, 1873-01-11

lb years Oil, whom Ito commenced t0nGhtnK
nchool, and at IS ho entoretl college ut Circc1i-
caatlo, toaoling country schools Mt intervals to
pny litR why. When tho War brolto out, ho had
just obtained tutorshp Mt tho Stato University
Mt Bloomington, yot lio onliatod as private III
The Fourteenth, Indiana Volunteers, but was
lntlfa,a Volnnteora, mud was promoted In rapid
HuccsBston until lao boca,ne Lieutenant Colonel
Of hiH regiment. 1Io servcd IL Missouri. Arfatl
can, mississippi, 1.oniHiann Toxas, and Virgiuia.
tho lion. A. G. Porter; was atlmittod to tho bar
III 1866, md wns. first elected Reporter or lilo
Supreme Court III 1868, and Is now 8orvlng his
second torn In that capac!ty. Colonel =. Ism
good lawyer, md haa discharged la duties to 10
u good Bpeakor and contributed his full pharo to
tho Republican canvass md tho atrengtil Of tho
Republican ticket.
CHARLES HoHoLL,
Clerk Of tho Supreme Court, was born III Co.
iogne, in 1859. liz received i liberal education,
both in Ills nativo city md In Munich, Bavaria.
Aflor tho troubles in 18l0 llo ilnmiEratcd to iia
country, and located III Warrington County,
1na1, 1n, where ho spont q nomo tmo IN teaching. In
since been engaged III merchandising. Tho fact
ihal lio ran largely aheRd Of lis ticket proves Ills
popularity. He Ii gentleman Of good blsinoas
',ahitR iR a plain, commoll-AonHo speaker, md
officer.
JUDGE JAMES G. DENNY,
Attorney General, was born III Knox County,
1nd., III 1920. 11o was raised OH . farm, com
in tho vinconnes University. In 1864 ho was NIL
mitted to tho har. but waa soon aftorwardn
elected Common Pleas md Circuit Judge. IIe
was District Elector in 1864 mud made thorough
cnryass Of his district. lilo is MI ablo lawyer,
gontio.nnn Of unin,pcnclabe integrity, al weIl
as speaker Of moro than ordinary utility.
JUDGE 4. L. Ospo1NE,
recently appointed the fifth member Of tho Su-
prone Court, WaB born in Waterbury, Conu., in
lilo yoar 1876, lie remained upon n farm Until
lle was IS years old, when ho removed to Woat-
orn Now York, whore he rcmnincd until 1886.
During that yoar he migrated to Chicago, whero
lle read law with tho Hon. William Stuart. In
1886 ho removed to Michigan City, but soon after
resided since III 1911 ho WAS elected by tho
Wlligs to tho indiana House OF Representatives,
and WaH afterwards reelected. Ho nlso Horvcd
for years in tho State Sonato. In 1866 he rofuaod
urged to do go BY Mr.. Oolfax and others.
III 1857 ho was oloctod Judge Of tho 1hporto
Circuit Court, and was ro-oloctod In 1863. In
Tobruary, 1870, llo was nominetoa by tho lepnb-
liesn State committoo for Judge Of tho sn-
inainier of tic Republican State ticket.
Judge Osborne stands in tho trout rank Of the
legal profession in this State, and is ackuowl-
oaged On all handa to bo ono of the ableBt md
most accomplished iuriBta In tho West; man
life las been suc1l as to commend him for tho
high position to which ho Inns boon appointed.
Tho Court is now composed Of four Democrats
and Quo Republican, Osborne being tho
only Republican on tho Supreme Bench at this
TItE NEW REVENUE LAW,
referred to IN my last, mnkos radical change In
our entire .aystom OF appraisnloat Of property
and the collection Of the revenue. So tmpor-
,nattor Of interest to tho public.
Tho laws providing for the election Of Asses
gors, Appraisers Of Ronl Estate, Auditors, and
Treaaurere, as we'll as those providing for Couu-
ty, District, and State Boards of Equalization.
and defining their dutioB and powors, hayo boen
go often amendod and changed thu. it was difli-
cult to ascortain what the l-w really was and
tho duties and powers Of thoBe under it. In
tho new act, tho object aimed ut Is T. moro equal
distribution OF tho burdens Of taxation tnnn
was secured under the old Inv. Heretofore
capital stocks of Railroad, Telegraph, aud Ex-
preRB Companies lnvo almost entirely oBcaped
tnxation; md it Is now estimated that this act,
winch requires re0ppraiAemont Of all property
in the State, real aud poraonal, ut its cash value,
during tho months Of April and May next, will
ncroaao the asseasmont-rolls over $l0o, 600, 600.
Tho present apprascmont OF lande and lots 10
equal, whllo TINT Of railroad property is groBsly
ao,-hundreds Of miles Of now roads not being
assessed ut al. Indeed. nearly 1900 miles Of
railroad property in this State valued ut not 1cHs
than 9100, 900, ,000 has been appraised and taxed
at less than SIC, ,o00, 600 below what
the railroads woro appraised md taxed in 1864,
tho State.
CORPORATIONS TO DE TAXED.
National Banks lavo heretofore been exempt
from taxation for local and municipal purposes,
while Insurance Companies und other moneyed
corporations annually carried beyond the borders
Of tho stato millions Of tue peoples money, les
Hening to tho game extont tho 1tato'a taxah1es,
and without contributing cent to her roya-
nue.
Tho provision declaring that tile p1,aros of cap
ital stock OF any bank or banking institution Or
ganized under the law8 OF tho State or United
States, shall be asBeHHed and taxed for al! pur~
poses, tho Same as other property II tho same
locality IL tasef olcitod spirited discussion in
both branches OF the Legislature, but waB finally
carried,-ths members wisely determining to
leave tho question Of its consttutionality to tho
Courts, instead OF voting tho measure down, as
previous Legislatures had done.
Tho old Branch Bank of tho State ia exempted
from all taxntion by it's chartor, but it hhs no
branches now doing busineaa undor ita charter,
other than closing itB business, nnd that will
soon be accomplished, as its chartor oxpircs by
Limitation In few ycars. In short, this net
viduals.
Tho act also impoaeB heavy pona1tias upon tho
officers OF corporations when it alall bo proven
that money has been contributed by thom to &C.
euro the election or defoat Of any candidate for
or official action OF any kind forfeit its charter
or other franchises, disfranchising Its oflcess il
residents Of tho State, and il not roBidonts rem
doring them incapable Of doiug any official act
within tho jurisdiction Of tho State.
CHANGE IN TIE TIME OF AprRA1sEMENT.
Tho timo Of apprasoment iB changed from the
1at Of January to the 1Bt Of April. Tho arg,l-
ment in favor OF this change IL, TINT farmers
have not, as a rule, disposed Of their crops by
January, md consequently arc III lobt
Mt TINT 1ato fo t],eir grocnrs amithu
ind merchants (not unfroquontly hav-
Ing Payments, to mako upon lauds), aud
wero compelled to liht tholr property ut its full
value. without tho privilege Of doaucting the
dobta incurred in producing it. Agsossmcnts
can 10 ma1o much cheaper during tho month Of
April or May than during the, shorter days In
january, February, aud h1arch. Tho further
o1penao Of tile April term Of tho Board of Equal
izatlon, involving an extra session Of tho Board
Of comrniasonora therefor, will DO avoided, md
tho assessments closod just In time for tho rog-
rlar June tornl, when both tho real mud personal
property can be equalized by tho Same Board.