The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1894-08-28
BANK ASSESSMENTS REDUCED.
But Not the Amount Petitioned For
Applications Acted On.


Applications Acted On.
The county board of equalization yester-
day reduced the assessment on bank stock
from 20 to % per cent. This action was
taken on petitions from all the banks IN
the city, reading as follows:
Whereas this bank has been assessed
upon a valuation of 20 per cent. of its capi-
tai. surplus and undivided profits, aud
whereas said valuation is largely in excess
OF the valuation placed on other like prop
eTty in said county by the assessor, and
whereas said valuation is largely IN excess
of the valuation placed upon the real
estate and the Improvements thereon In
said county. and whereas the assessor has
allowed to certain banks exemption not
allowed TO this bank, thereby dIscriminat-
ing against this bank, now, therefore, this
bank requests that your honorable board
reduce the assessment of this bank to
valuation OF 80 per cent. of its capital, sur
plus and undivided profits, less exemption
allowed by law"
The board rejected all the petitions, but
issued an order correcting the bank assess
ments from 20 TO 60 per cent. In discuss
ing this question, with which the board
struggled for three half-days, the CON-
mittee from the city council took part and
materially aided the members in reaching
their conclusions.
The following applications were acted on
by the board:
Samuel Observation-Disclosures granted to
$50 lot.
Edward Brady-Improvems stricken
out; balance rejected.
John Johnson-Exemption on Swedish
church property; granted.
Hinckley block-Assessment raised
about s. 600.
ifsr rasa cd
second reduced to $3.50 lot.
/. W. +. Williamsburg tract granted;
second rejected.
III. W. Harmon--Granted in part.
Gus Brown-Personal; reduced $1,000.
LAKE Shore Lumber Company-Reduc-
ton on personal, $500.
Church of the Immaculate Conception,
OF Ssattle-Exemption granted.
Frank Doran-lmproyemen reduced
$500.
Miss Eta NJ. Bailey-Granted
T.. ). Ingraham-Improveme reduced
500.
J. d. Acknowledgements re-
duced 800.
b. G. W. Assessment of
Kirkland lots stricken OF as being double
in two additions.
John Convery-Improvemen reduced
$400
Ii. d. X. HadenfeIdt-Granted in part.
g. III. Brown-Granted IN part.
Westberg & Chiids-Reduction of $40
lot.
Henry Bucey-Reduction as TO water
lots balance rejected.
Watson G. SquITe-Granted in part.
Everett Smith-Reduced TO 800 lot
William Biackman - Improvements
stricken Off
Henry western-Farm lands reduction
granted.
Thomas Boyd-Granted in part.
John Rines-ImprOvements reduced
500
J. ID. Thomas-Farm land granted.
ID. Keeier-Granted as 10 improvements.
Luke McRedmond Farm lands granted.
Miss A. NJ. Foster-Improvements re-
duced 500.
Seattle Turn Verein-Granted in part.
Is. ii. Van Horn-Granted in part.
The following petitions were rejected:
William Maidenbauer. c. ii. Black, C.
r. Blame, Fred Koch, John b. Agen,
Charles b. Smith. J. l.. Howe, III. Molin,
j. W. Morris. Robert Htzhenry, f. W
Wald, f. Wilzinski. Myra c. IngraEam.
Sarah b. Yesler home, III. II. Peare for
Seattle Seminary, Ida Davis. +. ". Pre-
fontaine on -. Francis school property.
:. Rosenberg r. l.. Lillico, o. j. Stewart.
Mrs. +. Hunsaker. Providence hospital,
John w. Thompson on the HUI Tract ad-
dition. James Monogue, A. Hull, J.
l. kahs.ey. Men aught Land and Invest
ment Company, William Mcfarland.
Charles Matdment. John Nesior, Fanny
A. Bean, Isaac Lurrie, Mrs. Caroline
Kline, 2. d. Bowers, o. +. Wegener, II.
u. V Hadenteldt, 6. Heussy, Nellie
". Armenirout. J. II. White, Felix ].
Rose. H. NJ. Wheldon, Spencer Clark
COMPANY. +. Demanez, Mrs. VI. A. Tenn
me. Peter Hesser, Catherine Kelly. Fred
koepf. Isaac Parker, Charles Peterson.
A few more petitions have not been acted
on, as the board has referred them 20 the
stafa suditor for his dertSion