughter arrive at Union
Station at noon, with the
usual military honors and
parade with President Ken
nedy to follow. The White
House state dinner for him
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-09-19

best under very trying cir
cumstances."
The quintS spent their first
seven years in a special gov
eminent nursery at Callander,
but were returned to their
father after his long legal
battle with DR.. Allan Dafoe,
who had delivered them.
I'VE were transferred into
the big house like a con-
quered army, one group of
five, budding together as if
for protection against the
other six brothers and sis
ters." the magazine article
said.
They also said the epilepsy,
which killed one of the quints,
Emile, in 1854, was closely
guarded and thought of as a
shameful thing.
The surviving sisters are
Annette, Cecil and Marie, all
married and mothers, and
Yvonne, now in a convent.
Following the publications
appearance, Marie confirmed
the story as true, true, true"
Annette's husband, Garmain
Allard. said the article was
correct in every detail" Both
live In the suburbs of Mon
treal.
Set Record Straight
Mr.. Allard, a finance COM
pany manager and spokes-
man for the sisters, said they
were not trying to blame
anyone, but attempting Ito
set the record straight"
He said the arrangement
with the magazine, which in
cluded payment of a sub
stantial sum, included the
right to edit the article be-
fore publication.
Although many things"
were scratched out, he said.
"the truth remains, but not
the whole truth"
Evening star., 1963-01-23

baby-sitter. The lady next
door has a 2-year-old child
with whom / have sat many
times. I was asked to sit with
their baby from seven In the
morning until midnight on
Saturday because they in
tended to 60 out of town. ]
agreed and got up at $3.50 to
take the lob. At five Of seven
she called and said. I'VE de-
cided not to go so we don't
need you. Ha Has" I turned
down a date to our football
game and the big dance aft
erwards for this Job because
/ needed the money. Other
sitters have been cancelled
out at the last minute, too.
How would the lady like 1t If
the sitter called five minutes
before she was due to show
up and said, II Just got a
date and can't come. Ha
Ha"? What is your advice?
PLAIN ANGRY.
AnyOne'S plans can change
suddenly. However, II signals
are switched on you more
than once, refuse 10 sit for
the person who stood you up.
Il \ y y
DEAR ABBY: There is a
boy at school who asks the
Evening star., 1963-01-23
FAMOUS FABLES
BY E. Z. EDGAR

BOTTLES: Niels Bohr, the
late Danish physicist, was
more than q little absent
minded.
In 1943, Bohr fled Copen-
hagen when he learned that
the Nazis we're planning to
arrest him. Aside from his
wife and son, only one thing
concerned him before his de-
parture for Sweden-he must
not forget to take with him
the bottle of heavy water
which he kept In the re-
frigerator.
Bohr did not forget; he
took a bottle with him. But
when he arrived In Sweden,
he discovered that it was a
bottle Of beer.
APPEALING: Throughout
his political career. President
Kennedy has used his wit to
blunt the arrows of criticism.
writes william Manchester in
Portrait Of a President"
"A lawyer once wrote to
him that his racket-busting
brother would make q better
Chief Executive.
He replied. I have con-
suited Bobby about It, and
to my dismay, the idea ap-
peals to him."
Evening star., 1963-01-23

young Isl insist-beside the
point.
Had this fast talking
saleswoman allowed me Just
a few moments to pull my
self together, I should have
disposed of her as neatly as I
do door-to-door statesmen.
THIS is A POINT on
which my wife and / disa-
gree. She refuses to open the
door for anybody. (Some-
times even for me.) She just
yells through the glass,
What is it?" And no mat
ter what the answer, she
says. mot interested" and
returns with amazing lack Of
curiosity to whatever she
was doing before the chimes
sounded.
/ contend she misses a lot
of fun. Either of my tech
niques is much jollier. Some
times, when In a hurry, ! say,
mo spikka da English" The
salesman usually gives it one
more try and then goes away
with my ARRIVE derci" or
"Auf Wiecersehn" = depend
ing on my mood ringing IN
his ears.
When I have more time, I
cup a hand to an ear and
say; I'm sorry but / can't
hear you. What did you say?"
The last time I applied this
technique, the poor fellow
wound up shouting so loud
that every door and window
in the block had one or more
faces peering out to see who
was having a row. A motor
ist stopped to watch and q
woman walking her dog asked
if wanted her to call the
police. The salesman finally
went away, muttering over
his shoulder. He thought ]
didn't hear him, but I did,
He said -
But this is a family news
paper and I'd better not rea
peat it.
Evening star., 1963-01-23
DEAR ABBY

DEAR ABBY: I believe in
being a good neighbor, but I
think my husband has been
OVERRIDING the good neighbor
policy. For the last three
years our house has been In
a state Of being "remodeled."
We have holes in the floor.
unpaneled walls, untitled
floors, doorless and drawer
less cupboards. Our driveway
needs to be paved and our
faucets all leak. Yet my hus-
band finds time to build
fences for the neighbors, fix
their TV sets. spread con-
crete and what not. When he
isn't volunteering, they are
coming over and getting him.
/ am proud of my husband
because he is q handy man
to have around, but he's
never arou.ld.
WIFE.
The only reason a man
will knock himself out doing
odd jobs for the neighbOrs
when his own fence needs
mending Is quite simple. He
likes the thanks" they give
him.
DEAR ABBY: I am II and
am considered a reliable