Word: owners
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Dates: during 1960-1969
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Feathers & Squawk. In Kensett, Ark., where Mills grew up, his father was one of the most prosperous men in town, owner of a busy country store that sold everything from horehound drops to horse collars. (Mills's mother, 77, still helps run the store.) Later on, Ardra Mills acquired a cotton gin and an interest in the local bank. Wilbur worked in the store during his boyhood, but early in life he was struck with awed admiration of William A. Oldfield, the bouncy, genial Congressman from the district. In his travels around his constituency, Oldfield frequently visited Kensett and stopped...
...depletion allowance permits the owner of an oil-producing property to deduct 27½% of the gross income from the property in computing the tax liability, with the restriction that the allowance cannot in any year exceed 50% of the taxable income from the property. Yearly cost to the Treasury: about $1 billion. Similar allowances apply to natural-gas wells and, at less generous rates, to most kinds of mineral deposits, from antimony to zircon. What is wrong with the arrangement, as tax reformers see it, is that the owner can keep on taking the deduction indefinitely, even after...
...Soviet Union boasts some of the tightest border controls in the world, but they are not tight enough to hold back a thriving network of Russian dealers in contraband currency that stretches from Peking to Paris and points beyond. Last week a Kazakhstan factory owner went on trial in Alma Ata after he was nabbed wearing a money belt crammed not only with rubles but also with French francs and U.S. dollars. In his home were three ounces of pearls, 2,700 antelope horns, which the Chinese prize for their supposed medicinal qualities, and 22 Ibs. of gold, which...
...TIME, you referred to Le Grand Lockwood, builder and original owner of the mansion at Norwalk, Conn., as a "Civil War profiteer...
...schoolboy hero of Buchan's The Magic Walking Stick finds a cane that, properly twirled by the owner, twirls him from the doldrums of home to far-off times and places. In The House of the Four Winds (which along with Castle Gay is part of a trilogy about a retired Glasgow grocer named Dickson McCunn), Buchan plunks assorted Britons smack dab in the middle of a palace revolution in Evallonia, a small, turbulent European state north by east from Ruritania...