oc-plain-dealer 1923-02-16

Friday, Feb. 16, 1923 THE ORANGE E. SCHUMACHER CO. OPENS LARGE REAL ESTATE QUARTERS Anaheim's phenomenal growth is indicated by the opening of the largest and most completely equipped reality firm in the county, headed by J. E. Schumaker. This company will handle everything in real estate. The office, which is located at 212 W. Center street is furnished throughout in mahogany and consists of nine divisions. Departmental organization is such as to afford completeness of service and efficiency. "Everything in Real Estate" ought to be the slogan of the company as it has a separate and distinct department for everything in the reality line. The departments are: House and Lot Department., Grove Dept., Ranch Dept., Northern Land Dept., Business Property and Business Dept., Northern and Eastern Property Exchange Dept., Loan and Insurance Dept., Rental and Collection Dept. Each department will be headed by a specialist in that particular branch. Mr. Schumaker will be general manager; Mr. W. C. Carle, assistant manager; Mr. R. E. Sargent, late of Providence, R. I., secretary. Mr. Schumaker is widely known here where he has spent 20 years here. He has had vast experience with groves and ranches in Orange and Kern Counties, in each of which he has large holdings. He organized the So. Cal. Fence Construction Co., now the greatest fencing concern in California. Later he was manager of the Anaheim Truck & Transfer Co., for a period. About one year ago he started the J. E. Schumaker Hay & Grain Co., for the purpose of selling the products of his San Joaquin Valley holdings. Now, as he is about to subdivide his northern lands into small ranches and sell them, he will dispose of his hay and grain business and confine his activities and attention to real estate. Mr. Schumacher has been successful in everything he has undertaken. He is very versatile, and a man of the utmost intergrity who has done much CAN'T SWIM, YET SAVES SE Officer Colan of the San Francisco Mounted Police ment's champion life savor yet he can't swim a stroke throw a rope as good as any buckaroo that ever rode the lots of Hollywood, and his horse is as well trained When swimmers are caught in the undertow or rough rides right in to the ocean, his horse being a strong he is close enough to throw his rope. In this way he has from drowning in the past five years. How To Figure Depreciation On Inco By Rex B. Goddell Collector of Internal Revenue Depreciation is that inevitable lessening in value which is inherent in any building, machine, or other fixed asset used in a business. Yes, there are a few precautions which thro have become more orized. They are: Mac cent; furniture and fif percent; autos and t KEEN HAT STORE ALREADY ENLARGED Nothing more definitely shows the growth of a town than necessarily enlarging its stores. The Keen Hat Store, 175 West Center, which is doing a larger business than anticipated three months ago when opened, is adding 15 feet floor space, installing four large clothing sections and two three-foot, full length mirrors that customers may see exactly how the garment looks to the other person. We respectfully suggest to the legislature that a tax on bandits would raise more revenue than a tax on gasoline. How To Figure Depreciation On Inco By Rex. B. Goddcell Collector of Internal Revenue Depreciation is that inevitable lesening in value which is inherent in any building, machine, or other fixed asset used in a business. It makes no difference how thorou and complete the repairs and replacements may be, the fact remains that the value and efficiency of such assets are gradually diminishing. Depreciation is caused by actual use in which tends to wear out. If a building or machine is allowed to remain unused or idle, age will cause depreciation. So bear in mind that depreciation is a most important item in computing your income tax. The factors to be considered in determining the amount of depreciation to be charged off are, first the original cost of the asset, including all expense incurred in connection with placing it in a position to return you rent or other value; second, the probability life of the asset which gives an idea as to what portion of cost should be charged off each year. California Square ANAHEIM'S FINEST SUB-DIVISION Entire tract, 56 lots, in beautiful Valencia. Located five blocks south of Valencia Hotel, between Lenson and Palm streets, one of the fastest growing residence sections in the city.