The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1899-06-27
Tax Board Completes the Work and
Adj0urns.
RELIEF TO TWO BLOCKS
SOME HEAVY CUTS AND RAISES
AT THE LAST.
Germania Shelters Personality In
creased $50, OUo-Nearly $4,000
From Estates For Cash On Hand
Protests On Business Realty
Raise Awaited Little.

The county board of equalization has
reduced the assessed valuation of tax
able property trifie over 81. O00, 600. and
added 1,120, 900, making the boards
work for the three weeks net the tax
funds approximately $4,000 more in
taxing values.
Adding the net increase, practically
all of which is on city property, the to-
tai assessed value in Salt Lake City is
$29. 420. 600. and S34 700.0 900 for the entire
county. But the state board of equali-
cation has about s2O00.000 in railroad
and wire line properties yet TO report,
in proportions of five-eighths TO the
city and three-eighths to the remainder
of the county. On the assumption that
the state board will not increase values
as returned by Assessor Quinn and
equalized by the county commission
ers, this years taxing values will fall a
trifle under the total assessment for
1898.
Compared with the work of last
years county board of equalization, this
half a million dollars.
Reductions BY Glass.
When the board adjourned sine die
last evening, the total of reductions
showed $500 los, to which will be added
about $4,000 for reductions on bank
capital because of the raise of 20 per
cent on business real estate owned by
banks. The sum of s51 1853 was added
at the eleventh hour to the column of
reductions, on account of resembling the
resolution raising value of real estate
insofar as it applied to blocks SO and
II, plat A, and the further sum of S21,-
600 was added by reducing the Utah
National banks stock to nothing, the
taxed real estate representing the cap
ital.
Attachments of enormously taxed
mortgages amounted to s709,365 per
sonal property. S7s,S65; improvements,
s40,620. and small cuts in real estate
because of errors, S19,092.
Owners of Business Realty Kick.
At yesterday afternoons session of
the board a delegation of large owners
of real estate in the twelve business
blocks, which was subjected to a raise
in value of 10 to 20 per cent on Friday.
appeared to enter a protest against the
increase. The matter was discussed
with great freedom by the commits
sioners and the protestants. Finally
the latter agreed to put their objections
in writing and submit them at the
evening session. About the only matter
that was brought out at the afternoon
hearing that was not presented in the
written protest was the fact that A. C.
BriXen, manager of the Brigham Young
Trust company, swas the only objectOr
to the assessors returns on business
real estate before the same was raised
by the board. NJ. H. Walker also made
the point that the boards course in
raising values was calculated to dis
courage improvements in the business
district.
In the evening the following protest
was submitted by the large owners of
business real estate:
1T appears to us impossible for such
officers as the county assessor, so well
informed as to the values of real estate
in this city, TO make a mistake of 10
to 20 per cent in the business district
and no mistake whatever on property
bordering on business or in the resi-
dence or country districts. 1t appears
to your petitioners to be entirely IN
fair that unimproved land on one side
of a street should be raised 20 per cent.
while on the other side the original
values are allowed to stand.
Your petitioners have given this
matter very careful consideration in
examining the values of their own resi-
dence. farm and business properties.
and are of the opinion that the original
assessment, comparing business prop
erty with outside properties, is as
nearly fair as can be. We desire to
remind your honorable
body that the burden of taxation upon
the business district is already eX-
cessive, the taxes in many instances
being larger than the net income from
the improved properties
While Directing most strenuously to
the increased valuation of the property
above mentioned, we would respectful
ly suggest that as a fairer method of
equalizing the valuation. so that the
amount of revenue can be re-
allied, that a uniform raise on all the
real estate within the county be made,
so that all may contribute their equit-
able proportion, instead of compelling
a few to meet the entire deficiency
The protest was signed by the fol-
lowing property owners in person or
by attorney: NJ. H. Walker. ]. r.
Auerbach. S. II. Auerbach, estate of
J. c. Brooks, Henry DinwoOdey. Brig
ham Young Trust company, II. w.
lawrence Julia A Kimball, Florence
r. Woodruff, Thomas W. Jennings.
May c. ]. Farlow. Continental Market
Hooper & Eldredge block.
Hooper building. ]. Z. Game. agent for
Hooper nelrS- NdllOIldl DoIlh VI tic
Republic. r. T. Burton. agent; Frank
Knox. w. d. Thompson. r. c. Cham
oers. Richard Macintosh. II. c. Hill.
P. H. Lannan, Sears Glass * Paint
company. D. o. Calder estate. John c.
Cutler, o. ]. Salisbury. ". S. McCor-
nick.
Two Blocks Cut Out.
The board went over the plats and
figures very carefully and concluded TO
eliminate block So on which the knuts-
ford hotel stands. and the block next
north from the operation of the 10 per
cent raise, making a loss of sol, los from
The taxing values. From the fact that
Few or none of the protestants own any
property in those two blocks. they will
probably feel that their objections were
N vain.
The Utah National banks capital,
assessed at $50, 1000. of which sum S3S,-
MOO is taxed as real estate, was reduced
he remaining S21 200, upon representa-
ions of Cashier Raybould that the
.apital is of no value and the bank
will have hard work to close out with
,ut loss to the depositors.
A large number of complaints, chief
v on value of outside and subdivision
reality. were denied relief.
Nearly S135, 900 Raised