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mm ^ U, S. Tfoanrry Scpaifmaal lataxaal Ixovsan* Snrio U. S/MPlMIlWrlCiM I'M- sethsm ' FOR CALENDAR YEAR 1953 - , ` A J ,'J . ) ** V* ' ' jr 'f oi otKor taxable year beginning ........................ 1958, ai\d ending j-fr' P> t? ij .P ' SZ C- . 183- . PLEASE TYPE OR PRINT PLAINLY Nam* * . ' i ' ' A DE L B REB L 'T 'x/ Co/? P Number and street .a /U /l-l jEA S I L /)//)/A/ : \/f V~- Ctty or tovn, postal too# number, State ^ # . A/ hi A A A! A!nr , fEPSfi M ^ Di nst Kflis in space tetoiv' . ' '' ; . Date Incorporated__________ API.1. , Place Incorporated . Wk--`bJ.fiS * 2nter your employer'i Identification qhmber______ ________ , Business group cods number and principal business activity (See new code on page 8 of Instructions) K. Did the corporation, during the taxable year, have any contracts or subcontracts subject to the Renegotiation Act of , 1951? .......................................................... Yes WNo If answer Is "Yes," state the approximate aggregate ** gross dollar amount billed during the taxable ' year under all such contracts and/or subcontracts. ' (See Instruction G-(4))__________________ _______________________ E. Did tbs corporation at any time during the taxable year own directly or Indirectly 50 percent or more of the voting stock of a domestic corporation?.. ................ ;................. Yes V7] No Did any corporation. Individual, partnership, trust, or association at any time during the taxable year own directly or indirectly 50 percent or more of the corporation's voting stock? .................................................................. Q Yes Q No II either answer Is "Yes," attach separate schedule showing: 11) name and address; . . (2) percentage of stock owned; : (3) date stock was acquired; and ' (4) the District Director's office In which the income tax return of ; such corporation, individual, partnership, trust, or association . . far the last taxable year was hied. 7 Check if taxpayer is a sole proprietorship Q ar partnership Q elect ing under section 1361 to be taxed as a corporation. a. If corporation is a cooperative association, check whether: - (1) farmers' marketing or a farmers' purchasing cooperative association; (2) consumers' cooperative association; or (3) D other cooperative association. ________________ ' I. Did the corporation at any time during the taxable year own di rectly or indirectly any stock of a foreign oorpo- . ration?.......... . ............ ..................................................Q Yes iTNo If answer is "Yes," attach statement as required by Instruction K. J. If this form is filed after the due date, has an exten- ' sion of time for filing been applied for?__..... O Yes. If "Yes," attach copy of application to this return. K. Enter amount of income (or deficit) from: (a) line 32, page 3, Form 1120, 1956.... ___ Q No vi (b) line 32, page 3, Form 1120, 1957.... ___'-f.l.V.-r- L. Did the corporation make a return of Information on Forms 1096 and 1099 for the calendar year 1953 in connection with: . Taxable dividends..................................................... Q Yes RNo . . Other payments.......... " Yes j3No (See Instruction G-(1)J Is..this, q cgnsolidated.return -of an-affilicated g_ rou_p ' of corporations? (See Instruction I).......................... Q Yes If answer Is "Yes," Form 1122 must bo attached for each subsidiary. gTNo U. Is taxpayer a personal holding company?................ .. . Yes 0 No If answer is "Y6s," Schedule 1120 PH must be attached. 0. Is taxpayer a resident foreign corporation? (See Instruction H)......................................................... Yes F/No FILL IN REMAINDER OF THIS PAGE AFTER COMPLETING PAGES 2 AND 3 Enter, amounts shown on page 2, (If "None" write "None") line 1,_/LA-L'i-I.............. Hr-.a 4,__............................. line 15; ' COMPUTATION OF TAX DUE OR REFUND , .1. Total income tax (line 50, page 3)............................................................................................. ............................................. 2 Credits for amounts paid on 1958 Income fnv --' A. Tax paid with application for extension of time tn which to file.............................. B. Payments and credits on 1958 Declaration of Estimated Tax........................ ........ -- If tax (line 1) is larger than payments Cine 2), the balance Is TAX DUE. Enter such balance here. (7or UWallnuit parmmntm m* lnefaruatlon O.) ` t ! TJ -U--> L > r- sr. uw 4 -o **' *** ^ ) 4. If payments (line 2) are larger than tax Cine 1)................................ Enter tho OVERPAYMENT here -- 8. Enter amount oi line 4 you want: Credited on 1959 estimated tax._______ ___ __ _________ . Refunded____ _ SIGNATURE AND VERIFICATION (See Instruction E) ' I declare under the penalties of perjury that this return (including any accompanying schedules and statements) has been examined by ms ami to the best of my knowledge and belief is a true, correct, and complete return. (DaU) (Signature oi oiiloor) (Title) coa?o?.ATE SSAL I declare under the penalties of perjury thatI '.prepared this return for the taxpayer named herein; and that this return (including any accom ponying schedules and statements) is, to the best o my knowledge and belief, a true, correct, and complete return based on all the imermation relating to the matters required to be reported la th s return of which I have any knowledge. BaW IPftvOBfl lion vnro >li (Individual ar firm signature) VPD-158-0000904 -L ' DANA-052 Kona IIZJ&X 958 , Instruction ind Ua No. . TASABLS'. Z?JC0r3 CC?.2?in,,TS05 GROSS INCOME 1. Gross sales (whore Inventories ' . Less: Returns and are an Income-determining factor)------------------ ------- allowances .................. 2. Less: Cost of goods sold (Schedule A) 3. Gross profit bom sales......................... ................. ............................... l . Am Gross receipts (where Inventories are not an Income-determining (actor) ..................................................... '......................................... ' 3. Less: Cost of operations (Schedule B)........................................ it. Gross profit where Inventories are not an Income-determining factor 7. Dividends (Schedule Q 3.' Interest on loans, notes, mortgages, bonds, bank deposits, etc -j's: rtf '' . Gross Amount af Interest . Less: Amortizable Bond Premium . 10. Interest on obligations of the United States, etc.: v- (a) Issued prior to March l, 1941--(1) U. S. savings principal amount of $5,000, and (2) obligations /. i (b) Obligations issued on or after March 1, 1941, by ' the U. S. or any agenay or Instrumentality thereof. .. 11. Rents................................................... ............................ 12. Royalties............................................................................................. .. II. Gains and losses (from separate Schedule D): (a) Net short-term capital gain reduced by any net long-term capital los3.............. . (b) Net long-term capital gain reduced by any net short-term capital loss.......... .... (c) Net gain (or loss) from sale or exchange of property other than capital assets. 14. Other Income (Itemize): . ' IS. Total Income In lines 3, and 6 to 14, Inclusive. Pago 2 JJ / fo Mt VPD-158-0000905 I' 25. Amortization (Schedule 0............................................................................ 28. Depredation (Schedule J).................................................. ..................... 27. Depletion of mines, all and gas well*, timber, eta. (Attach schedule). / <7 V' 23. Advertising (Attach schedule)............................ ....;. ^................................................................. - 23. Amounts contributed under: ' (a) Pension, annuity, stools bonus, or profit-sharing plans (Attach schedule)........ ........ (b) Other employee benefit plans (Attach schedule)................................. ....................... ........ jr - JO. Other deductions (Schedule R. . ' : / 31. ' Total deductions In lines 16 to 30, Inclusive.................... 1..................... 32. Taxable Income before net operating loss deduction and special deductions. 33. Less: Net operating loss dedudlon (Attach schedule)................................ 34. Taxable Income before speolal deductions....................................................... r t. SPECIAL DEDUCTIONS 33. Deduction for partially tax-exempt interest (net amount entered on line 10 (a)). 36. Dividends-reaelved deductions (Sea Instructions): (a) 85% of oolumn 2, Schedule C................ ...................................... (b) 62.113% of column 3, Schedule C.............................................. (a) 85% of dividends received from certain foreign corporations.. 37. Total dlvldends-recelved deductions (sum of lines 36 (a), (b), and (c) but not to exceed 85 percent of the excess of line 32 over the sum of lines 35 and 39) (See instructions in oase of net operating loss or if the corporation Is a small business investment company).......... 3D. Deduction for dividends paid on certain preferred stock of public utilities (See Instructions In oase of net operating loss)............ ........................................................................................ ,30. Deduction for Western Hemisphere trade corporations (See Instructions In case of net oper ating loss).......... .................................... .................................... ............... ........... ....................... / o' O' iJC?0?3 .11 U fct J ft, o-ij-on 40. Total special deductions........ ................................................................ *51. Lino 34 less line 40 (Enter Income or-loss here and on line 42(b)). / r-r :f J r-> TAX COMPUTATION FOR CALENDAR YEAR 1953 AND TAXABLE YEARS ENDING ON OR BEFORE TUI'S 30,1959 For other taxable yearB attach Schedule 1120 FY (See tax computation instructions) / 42. (a) Amount of line 35 . <13. If amount of line 42 Is: . // (b) plus amount of . line 41 / > (a) Not over 523,000-- . , ; ' Enter 30 percent of line 42 (32 percent If a consolidated return). . [ (b) Over $23,000-- Enter 52 percent of line 42 (54 percent If a consolidated rsium). Subtract $5,500, and enter difference.............. ......................'..... ft '_ ^ * ^ r/~ . Enter total bore 5,500.00 14- * y / / 44. Ad)ustment for partially tax-exempt Interest 'Enter 30 percent of line 35, but not In excess of 30 percent of lino 42.. <S. Normal tax and surtax (line 43 less line 44)............................................................................................................... ................ (16. Income tax (Une 43, or line 20 of separate Schedule D).............................................................. (17. Credit allowed a domestla corporation for Income taxes paid to a foreign country or United States possession (submit Form 1118).......................................................................................... (IE. Balanoa of Income tax (line 46 less line 47)............................................................................................................................. (18. Tax under Beotian 541 of the Internal Revenue Code (from Schedule 1120 ?H).............................................................. CC. Total lncometax (line 48 plus line 49), Enter here and on lino 1, page 1................................................. VPD-158-0000906 Foret 1120-1958 ,. . is-77s-> --_4 :ge 3 Torn 1120-1358 Schedule L.--BALANCE . in.-.B'viCuoi-^s; ASSETS 1. Cash........................................................ .................................... 2. Notes and accounts receivable.............................................. Eosinnir.: cl Tcrcblo Yocr Amount Total izn si (a) Less: Reserve for bad debts............................................... 3. Inventories:' (a) Other than last-ln, first-out.............. V.'., (b) Last-ln, flrst-out............... ................................ 4. Prepaid expenses and supplies............................. .................. ' 8. Investments in governmental obligations: v. :: (a) Obligations of a State, Territory, or a possession of V // the United States, or any political subdivision of any >. j of the foregoing, or of the District of Columbia,............ Amount '. ToUl ijt i9 l '// ------- -/TAT (b) Obligations of the United States and its Instrumentali ties ............................................. ................................... ........ Mortgage and real estate loans............................................ Other Investments (Attach schedule)....................................... Buildings and other fixed depreciable assets........................ (a) Less: Accumulated amortization and depreciation........ Depletable assets........................................................................ (a) Less: Accumulated depletion............................. ............... Id. Land (net of any amortization).......... ................................... 11. Intangible assets (amortizable only)....'............................... . (a) Less: Accumulated amortization....................................... 12 Other assets (Attach schedule)........... ..................................... 13. . - Total Assets.................... J:. . . . . . . . . . . . . . . . . . LIABILITIES AND CAPITAL k 14. Accounts payable....................................................................... is. Deposits and withdrawable shares.................. ..................... . L / J /]_ 3 Ij JVAILlzL i> ~S - V U / J^C-pO L ;/ UJ ft.^'4! iiV/- *s,V. V/"(./.' v*h ? ~r--------- :--------- . /(gif/, f, { ' . ___ f J*b 6`Q 18. Bonds, notes, and mortgages payable (maturing less than one year from date of balance sheet)..,..(. ................ . 17. Accrued expenses (Attach schedule).... 18. Bonds, notes, and mortgages payable (maturfnn.g one year or more from date of balance sheet)........ . -y.............. .19. Other liabilities (Attach schedule). 20 Capital stock: (a) Preferred stock................. A..... . . . . . . . . . (b) Common stock........................ ................... .21 Paid-in or capital surplus.......................................................... .22 Surplus reserves (Attach schedule).......................................... 23. Earned surplus and undivided profits..................................... 