The New York herald., 1879-07-08
VALUATION OF PROPERTY.
Annual Report Of the Commissioners Of
Taxes and Assessments.
INTERESTING EXHIBITS.
Decrease Last Year in Value Of Real and Personal
Property About Five Millions Dollars.

The Board Of Aldermen is by law the Board OF Su-
pervisors Of the city and county Of New York. One
of the duties of the City Fathers acting members
OF the latter body. is to meet the first Monday in
July in each and every year to receive from the Com
mssioners of Taxes and Assessments the official
report the value of real and personal property
in this city and also the assessment rolls for
the year 1879. It may be stated here as
curious fact that New York is always
year behind in collecting its taxes. The Board Of
Estimate and Apportionment meet in December and
authorize the issue of bonds in anticipation of the
collection of taxes. These bonds are issued and
generally redeemed when the assessment rolls are
passed upon. which generally takes place before the
succeeding December. The Board met yesterday
and received number of ponderous documents
which had been transmitted by the Tax
Commissioners. As President Mott was about
to announce the reception of the communications
gentleman. who did not give his name. and who
occupied seat at the reporters table. and
began to address the Board. Mr. Mott declared that
he out OF order. and Supervisor Roberts said
that it had never been the custom to allow persons
to speak the floor OF the chamber. He did not
know what the gentleman wanted to speak about.
but anything he might have to say he could put in
writing in the form of protest.
PROTEST..
Notwithstanding the ruling of the chairman, the
stranger still continued to speak. but was finally
induced to sit down. He busted himself for some
time afterward in drafting the following document.
He refused to give his name when requested to
do so:-
The undersigned. on behalf Of the New York Market
the Baneo and other real in
city of New York hereby protests and objects the action
of New YORK. proceeding mis- d. relation 70 Tho ri
of tho OF said hereinafter mentioned
for the following 80 ,.or .r ID ~.
Of the Supreme cSrt to review certain Of the
rsaa 70 sna the Of q ns city
estate therein and that said wrs have been served
sa
ncuded in said alleged ASSESSMENT rolls and il SO to OBJ
ject the ncuding Of said property aud valuations
to % Of
ing any action Of said alleged
jects action proceedings Of said Board of super
ho az h i e @ %
fed in with % section ~ Of sspss1 s2 Of the
Commissioners to said Supervisors as required by said
And the undersigned hereby further protests and OBJ
sssss rolls which
Sy Sas ns 81 Ss s ss board %
undersigned this day had been received from the
Ing said Supervisors had been examined by said
50 ST Sn % s"st 90 aa
u dersigned.
to
visors had this day being illegal and informal in other
and for other hereafter
fully appear j. q. JOHNSTON, Attorney. &c.
Nxw YoRK, July T. 1879
VALUE OF PERSONAL ESTATE.
The communications OF the Tax Commissioners
were accompanied by number of interesting COM
parative statistical and explanatory statements.
showing the increase decrease in the valuation
of real and personal estate 1878. The follow
ing brief summary of the value OF personal estate
in the years 1873 and 1872 with the decrease in each
class, is given:-