The Wilmington daily Republican. (Wilmington, Del.) 1890-1902, 1898-08-04
ADAMS TAX E
FIGURES.
What Revenue They Will
Yield the City and
i. County.

The assessment of investments under
che new Adams tax law has been COM
paeted, and these who have watched the
developments of the law and heard the
claims made for it when 1t was before the
General Assembly for consideration are
surprised at the small amount which will
b received by this county from taxes col
aected under the new law There are sew
oral reasons why this is true. Oae of them
d that It is new law and the assessors
did not have time under it to make as
thTosEgh an assessment as they will in the
future. Another reason is that only in
tsrest-bearing investments are taxed I'M
der the law, and in the hard times which
have recently been felt number of in
ysstments have ceased to ., If interest.
Under the law the county "ll receive
about enough money to make up the In
crease In appropriations made this year.
T. The complete assessment Is as follows:
st. Georges-Stocks. $27,74L75: bonds.
$7s.073.45; mortgages. sl35 ,OG3.2l; mscel-
.laneous, $12,33l.25; aggregate, 1858. 2l2 &C.
Wilmington hundred-First district
Stocks, $635,377; bonds, $21S ,O26; mort
cages. 1896. 1871 miscellaneous, sS1. 59i; az
gregate, 1884. 764. Second district Stocks.
67.96373; bonds. $685. GO5.25; mortgages,
1854. 69S.29; miscellaneous. $1l,S26: aggre-
gate. 81 .1GO O97.27. Third dstrict-stocks.
1884, 92: bonds, s71O.66O; mortgages. 3d.
'Is9.430; miscellaneous. $1S5.497; aggregate.
.$6,721.O79. Totals for hundred-Stocks. ST.
.ss7. s35.1s: bonds, .s1,124.2el25; mortgages,
gregate Of assessment for the three dis
tricts, $685., s40.27
Observation-Disclosures none; bonds
t5SS.75; mortgages $2.273.51; miscellane-
Gus, none; aggregate. s2.S26.26
Blackbird-Stocks, none; bonds, $780,
"; mortgages. s2.l75; miscellaneous. S5.-
1lS.75; aggregate, $9.494.5O.
Brandywine-Stocks. none; bonds, So
6sS.25; mortgages. 1924 sol; miscellaneous,
1865; aggregate. s40S, ll5.25.
/ Christiana-Stocks, $21Ol345 bonds,
$A55 .265.75 mortgages, S4l7OS7; mscellan-
sous. $l3o36;; aggregate, $9OG,4O2
Mil Creek-stocks, sl3,79O62; bonds.
$3S5S.75; mortgages. sl55. 2S3; miscelane-
Gus, 81. 44l.SS; aggregate, s215,3l41O
: New Castle-Stocks, $56,34O; bonds, $54,-
Bills; mortgages. SCI, 4l6.SS miscellane-
Gus, $33750; aggregate, 1892, 475.63.
Pencader-stocks. $2,625 bonds, none;
mortgages, $23,O39; miscellaneous, none
aggregate. 246G4
Red Lion-Stocks, $7,425; bonds, SIS
2lS.5O; mortgages. $47.s79.5O; miscellare-
Gus, $500; aggregate, s7l EOS.
White Clay Creek-Stocks, s9G,599 %;
bonds, $5S,75O05; mortgages, $2j6,5 GA
miscellaneous, $G5455O; aggregate, snS-
Icsi4
Total for county-Stocks, $1,913.S 1873 so;
bonds, $lSS2Sl2.25 mortgages. $S,4l7359.
g.; miscellaneous, 1868 .O7G.Sl; aggregate.
si2.5s5 .1222o.
1t will be observed from these figures
chat the total assessment in the county is
$l2,5S5, 1872. which at 80 cents on the 500
would yield s37 1886. The bills for taxes
under this law are subject to the same dis
counts as bills for taxes on real estate,
n paid within a given time. and DER
centum rebate will be allowed on all taxes
psid before October /. 1t is expected that
all Of the taxes levied under the new law
Will be paid within the time named so
that the total yield of revenue after the
per centum is deducted will be S35, SCI. 60. \
Oh this net amount the state, under the
haw, gets one-fourth, which would be |
$S.966.9O The total assessment in the CITY
d Wilmington, or more properly, in Will |
nsington hundred, Is $9.S22 1907. With !,
The 5 per centum deducted this would |
yield in taxation s27,734ll. OF this amount
tho city Of Wilmington, under the bill.
receives onc-hall. wlich would be $l3,sG7.-
~. The amount which the state receives
and the amount which the city OF Will
nington receives added would be s22,-
Sa.lO, which taken from the total amount
collected in the county would leave the
county $l3,O23.5O 1t is estimated by those
who are familiar with the subject that
THE fee allowed the county treasurer for
receiving and disbursing the amount will
reach $1,000. In addition to this amount
the two poll tax collectors in Wilmington
hundred were each allowed a salary of
tl.GVO year by the last General Assem-
bly, on the ground That they would have
The Investment tax to collect. These
amounts, taken from the total which the
county receives, would leave but about
10000 to the county, which is nearly the
san!e amount as the increase in appropri-
ations over those Of last year It is ex-
pected, LoNcyer ,hal tho neg, assessment
VIII he mU,h larger anl that much better
results wll he sa,'u:c /,
THE G..o.. Sjos of Tie assessment we're
yesterday signed by the clerk OF the peace
AMI t:"&, over 10 tho tax collectors for
collection
|
Paying the Adams FAX.
Collectors Donahoc and Dickey
yesterday afternoon received the Adams
lax Duplicates and HcIGu the work Of col
eclinR the assessment this morning. Mr..
Qonahce received tho first money from
feorge il. Jackson oil the Seventh ward