The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1899-08-01
TAX BOARD SATISFIED
FEELS THAT THE WORK OF ASSESS
ING CORPORATIONS Is WELL DONE.
Figures Showing the Total Assess
ment Of Railroad Track-No
Great Changes Are Made.

The State Board OF Tax Commissioners
feels that its work on railroads, telephones
and telegraphs, express companies and PAL
ace car companies has been well done. The
changes from one year ago have been but
slight and the net reduction on the assess
ment Of railroads has been but $3.50 y661. There
has been a slight reduction in these assess
ments each year and the assessment OF 1888
showed many reductions from that Of 1897.
The total assessment OF main tracks this
year Is $123. 056.5l0; on second main tracks,
So 6S7 40; on sdetracks, 81. SS7, ASS; on rolling
stock. s16, 607, 4sS; on improvements Of right
of way, s.. s23 Gas. The total assessment on
railroads Is Sl54. ,5l3. The assessment on
express companies IS 81. $40, $685. on telegraph
and telephone companies, "a, ga, 3s1; on palace
car companies. s3S3.0SA The total assessment
on all these properties Is s161, 20. 034. in
crease over the total assessment Of last year
of 81. 800. SOC
No great change was made in the assess
meat OF any companies. The Henderson and
the Louisville bridges were both reduced.
The Louisville bridge formerly had four
lines Of railroad pass over 1t, but now there
Is but one. The board reduced the assess
ment for this reason. The Louisville &
Nashville Railroad guaranteed the bonds Of
the bridge and 1t Is really taxed as part
OF that road. The main divisions OF the
Pennsylvania lines were Increased, but by
reason Of the change In the manner Of re-
porting reductions were made on some Of
the small branches this year which have
heretofore been reported as parts of the
main branches. The Chicago division was
increased $500 The general assessment is
a slight reduction The Terre Haute SC
Lcgansport, the Louisville, Evansville g. ST.
Louis Consolidated IL the same as last year.
and the assessment OF the palace car COM
panies OF last year was not changed. The
Fort Wayne & Jackson road was reduced
rolling stock. The Elkhart * Western was
reduced 81 600 mile, and the total reduction
on the Logisville bridge was $4,000 The
Louisville. New Albany a COrydOn road was
/ reduced 500 mile on side track and 81, 00O
q mile on main tracks. The Anderson Belt
Line was reduced 5000 mile; the Sturges,
Goshen & 81. Louis, $1,000 a mile; the Wa
bash. 500 a mile on rolling stock; the Hen
dersoa Bridge Company, $4,000 a mile; the
Gosport and the Island Coal branches of the
indianapolis & vincennes. $1,000 mile on
main track: the Eel River road, $500 a mile
on rolling stock; the Columbus, Hope &
GreensbuTg. 81 eco a mile on main track, and
the Falkland, Franklin * Martinsville, $50
on rolling stock The Orleans West Baden
& French Lick was increased $500 a mile;
the Michigan Central. $50 mile; the mic
kel-piate," 81. eco mile; the Central Union
Telephone Company, so a mile. and the
Western Union Telegraph Company, $50 a
mile.
The members OF the board feel that their
work has been conscisntiously and well done
and that the assessment is a very fair one
me changes from last year are but few
factory 10 the roads, as there were fewer
appeals this year than Is ordinary.