The Monitor-register., 1897-12-17
NEWS AT THE COUNTY-sEAT.
SALEM, Dec. 16. 1897

los ~ "No ~ ohoh ~ y
create any great enthusiasm in the enter
prise.
The committee who have the matter il
charge was enlarged by the addition OIL
W. 7. Hilliard, M. B. Ayars, Thos. B
Starr, W. B. Matlack and G. L. Sinnick
son, and they now propose to see wha
can be done toward intere sting our mon
led men to subscribe the $50, 600 needed
This, we presume, will not be the easies
part of the undertaking. To raise thi
sum means that so mebody must give a
least SIS, 600, and many others subscrib'
literally, aud with the "pinch' JUS
passed and without anything tangible a
an inducem emf, we imagine the commit
tee have DO holiday job on hand. How
ever, if the protector is solid and able t
carry out his promises, it may not b
such a chimerioal scheme after all.
C. L. Sinnickson and John @. Davi
have each offered to donate sites for tn
factory.
A small child of Andrew Griscon
~strangled to death on Sunday night from
whooping cough, during q ftof cough
ing.
General Secretary Warner of the Y
NJ. G. A., has resigned, to take efec'
Jan. 8, 1898. Now if the directors could
induce W. W. Barker, the former Score
tary, to return and take up the work. we
believe he could make the Association
self sustaining. We understand the
directors are meeting with generous re-
sponses in their anvsss for funds.
The State Board of Taxation gave
hearing at the Court House, on Tuesday
to dissatisfied taxpayers. The Board is
composed of A. H. Shape, President,
G. c. Black, Major CARL Lentz and Fl.
J.. West. a number of complaints were
heard, and relative to taxing bank stock,
testimony was taken aud the decision
reserved.
The tax on the Alva Glass Works,
Salem, which nave been idle for som e
time, was fixed at 81, 900, the assessment
being SIS. 900.
1. o. Acton asked for a rebate on sew
| eral properties belonging to Mrs. Maria
LEakin, which was refused. j. Forman
! Sinnickson asked that the assessment of
VIM. Brown, Jr, of L. A. Creek, be re-
duced from 81, 760 to 81, $50. This was
fixed at 81, 800. Mr.. Sinnickson also
represented several citizens of the same
township in a case that will be heard in
this city on Thursday next. W. T. Hill
lard requested the Board to reduce
the assessment on Caspar w. Thomp-
sons meadow land from 60 to so acres.
The case was dismissed, after hearing Mr..
S%innickson in the defense.
The anniversary of the re- opening Of
the Broadway M. E. church was cele-
brated on Sunday and it was indeed a
jubilee day. Rev. ]. s. Heisler. D. D.,
of Camden, who was pastor in 1S67-69,
preached in the morning, and Rev. j. Fl.
Payran, of Cape May, who preceded the
present pastor, preached at night. We
understand from the trustees that they
still have about 81, 900 to pay on the i'm
provements, and for which they have
subscriptions amounting to about 81, 100.
A young man by the name of Err,
hailing from Bridgeton, went to the
clothing store of 1. M. Bayersdo OFFER on
Monday and bargained for a coa and
vest. After trying them on he requested
the privilege Of taking them to the barber
shop of Walter Kline to consult him
about them, and if they suited he PROM
ised to return and pay for them. Instead
of this he and Arnot Washington took
the clothes and went to Bridgeton, where
the latter was arrested by Officers Buck
alew and Waddington, but Ern is still at
large. When Mr.. Baye-sdorfer found
that Ern did not return in a reasonable
time his suspicious were aroused, and be
at once secured a warrant for Ems
arrest. Ern is a barber and formerly
worked in this city, and it is now said
bQdb u0 WOEk6u LILO SAINT game on q
Bridgeton clothing merchant.
Max Rabinowitz, the Jew, who was
under indictment for illegally selling
cigarettes in this city, and who skipped
| his bail at the last term of Court, was
located in Washington by Detective
Carney, through information from W. s.
Lawson, who was visiting his son at the
National Capital, and the runaway was
returned this morning, much to the
relief of bis bondsmen, Messrs. Davis and
| Sickler.
Auotioneer Casper sold ffty-nine shares
of Salem Bank stock on Saturday after.
noon as follows: 8 shares, Auna Il. Fox.
1929 per share; 10 shares, Charles Hires.
s12S so; 5 shares, A. H. Powell, $12S. so;
6 shares, David D. L~ippincott, $12S;
8 shares. Abner s. Patrick, $12S 25:
1 share, Mr.. Dubois, $12S; 10 shares,
Charles Hires, $127; 5 shares. Chas. R.
Hires, Jr., $127; 5 shares, Letitia w.
Fogg. 1927; 4 shares. David D. Lippin.
colt. 1927; 2 shares, Lydia A. Lippincott,
1927. The railroad stock was not sold.
The W. G. T. U. cleared $50 by their
| festival last week.
There were twenty appeals from stock
holders in the Salem National Banking
| Co., and nine from Stockholders in the
| City National Bank, the former asking
that the assessment per share be reduced
| from 500 to 800, and the latter from
$125 to 800. The Finance Committee of
| the City Council of Salem submitted an
argument that the assessment on Salem
Bank stock u as just and equitable when
| compared with assessments on mortgages,
| that the book value of the stock, taking
the Companies own sworn statement. was
sol. 80 a share; that the stock sold al
from $125 to $3.50 a share, and that the
assessor, in fixing the rate at 500. had
assessed the valuable franchise of the
bank at but So. 68 per share, when inves
tors, by buying the stock at from $125 to
81 80 q share, showed that they consider
ed this franchise worth from $33 6S to
S3S IS a share. In the matter of the City
Bank it was admitted that possibly the
assessment was too high, and asked thai
it be put at $105 a share. They also
asked the Board to establish two rules
for the guidance of assessors: list. How
to assess the franchise. 81. What real
estate valuation should be deducted to
secure the stock value-the assessed
valuation of a banks real estate, or the
value of that real estate as shown by the
banks statement?
W. T. billiard and w. j. Freas, execu'
tors of w. R. Freas, decd, sold a house
and lot on HALLS Avenue, on Saturday
afternoon, to Elwood Collins for $3.50; {
acres of meadow in L. P. Neck to 8. L
Kelley for $75 an acre. aud 4 is 100
acres of m eadow in L. P. Neck to Chas
Hires for $36 an acre.