The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1888-06-26
DOWN COME THE TAXES.
WHAT WILL RESULT FROM THE
WORK OF ASSESSOR SMITH.
Chairman Slaughter Demonstrates by
Accurate Calculation That the Pro-
tests of Property Owners are Prema-
turely Raised.

As the assessment rolls ascend the tax rate
descends.
A large number OF property holders have
been no little disturbed on account Of the
increased valuation placed upon their hold.
ings by Assessor Smith.
They will not appreciate tho assessors
good work until the time comes for them to
pay the taxes "a their property.
Then they will see that the burden OF sup
porting the State has been far more evenly
divided, and that the amount they have been
paying heretofore has been greatly reduced.
Chairman Slaughter In conversation with
an APPEAL reporter yesterday, stated that,
calculating that the new assessment in the
county would reach $40, 600, 600, he would be
able 10 recommend, at the next session OF the
county court which will begin next Mon
day, a reduction OF at least per cent.
The county tax now is 80 cents in the city
with cents extra in the country, road
tax. This will be reduced to 20 cents; the
State tax, now IS cents, to 20cents Memphis
4 Ohio railroad bonds from TO cents;
Memphis 4 Ohio railroad sinking fund, from
TO cents; Memphis Il Raleigh road bonds,
from to l cent; turnpike tax, 10 cents, sta
tionary; interest on bonds, cents; bridge
tax, from 10 10 cents; Jail tax, cents, cx-
tinguished, making the total for county and
State Of 81 cents, az against 81. 80 at present.
Chairman Slaughter is quite hopeful that
the assessment figures will go as high as
81, 00O,0 600 II so, the levy will be reduced
still lower than the above figure.
The reduction for the county will take
place as stated at the next term Of the county
court, but the Legislature will have TO con-
vene before the levy for the city, which IN
now $40, can be reduced.
According 10 the calculation on basis OF
$40, O0O, 900, the reduction OF one-fourth as
compared with the present rate, or instead
Of the taxpayers OF the city paying, as they
do now, S37 per 81, 600, they will only have
10 pay under the new assessment $2770, an
appreciable reduction Of $3.50
The board OF equalization hopes 10 finish
up its work by Wednesday night.
Yesterdays CHANGES.
y. r. Eskridgc, 81 acres, south side OF
railroad, Fourteenth district, from $500 to
s., 500.
Mrs. Margaret Manning, 30x74 feet, north
north side Of alley, from 81, 500 to 81, 600.
]. w. Chase, 10H acres, east side OF Col
lege and Monserrat avenue, from 5000 10
g., 500.
w. T. Bowdre $4,000 feet west side Well.
ington street, from 81, 500 to 5000.
w. Jack, west side Florence avenue, from
| 81, 300 TO 81, 900.
Mrs. Kate Cavanaugh, 56lxSGi feet, south
SIDE College avenue, from 5000 10 $500,
and 325x305 feet, north side same avenue,
from 81. 500 To 5000.
l.. NJ. Dean, 3 acres, Fourteenth district,
| from 5000 10 81 900.
l.. II. Peters, 10 acres near Gins Station,
from $1,000 20 5000, and 90 acres near
same from 5000 70 5000.
Mrs. s. A. Smithwick, 49xl4s feet west
side Wellington street. from 49, 600 TO ~, 600.
III. s. Bowen, 50xlis feet, corner Adams
and Manassas streets, from q, 900 10 81, 600.
John Mahon estate, 7ixlOs feet, west side
Main street from 5000 10 81, 500.
Sallie J. Myers, lots 2s and ~, Third street,
from 81 200 10 $1,000.
| Howell estate, corner Latham and Walker
avenues, from 500 10 5000.
John CASTOR, 81 acres Latham and Walker
avenues. from $4,000 20 $4,000.
Mhoon estate, corner Georgia and Latham
| avenue from s25, 900 10 60, 600
Holmes Cummins, Latham avenue, from
$i5, 600 TO $4,000.
ID. =. MADDEN, seven acres, Latham avenue
from $4,000 10 $4,000.
Mcacham 4 Goyer, Latham avenue, from
| 81, 900 10 5000.
A. @. Dennis, Latham avenue, from si5,
900 10 si2,O00.
Nelson 4 Raine south side Union avenue
from $500 10 1000
Memphis Water company fixed at $3.50, 600
George Schmalzricd, iGSxi2O feet, from
e., 400 10 ti,O00.
Mrs. Kate Anderson, lot 3, l03xi2o feet
south side Spring street. from $500 K
| 81 900.
w. NJ. Randolph. three aud one-sixteentl
acres Lucy avenue, from 5000 10 5000
six acres south side Lucy avenue. from
$1,000 20 1850, lots 80, 81 and S. Lucy ave
nue. from 5000 10 5000, and fifteen ant
one-third acres, east side Trigg avenue, from
$4,000 TO 5000.
oyerton \ Grosvcner, lots 1, 2 8 and 4
Eighth street, from 1900 TO 81, 500.
Equitable Gas company, FAX acres, Nc
Lemore avenue, from $1,000 10 $4,000.
Geo. Elliott, bjf acres; east side Mali
street, from 5000 20 $4,000.
J. 7. Young, acres, Appeal avenue, from
| Al OOO IN Nm