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This Week In History, 12-11-08

     

Updated on Wednesday*:

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The following reports are taken from The Calhoun Chronicle archives:

 

1933, 75 years ago

Hill Stump, nephew of Mr. and Mrs. Bud Johnson of South Grantsville, became a national figure one day last week with his name in large headlines in many newspapers.

 

He is cashier of a bank in Adrian, near Buckhannon. Two strangers stepped up to his window with drawn revolvers and demanded and got $1,300. Before the robbers could escape, Stump engaged them in battle and shot one of them. A short time later, one of the bandits was found dead along the roadside where his companion had flung him from the car. The other was captured on the outskirts of Buckhannon.

 

 

 

 1958, 50 years ago

It is strange that, 17 years after Pearl Harbor, the U.S. is still faced with the threat of military aggression. In other words, World War II did not bring peace to the world, as we had hoped, but merely produced a new antagonist.

 

In some ways, the threat facing the U.S. in 1958 is far more ominous than that which faced us in the days immediately preceding World War II, and on Dec. 7, 1941. In those days, Americans were confident that, once committed, they could muster the resources and manpower to subdue their foes.

 

We had the protection of two great oceans, the Atlantic protecting us from Hitler, to a large extent, and the Pacific serving as a barrier to the Japanese, far from the West Coast. Today, we have neither the barriers nor the time to muster the resources--in the event of an attack.

 

Seventeen years after Pearl Harbor, we face a challenge from an enemy who is stronger numerically, and who threatens to surpass us industrially. Who could have seen that humanity would still be plagued with the grim threat of tyranny?

 

 

 

 1983, 25 years ago

 

The Calhoun County assessor’s office, in a cooperative effort with the county clerk’s office, is engaged in a major review to properly assess and tax mineral interests and leaseholds. Funds for the project are being provided by the Calhoun county commission.

 

According to tax assessor Gene Hardway, certain of the changes were mandated by Hershel Rose III, State tax commissioner. Oil production will be taxed under the following formula: For royalty, the average daily production in barrels (based on 200 days/year production) multiplied by $30,000 x 70% will give the assessment. The working interest average daily production will be multiplied by $14,000. Seventy percent of this value will give the assessment value.

 

Assessment of gas production will be calculated by taking the annual income and multiplying by four for both royalty and working interests. With both oil and gas assessments, the amount to be used for tax purposes will be 70% of value, the same figure as used for all other classes of property. Some of the oil and gas companies that operate in Calhoun are classed as utility companies and all their property is taxed in Charleston under a different formula. Oil and gas rights will be taxed at $10 per acre which is comparable to adjoining counties. 

This Week's Editorial:

By Helen Morris:

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