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SECRETARY LIKES THE RODEO ' VV : ' v m V U4 it *Ä> à ; t ii. Up? -i. < ■S< !» mmm l . ). Si- fvi . ISÉ&É : p / yi;. < |td V ■ ' :* I Jfc.- V' S- ***W3^A » ç . ■ Î : !Î ■ V" > .üBsÂi—'àuiL'sjw«.*. i ïiiàirtÉ iiAa&aaaiSi tUMka.. ai In the West he's "Bill." But In official Washington he'* William Marion Jardine, secretary of agriculture, a member of President Coolldge's official "family." Secretary Jardine has been Invited to attend the Chicago Roundup and World s Championship Rodeo, to be held for nine days, beginning August IS. Those who know him say that he will be on hand for this greatest of all cowboy contests, as Secretary Jardine has not lost the spirit of the West where, years ago, he rode the range and punched cattle with the best •f them. Back In Idaho they like to tell how the secretary of agriculture busted bronchos and threw a rope. They're proud of their "Bill" and they're willing to wager that he could ride Into the nrena at the Chicago Rodeo and make gome of the expert cowhands hustle for honors. The competitions will be held under the direction of Tex Austin for the orld's championship titles, belts and trophies and $30.000, the largest cash purses paid auywhere. W ' ♦♦♦♦•H , +00+0000000+00004 , +00+00000000++00000+0*04«00+++0' I KEEP YOUR VACATION IN KODAK PICTURES J 0 4 . 4 ! J + 4 . 0 0 You don't spend your vacation you save it—if you KODAK. We have a wide range of Kodaks, $6.60 up, Brownies, $2.00 up, and Kodak accessories—everything for the camerist. You'll want extra rolls of Kodak Film—the dependable Yellow Box brand. We have your size. li MODEL DRUG COMPANY t The Rexall Store Red Lodge Montana GOOD BUSINESS Demands GOOD FIRE INSURANCE Let us do it for you 0. J. SIMMONS Representing Home Fire Insurance Co. Springfield Fire & Marine Insurance Co. \ ARE YOU GOING CAMPING? 1 We Have a Full Line of Camping Equipment Fishing Tackle Sporting Goods Tents and Canvas Goods t Mery Hardware Co. ij Mc===T:gr ' ~ 1 —'—..—~—.- ■ ■■■ ■ - ---- ---.. SHERIFF* SALE Agnes Brown, Plaintiff against Roy P. Cook, a single man, Ole C. Wogan ■ and John Rogers, Inc. a corporation, Defendant. To be sold at Sheriff's Sale on the 8 th day of August, 1926, at one o'clock p. m., at the front door of the rt,urt House in the city of Red Lodge, Mon tana, all the following described real property, to-wit: situated in the Coun I ty of Carbon, State of Montana, and described as follows: The Southeast Quarter of the Northeast Quarter (SEV.NE',4) and the Northeast Quar ter of the Southeast Quarter (NEVA SE V« ) of Section Twenty-six (26); the North Half of the Southwest Quarter (N%SW(4) and the South west Quarter of the Southwest Quar ter (SWVi SW l ,i ) of Section Twenty five (25) in Township Five (5) South, Range Twenty-one (21) East, of the Montana Principal Meridian, and con taining 200 acres, more or less. Also all water, water rights and appropria tions, ditches, dams, aqueducts and reservoirs, and all other rights and privileges, licenses and franchises used , * n connection with the above described premises; together with the tenements, hereditaments and appurtenances thereunto belonging or in any wise I appertaining. Dated at Red Lodge, Montana this • 16th day of July, 1925. 1 JOHN ALBERT, Sheriff. Frank P. Whicher, Attorney for the Plaintiff First Publication, July, 16, 1925. Second publication, July, 23, 1925. Third publication Aug. 6 , 1925. Fourth publication, Aug. 13, 1925. ON MERIT (Continued from first page) "real" congresswoman. She was forced to make a real fight for election. She made many political speeches and sur prised all by her grasp of national questions and the workings of con gress. Sentiment was forgotten and she rolled up votes on merit—enough to win handsomely. It is true that of the seven women elected to congress since the inaug uration of equal right, not one has in any w'ay distinguished herself. How ever, woman has shown herself an apt pupil and recent elections indicate that she