The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1900-12-20
!, lots and sold separately it might bring


mere"
Mr. Proctor thought Capt. Williamson's
residence was worth $4,000 or $1,000, and
if it was assessed at 81, 500 the assess
ment was too low
The residence of Mr.. N. B. Broughton,
he thought, was worth $780,
"Then if it was assessed at $2,0OO 1t
was too high?'
We'll you are doing pretty well when
you come within 5000 of place like that.
We made much bigger mistakes than that
on other places, both ways"
The KimbaH lot and residence, on Per-
son street, he thought was worth about
$1,000 or SO, 500. 1t was assessed at
$4,000 and he thought this full value
..What did you pay for your house and
lot?'
Il paid as much as $500 and I've put
s., 600 worth of improvements on It.
What is it assessed at?"
cat $780,"
Would you take $500 for it?"
Il would not. l don't know what I'd
take. I've never thought anything about
selling it."
"What do you think the residence and
lot of Col A. B. Andrews is WORTH
badly than to any one else. 1t would,
think bring in the neighborhood OF from
$4,000 to $4,000. 1t might bring double
that if a man specially wanted it.
The Heck residence he thought worth
about the same.
DR.. James McKee's residence and lot
he thought was worth $4,000, but he
doubted if Dr. Mckee would sell it for
double that amount.
The Boushall residence and lot, corner
of Blount street and Newbern avenue,
he thought worth from 81, 500 to $4,000.
The b. r. Harding house, on Blount
street he thought worth from $4,000 to
$4,000.
The Mailer house, across the street
from the Harding residence, he thought
worth $4,000.
The brick building, at the head of Fay
etteville street, opposite the Branson
House, he thought worth $4,000 or $14,-
000 he didn't assess it.
IF it was assessed at $4,000 it wasn't
assessed at its real worth was it?''
Not if its real worth is $4,000 or $14,
O0O"
The Citizens National Bank building:
property, he thought worth from $4,000
to $4,000
eff it was yours would you take that
for it,
Il can't say"
The Captain Ashe property he thought
worth SIS, 300 1t is assessed for $4,000.
The julius Lewis property he valued at
$1,000
The Bobbitt drug store he thought worth
900 or $4,000.
1T WAS A BAD TRADE
If the Marlborough House is assessed at
$40, coo, he didn't think it was assessed
at its value.
Don't you remember that the Trade
building was offered to the Auditorium
Company for $i2, 900 Didn't you think
that a good bargain?
"No l wouldn't have given that for it,
nor gone with anybody that would have
given it. l always considered that very
poor property"
''You know the Auditorium Company,
about bought it at that price?"
Yes, and l was surprised at it,"
He thought the Holleman building
worth $4,000. 1t is assessed at $4,000
The Tucker store property he placed
at 500, 900. 1t is assessed at $4,000.
The John w. Hinsdale residence on
Hillsboro street he placed at $500. 1t
is assessed at $500.
Mr.. Proctor estimated the value of the
DIR. Burke Haywood residence at $4,000.
1t is assessed at $1,000.
The Dr. Thos. e. Skinner residence he
placed at $4,000 1t is assessed at S.
000
Mr.. R. T. Gray's residence was valued
at $4,000. 1t is assessed at $4,000.
Residence of Mr. W. NJ. Russ was valued
at 1900 or $4,000. It is assessed at 81
900
The witness thought the residence of
Mr.. B. r Lacy worth $4,000. 1t was as
sessed at $4,000.
Mrs. McAdan's residence was valued at
So, 300 to $1,000. 1t was assessed, for $4,-
,O0O
Mrs. Pages residence, formerly the
Judge Merrimon place. Mr.. Proctor
thought worth $4,000
The Worth residence near the Blind
Institution he valued at $1,000 to $1,4O0.
1t is assessed at $4,000.
Mr.. c. G. McDonald's residence he val
ued at SO, 500. 1t is assessed at $4,000.
The Sam Smith residence on Hillsboro
street he valued at $4,000. 1t is assessed
at $4,000.
THE CAMERON PROPERTY.
Mr.. Proctor thought the 365 acres of
Cameron land near st. Mary's worth on
an average of $50 an acre. 1t is assessed
at $4,000.
did you sign an affidavit in this case?"
mo. Mr.. Boushall asked me to sign
it and Mr.. Glenn brought it to me and
declined to sign it,
Why"
Because l make it rule to sign no
paper when l can get around it. Besides
there were some things in it about what
had been done heretofore that | could not
sign. because / didn't know whether ii
was true or not"
On redirect examination Mr. Proctor
said that in making assessment on prop
erty the assessors had tried to arrive at
the true money value; that there was
much property in the city that would not
bring what it cost in purchase price and
improvement, if put up and sold.
''In making our assessment we took In
consideration the desirableness of the
place 10 others beside the owner, the in
come derived from it and the uses to
which it could be put.
For such a piece of Droperty as Col