The Colfax chronicle. [volume] (Colfax, Grant Parish, La.) 1877-1981, 1892-06-04
Total. .sEi,S5, $40


Personally. ............... SS,oS,610
Total. .sl7i, s35, $40
The city taxes in 1891, assessed on the
above property, were 81. 9S4, $50, which
is at the rate of SIC rs per 81, 600 Now.
to get rate on land values alone suffi-
cient to raise the above amount, it is
necessary to raise the rate to S34 on each
81, 900 of valuation. In other words. it
increases the rate on land values suffi-
cient to compensate for the loss on
buildings and personally.
How would the present taxpayers
fare under the single tax system?
Let the reader examine these Illus
trations and consider the one that fits
his own case.
COTTAGE PROPERTY. Thomas S. Jor-
dan, of Beaufait avenue, is assessed
500 on his lot aud $3.50 on his build.
ings total, Sl,450: present tax, Sa4 a.
Under the single tax he would pay
S23. so, a decrease of fifty-four cents
David B. Cadotte, who lives two
house, total, 5000; taxes, SIS. Tor sim
gle tax, SIS 80; an increase of twenty
cents
Albert McColgan owns house and
lot on National avenue near Kirby
avenue. The lot is assessed at $40, the
house at $1,000; total, 81 40. He pays
s,3 SO in taxes. Single tax. SLABS.
ID. C. Spaulding. on National avenue,
near Kirby avenue, is assessed $500 on
his lot and $500 on his house, total,
sl,16o. He has to pay $40. a. at present
Under the single tax he would pay
s1l24
VACANT LAND.-Walter Crane owns
part of private claim 80, between the
River road and the Detroit river, and
which is assessed at $50, $50. There are
no buildings or improvements on it. At
present he pays Ss45. IL Under the
single tax law he would have to pay
81. 71L19
The Moses w. Field state, owns
among other vacant lands, 1.173 feet
frontage on Mack avenue, which is as
sessed at 1888. 900. The tax paid on this
is SO, 4704s Under the single tax it
would be STA. O52G0.
Walter Crane owns all that tract of
land lying north of Fort street west be-
tween Cavalry and Campbell avenues,
comprising 80 40-100ths acres The
land is assessed at 500. 900, and the
buildings at Si.95o At present he pays
81, 7fI.2f. Under the single tax he
would pay So, 400
BUSINESS BLOCKS. Hammond
estate owns among other parcels of
taxable property, the tall 10story block
on the southeast corner of Griswold
and Fort streets, known as the Ham
mond block. The land is assessed at
s153, 600. the building at $500, 0Oo and
the personality, which consists of the
furniture of one Office. at S30o-total,
SASS, 900 The present taxation. S7,61s-
50; the single tax would be S.. 222. 40. a
decrease of So, S96.19.
The New berry and Mcmillan build
ing on Griswold street is assessed at
sl46, 600, of which $40, 600 is for the land
and $4,000 is for the building. The
taxes are 50. $50 81. The Single tax
would be So. 5s4, an increase of sl34
The Campau building on Griswold
street is assessed. on the land. $50, 0OO;
building, Ss5, 600; personal, $500; total
sl65, 200. Present taxation, 81. 772. SO;
single tax, 81. 72O decrease of $50.
The McGraw block on Griswold street
is assessed for s155,oOo, of which $780,
600 is on the land and $4,000 on the
building. The present tax is s,,6ol SO.
Under the single tax it would be So 400,
all increase of S19S.37.
MANUFACT PLANTS. The Mich
igan Car Co. the Detroit Car Wheel
CO., and the Detroit Pipe and Foundry
Co. are located on the same property on
Clark avenue. The three companies
are practically owned by the same per-
sons, James Mcmillan and his associ-
ates.- The lands of the companies are
assessed at SOS, 400. and the buildings
and personal property at S4a2, $50; total
assessed valuation. s4Ss.75 on which
the city tax is SIS. 2ol.95. Under the sim
gle tax the three companies would pay
only s., 223. 60. decrease of So, 97S.35.
Pingree & Smith, shoe manufacture
ers, are assessed 500, 800 on land; S45,
$50 on buildings; s145,0oO on personal
property; total ss9i, ESQ On this the
firm now pays S4,s95.26. Under the
single tax it would pay si,664 50, de-
crease of So, 230 81.
Hammond, Standish & Co, the big
meat packers and dealers. are assessed
S55, 600 on land. SIS 500 onbuildings and
si27,6s0 On personal property: total
sa4l. 4so The taxes on this property
are s5.s73.92. Under the single tax they
would be sl.S7o. decrease Of 81, COS 90
psrlse Davis a Co.'S immense phar.