has arrived—to make good. The seven women elected to con gress : Alice Robertaon—Oklahoma—reg ularly elected. Jeanette Rankin, Montana—regu ,larly elected. Winifred Mason Buck, Illinois, father's term. Mae Nolan, California—husband's term. Mary T. Norton, New Jersey—reg ularly elected. Florence Prag Kahn, California— husband's term. Edith Nourse Rogers, Massachus sets —husband's term. INCREASED LEVIES (Continued from page 1 ) The bond for D. W. Columbus as city tax collector was submitted, approved and filed. The matter of installing electric lights in what is known as "Little Italy" was referred to the city and lighting committee for investigation and report. It was also approved that the lic ense fee from the Montana Amuse ment Company, which is being put on under the auspices of the baseball sociation, be donated to the baseball association. as DEATH TAXES AS BUSINESS KILLERS Assistant Treasury Secretary Tells Fable of Fate of Two Successful Men. Men cannot be expected to continue to work, day after day. increasing the productiveness of this country and benefiting others. If they know that on death the major portion of their earnings win bo dissipated In Federal estate and state Inheritance taxes, de clares Charles S. Dewey, Assistant Secretary of the Treasury. In the American Bankers Association Jour nal. He says: "I ara going to relate a fable In terras of modern business condltions. lohn Henry and Walter Brown were aggressive, hard-working men, anu each had started business for himself "At the time this history opens. John Henry had Just died, leaving his entire estate to his son, John Henry. Jr., and had appointed his old friend. Walter Brown, as executor. Prior to his death John Henry had moved to California, leaving his business In the hands of his son under whom It had continued to make excellent headway The father had been doing a little speculating In oil. This venture had not proved successful and he was In debted in the sum of 1500,000. "Executor Walter' Brown, on exami nation of the estate, found the follow ing situation: Capital stock (if Henry A Co., Inc., a Michigan .'Corin' . Personal debts due hanks "Walter Brown soon made the un pleasant discovery that In addition -to the personal Indebtedness of »500,000. and administration expenses of »250, 000 , the following death duties must be paid; Federal estate tax . California Inheritance tax Michigan Inheritance tax Total . ts.nofl neu Bne.o'in 1497.Rfn 595.700 122.000 ll.m.sno "Added to the personal debt and ad ministration expenses, this made a grand total IHAHIty of »1,955,200 The year was 1920. Money was tight. Other m&nnfaoturlng companies In the same line which might have been In terested In a purchase had no money for extensions nor were the hanks In a position to handle a loan of this type. Here was & most successful business, built up from small begin nings by one man and carried on to further successes by his son. about to be placed under the hammer. "Is there any justice In taxation that may force a man and his family to lose the fruits of his entire life's labor, and permit others to benefit? As a last resort, Henry. Jr., was forced Into a bond issue. A loan, to settle the debts, administration expenses and death duties, of $2,850,000 was nego tiated, upon the following basis: "The capital stock of the company was left at 16,000.000 represented by 50,000 shares. First mortgage 8 per cent bonds were offered the public with a bonus of two shares of stock with each »1.000 bond. The banker, to protect his bond customers, kept 30,000 shares to assure control of management, and John Henry, Jr., re celved the balance of 15,600 shares. John now has a good Job as general manager of his father's old company, but they do not pay him very much. "Now we must return to Walter Brown, executor of John Henry, Sr. Waiter had always kept close to his own manufacturing business The more he considered his own situation, the more closely It seemed to him to resemble that of his old friend. "He therefore called a lawyer and made a complete schedule of hts as sets. requesting that aa estimate of administration expense* and death duttaa be made. The schedule of as set* was aa follows; Capital stock, Walter Bran Oo, Mick. Corp, . California rml Mtat« Tax-exempt bond* Mina, Moat, and Colo .