The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1896-09-04

ranted attack upon Mr.. Peddler simply
because he gave to this board certain data
which it was necessary for us 20 obtain in
pursuance of our duty. You attack him
because he has helped Is in our inquiries.
If San Francisco had no better argument
TO offer why her assessment should not be
raised than to abuse man of Peddler's
standing then L think it would have been
well for her to have remained away alto
gether.P
After some further slight disturbance
the board settled down to business and
entered into a discussion on property
which it was claimed was under-assessed.
Mortgages and auction sales of property
were introduced and Chesebrough was
forced to acknowledge that in many in
stances there had been bad assessments
made.
In the matter of valuation placed upon
the property of the Standard Oil Com
pany, which according to the license paid
on sales should be assessed for $3.50, 600,
whereas it was assessed for but $40, 600,
Chesebrough claimed that he was unable
to account for it, as he was not familiar
with the method pursued by the board in
arriving at their conclusion.
In defense the representative of San
Francisco read list of property which
had been assessed for more than its value.
For instance, property of Townsend and
King streets was assessed for $13S, 260 and
for over three months had been offered on
the market for $4,000. Property on
Howard street, near Steuart, was assessed
for $S4S0 and for sale for $40, $50. Property
on Valencia street, near Sixteenth, was
assessed for $3.50 and was sold for $4,000.
Property on Kearny street, near Sutter,
was assessed for SAG 000 and sold for $52 500.
Then the olive branch was extended,
and the board adjourned until o'clock
At the evening session Equalizer Beamer
introduced list of 132 pieces of land
mortgaged IN the sum of $500, $40 and
assessed for $241, 800, and forty nine pieces
of property, situated south of Golden Gate
Park mortgaged for $93, 395 and assessed
for $4S, $3.50, or 80 per cent of their value.
The assessment on this property was re-
duced by the Roaro of Supervisors on an
affidavit made by Assessor Seibe to the
effect that the proportionate value of the
property south of Golden Gate Park ex-
ceeded by 80 per cent the average value of
assessments on the roll of real estate, and
III view Oh IH1S Tue DOdIQ Vi 0uDGIVlSOTS
granted 80 per cent reduction, and, as
the Board of Equalization has ascer-
tanned that previous to the grant
ing of this reduction the property
was assessed for only 20 per cent
of its mortgaged value, they became con-
vinced that the entire property of San
Francisco must be assessed at ratio but
little exceeding so per cent of its true
monetary value and in consequence de-
manded en- investigation. They also
claim that Assessor Siebe had no right to
make this affidavit and forwarded notice
to that effect.
On S anford Heights and Sunnyside
forty-six pieces of property mortgaged for
$79, 755 were assessed for $34 930-less than
A per cent of mortgaged value and less
than 80 per cent OF true value. On Van
Ness avenue seventy-four pieces of prop
erty mortgaged for $921,0S0 are assessed
for $579, 410, and then the assessm nts and
property mortgage-rolls of twelve of the
largest holders in the City were ventilated.
They we're: