Mineral Point tribune. (Mineral Point, Wis.) 1869-1938, 1902-11-20

capita assessment Of the city Of Dodseviils. /
classed the two villages OF Highland aud Lin.
an the ysrs ppsd hs
were satisfactory to me and | believe are -
near as any ono can get without having the
whole county assessed by one assessor.
The whole amt assessed ....., S2e0SB
REAL ESTATE.
BY far the most important item in our sssess-
ment rolls is that class OF property known ~
real estate.
Values of such property generally In the
county have been rapidly advancing In the last
two or three years. Some localities have felt
this advance more than others. Some kinds Of
land have increased in relative value more than
others. All or preconceiyed notions and opin-
ions have been upset by the change OF value In
this class OF property. have OF course devoted
much Of my time to as.srtaining II possible, the
true value OF the real estate OF the county.
Previous assessments and occasional trainers
only confused all calculations. Until within
the last tws months the state tax commission
had outlined no plan OF procedure. Much Of
my work was done rather unsystematically
while waiting for the plans OF the tax commits
sion. or one thing was fully satisfied, and
that Was, that the land values IS shown By
sales we're abnormal, speculative and temper.
ary have seen before now land values rise
abnormally In this county, only TO shrink again
under the influence of poor crops and hard
| times. Many Of the purchases OF land l Knew
| were being made by men with but little money
| who were willing to mortgage their future for
| the sake of home IN this county. am Ia.
sIined to DO conservative. An examination Of
the land sales the county showed great
uniformity of credit sale vsiaes and wide
| divergence in cash sale values. The problem
| for me 10 solve was to find what per cent OF
| these credit sales was the real value. To the
| study of this question btought all the powers
| Of my mind. 1 can truly say tbatit was not alb
| sent from my thoughts during my waking hours
| when not otherwise employed, for several
| months made assessments of many farms aud
city lots. | investigated the su bject OF rents.
| called to my aid all that knew OF the cost and
| yield OF farm products. the expense Of farm re-
| pairs, insurance and taxes and finally deter
| mi ned that 81 per cent Of the selling value OF
| real estate was all ii was worth cash.
From very large list OF transfers OF real
| estate that have been recorded In the last thres
| years, / selecte 66s transfers as being genuine
| sales and the full consideration expressed In
| the deeds. This required very great amount
| OF labor as / sent TO each assessor the list Of
| transfers for his district
| Whole number Of transfers selected 685.
| Amt Of considers lion in deeds. Sl8l2477
| The same property was assessed this
| year.. .Sl6o883
I.have valued the same property at. .Sl566l06
| As the assessment rolls for this year are still
ia the hands of the town clerks, 1t became
| necessary for me TO visit each assessment dis
trict after the compilation OF the assessment 10
study the rolls. An attempt to have the data
/ | wished returned to me by either own clerks
or ASSESSORS even IL / could have relied on Ii
correctness, would have been an imposition Or
Il their good nature for which they received nc
pay. Special Form d, herewith presented, Of
hibits the results OF this study Of the salss LIST