New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-04-03

| This is another item that must be provided for
! and raised from direct taxation. and the tax
payers eventually compelled to pay the same.
after the authorities Sinking it for two years in
! the endeavor to secure lower tax rates.
! THE Low TAN RATE.
The records Of the Department Of Taxes and
| Assessments show that upon the completion Of
| the work of assessment for 1894 certain corpora
| tons We're assessed at amounts as in the opinion
of the Tax Commissioners. were just and proper
| bu: in view Of opinion Of the Corporation
| Counsel directed to the Tax Commissioners, in
| which he says Il advise you. therefore. that
| these assessments should not be modified or va
| Gated upon the evidence that is submitted.
1t is possible that the courts may reduce or va
| cate these assessments but the matter is one of
| sufficient doubt to warrant the submission of the
| question involved to the courts. also
| beg leave To advise you that in the
| sessments against corporations which claim
| cmptons upon doubtful assertions, close
scrutiny should be exercised in relation to the
! valuation of assets. ana exemptions should not
! he allowed i'm any case in which the least
| certainty exists: such claimants should be re-
| mitted to the courts. Thi. is intended to cover
all TIE cases about which YOU talked to me in the
| Mayors Office" these assessments were held by
! the Tax Commissioners under this opinion,
|
| year showing a CREATE taxable valuation than
| the Commissioners had originally fixed upon, and
| as a consequence the tax rate for 1894
duced to l.19
| The adiudcations of the court on such Of these
! assessments as have been made up to this time
| have in each case resulted I'm a reduction OF the
| same to the amounts as originally fixed by the
| Tax Commissioners. leaving in consequence Of
such reduction large deficiency which must be
! added t. the amount to be raised by taxation this
| year when the tax rat Is fixed and determined 10y
| the Board Of Aldermen in September next
| Inasmuch as all Of these eases have not yet been
| finally determined ana some Of the largest Of
| them are before the courts, 1t is to be hoped
that the city may be successful in saving at least
| a portion of them. Had the amounts been held
| originally fixed by the Tax Commissioners tax
rate Of about l.s2-;he same as made for 1876
| could have been maintained for 1894, but with the
increased amount. under the opinion IF the Cor
| poration Counsel the tax rate fixed at l'9,
and the taxpayers Of 1895 must pay the deficiency.
LETTERS FROM THE CONTROLLER.
The following are the letters and statements
| from the Controller -
Hon. William l.. strong Mayor ,.,-
Sir: In response TO the request cOnfaircd IN your
| communication OF the 22i inst. ! transmit here
T1n ansFci n0 OF Bonds aaihorzci to
issued prior to December 81. 1894 ,,e....,
| So far : the Finance department Is ln'ofmel.
| none Of the city departments having charge OF
! proceeds OF bonds has incurred any Liability in ex-
| cess OF amounts duly authorized to be eXpend'l
! There are. however. certain claims against the
city. arising principally out OF the acquisition OF
! ton OF which bonds have not Yet been authgrzed
known, as. for cxampIc Mulberry Bend Park Chap
| ter 81, Laws Of 1870. s.522.c5 90 College Place
| bonds were alihorized to be issued by the Board
| OF Estimate ana Apportionment. January 10. l~p
| similar proceedings which have not yet progressed
| bity can be determined may be mentioned WASH,
ington Bridge Park. approaches to Macombs Dam
acquisition Of the several parks authorized by the
! LEGISLATURE % 1894 Certificates have been Med
the Twen,y-hri ana Twenty.foGrih wards amount
ing to ;lo5o. but it IL believed that this Tih prove
| shall be pleased to furnish YOU win any addi.
ional Information in regard to these matters 'h"'
ASHBEL i. FITCH. Controller.
Bonds ana s9e of n" ( 81 S 59 %a,ho[ a by
| hoard u Estimate and Aipor,onmen'. remaining un-
Arm2ry tonas Chapter 30 Laws Of lNNa ,,oo O., -
A ,d a'f @o,an water stock cs-.aa ~
ASdiiionai Water stock fr The s.ni'ar, pro-
lection o. the water supply Chapters ~ oo- oo,
| A., '. ..........'.. 100 90 90
A..essutni b;nds iaT ono 6anarrl-aaaaat'y
Aci' ana Chapcr 80 Law Of iss5."'.." II.13o IL
Rad Gh,p,er iii Laws Of isa4, ......'. 2se2 o.
ayenn.s ".ha",er ~ Laws II $50, .. go 900 %
| Consolidated stock for the construction u
public d.ewsy csp'@s i i.. L'~@ ~ 49, 1901 oo %
| Consolidated stock. entfauc" 70 Central Iaie
! a, Nineteth-st. ana Eghih-aF" Chap''r o.,oo
c9 @s sor '' INK i f"' ps,rc rce
Cour, and Prison. and The Eleventh. judicial ~,
District Court Whap'"r a. Laws - $50. 21A"' %
| Consolidated stock for east wing adlhl'n -
| ~" building ~ ne An i ~ ~, "i',an
1892 chapter as low Of i''a and Chap on coo 6,
co,so M ed s, 10 FOR CONSTRUCTION -
hTidrr over me Harlem River At First
ave- and Willis-ave. Chapter ~. laws 4 .oooo M
cdins1,iIia,,I stock for tho constitution II
GlldFs nc Harlem 's r.. At ,.r' G ,c
| ave approach thereto Whapter 2i1. Laws ,,.. 10
of $500 and cnaper II, Laws 81 lS'3). i26 80 90
srasc essr e M@rs% &. T IaSs ' az ISL g,
chapter ~ Laws q 1870 .............t. 1os"o &"
| Consolidated stock for the construction u "a
| bridge over the Harlem River al Third 49, -,. 40
ave. GhaG'r ,t az t ;y c OF is Of o'
hriaee N4shng,on " - t tse ia 5an,ar H5er
LAVE Of isss chapter 2'9. Laws Of % 7oz O..
| consolidated stock for the purchase Of plan,
making and distributing eeciro5onso s at s,7,co
Kkes Island "hap,rr %oS L@%s al on1 f IIr
| nishng Of the north wing and for rrpairins
/ and altering other portions 81 IN" bniinlhs
." dr ' 21e fn%s Of 1853 .'.....' 5000 90
! Consolidated stock Tor constructing boiler
h9ase and for fe S M,,I s1nT i Mnsd @n%
Of Ar, Whaptcr 40. Laws II ls'2t....... i''' wv
| Consolidated stock for the purchase :"
Wards Island property ''"P''' 80 $50 40
| IA" lrniinN "hl'i,'
| necessary the buildings on Nhrih Ishihh,
and for buildings and hppni iat,7 - roo n,
AZ Central lsllp Whapter 13I, Laws q" ~ ''' "
| Con ~olidafcd stock for improving ne hNI.h-
| 81 Central PARK u Napier 400 N,
| ~ $50 ............... -'"V ~
| Consolidated stock for constructing ,yn-
! housc and wagon sheds in central laIk'
| near Eighty -hrs,- 4nd r"s"'-"'' $500 90
| Consolidated stock for rcpaNing llhn-"'''
! from hundred and thir ty-righi ii-Ni. J."
northern boundary lin" q the J ",In.,,.,
| thId Ward Vhap,cr "o", iSot " Gs sos 0G
! cor e,lidatcd stock for acquiring me i'huf
| I'm tho seventh ward required Tor 'eFI'nI
II,,k PARK (Chaptcr 80. Laws of ~,
chapter 25l Laws 81 1894. ana 'haP'r r, a.a oo
III Laws II lSJ'b "''''' W
Consolidated stock fGt ne" PARKS '',. 80 i7G %