24. ^______ Total Liabilities and Capital.. X . .......................... A <3C Tj -C C- ' liTTul ' --1-------- (fp o a oO K ,n Oo- / 'k~r%y~x'W} u. 9 .3 ~7 V F V Oo && *? (/j., / *_fi/ Schedule M.--RECONCILIATION OF TAXABLE INCOME AND ANALYSIS OF EARNED SURPLUS AND UNDIVIDED PROFITS 1. Earned . surplus and undivided profits at end of preceding tax able year (Schedule L)................ . 2. Taxable Income before net operat- lng loss deduction and special deductions (line 32, page 3).... Hf id 9. Total distributions to stockholders charged to earned surplus during the- taxable year: (a) Cash.............................................................................. . (b) Stock of the corporation.................................................... (c) Other property (Attach schedule)........ ......................... S. Nontaxable Interest on: \ . . (a) Obligations of a State, Terri- 1 :. ! * tory, or a possession of the 1' United States. or any political . subdivision of any of the fore- . going, or of the District of Co . . lumbia ....................................... .................____ . (b) ObllgahonsoJ the United States issued on or before Sept. 1, . , 1917; all postal savings bonds.____ u--....-- 4. Other nontaxable Income (Attach ' schedule)........................................ --................... 0. Charges against surplus reserves ' deducted from Income In this re- . turn (Attach sahedule)..................-------------- !-- 10. Contrlbultons in excess of 5% limitation................................ 11. Federal income and excess profits taxes................................ 12. Income taxes of foreign countries or'United States po3ses- . sions- if claimed as a credit in whole or in part on line 47, page 3...................................................................................... 13. Insurance premiums paid on the life of ar.y officer or em . ployee where the corporation is directly or indirectly a beneficiary............................................................................... LL 9 ?>" 1 i/ 14. Unallowable interest Incurred to purchase or carry taxexempt interest obligations. .......................................... 15. Excess of capital losses over capital gains............ .............. 16. Additions to surplus reserves (Attach schedule).................. 17. Other unallowable deductions (Attach schedulo).............. V?D .000090^ 3. Adjustments for tax purposes not recorded on books (Attach sched ule).................................................. 7. Sundry credits to earned surplus (Attach schedule)........................ 13. Adjustments for tax purposes not recorded on books (Attach schedule)............................................... ................................ 19. Sundry debits to earned surplus (Attach schedule)............ 20. Total of lines 9 to 19.................. :............................... 21. Earned surplus and undivided profits at end of the taxable Form 1120-1958 Pegs 5 'JHo information required in Schedules A through K on pages 5 and 6 may ha furniched on coparaio cttachrr.arvb provided that tho attachments conform to the format of the printed schedules and the necessary figures aro carried forvrard to tho appropriate lines on pages 2 and 3. Where acceptable attachments are usod, detach and discard pages 5 ar.d 8, ' Ham# and Addrvse (Humber, treet, olty, postal zone. State) ^ ^A Schedule A.--CO^T OF GOODS SOLD. (See Instruction 2) .(Where lrvonlorte are on Inoome-fletermlnlng taotor) .' Schodulo B.--COST OF OPERATIONS (Where Inventories are not an lncom6*dotermlntng tactor) /. ,* " 1. Inventory at beginning of year........................ -- 2. Merchandise bought for manufacture or sale. 2s Salaries and wages.......................................... 2. Other costs (to be detailed): (a)..................................................................... 4. Other costs per books (Attach schedule)........ 8. Total.................................................................. 6. Less: Inventory at end of year ....A..,.*.. 7, Cost of goods-sold (Enter here and on line 2, : Page 2)............ .............................................. (b) ............................................................. (c).................................................................... (d).................................................................... ............ ................ .. (e).................................................................... 3. Total (Enter here and on line S, page 2)... Schedule C.