—Lots are high and dry; the very best soil; the trees large and thrifty; restrictions reasonable; city improvements will be installed and paid for. Lots From $1,450 to $1,650 Terms 10% Down Balance $25.00 Per Month Including Interest G. H. Grefe & Co. 226 E. Center St. Aanheim Phone 14 Yes, there are a few precautions which throw have become more organized. They are: Maccent; furniture and fixtures; autos and vehicles per cent frame build percent; brick building percent; concrete and brick percent; concrete sings 1 percent. A Los Angeles tax a house and lot for value of the house e lot was $15,000; it was when he acquired it probability good for what depreciation may claim for 1922? The of this house being 20 claim 1-20 or 5 percent or a deduction of $71922 incone. No, he depreciation on his res his automobile, unless actually used in his bus A few days ago, am me that he had purc man see where he s profit of $4800 inst Now, you will all agree capital invested, or put but there is another consideration. He ha depreciation on that hou of $100.a year for 8 We assume then that ceived $800 in deprec time of the sale. I c him understand that turned to him in dep be deducted from the of the house, which lo be deducted from profit of $4800 on w pay tax. Plain Dealer Want A SPECIAL ISSUE VICTOR RECORD HITS Just received FEODOR CHALIAPIN'S Song of the Volga Boatmen All the world has been awaiting it—Victor Record 88663 SIX REMARKABLE FOX TROTS Bees Knees The Virginian Peggy Dear The Great White Way Orchestra Victor Record 19000 Ivy (Cling to Me) Paul Whiteman and His Orchestra I Love You Up Just Before You Threw Me Down Paul Whiteman and His Orchestra Victor Record 19002 Parade of the Wooden Soldiers Paul Whiteman Mister Gallagher and Mister Shean and His Orchestra Victor Record 19007 Standard fox trots, new musical tricks and remarkable feature records; so hard to choose you will want them all. THE BIG SONG HITS OF THE MOMENT Carolina in the Morning American Quartet Toot, Toot, Tootale, Goo'bye Billy Murray and Ed Smalle Victor Record 19008 Everybody's whistling them! WEBER'S MUSIC STORE 206 West Center Street Anaheim RECORD CROWD AT BIG TABERNACLE One of the biggest crowds of the season attended the tabernacle last night. The song services was the best of the meetings so far. Each person may have a song book, as there are plenty of them. Mr. Brotherton has a faculty of getting the audience and chorus to do their best in singing. A big delegation attended from Orange, headed by their minister, Harry J. Hill. Ine other ministers were present, among them were C. C. Root of Van Nuys and L. B. Meyers from Orange. Many people have marveled at the Bible knowledge of evangelist Vawter. He rarely read the evening lesson but quotes it, simply holding the Bible in his hand. Last night was "The Wedding Ceremony." Evangelist Vawter delt with his subject in an unique way. The text was Ephesians 5:22-33. At first reading it appeared that the wife was commanded to obey the husband in all things, but it was really seen that Paul was not speaking the relationship of husband and wife but of the relationship of Christ and his Church. And in this relationship absolute obedience is commanded. God commanded marriage and left us to regulate it; God has commanded us to accept Christ and has told us how to do it. To ignore the marriage ceremony is to be considered sinful but it is more sinful to ignore Christ's commands for obedience. To illustrate this Evangelist Vawter traced the courtship and marriage of a young couple he once married. He called them Bernard Jones and Alvira Smith. They kept company for twelve long years until finally one of them proposed but she was still Miss Smith. His folk was willing and her folk was willing but that did not make her Mrs. Jones. Bernard procured a license showing the state was willing but she was still Miss Smith. Bernard came to the parsonage and arranged the wedding with the minister but she remains Miss Smith. The day of the wedding came. The couple came to the parsonage and the wedding came. WALNUT GROWERS IN ANNUAL MEETING The Fifth Annual Walnut Growers Institute will be held in Puente this year, opening tomorrow morning at 10 o'clock, in the packing house. Growers from Orange-co and other southern counties will gather hear the splendid program which has been provided by the Farm Bureau Walnut department. A basket luncheon will be brought by the members, but hot coffee will be served free. The program follows: What We Are Up Against---Impressions from a world tour—Carlyle Thorpe, Gen. Mgr., California Walnut Growers Ass'n. What the Farm Bureau—Extension Service Means, and What it holds for the Walnut Grower—A. C. Hardison, president, Calif., Farm Bureau Federation. All-Together—Let's clean up the at the N. M. Durkee home last eve-to do it—and How to do it.)