The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1897-08-21
STATE TAX BOARD FIRM
1T MAKES BUT FEW CHANGES IN THE
VALUATIONS 1T FIXED.
The Gas Company, Street Car and
Central Union Telephone Company
Assessments VIII stand.

The State Board of Tax Commissioners
yesterday continued the hearing of petit
lions for the reduction of assessments as
liked at the early part of this years ses-
sion. a score of corporations had represen-
tatlves or written petitions to plead for
them, but there were few cases where the
petitions were granted. The following are
the cases considered and their disposition:
Home TelIohone Company, of Columbia
CITY; Assessed at $50 mile; unchanged,
e Lake ERIE q Western Railroad. Petition
Tor moo ~ ION of assessment of 50 800 a mile
on rolling stock; petition denied.
Western MON Telegraph Company. AS
sessment of 1925 Il mile; UNCHANGED.
Elgtn, Joliet & Eastern Railroad. Assess
changed.
Louisville Evansville e. St Louis Consol-
dated Railroad. Assessment of $4,000 q
Bedford Belt road. Assessment of $40 900
mtfe; reduced to $l4.000
Chicago IL Calumet terminal. Assessment
OF $4,000 q mile; unchanged
Kentucky d Indiana Bridge Company. AS
Sessment of 100000 mile on second main
line; unchanged.
Elkhart & Western. Assessment of 500, 600
mlTe reduced to coo.
Monon. Petition for reduction of assess
men OF $1,000 a mile on the main line, from
M Sni to MICHIGAN City; unchanged.
Chicago d West Michigan Railroad As
sessm zen of rolling stock reduced from Sl,50
to $40 a mile.
or $4,000 a mile on main line and $3.50
mile on side track; unchanged
Central Union Telephone Company of In
99iga1 ID 1I Assessment of $3.50 a mile for
New York, Chicago & St Louis (Nickle-
plate.) Assessment of 1872 600 a mile on main
track, 3,OOO mile on side track and $50
a mile on rolling stock unchanged
St. Louis. indianapolis q Eastern. Assess
$1,000 a mile on side track unchanged AS
sessment Of $1,000 a mile for rolling stock
reduced to $500.
Indianapolis Gas Company. Assessment
unchanged.
Citizens Street-railroad Company. Assess
ment of 100000 unchanged.
The tax board will adjourn finally next
Thursday. Monday petitions for modiflca-
ton of assessments will be heard from a
number of Othe$ corporations, including the
wabash Railroad, the Louisville e. Nash
vile, Adams Express Company, American
Express Company, Wells-Fargo Express
Company and the National Express Com
The Board yesterday afternoon list
ened to plea from Ferdinand Winter
for a lower assessment upon the property
OF the Citizens Street-railroad Company
1t will be remembered that two weeks ago
the board increased the assessment of this
company from $1,90O,O00 to $4,000, O0O He
complained that the board had assessed the
street-car property at a higher figure than
that of the Union Railway Company. He
also compared the assessment with that of
six of the principal railroads of the State
and argued that it was higher than any of
them except the Pennsylvania and Fort
Wayne. He spoke of the fact that they
had perpetual franchises. while the Citf-
zens' Company will within two years be
without home. He spoke of the great
unpopularity of the road and declared that
1t had been made the target of adverse ac-
ton in the Legislature and the City Coun-
Gil, but expressed the hope that the boards
high sense of justice would enable it to see
the matter in its true light
+. b. Carpenter, general solicitor of the
New York Chicago & ST. Louis Railroad,
made a plea for a lower assessment of the
Nickel-plate. The board this year raised
the assessment $1,000 and Mr.. Carpenter de-
clared that at this rate the total earnings
would be absorbed by the taxes. He de-
clared that the road made a poorer finan-
cial showing than any others in the State,
and yet there were only four roads taxed
on higher valuation.
John T. Hays, of Sullivan appeared for
the st. Louis, Indianapolis & Eastern. the
narrOw-gauge road generally known as
Perry Blues railroad. He declared that il
the State could make the road earn dol
lar it could have it. It's earnings had not
eQudled it's operating expenses since 1891