--INCOME FROM DIVIDENDS. (Soo Instruction.33) . li Him# of Declaring Corporation 1 Domestic Corporations Taxable Under Chapter 1, Intornai Ravenuo Code* 3. Certain Preferred Stock of Public Utilities Taxabla Under Chapter 1, Internal Revenue Code 4. Foreign Corporations 5. Other Corporations '' ' . ---------------- --------------- -- -- -- , -------------------------------- --------------- -- ------------ ------------ ------------------ -- Totals........................................................................... ' Total of columns 2, 3, 4, and 5 (Enter here and on line 7, page 2)......................... ................................................................ Kxcopt (a) dividends on aertaln preferred stock' of public utlllttea, which should bo enteroa In column 3; and (b) dividends, which should bo ontarod in column 5, received from China Trade Act corporations, from corporations to which section 931 appllos. and from corporations exempt lrom tax under soatlons SCI and 521. Sohndul* D.--Spaxat Sohedula D (Foim 1120) should bo usod in reporting sales or oachangos of proporiy ar-.d filod with this roturrv (Soo Instruction 13) Schedule E.--COMPENSATION OF OFFICERS ' L Name and Address of Officer 2. Official Tills 3. Time Dovotcd'to Business Percentage of Csrporcuon's Stock Owned 4. Common 5. Prcforrcd 6. Amount of Compensation -------------------------------------------------- -- ------- ----------- -------- -- ...........----- -- -------------- .V--------- -- ------- ----- ------------------ Total compensation of officers (Enter here end on line 16, pago 2) Sahedulo F.--BAD DEBTS. (Soo Instruction 20) 1. Taxable Year Amount of Notes and Accounts Receivable . Outstanding at-- 2. Beginning of Year 1 End of Yur 4i Taxable Incoma . Reported E. Seles on Account t. Bed Dabtj of Corpo ration if No Reserve Is Carried on Books If Corporation Carries a Reserve 7. Cross Amount-Added to Rsscrvo 8. Amount Charged Ago:net Raserva 1955............ -- ----------- ----------------1956............ 1957............ -------------:-------------------------------- ---------------- | ** 1t 11 l! M !i 1! -- -- 1958............ ...... ............... ...--.. ----- ------- -------------------- ...__ ______ ______ -- ............ ........................ NOTE: ScurlUo, which arc copltol ou.U and whlah beaam. worthloaa within tho taxable year should bo reported In separate Schodute D. -- VPD- j____ __ ffoinn 1120-19S8 .1 : Schedule G.--TAXES. (See Instruction 22) fVr / ' 1 EipUnatipn J.X.- . of >?.. it / * 2 ', '( - ' .. t *. Amount /aya J f/* Pcgo 6 Schodulo H.--CONTRIBUTIONS OR GIFTS PAID ; (Soo Instruction 23) Name. and Address 0/ Organization Amount . 1' Contributions carryover (See instructions).... Total (Enter here and on line 22, page 2).. // Total .contributions (Enter here and' on line 23, page 2, subject to 5 percent limitation). Schedule I,--AMORTIZATION. (Soo Instruction 25) : ], Describe facilities or Expenditures Being Amortized 2. Data Acquired. Completed, or Expondcd 3. Amount Being Amortized 4. Amortization De ducted in Prior Years 5. Amortization Period (iNumhor of months) 6. Amortization This Year 1 V----------------- ^ ------------------------- ........................... . ---- i. ------------------------ -- ...-------------------------- ----------------------- -- 1. Total..................1........................ :............................................................. ' 2. Less! Amount of amortization claimed in Schedules A and B and elsewhere on return.......... ................................. .. ..................... . 3. Balance--Enter here and on line 25, page 3... ............... Schedule J.--DEPRECIATION. 1. Kind of Property (it buildings, state material of which cootnicUd). Exclude land and Other Nondepreciable Property.. Ust Aueta in Croups by Depreciation Method . . 2. Date Acquired 3. Cost or Other Basis (Soo Instruction 26) 4. Depreciation Allowod (or allowablo) io Prior Yoars 5. Method of . " 6. Rato (%) or Ufa Computing Deprociation (years) 7. Depreciation This Year i' 1 ' THK3. IEEE j __ ::::zzzz ~~eUFji -. ' ----------~----..... -- ....------------..... -- -- -- 1. Total.:............................................. ....................... ------------------------ VO ' 2: Less: Amount o( depreciation olalmed In Schedules A and B and eUewhore on return 3. Balance--Enter here and online 26, cage 3.......................................................................................... SUMMARY OF SCKEDUtiES I AND J Psrt A.--DEPRECIATION Tt.oL. & & 'r Part B.--AMORTIZATION. .. 5. Additional first year (Section 179)...... __________________ 12. Organizational cupSnditures................................ 6. Other methods............ ............................... .. 7. Total-depreciation claimed.............................. 13. Trademark and trade name expenditures... ^c(,rfQ 14. Total amortization claimed................................... Sohodulo K.--OTHER DEDUCTIONS. (Geo Instruction SO) Jl .tsAJ - ..tAS** ...... //"<7 -<5C jf ... 1 - .... -- .. - ' * * . .--. - Total (Enter hero and on line 30, page 3).. /ro os,. VPD-l 58-0000909