Is this income?


W

Wallace

NEW BEDFORD, Mass. - The book returned to the New Bedford Public Library in
Massachusetts this week wasn't overdue by a week, a month or even a year. It
was nearly a century overdue, and the fine came to $361.35.

"Facts I Ought to Know about the Government of My Country" was supposed to
have been returned by May 10, 1910.

Stanley Dudek told the Standard Times newspaper he came across the book
while going through things that had belonged to his mother, who died about
10 years ago. He decided that returning the book to the city was the right
thing to do.

The overdue book fine was a penny a day in 1910. But Dudek wasn't asked to
pay it.

The library plans to display the book in its special collection.
 
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D

D. Stussy

Wallace said:
NEW BEDFORD, Mass. - The book returned to the New Bedford Public Library in
Massachusetts this week wasn't overdue by a week, a month or even a year. It
was nearly a century overdue, and the fine came to $361.35.

"Facts I Ought to Know about the Government of My Country" was supposed to
have been returned by May 10, 1910.

Stanley Dudek told the Standard Times newspaper he came across the book
while going through things that had belonged to his mother, who died about
10 years ago. He decided that returning the book to the city was the right
thing to do.

The overdue book fine was a penny a day in 1910. But Dudek wasn't asked to
pay it.

The library plans to display the book in its special collection.
Income to whom?

The estate of Mr. Dudek's mother had closed long ago. The period of
limitations for the library to claim the debt against the estate closed,
and without a debt, there is no cancellation of debt income.
 

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