King's Business - 1963-04

“ Darling, that was an awful lot to do for folks who treated Him so. And I have been hurting Him, too, by forgetting about His love and what He did for me. But we do both love Him, don’t we, Mary? And shall we try together to show Him that we do?” Mary’s blue eyes smiled up at him happily. Then some of the troubled look came back into her face as she said, “ But Mother said she had heard about God. Do you suppose she knows that Jesus is alive?” Early "And very early in the morning the first day of the' week, they came unto the sepulchre at the rising of the sun" (Mark 16:2). Angels "And [M ary] seeth two angels in white sitting, the one at the head, and the other at the feet, where the body of Jesus had lain" (John 20:12). Stone "And they [the women] said among themselves. Who shall roll us away the stone from the door of the sepulchure? And when they looked, they saw that the stone was rolled away: for it was very great" (Mark 16:3, 4). Tomb "Now in the place where he was crucified there was a garden; and in the garden a new tomb wherein was never man yet laid. There they laid Jesus" (John 19:41, 42 R .V .). Empty "And they entered in, and found not the body-of the Lord Jesus" (Luke 24 :3). Resurrection "Go quickly, and tell his disciples that he is risen from the dead" (Matt. 28 :7 ). Mary’s father turned his head away from the anxious look in the little girl’s eyes. She could not understand why he held her so tightly without speaking for several moments before he was able to smile at her and an­ swer quietly, “We must talk to her about Him, mustn’t we, Mary?” This is how it happened that be­ fore a month had passed, there were three in that mountain cabin at Gold Rock who loved their wonderful Sav­ iour. A little child had carried the “ good news.” E A S T E R S T O R Y A C R O S T IC

D I D Y O U K N O W Y O U C A N G I V E A N D G A I N ?

Assume that you bought stocks in recent years at a cost of $1000.00.

By reason of inflation, etc., they are now worth $3000.00.

If III« slocks are sold, Ike profit of $2000.00 (difference between the above $3000.00 present value and the $1000.00 cost) would be taxed at capital gain rates running up to 25% or $500.00 on this profit.

‘• T A X I E D

B ¿olaPeceipt NOTAX _

If the stacks Instead are given to Biola, a Christian organization, then the donor's income tax deduction is the entire current value ef the property, $3000.00, even though his cost was only $1000.00.

The law allows this liberal result in order te encourage contributions. The doner is excused from paying tax on the above gain of $2000.00 and bis reward is a $3000.00 income fax deduction even though Ihe property cost him only $1000.00. (The same rule would apply te any property, for example, land, jewelry, etc. which had increased in value.)

STEWARDSHIP DEPARTMENT The Bible Institute of Los Angeles, Inc. 558 South Hope Street Los Angeles T7, California □ I arrr interested in more information about Biola and its diversified ministries. Q I would like to know more about how I can give to Biola and gain tax reductions. NAME ............ ......... I ..................................................................................................................- ADDRESS .................................................................... I ......................................... ...................... C IT Y ........................................................................... STATE ....................................................

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APRIL, 1963

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