The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1900-06-26
TAX BOARD AD]OURNS
Values of Property Are Equal
lied For This Year.
PROTESTS 0YERRULED
CANCELLED MORTGAGES FUR
NISH A BIG quota.

Unless TIE STATE DoaFu OF equalization
orders the raising or lowering of the
assessed valuation OF property in Salt
Lake county, an action that is deemed
improbable, the equalized value Of tax
able property in this county for the
current year VIII, exclusive of railroad
and wire line property and net proceeds
Of mines. will be $685. OPS, of which
amount about $91, 600, 600 will represent
the values to be taxed in the city of
salt Lake.
Compared with last years work of
the county board of equalization, some
interesting comparisons are shown.
Last year the board made a total of
nearly $1,000.000 in reductions, IS per
cent OF which was Cancelled mortgages.
The number Of complaints OF erroneous
and excessive valuations granted re-
lief was over 1900. This year 532 COM
plants have received adjustment, re-
suiting in reductions amounting to
1872, 19g. In 1899 the county equalizers
raised values, of business property
chiefly, nearly s1000,0 600. This year the
increases have amounted to only 1855.
@ae result is declared by the county
commissioners to show a careful and
Quinn and his deputies.
Cancelled Mortgages Cut Off.
When the county equalization board
closed its three weeks session yester-
day it was ascertained that the total of
Cancelled mortgages stricken from the
tax rolls was $259,612, in 139 cases. One
list alone prepared yesterday by the
county treasurer showed that in forty
con
mortgage holders are non-residents of
Utah, and that their taxes on this class
OF property are always uncollectible
The total Of personal property values
reduced was $65,672, and of improve
ments $31,2SO. Only fifty-eight reduc-
tons were made in the value of real
estate, the amount reduced being $751;
635.
Yesterday was the big day with the
equalizers, the days reductions in tax
ing values running up to $162,197.
Some OF the big mortgages stricken
from the tax rolls yesterday because
the holders are non-reSidents or the Sc
curities are cancelled were: Alfred
Thompson, $4,000; knight & Co.. S.
2l2i John NJ. Cannon, S7,150; Sarah A
4 Tunnicliffe, S2,400; Taylor, ROmney,
Armstrong company 1858; w. e. Hub
bard, $3.50; Con Hunt, $4,000, S. H.
Young. $1,000; H. II. Harris, 81, 100;
Hannah Thomas, S1,S00; c. A. Depue.
1880; Mary Nixon, S1,510.
The largest reductions made yester-
day IN the value of personal property
were in the assessment of merchandise
to the Walker Bros. Dry Goods com
pany. from $99140 to 800 $40, the same
as last year; Zion,s Savings bank. 10
tai abatement of 1000; A H. Page
from $500 to $500; Kate B. Evans from
$500 to S4OO tsE
H. L. A. Culmer secured a reduction
of $4,000 from $4,000 in the value OF
his improvements; H. B. Scott was
granted reduction of $3.50, and the
/ Granite Mining & Milling company
+ assessment of 81, 900 on it's old smeltel
| building was cut in half.
For the purpose of correcting errors
| in the scale of assessment, the large
] cuts made in the value of real estate
p were; C-rH. Toll, from So, $50 to $1,2S0
! M c. Moon, from 81, 700 to $780,; Auer-
/ bach Bros, from $4,000 to $2,250; J. B
/ Cummock, from 81 900 to $500; j. A
4 Hayes, from $3.50 to 5000.
Protests overruled.
Before adjourning the board voted
/ to deny relief to a large number Of
: compliments whose grievances haC
I been taken under adyisement.
! The board also concluded to let the
I assessment of $50, 200 on the Salt Lake
/ City Water & Electrical Power com.
/ pany's plant at the Jordan Narrow
I stand despite the protest of the farm
ers in that locality that the value
should be raised to 500, 000 In ar
irving at this decision the board fig
ured that it would not be legal to as
/ sess, property for what money had beer
put into it for investment that yielded
no profits. Another moving reason fol
this action We that a year ago tn,
chief owner of the plant, Alexandel
Tarbet, volunteered TO be taxed FOL
! $25, 900 more of cash than he had beer
/ charged by the assessor, showing hi!
disposition to not evade his share Of
the tax burden.
Two Surprises Develop.
A J. Shugren surprised the board
! yesterday by complaining that his as
/ sessment of $40 for personal property
/ was not enough by nalf The assess
ment was doubled at his request.
/ Reporting upon the complaint of B
| II. Schettler, the banker, that he should
not be assessed for $4,000 of cash OF
+ hand, the amount of his capital, the
county attorney showed in an opinion
/ that the banker could not claim an ex
emptiOn for this amount on the score
/ that it was invested in taxable Tea
/ estate, for such a construction would
! be equivalent to holding that the bank
er had no capital. According to {
sworn statement made by Mr.. Schet
] tier, the amount Of the deposits car
ried by him is invested in taxable rea
I estate and the board adopted the at
/ torney's opinion that he had no Gauss
J Of ,aooo.sIof