Evening star. [volume] (Washington, D.C.) 1854-1972, 1894-08-03
THE ASSESSMENT BILL
Reported bytheISsnate District Committee
Today.
To Provide a Revision and Equalixa-
fiOn of Real Estate VaIues-Law
Dr. Corporations.

The Senate District committee today re-
ported the assessment bill few amend
ments We're made to it, being a portion of
those PROPOSE b. Assessor Trimble to per-
rect the bill the term of the assistant as
SCISSORS Is increased to four years. and their
salaries reduced to 5000 per year.
Another amendment authorizes the Sec
rotary OF the Treasury to advance the Com
r1ssioners such sums as may be necessary
20 meet their requisition for general ex-
penses. and to reimburse the treasury for
one-haf said advances. payable by the Dis
trict out of the taxes collected. The para
graph which provides that it is "the intent
Of this provision to require the assessment
or all property to be ased on the true value
OF the property-such value as the said
property would sell for on the terms usual
in sales of real property in the District of
Columbia" was stricken out Another
amendment provides that the Commission
ers shall fix the rate of tax, which shall not
exceed the rate fixed by present law. The
other amendments are unimportant and
merely perfect the text.
The bill was placed on the calendar. The
purpose of the bill Is to provide an immedi-
ate revision and equalization of real estate
values In the District of Columbia; also to
provide an assessment of real estate in the
District In the year 1895 and every third
year thereafter.
Its provisions have been published in full
IN The Star several times.
As to Corporations.
The committee also favorably reported the
bill amending the law relating to incorpora-
ton in the District, providing that any cor
poration heretofore or hereafter SO organ
lied In the District may renew it's charter
Tor any stated number of years, not exceed
Ing twenty. by filing in the office Of the re-
corder of deeds of the District of Columbia
certincate in writing duly signed by d
majority OF its trustees and duly acknoVy,
edged, certifying that at the last regular
meeting of the stockholders held prior to
the date OF such certificate, at a special
meeting called for that purpose, the stock
holders or such company, by vote of at
least two-thirds of all the shares of the
stock OF the company, resolved to renew
the charter for a period designated by them:
Provided. That the proposed renewal shall
be approved by the Commissioners Of the
District of Columbia in writing Endorsed
on said certificate, and that a duly anthem
ucated copy of the resolution of the stock
holders in respect of such renewal shall be
attached to the certificate.
The committee also reported the bill pro-
Viding for the reconveyance by the Com
missioners to Andrew J. Curtis and Mary
r. Curtis certain land in the northeast sec
ton heretofore donated for the site OF AID
street
When the bill was reported to the Senate
Mr.. Martin asked unanimous consent for
Its consideration. and 1t was passed.
A favorable report was also made on the
bill authorizing the Commissioners to
lease, to such persons and upon such terms
and conditions and subject to such restric-
tons as they may deem advisable and as
the public interest may require. the ends of
streets projecting into the Potomac river
and the Eastern branch of the Potomac
river and that part of Canal street lying
between the south line of G street and
the Eastern branch of the Potomac river
in said District. the lease to cease II
James creek canal is ever arched over.