The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1901-08-16
State Auditor Announces Assess
ments Decided Upon by the
Board of Equalization.
S25,0C0,000 IN FRANCHISES.
Increase of 100000 in st. Louis
Terminal-MetrOpOlitan of Kan
sas City Has an Addition of
Million and a Half Dollars.
REPUBLIC SPECIAL

REPUBLIC SPECIAL.
Jefferson City, Mo-, Aug. D-State Au-
ditor Albert o. Allen has to-day completed
the work Of tabulating and apportioning the
values recently placed by the State Board
OF Equalization upon the railroad. bridge
and telegraph property OF the State for
taxes of 1s0l. and furnishes the following
formatio relating to the assessment. to-
gether with comparisons instituted between
this assessment and that made by the board
of similar property for taxes of 1890.
The assessment of railroad. bridge and
telegraph property. just completed. for
taxes of 1901. Is of extraordinary interest.
in that II is the first assessment OF these
! properties to be MADE under the law OF
1901. providing that the board snail take
into consideration and place a valuation up
on the franchises held and exercised by
these companies. The comparisons insti-
tuted by Auditor Allen will disclose the
extent to which the former board took into
consideration the franchises of these COM
panies in placing Il value upon their prop
efty for purposes of taxation before any
law was upon the statute books expressly
requiring the assessment Of franchises. Inc
law in question provides that the item OF
value placed upon the franchises OF these
companies snail be included UnQer the head
OF all other property" and III The follow
ing matter Wherever these words occur
my VIII NC GalCu a. LttsiAiA .ot
Inc assessment. lust competed. compared
with that of the same properties fo- taxes
OF 1861. Is as follows:
Steam railroads $4,000; s.. S35..Ss.ss s75.4iS2A9
Roaas other Than STAN 2s.5S,. .3s-5, 2l.0I.-s>eb
Telegraph lines -. s.TssS,,I s.gSs.Ss..Si
Totals e. ............sIl2 s7s. $50. 81 sos. 3si. o.1Oi
Increase .---
To this Increase must be added a back as
sessment upon The DrlGga oil the chicago
and Alton Railroad Company at LOUISIANA.
for nve years. aggregatlns $sJD.Vu. which
will Increase this assessment over that for
taxes of lyO Slv.vO2, Sso.el The aggregate
increase. above noted, is distributed between
the several classes Of property. as follows:
IN steam .tzs.cS'oS
Total increase over 1890 ---------.Sle o.. sss.6I
This discloses an aggregate increase in
the value OF these properties over their
assessment tor taxes of 1890 of 81 per cent.
as against an increase in the valuation Of
the real and personal property of the State,
assessed by the local authorities and equal
lied between the several counties by the
State Board of Equalization, OF Ia per cent
over the valuation OF that class OF prop
erty for taxes of 1900.
1t must not be understood that the fig
sessed valuation OF railroad. bridge and
telegraph property for purposes of taxation
Certain portions OF these properties are
local authorities. and the value of the prop
erty thus subject to local assessment, and
not included in the above. is estimated by
competent authorities to be approximately
$4,000. go.
The mileage covered by the assessments
OF railroad property In 1901 and 1yoO by the
State Board Is as follows:
1901. 1900.
fssH% 5sil ssss. ;6,, .,.; g 80 'sr.ssss
The average assessed value Of steam rail-
roads. per mile. in lyvo was $1l. $50, and In
1901. N2.lI.
In this connection il may not be without
interest to compare the assessed value, DER
mile. OF railroads in Missouri with the as
sessmen In other States. II is lone with
the following result: