The Leon reporter. (Leon, Iowa) 1887-1930, 1901-03-21
AT THE STATE CAPITAL
Des Moines, March 10. ION,

LIS AuoAACcs SnuTCn ~, lSOl.
At the meeting of the state execu.
tive council to consider the assess
ment OF railroads, Secretary of State
Martin presented resolution which
he moved to adopt, recitine the fact
that the gross earnings OF the rail
roads of Iowa had shown a steady
increase from year to wear. as rs-
ported by the railroad companies
:, themselves, and that it was probable.
IN view of the increase of yalnes
;, everywhere, that there would be an
increase In the assessment on other
Nlnds OF property, and whereas the
gross earnings for 1900 as reported
were sos,4ao, 500. and applying the
same percentage of assessment this
sear US iast year the assessment of
rallroad property in Iowa should he
\ substantially increased by the board
Mr.. Martin introduced it for the mr..
pose o. having it discussed nv the
various railroad representatives an.
pearlng before the board.
Governor Shaw has ordered the
payment of the damages on account
of the condemnation of thirtv-eiobt
acres OF land for the Clarinda hospi-
80. ~ uS1SASSdCe OF the order is
S7,400, or nearly 5000 an acre The
ground is wanted on account of ;ts
groves, which furnish an excellent
place for the exercising of patients.
Inc acquisition will give the state 551
acres at Clarinda.
~. Attorney General Mullan has hand
I'd down AN opinion to the auditor
81 STATE holding that promissory
notes taken for rent should not be
hsted by the holder and assessed as
credits ana moneys. 1t is specified
N the code what classes of property
are TO be taxed and among them
Is named obligations for rent not
yet due, under the holding Of the
attorney genera are clearly obi
cations for rent not yet due and be-
ing such obligations are exempt from
taxation. If, however, such notes
have been sold or disposed of by the
original payee and are in the hands
OF third party at the time OF the
assessment they should lie assessed
to the holder as moneys and credits
Des MONIES banks at the last call
OF the Clearing House association
made the best showing i'll their his
tory. There is exactly $17.2os ,51s.oa
on deposit in the different banks nf
TINS city, as against about ST., 200. OoO
two months ago. The report shows
that there is loaned from these
banks $40. 133, 634.4l and cash on hand
to the amount of $5.954.5O, or prac-
ticallyi six millions. This remarkable
& showing shows that Des Moines is
forging to the front as a CONNER
c1al center. According to the bank
ers the big increase in deposits is
not due to any new firms or ac-
counts, but steady increase in bus
mess in the city. OF course some of
the money, the IL millions of de-
posts. belongs to the country banks
who do business in this city. But
II must be remembered that also the
loans which amount to 10 millions,
are not all chargeable to Des Moincs
Judge Holmes has overruled the
= demurrer IN Tie case of Jennie e.
Day against Polk county. This is a
continuance of the tax ferret case.
which has been in the courts for sew
eral months. Judge Prouty made a
decision some time ago, in which he
legalized the action of the ferrets
and decided the amount that was due
from the estate. Mrs. Day then filed
a demurrer, claiming that the prop
erty in question had been transferred
to her, but that it was not in her pos
session at the time the assessor made
( the assessment for 1897. The court
has now overruled this demurrer and
declared that the assessment should
have been made.
The first of the Chinese cannon
which were secured by Minister
Songer for the state and shipped
to Iowa several months ago have
reached Des Moines. The cannon was
on the wall at Picking during the
siege and is regarded as great prize
for the state. 1t will probably be
placed in front of the historical
building.
A COUNT w4ALDERsEE INTERFEREs.
Uses His Authority to Stop Anglo Russian
Quarrel at Tien Tsin.
London, Barch 19.-The Times this
morning makes the following an
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