Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1880-10-02

Nh. Y~srinston. Superintendent Of the
Virginia and Tructse Railroad. was be-
fore the Storey county Board Of Equal.
cation ct II o'clock today. he said the
railroad had put in its main track at
Sl2. 500 per mile and its side track at
$4,000 per mile; that the Assessor had
raised these valuations to SIS. 900 on the
main track and $4,000 on the side track.
All Mr.. Ysrington had to say to the
Board was that last year In Storey
| county the road was assessed at $25. 600
DER mile Of its main track, on . basis of
its profits the year before. which were
put In at about $500. 900. He took the
around then that such Q basis was not
the correct one, a. 10 was ohangssbls.
In two years there had been . great fall
ing Of Of the profits Of the road. but a.
the precedent had been established OF
taxing IL according to Its profits. be
wished IL to DO followed this year. He
| did not ask Q reduction on the rolling
stock or personal property. Hs appre-
| ciatsd the fact that the road ought to
pay taxes the Same a. individuals; but
since last years basis was. In some
measure ut least, the earnings OF the
road, it would DO but fair to follow 1t
this year.
In Lyon county, no said. the assessor
rated the main track ct SIS 900 and the
Board reduced Il to $l2. 500. In Ormsby
county it had been reduced from $l6.-
900. a. assessed In Storey county. to
SIS. 800 for main track and side track
was $4,000. He would say further that
| the reduction In Ormsby county had
been based on the profits Of ths road
last year. The statement had been hlsd
and 1t was, - he felt very sure,
$556. 000.
Assessor Skyrms said he assessed the
road AZ nearly ~ be could on the basis
Of the recsipts in 1873 and taking into
account the value OF the road ~ . whole.
He stated further that the statement VI
last year had been promised him by Mr..
Yerington. but he had not received It,.
The Board took up some little time In
discussing what should be the basis Of
the assessment OF the read. and the law
was quoted.
Mr.. Ysrington said be would not con.
tend that the road should not be taxed 1T
all IL II earned nothing ; yet a. the basis
OF It's earnings made = large factor In the
assessment last year II ought to be al.
lowed to enter into the consideration oil
the Board this year.
Mr.. Ysrington further said that there
had been . great falling Of OF the bust.
ness Of the road this year over last year.
1t was very low In june. and September
Of this year had been the poorest ever
known. Still. be was willing last years
earnings should be considered by the
Board. Should the hrst six months Of
this year be taken II would be very much
less. On the town lots OF the road be
had placed the valuation u the Board
~equalizsd IL last year. although real
estate had greatly deprecated.
The books were examined and this
statement verified. Assessor Skyrme
said he had generally reduced values
about ten per cent. from last year. but
where people had placed their own ssti-
mate on property the same - last year
he had allowed IL to remain the same.
Mr.. Ysrington asked that the assess
msnt in Storey county DO $l3.S 800 on
main track and $4,000 on side track. the
same a. in Ormsby county. In Lyon
the Board had made 1t $l2. 500 but he
thought they figured the matter . little
more closely in Ormsby county.
The Board took the matter under ad-
vissment and probably the Ormsby
county figures will prevail In Storey
Il eountv-