[United States National Company Form 1120, U. S. Corporation Income Tax Return: 1961] Page: 1 of 18
This report is part of the collection entitled: Harris and Eliza Kempner and was provided to The Portal to Texas History by the Rosenberg Library.
Extracted Text
The following text was automatically extracted from the image on this page using optical character recognition software:
FORM 1120 U.S. CORPORATION INCOME TAX RETURN-1961
UbS. Treasury Department or-other-t-xable....r..eg..-ing-, 1961. ending--------------------.--.....19
Internal Revenue Service (PEAEYPOPIN)r___taxable________year _____beginning________Name
United Stats National CompanyNumber and street
United States National Dank BidineCheck if this is a-
A. Sole proprietorship Q or
partnership 1Q electing
under sec. 1361 to be
taxed a a corporation.
C. Personal Holding Co.D3
03E. Business Code No, 3.
(sen i instr.)
Flocater ship
F. Coyat in whi b located.
Ev stoneCity or town, postal zone number, State D. Employer Identification No. G. Enter total a-sets from line 14
Sch. L (see in. 0).
Galveston, Texas 74-0959355 , 3O3, 100. 70
IMPORTANT-All applicable lines and schedules of this form must be filled in. Where additional space is needed for schedules,
attachments must conform to the official form and totals must be entered in the form schedules.1. Gross.Receipts ._.. Less: Returns and allowances .----.-.-_-__-_
2. Less: Cost of goods sold (Schedule A) and/or operations (attach Schedule) ................... .
3. Gross profit.............................................................................
4. Dividends (Schedule C)..............................................................
S. Interest on obligations of the United States, etc. issued: Gross amount of Less: Amortizable
(a) Prior to 3-1-41-(1) U.S. savings and Treasury bonds interest bond premium
owned in excess of the principal amount of $5,000; and
(2) obligations of a U.S. instrumentality ........ . ---------------
(b) After 2-28-41, by U.S., any agency or instrumentality.. -- -
6. Other interest......................................... . 3 097. 0
7. Rents .............................................................................
8. Royalties..........................................................................
9. Net gains (losses) (from separate Schedule D)..
0. Other income (attach schedule)..............-..7.7. ..........11
11. TOTAL income, lines 3 to 10, inclusive.12.
13.
14.
15.
16.
17.
18.
19.
20.
21.
22.
23.
24.Compensation of officers (Schedule E).................................................
Salaries and wages (not deducted elsewhere)...........................................
Repairs (do not include cost of improvements or capital expenditures)........................
Bad debts (Schedule F)............................................................
Rents............................................................................
Taxes (attach schedule)..............................................................
Interest,...........................................................................
Contributions or gifts paid (attach schedule) (see instructions for limitation)...................
Losses by fire, storm, shipwreck, or other casualty, or theft (attach schedule).................
Amortization (attach schedule).......................................................
Depreciation (Schedule G)..........................................................
Depletion (attach schedule)..........................................................
Advertising......................................................................25. Amounts contributed under: (a) Pension, profit-sharing, stock bonus, annuity plans (see instr.).... j
(b) Other employee benefit plans (see instr.)...................
26. Other deductions (attach schedule)....................................................
27. TOTAL deductions in lines 12 to 26, inclusive...................................... .
28. Taxable income before net operating loss deduction and special deductions (line 11 less line 27)...
29. Less: (a) Net operating loss deduction (see instructions) ...............
(b) Special deductions (Schedule I).............................$518. 0
30. Line 28 less line 29 .............................................................25. 349.91
-
+l4.9.19 6
277. 73
$35,936. 72---------------------------------------
.. ---------------------------------------
.. ---------------------------------------
- - ---------------------------------------
- - -------------------------------------
.. --------------- -----------------------
----------------------------------
.. -------------------------------------
---------------------------------------
- ------------- ----r--------------
1 ------------------------------------~----70 43
513. 03
$23. 764. 131. TOTAL income tax (from line 9, Tax Computation Schedule, page 3)....... ............ 7,066. 73
32. Credits: (a) Tax paid with application for extension of time in which to file..,-.......
(b) Payments and credits on 1961 Declaration of Estimated Tax...
33. If tax (line 31) is larger than credits (line 32), the balance is TAX DUE. Enter balance here-> $ 7, 066. 78
34. If tax (line 31) is less than credits (line 32) ................Enter the OVERPAYMENT here- Iapplicable
35. Enter amount of line 34 you want: Credited on 1962 estimated tax --..-..-..-.-..- Refunded
I declare under the penalties of perjury that I have examined this return (including accompanying schedules and statements) and to
the best of my knowledge and belief it is true, correct, and complete. If prepared by a person other than taxpayer, his declaration is based
on all information of which he has any knowledge.
CORPORATE Ucretary
-E Aif--------------------------
SEAL--(Date) (Signature of officer) (Title)
)dividu---r---rm--------r------- ------------------
(Dte),j (Individual or firm signature of pre parer) (Address)0
Uk
00
U
W'I
I
1
'1
Upcoming Pages
Here’s what’s next.
Search Inside
This report can be searched. Note: Results may vary based on the legibility of text within the document.
Matching Search Results
View one place within this report that match your search.Tools / Downloads
Get a copy of this page or view the extracted text.
Citing and Sharing
Basic information for referencing this web page. We also provide extended guidance on usage rights, references, copying or embedding.
Reference the current page of this Report.
United States National Company. [United States National Company Form 1120, U. S. Corporation Income Tax Return: 1961], report, January 30, 1962; (https://texashistory.unt.edu/ark:/67531/metapth1292087/m1/1/?q=%221964~%22: accessed August 15, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu.; crediting Rosenberg Library.