The Mitchell capital. (Mitchell, Dakota [S.D.]) 1879-1918, 1899-08-04
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The State Executive Council last week
| completed the equalization of the new real
estate assessment the first under the rev.
enue law passed two years ago. The old
valuation of real estate was S411 ,556, ,521.
| This year the assessors returned ya!ua-
ton Of 100000 lower. The Council, in
equalizing it, raised twenty one counties
| and decreased four. AS equaliZed, the
/ farm lands and town lots are valued at
1897 ,297 ,lt7, loss of almostS14, ,0O0 900 from
the old assessments. The members of the
Council consider that the new law has
proved unsatisfactory, and are generally
of the opinion that the taxable valuation
ought to be raised from 25 to 3311s per cent.
of actual values. The assessor returned
| reduced valuations in nearly all the coun-
| ties. The new assessment made the taxa
ton value about S19.O00,0O0 lower than
under the old law. This would have made
large reduction of revenues, and the Ex-
ecutive Council, as board of review. was
compelled to raise many counties.
+ !
The Adjutant General, perhaps the Gov
ernr, and possibly delegation will meet
the Iowa regiment at San Francisco to
welcome them on their return home. 1t
has been suggested that Gov. Shaw and
Adjt. Gen. Byers and party should meet
/ =
the State of Iowa.-as an honor to the gall
/ liant fighters. The matter can be arranged
without expense to the State except for the
military representatives end would be an
appropriate thing to arrange.
t i i
! A Des MOineS special states that the War
Department has Instructed postmasterS in
| this State that no more mail addressed TO
members of the Fifty first Iowa Regiment
| in LuZon will be sent from San Francisco.
| The regiment will be on the Pacific before
mail can reach it. 1t will reach San Fran
cisco about Sept 10, be mustered out there
a month later. and tue members will come
home as they please.
/ /
The State Auditors report of the cond-
| ton of the 1875 savings and 207 state banks
places the assets and liabilities of the
4O2 institutions at SOS, 704,549 each. De-
posts have increased S5,07l 900 since April
creased from $50, 12S,33l to SIT, ,4O5, $685.
They are now the highest ever reported in
the State. Gold coin on hand increased
from April to June 30, Sl22 ,573.
/ / /
Thirty European insurance companies
| have notified the State of Iowa they will
go to the Federal Supreme Court with the
case seeking to prove the unconstituton-
ality of this States insurance taxation law
Judge Shiras, in the Federal Circuit Court,
held Iowa companies must pay annually l
per cent. of premiums received; American
companies outside of Iowa 90 per cent ;
non American companies per cent.
I
The new grade system which the Board
of Control has decided to institute in the
prisons in this State requires three diff
ferent kinds of prison Suts--the stripes,
the plaid suit and the gray uniform. When
prisoners enter the prison they are given
the plaid suits. BY good behavior they
can earn the gray and by bad behavior
they will be forced to wear the stripes.
i !
I President Hartman and Secretary Van
Houten of the State Fair are in Kansas
City to see the Texas rough riding eXnibi-
ton. which has been contracted for the
Fair. 1t is said to be one of the finest shows
OF the kind ever devised.
i / /
The contract Of the American Cooperage
Company to employ fifty convicts at the
Anamosa prison at so cents per day has
been approved by the Board of Control.
The company furnishes its own tools, ever
seerS and power
The mutual insurance interests of the
State are talking of erecting a $50, 900 Office
building i'll the capital city.