—Robt. W. Hodgaon, Farm Advisor Los Angeles-co. All About the Irrigation Problem—Dr. L. D. Batchelor, Citrus Experiment Station. How About Dehydration?—Prof. A. W. Christie, Division of Food Products, College of Agriculture. Let's Jazz Up Our Harvesting Methods—H. C. Sharp, Walnut Growers Ass'n. The Tree as the Unit of the Industry—W. B. Hooper, Extension Specialist in Walnut Culture. "Ebb Tide" Pearl Fisheries Stories Have you ever seen pearl divers at work? Comparatively few persons have. You may experience the next best thing when you see the operations of the pearl divers in "Ebb Tide" George Melford's latest Paramount production, which is now showing at the California Theater for a two-day run. Recitation On Income Tax Yes, there are a few rates of depreciation which through long use have become more or less standardized. They are: Machinery, 10 percent; furniture and fixtures 10 to 15 percent; autos and trucks 2 to 25 percent. THE ORANGE COUNTY PLAIN DEALER, 'ANAHEIM, CALIFORNIA' NET SAVES SEVEN Preciation On Income Tax Yes, there are a few rates of depreciation which through long use have become more or less standardized. They are: Machinery, 10 percent; furniture and fixtures 10 to 15 percent; autos and trucks, 2 to 25 percent; per cent frame buildings 3½ to 5 percent; brick buildings, 2½ to 3½ percent; concrete and wood buildings 2 percent; concrete and iron buildings 1 percent. A Los Angeles taxpayer in 1921 a house and lot for $20,000; the value of the house exclusive of the lot was $15,000; it was 5 years old when he acquired it and is in all probability good for 20 years yet. What depreciation may the taxpayer claim for 1922? The probable life of this house being 20 years, he may claim 1-20 or 5 percent of $15,000 or a deduction of $750.00 from his 1922 income. No, he may not claim depreciation on his residence, nor on his automobile, unless the latter is actually used in his business. A few days ago, a taxpayer told me that he had purchased in 1914 a lot and frame house for $5000, which he has rented ever since. The value of the house when purchased was $2500. In 1922, he sold it for $9000. One of the hardest things I ever tried to do was to make that man see where he should, return a profit of $4800 instead of $4000. Now, you will all agree $5000 is his capital invested, or purchase price; but there is another fact to be given consideration. He had charged depreciation on that house at the rate of $100 a year for 8 years, or $800. We assume then that he had received $800 in depreciation prior to time of the sale. I could not make him understand that this $800 returned to him in depreciation must be deducted from the original cost of the house, which leaves $4200 to be deducted from $9000, giving a profit of $4800 on which he must pay tax. Plain Dealer Want Ads Get Results Plain Dealer Want Ads Get Results "Ebb Tide" Pearl Fisheries Stories Have you ever seen pearl divers at work? Comparatively few persons have. You may experience the next best thing when you see the operations of the pearl divers in "Ebb Tide" George Melford's latest Paramount production, which is now showing at the California Theater for a two day's run. The scene of the operations is an island in the South Seas, controlled by the cruelest man in that part of the world. One may see the divers at work gathering the pearls, many of which are shown in the picture, and the possession of which involved not only one but several tragedies. "Ebb Tide," adapted from Robert Louis Stevenson and Lloyd Osbourne's story, is a gripping, thrilling and fascinating picture. It runs the gamut of human emotion, with the play of the strong passions predominating. Assuring it as a really big and worth while picture, "Ebb Tide" has one of the most impressive casts in screen history, featuring, as it does, Lilla Lee, James Kirkwood, Noah Beery, George Fawcett, Robert Hatton and Jacqueline Logan. A NEW SENSE "Bill," said a sailor, looking up from his writing, "do you spell 'sense' with a 'c' or an 's'?" That depends," replied his friend. "Do you refer to money or brains?" Why, what I want to say is, I ain't seem him sense."—Western Christian Advocate. KIDS' OWN THEATRE LONDON, Feb. 16.