| 1.»*«,»00 1.0*0. ON Total "Within • few d«ya Mr. Brown'* lawyer made the following report: Debts and admin, exponaso. Fed. eatate tax. »m«n Cal. Inheritance tax ... Mich. Inheritance tax.. Minn. Inheritance tax.. Mont Inheritance tax... Colo. Inheritance tax... t& 00 ,M 0 14S.1M j«mos 4 4.4S« 8.700 Total death duties Total expense» .. "On this basis the estate suffered a reduction from $5,500,000 to approxl mately »3,674.000. thus wiping out all assets except thi, corporate stock and placing a heavy .oan ov, that. Brown had one son and. as he thought of John Henry, Jr, tolling away with little hope of opportunity he deter mined that he would not subject his own son to the same tribulations. "Boom times having come, there was no difficulty obtaining a pur chaser for Walter Brown & Co, and the California real estate was sold at a good price. The whole was Invested In tax-exempt bonds wÜlch yielded a ver? safe return of about 4% per cent. Walter Brown then moved hts legal residence to the more friendly climate of Florida, where state inheritance and Income taxes are forbidden. "The country suffers by the loss of effort which Walter Brown might have continued to expend under a more In telligent system of taxation. We must reform the tax system In such a way that business and Industry shall not be hampered. We must make sure that American citizens shall not be deprived of the Incentive to work and accumulate and that thfs country shall not cease to be a land of opportunity. A tax system which discourages Ini tlatlve cannot be the right system for America.* .— - .-..1.425,793 -11.925.708 Mr. + « MOT MON! : + 0 * + + i + 0 * * S + + 0 ■■ * + 0 + 0 0 J + + 0 0 ♦ 0 0 0 ♦ Direct from Los Angeles 0 v 0 + v 0 I MARLOR Highlanders Orchestra 0 0 0 0 + 0 # 0 0 0 0 0 v 0 + IN FULL HIGHLAND COSTUME WILL ENTERTAIN YOU WITH A 4 0 0 0 0 0 0 0 0 0 * 0 0 ♦ 0 Dance + 0 0 0 + ? v ♦ ♦ 0 I 0 0 * 0 0 0 ? 0 0 0 : ♦ + ♦ + LABOR TEMPLE, SATURDAY JULY 18 V V * # I # i 0 0 0 0 0 £ 0000 +*+*+***+++**** 0 *.|.** 000000 . { .. i .. { .. i . F 0000000000000000000 4 - 004 . 44 . 4 . 4 . 4 .+ 4 . 4 . 4 . 4 . 4 . 4 . 4 . * 4 . 4 . 4 . 0 j 0 J 0 * 0 0 Something Different From the Rest SPECIAL ATTRACTIONS The Only Organization of its Kind on the Road DINNA FORGET THE DATE t t 0 0 0 + 0 V - Î Admission $1.00 per couple. 0 ^Spectators 25 cents .... 0 0 4.4. .> + .5.4, 4.4.4. 00 ':-000000004-04-00000000000004.4.4.4> — 0*000000000000000004.04.4.4.4.4.4,4,4,^ 1 # m t 0 * FRANKLIN v v 0 0 : 4 I + I 4 * A » . 4 t 0 f j«. • -J* ■ i 0 ■.. r 4 0 '*! * : * X i U i « f 1 ■'0 ■ -; •- ■ 4* *r V mm-. mkf ■■■■ ■■ W I -■ 0 4 LED; 0 'W r £3 Q t THE RESPONSE SHOWS THAT STYLE AND QUALITY ARE IN DEMAND 4 0 v t * 0 : 0 0 0 0 0 0 0 0 0 0 0 0 The New Franklins are appearing on the roàd as fast as the factory can build them. But not as fast as they are being ordered by people who like fine things. Those who saw de Causse's great custom-built pattern cars all said they would prove a sensation. But few anticipated the actaal response they have aroused. It shows that ap preciation of style is instinctive. ..That everyone wants quality. And that Franklin performance is known and respected from coast to^ coast. 0 ♦ 0 High-power, comfort, reliability and economy of % the Franklin brand make an unequaled combina- * 0 v 0 0 0 tion in the beautiful New Franklin setting. Illustration shows the Sport Sedan. Series 11 includes four other closed and two open types, all ready for the road—fully equipped with propriate accessories, spare tire and cover—at the catalogue price. Only tax and freight are extra. 0 0 0 0 I 0 0 0 0 0 ap- « v 0 « 0 a 0 0 0 0 Î 0 0 O. H. P. SHELLEY Authorized Dealer RED LODGE, MONTANA 0 0 0 0 Î 0 * Î 0 0 0 * 0 0 I 0 I