Atlanta semi-weekly journal. (Atlanta, Ga.) 1898-1920, 1901-10-21
GREAT INCREASE IN
! GEORGIA RAILROADS
THE VALUE OF eEoReIA's RAIL
ROADS HAS BEEN INCREASED
BY 100000.

Comptroller General Wright has COM
pleted compilation of figures showing
the increase and decrease in the tax re-
turns of steam railroad, electric
railway and telegraph, telephone and ex-
press companies properties for the pres
ent year. /;
The figures show a healthy increase in
| the values of all these corporations. While
in some instances there have been de-
| creases, yet the number of these has been
smaller than in previous years. The bus
mess done by these corporations during
the past year has been greater than usual,
and the profits have been correspondingly
great, which has caused many extensions
and improvements.
The increases in the tax returns have
been due in almost every instance to the
vigilance Of comptroller General Wright
who has closely watched every tax re-
| turn made to his Office this year. Where
ne regarded the return as not sufficient to
cover the property of the company at a
fair valuation he has notified the compa-
ny's officials that they would have to
amend.
This was done in many cases, but where
| the officials refused to do so the roads
property was assessed, and If the officials
did not then accept the value placed upon
it by the comptroller, arbitration would
be resorted- to.
In. the arbitration proceedings the comp
instance but one. This is regarded as a
remarkable situation in favor Of the
| comptroller, showing as 1t does his knowl-
edge of the value of railroad property in
| Georgia. General Wright has been warmly
| commended for his work in the tax de-
partment of his Office this year. The total
Increase has been approximately 100000
The following figures show conciseiy
the increases and decreases In the value
of railroad property in the state during
the year. -.z
The following roads show the following
increases: 'a@.
Abbeville and Waycross, s45, 179; Atlanta
Belt Line, s53,427; Atlanta and West Point,
$50 40; Augusta Belt Line, Sc, 3OS; Alabama
| Midland, s., 259; Albany and Northern, $11,-
pos; Benton and Pineasa, $50, 4O3 Chatta-
nooga and Durham, ST. 7s2; Collins and
Reidsville, S31T Chattanooga, Rome and
| Southern, $45,S10 Columbus Southern,
I $Ss, 1872; Chattanooga Southern, s2S. $50; Da-
rien and Western, $3.50; Florida Central
and Peninsular, $3.50, 742; Gainesville, JEFF.
ferson and Southern, $4,000; Georgia
Northern, $29 66S; Georgia Southern and
Florida, s145.570; Georgia, Carolina and
Northern, $64, $50; Georgia and Alabama
Terminal Co., $256. ABS; Georgia and Ala
bama, $229 637; Hawkinsville and Florida
Southern, IS, 200; Lyons Branch road, STA
| 1859; Lexington Terminal, $1251; Macon,
Dublin and Savannah, $50, $50; Millen and
Southwestern. $44,15O; Macon and Augusta,
$1,000; Sandersville road, S7,700; South
Georgia railroad $1S9OS; Sylvania rail-
road, $745; Triton. Thomasville and Gulf,
$16c, 2SS; Triton and Northeastern, 1851;
Valdosta Southern $9,S72; Waycross Air
Line. $S5, $780,; Central Of Georgia, 5000 $751;.
Southern railway, 1921, atlanta, Knox
Vile and Northern, $167, SIS; Atlantic, Val
dosta and Western, $57, 500; Georgia, Flor
ida and Alabama, $S7,S69
The following are decreases in values of
railway systems in the state, according
to the tax returns:
Charleston and Western Carolina,
S15. 255; Dover and Statesboro, 2,1S0; East
and west road. $5OS1; Georgia railroad,
$12, 500 Hartweif road, 1920; Louisville and
Wadley. sey500; Macon and Birmingham,
$3.50; Milledgeville, $4S1: Nashville, Chatta-
nooga and St. Louis, Rome division. 81, 2S5;
Smithsonia and Dunlap, $500; Talbotton
road, S19 $40; Arlington Extension of the
Central, 1920; Atlanta and Florida, $1,29S;
Georgia Pacific. $53. 374;, Athens branch Of
Southern, 5000; Rome and Decatur, $685.
05S; Chattanooga, Columbia and Augusta,
$14, S66; South Carolina and Georgia, S., 425;
Alabama Great Southern, 81, 7O2; Ala
bama division, $473. q.
The following shows the increase In the
tax returns of street railways in the
state: Athens Electric, $4,000; Atlanta
Railway and Power Co., 1888; Augusta
street railways. $124554: City Electric of
Rome, A,057 City and Suburban, $62554;
Macon Consolidated, $61,510 Metropolitan,
$3.50; Savannah, Tybee and Isle of Hope,
$50 345; West End OF Savannah. 81. 500; At
lanta Rapid Transit Co.. 1882, 9s6; Augusta
and Summerville, sos; Savannah and Isle
of Hope $500.
The grand total OF increases made shows
as follows: D. -..- 81. 80.
Different independent roads. $2.352059;
new roads, $267, 642; Central of Georgia
SYSTEM $685., 63S: Southern. Railway sys-
tenn. S221.974; street railways. $1,OS7.765.
Total $4,545,07S. er r..ts
These do not include the increase on the
Savannah, Florida and Western division
II the Plant system, which has not yet
been made to the comptroller by the off,
Gals, under the finding of the board of
arbitrators.
The increases in other companies show:
In telegraph companies, S407, 1853; telephone
companies $540. S21: express companies,
1924, 49,. Total, ST. 42, ass.
The decreases show as follows: Different
roads, So, Az; Central of Georgia, 1920;
Southern railway. $12s,295 street railways,
$500. Total s1s2s3e7. -s ,,-,