. SCHOLEFIELD, J.B. SCHOLEFIELD, C.PA,,A.C.A. SEYMOUR WELLS,C.P.A LYNN E. BAXTER,C.P.A. WELLS CERTIFIED PUBLIC S22-3 KEARNS SALT e He St ecke some Browning Est at Ce Mre Browning est rn: CAE has it Me Se been UTAH ANGELES CALIF. AGENCIES NEW YORK CITY — CHICAGO WASHINGTON, D.C. CITY 10, 1936 Company in connection with the + 1923, and according to the set-up of his Was Mary eased until Nove moer 20 3 HE 276 q his estate? of the dist ribution Was her intersettlement of her estate et tate appraised in her estate tm 1926: if 304 Browning esta te as set up by in the Mary Ae Was ected Pile BI — LOS OAKLAND, 7 Browning re FRANCISCO AND d estate the assets were Ae Browning one of rae his est ate held up pe how SAN BUILDING add itional Browning OFFICES BOISE, IDAHO — OGDEN, ACCOUNTANTS LAKE August Mr & BAXTER oe oe that Mar V EN Ae EN included in her St ate w § + Br owning es eth G Wie De estate For ins BESS her W j — oer. it Br owning stocks MM * & Mi e shoes 703 shares of J Se BrownBrowning estate is shown 300 shares why should not the 100 sh arses whie h Mary Ae Browning be el im ee ahs: mye 300 shares shown on 9 e Browning The 100 shares re Mary Browning e svi © & Me +fa] a Ne in values, records Mary ie see Se br owning est there We may but it should Browning not Ye values est If you do the lighte not agree, let the Very writer truly know yours, is a duplication estate included in the h he will Browning and be pl cas - ed 2 August.11,10356. Scholefield,Wells & Baxter, Kearns Building, Salt Lake City, Utah. Attention Mr, Dear HB. Umrick H.B.at«= of August 10th requestthe M.6. & M.A. Browning In reply to your letter in connection with light ing more Estate setups: Mary A. Browning was one of Second paragraph Estate; the distribution was Browning M.S. the of the heirs M.S. Browning Estate~ in the of closing the held up pending Estates were closed Browning A. Mary and M.S. the other words, simultaneously. At the time M.S. Browning died, one-third of the M.S, At the was apportioned to Mary A. Browning. Estate Browning ng M.S,Browni the of one-third this 1926, in @ate of her death appraised Estate was value, rather estate, in her we are the books in Movember 1927, we no relationship insofar as her Gor your purposes, nodoubt the Estate should be considered at than as Our setup the 1923 value. both estates were identical, now was however, set we when up set them up as though there was one-third equity was concerned. 100 shares of the N.S. Browning her date of death at the then carrying them for convenience, it facilitated the on the at books as the heirs of apportionment of only confusion this would y the Company dividend, and probablthe of one of the heirs, death the cause, it seems to me, would be there is no carried on 70% shares do not TICE >o pas BAOa HS Second last would have to paragraph-is not quite clear duplication the are If we hesitate be appraisals at which time separate the Company stock. in values, the Company at arrived to stock us on 46 being M.S.Browning setup at date of his death and the carried on the Mary A. books at the 1926 value. this can throw any more to call on US. light on Yours very truly, subject, please Me. & M.S. Browning Company. The