The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1898-06-25
VALUATIONS RAISED.
INCREASED VALUATIONS MADE
ON MERCHANDISE STOCKS.
Aggregate of S13, 9oo-A Number of
Reductions Also Made-Protest of
the Home Fire Insurance Co.

The county board of equalization
Yesterday found sufficient cause for in
creasing the value of nine separate
stocks of merchandise an aggregate of
$4,000. For failure to respond to eta
tions, default was entered against five
merchants, and their stocks We're taxed
to the limit proposed. The derelicts
were: L. c. and S. V. Trent, raised
from $1,000 to $4,000; P. A Sorenson,
from IS. 700 to s.. 1000; Gable Piano COM
pany, from $3.50 to $1,000; Cornforth
e. Pond. from $500 to $1,000, and the Ell
gin Dairy company, from $3.50 to 1000.
By consent of Heber ]. Grant & com
pany their office fixtures were taxed on
a basis of $3.50.
Three firms answered the citations
served on them and showed cause why
their respective stocks should not De
valued as high as the board proposed,
but higher than the assessors returns.
w Jenkins & Sons stood a raise
from 81, 600 to 81, 500; Galloway, Hoock
& Francis consented to a raise from
Sc. 900 to 81, 900, instead of $4,000, and
the Western Cycle company made no
objection to paying taxes on a basis or
81. 200. instead of $3.50. The board in
tended to increase the value of the
Jenkins stock in trade to $1,000 and
of the bicycle company to $1,000.
Armed with their rebutting proofs
and persuasive eloquence, Kelly d Co
and A. Hollander convinced the board
that no reason existed for raising their
values from 81 600 to $1,000, and from
81. 600 to $500 respectively o. j. Sal
isbury demonstrated to the satisfac-
ton of the commissioners in eQuallZa-
ton that the intention to tax him for
$4,000 worth, as against nothing, or
money and other personal property not
otherwise assessed, was without war
rant or justification.
IMPROVEMENT VALUATIONS RE-
DUCED.
The S. S. Walker Estate company,
owners of the Atlas block, complained
of the excessive valuation of the build
ing at SCI, 200. 1t was cut to $4,000,
sum more nearly approximating the
cost. The Salt Lake theatre, assessed
at $4,000, was cut to $4,000, to more
nearly proportion its value to property
of relative worth in the business dis
trict. A reduction of $1,000 from $4,000
was made on A. e. Hyde's dwelling
house, and the assessed valuation of
Alice n. Taggart's house at S1,70O was
ordered placed at 81 900. Eight hun
dred dollars was taken off the value of
DAYTON, Smith & Co.'S building. In %
other cases improvements were re-
duced in value to the total amount of
5000.
The Grant Soap company's personal
property was cut from $1,000 to $500,
and 20 other compliments secured re-
lief amounting TO $1,54S.
To correct an error, the assessors re-
turn against lot l. block q, plat F,
owned by II. w. Lawrence, at $4,000,
was adjusted at $500. The piece of
realty was valued last year at $1,000.
OF the nine Cancelled mortgages
stricken from the rolls, o. ]. Salisbury
ct al. owned one of $S.373; Mary E.
Shurtliff claimed relief to the extent
of 81, 185, and Elizabeth B. Harker held
one worth $1,000. The six others aggre-
gated s2,222.
AN EASY PROBLEM, PERHAPS.
Heber j. Grant, president of the
Home Fire Insurance company%bf Utah,
and H. G. Whitney, its secretary, ap-
peared before the county board of
equalization yesterday to protest
against a proposed increase of $4,000.
on the Home company's valuation for
taxation purposes. Mr.. Grant took the
ground that the assets of the Home,
amounting to s2S5,000, being invested in
such institutions as u. C. NJ. l., the
Not he