—A theater for children only has been opened here. Plays with an appeal to the child mind will be shown exclusively. Schneider's Market Ed. W. Schneider, Prop. 131 West Center Street Sugar Cured Bacon, half or whole...25c Swift Premium Skinned Hams half or Schneider's Market Ed. W. Schneider, Prop. 131 West Center Street Sugar Cured Bacon, half or whole...25c Swift Premium Skinned Hams, half or whole...31c Fancy Steer Beef Veal, Pork and Lamb Fish and Oysters Phone 20 We Deliver 131 W. Center St. Schneider's Market Ed. W. Schneider, Prop. Make Your Old Furniture Look Like New We do Upholstering, Repairing and Recovering of every description. We also make Furniture to Order 217 No. Los Angeles St. Phone 170-J Anaheim BEST See A. Bevillard Agent For The De Forest Line Anaheim Ignition Depot Established 1912 218 So, Los Angeles St. Phone 489 Anaheim Man's Origin IN THE Accompanied Was man created to die? Why do all grave? Have or do all the good go to wicked go to a place of torment? Is creator or a partial and unreasonable have taught us? Hear the above questions answered from bible. With a logical reasonable and so to why evil has been permitted for 6,044 clouds of wars and revolutions are three explanation of the various cables of bible be given. Showing that the bible stuck they fortold that a terrible time of trouble or Satans Empire would begin in 1914. from the bible that the overthrow of S followed by the establishment of Christians now living will never die. FREE LECTURE BY D. 3 rd Floor Odd Fellow's Bldg. Sunday, Feb. 18 All cordially Invited WERS MEETING Walnut Groweld in Puente arrow morning packing house. co and other gather hour which has been bureau Walnut chuncheon will ubbers, but hot free. Against—Imtour—Carlyle California Waltureau—Extendid What it grower—A. C. Mallif. Farm Buclean up the home last evedo it.)—Robt. Visor Los Anton Problem— Citrus Experiation?—Prof. of Food Proculture. Harvesting Walnut Growalt of the Interior Extension culture. 2000 PERFORMANCES OF MISSION PLAY Two thousand performances! This will be the record of the Mission Play at Old San Gabriel Washington's Birthday. It is the world's record. No other play in the history of the drama anywhere in the world has equalled it. There will be a huge crowd at San Gabriel on this historic occasion, and it will be something to remember. People from all parts of So. Calif. will motor to the old Mission town if only to be able to say that they were present at the performance which broke the world's record. The Mission Play is now in its twelfth year and is being attended by the largest audiences in its history. It grows more attractive and appealing with the passage of time, and it is more beautiful now in every way than it ever was before. ANNUAL REPORT OF S. A. IRRIGATION CO. The annual report of Secretary O. E. Mansur of the Santa Ana Irrigation Co. shows $197,741.3 received during the year of which $85,441.05 was formed sales of water and $32,716.04 from assessments. Disbursements of $28,500 were made for real estate, about 12 acres adjoining the reservoir and 20 acres on the Newport road. Water spread during the past season amounted to 76,000 acre feet or 1,900,000 miner's inches, enough to fill Bear Valley reservoir. NEW BOYS IN ANAHEIM Two boys arrived at the local sanitation Valentine day. One was born to Mr. and Mrs. Arthur O'Brien of Anaheim, and the other to Mr. and Mrs. D. E. Hungerford of La Habra. Bakery Specials FOR SATURDAY COFFEE CAKES Three Regular, 10 size...25c Two Regular, 15 size...25c Whipped Cream Puffs...10c National Bakery Three Regular, 10 size...25c Two Regular, 15 size...25c Whipped Cream Puffs...10c National Bakery At Chaffee New Store 231 E. Center St. Anaheim FROM KITCHENS TO THE KITCHEN 161 West Center Street Pure Lard Special Per Lb. 15c Puritans Skinned Hams Per Lb. 27c Van Camp Pork and Beans Small size, 3 for 25c Med. size, 2 for 25c Large size ...22c Big Reductions in all Canned Fruits For One Week No. 2½ size Standard Quality Peaches & Apricots 20c No. 2½ Plums...10c All high grade peaches, apri- SOAP SALE 13 Ben Hur Soap...65 1 Peets Washing Machine Soap...85 3 Cream Oil Soap...25 $1.25 All for $1.00 Demonstration of Gold Medal Salad Dressing For One Week No. 2½ size Standard Quality Peaches & Apricots 20c No. 2½ Plums...10c All high grade peaches, apricots, cherries pears all to go at cost. All for $1.00 Demonstration of Gold Medal Salad Dressing Call at our store and see our display of salads and receive a sample of this excellent dressing. A coast product — delicious and fresh. Small size ...15c Medium size ...30c Large size ...50c Man’s Origin and Destiny IN THE DIVINE PLAN Accompanied by an Illustrated short talk Questions answered from the word of God, theological reasonable and scriptural explanation as been permitted for 6,049 years, why the dark and revolutions are threatening the world. An various cables of bible chronology will also bring that the bible students were right when the terrible time of trouble, the end of the world would begin in 1914. It will also be shown off the overthrow of Satans dominion will be establishment of Christ's Kingdom and millions never die. ECTURE BY D. T. KENYON Old Fellows Bldg. 18 133 West Center St. 7:30 P.M. Invited No Collections