mumber of shares of stock of the J. M. Company in the J. M. Browning Fao) is not. hhe correc ibution of the pool. The pool as in the Ae ee of egies? tue to the oe of the eig heirs. Computation was of final distribution. ¢ 867% above basis. by Al Mann, C. Browning, The in his settlements of the February 14, truly yours, t Peo MP y NO ned be) NO ee 2 } made 1935. ee |} -) have been 3 rc 0" > receives and that onethere on the aboye percentages were discussed and confirmed report of the fair value of the estate of Rachel Very HJICs IPC pool % 2} Jj] NOOEND yY NORE DOOD PO OM NM PO fo Nm Browning Browning was a total sum of 867 shares of J. M. & M. S. Browning Company's stock, (including Kenneth Browning's equity) held in the pool for All (9) LO , DAD}! 1} 4 buted hw On 2 4 ® ~0O-N0. ® Ld > fond NO SO ve t-—4 SO D> » pant ~0 KO D) ») mi’ wf ge) Wot i) WO Go Go 4 bal ) rs” du P00L 9 ty ~o ~~ ® a o) | ‘ JI~j Distri- 100 .00% You will note that Rachel. C. relinquished equity of Kenneth third Total fond o le C0 BO CO CH ; 4° |yOo # Op cd) © 1O Jenad the Cop Ge e 2 Co CO ) 00 CO.©0 Browning Elizabeth B. McLeod Kenneth Browning Total Yhares Participation Q0F «11 tay B. Olsen Cummings In- 193 “193 ko Monida jal Ford Ballantyne 2 RAS CO"00 B.: bo Lo Les Ly kvbv |Ly 20Go to toe Gotu GA Ce Uo Browning Louie Elsie Brown- ing's Pa sil olpation __ terest Bro wning donn K.S. iO SS C. Original. {0 Uo Rachel |. om memepnseencones of ® we Percentage ° Heipey . ® | o) . Participating » | Add and Kliminate ovembdber in re pL ow ing fer, aed o> we % oe y to your enelysis: Fe — A 43 Fee SES t oy ahs ch GAH ge AmAvn 3 frat ? Sa tee wh te ny & 4 ne ke shares ST) we tle letter of Fovember In reel ity Ke Ge Be stock i th widow’ by the the ee, i owned & a = & cl & @ $2 rege rding 25 nz Le ES PNT PEG Brownt &. nak ri 29th owned Foo b ¢ z + ot : _ e 1 as res 100 SadBe Or 1/3, % , x os bet 8 4 %& explain how the i o 3 ’ i 3 # 152,694. fx,© 29,552. of of a hme 48 5 ind “ato ber @ aeaate e* fae hee me 4 Ss te and dness Poole bes:t - ta SA “ Pd a2Pie} 2 a § th ¢ em * 3 ES oF ae f win ig t he @ Giz Pe a iy dge, egy ie 3. charge ed §= ole to K. 8. Be ¥ Red or - 1/12 Eig picture, merely of con YF F pu ting i ‘4 gure his Re ex — Co. e. « with in the . am &h e ie 83. Coe October : * 27 4 2 10,1 and the J.¥.&¥.5.3. fs : se eR Sarker : ordered Sor mer a (x) Fae 4.24,5.8. stock. co BG is ant or en bey gs a2 5 SLOek aS Ry os Se a3 4 4 ’ 1 howeve nam & urs ee Ve se public es ‘ ka 29 Ke Se Be PH we es the 20} which was fo “rived at in aout iy * ~ en waa = 23 Or clear, F eng ernesd,. 8 29,552.15 ae was. formerly which 1di ngs rea lity rn Yo. THe reant{ter 1 1/ 190%, Ths 2 73 a ,a Rie eliminstins his ie is set up &s atime in Me Be Co. nee » Pool stock” roo], . “ 2 ‘ST... wh Jds¥@.Bs« books, om in the ; Pout: The OOkS under JoM AM, 2 3. 3. counts, x sherirf exs et the smount for “ki M.5.3. J.¥.8. the for trustee wmiinge, et which seme was pur che se a ands Sa we ad P) te aps Sur On Tc %¢ T af wo | tober c OD bess tier ss The J.¥.& Jo, ot by 2) sh Yt om[ES ftSiiived if ‘ey, at 3/12. erect [8 ra abe om So your your oY if LF cS od & - > hie Fas a ry selvye S, ai Ye got ‘ 45 yen os A turned SCHOLEFIELD, J. B. SCHOLEFIELD, C.P.A.A.C.A. SEYMOUR LYNN WELLS CERTIFIED PUBLIC 922-3 KEARNS WELLS,C.P.A E. BAXTER,C.P.A. SALT MeSera Rs na vier Browning BOISE, SAN am ee ~ G1 Oe yo MC) A dio = @ rT ye. Me Browning Pool, will you sane additional informations tf TY Be ee ee Be a ag Bae a ak em? on ioe be Nokutitia kind enough on an a to tne s pool bev ') 2 © uy @) shares, * Irnisn rT no > een iJ I kd * purcrrmase LL ene ah a TAL eRe aE Bs ey AND — OGDEN, OAKLAND, UTAH ANGELES CALIF. AGENCIES brownine T OFFICES IDAHO FRANCISCO —LOS NEW YORK CITY — CHICAGO D.C. WASHINGTON, CITY NOVOMDSYT .wed BAXTER BUILDING LAKE Rte * & ACCOUNTANTS O AVIAN i mM a FV a é Novem ber Bl, 193Oe Scholefield, Fs Wells Kearns Building, > Salt Lake Ci ty 9 Utehe In reply to your letter of Fovember 20th regardine refund on State Ineome Tax of verious individuals for 1933 ani 1934 account dividends paid by the J.¥ & ¥.S. Browning Comps ny out of espitel, will state thet these various Sividends were reported to the State on Form 1096 but, ry proper sna —s me tax returns, these dividends were excluded sné explanation furnished the State Tax Commission. that Sidi dividends were psid from earnings prior 0 December 50, te _There Tore we heave not peid ; they heave received from the Compéanys Yours 2S nS « RFC ® 275 5 teak very truly, SCHOLEFIELD, WELLS & BAXTER . J. B.SCHOLEFIELD, SEYMOUR LYNN OFFICES BOISE, C.PA,A.C.A. CERTIFIED PUBLIC 922-3 KEARNS WELLS,C.P.A E. BAXTER,C.P.A. SALT ACCOUNTANTS with “Hara Aherse eon con Woo NEW CITY November tLOn 20, our AT Tike. VY -” ao D8 account oe Da claims Crk. Statute Pare © Sh La «ct NnaAVOS is more Ry ; ba tked heal @ RA "or Las 8 Sduck oO JUS favora claims for filing 38 je 5 Bae up will send them ° “- e po ary Lae oo AND BUILDING LAKE + +. } + Mek! anotner GO tneutnd 1 Very truly e yours, IDAHO — OGDEN, SAN FRANCISCO —LOS 1935. OAKLAND, AGENCIES YORK CITY UTAH ANGELES CALIF. — CHICAGO WASHINGTON, D.C. SCHOLEFIELD, J.B. SCHOLEFIELD, C.P.A.,A.C.A. SEYMOUR LYNN CERTIFIED WELLS,C.P.A. E. BAXTER,C.P.A. FIRST WELLS PUBLIC SECURITY Dear BAXTER OFFICES BOISE,IDAHO AND 11, H. Be Emrick, 923 Kearns Building, Salt Lake City, Utah. SALT LAKE CITY, UTAH CALIF. OAKLAND, AGENCIES NEW UTAH September — SAN FRANCISCO —LOS ANGELES BANK..BUILDING OGDEN, Mr. & ACCOUNTANTS YORK CITY — CHICAGO WASHINGTON,D.C. 1935 Emrick: Your letter dated September 9, 1935 addressed to Mr. Steckel in care of the J. M. & M. S. Browning Company has been handed by Mr. Steckel to us for reply. 1934 by Company the are The surtaxes paid for various stockholders listed as follows: of the years the J. M. 1932, & M. 1932 M. A. Browning Val A. Browning 428.43 54.99 7670 2 576892 34.653. 39.26. 36677 21.39 29.88 40.06 Gene B. Ellis Monida B. Cummings and Browning 81.08 436537) Rachel C. Browning D. B. Patterson Blanche B. Rich Telitha B. Ellis 1933 1933 1934 348.41 John Browning S. 5-41 1499 a7 658: «222.49 76.43 51.30 178.84 167.65 31.29 In this computation the surtax is based upon income after the J. M. & M. S. Browning Company dividends have been eliminated. Several of the stockholders had dividends from other companies and the above figures represent surtax payments made by taxpayers after considering that J. M. & M. S. Browning Company dividends were not taxable. Trust that this information Sincerely GMB :JPC is satisfactory. yours, berm prt, Arti retro, ber J.B. SCHOLEFIELD, SEYMOUR LYNN SCHOLEFIELD, WELLS & BAXTER CERTIFIED PUBLIC ACCOUNTANTS C.PA.,A.C.A. WELLS,C.P.A 922-3 E.BAXTER,C.P.A. KEARNS OFFICES BOISE, IDAHO — OGDEN, UTAH SAN FRANCISCO —LOS ANGELES AND OAKLAND, CALIF. BUILDING AGENCIES NEW SALT LAKE CITY noe ivi @ i =v %¢ 1935 © OL 2t LR Lon SO : ood Co + if I. TOM Pe — Diy, / iow Pa kL LOW >aye) pa+’ ab YORK CITY — CHICAGO WASHINGTON,D.C. % Pt + encrarenenenntnennenener earn a FRU MSU ANNO Scoeueniernciesiventittunersaeaaee ———— > Sa | igen en Ee>” SSRs t AEE ASOEEN < PRRSOW ESTES 7 so DORE (2 Ae ORT DEON ER ETE at Te es Sao USe Sinoneetnnee 6 fp tec CCE TIS eee ee ETE ttteclomaaneiaed, PRAM PETIA BG CEaEatees OAR tootsie CCA A = ee IY SOR OE ES CE Cees t eee CDE OORT NR AS Sn es fear ee ee OTB ee IE NT OO ETO ae i eee TREASURY DEPARTMENT INTERNAL OFFICE OF THE COLLECTOR ym ‘WIT. Mr. LAKE SALT DISTRICT OF UTAH IN REPLYING REFER TO REVENUE M. : A. Browning, c/o J. M. & M. Ogden, Dear January S. Browning Utah. SERVICE City, UTAH 23 ‘ 1936. Company, Sir: This officeis of $15.00, filed in receipt by Monida B. of a refund Cummings, claimin covering Our list indicates that the return was filed by N. and Wife and apparently signed by N. W. Cummings. reason it will be necessary for Mr. Cummings' name on the form as taxpayer. to on It will be the claim forwarded the necessary to have Mr. and the form returned receipt for the amount year 1933. W. Cummings For this to appear Cummings’ signature sworn to this office to be Bureau. We are also in Rachel C. Browning, the the of two claims filed years 1933 and 1934 in in the the case of respective papers this power. noted that the necessary for Telitha amounts of $37.00 and $35.00. Since these claims are signed by John 5rowning, Administrator of the Estate, it will be necessary to furnish this office for the In case of Browning, Ellis to the year 1933 with Telitha the Ellis, in the anount return or have Attorney-in-fact. sign B. granting it of $41.00 It will Mr. be M. is is signed A. Browming of attorney the Kindly give this matter your immediate attention claims may be forwarded to Washington at an early to act in behalf of taxpayer. by M. claim A. B. furnish Power, fi in ee date. Respectfully, Ban er Deputy Bicg inaTCharge. eee that : ® TREASURY INTERNAL OFFICE OF THE COLLECTOR DISTRICT OF UTAH M. A. c/o J. Me Ogden, Dear REVENUE SERVICE SALT LAKE CITY, UTAH IN REPLYING REFER TOT T “WTF , Mr. DEPARTMENT January 24, 1936. submitted by the Browning, & M-. S. Browning, Utah. Sir: Herewith refund claims Blanche Gene B. D. Be Monida following: B. Rich Ellis Patterson B. Cummings These claims are being returned to you for the reason that in each case the form indicates an amount greater than was actually paid by each taxpayer. Your attention is called to the fact that the certification as to payment and amounts is indicated on the reverse side of each claim. It is suggested that you change the face of each claim in an amount not to exceed the amount acutally paid by taxpayer. Respectfully, diols Deputy b in Sym Charge.