The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1902-02-08

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loan association stock be assessed at its
true cash value; that the cash value be
ascertained by the amount paid in on said
stock.
The committee on oil. gas wells and pipe
lines recommend first, that all producing
oil and gas wells be assessed at 800 and
upwards. all abandoned wells with castings.
800: that all tanks be listed at p cents
a gallon, that the pipe leading from the
wells 20 the tank be listed with the well.
that oil and gas pipe be listed as follows:
One inch. new. at 81 per 100 feet; one, old,
y per 100 feet; twO-inch, new, s., old, 30;
three-inch. new, SIS; old. so; four-inch.
new. SIS; old, SIS, six-inch. new, $45; old, SO;
eight-inch, new, 500; old. $40; ten-inch, new,
500: old. $50. BY old pipe is meant that
which is in use or has been; by new pipe
Is meant that which has not been used.
The committee on notes and mortgages In
its report recommended that all county
assessors make careful inquiry OF the per-
son at the time OF being assessed if ne has
filed or intends TO file with the county
auditor an affidavit of his land mortgage
Indebtedness, thereby determining the true
amount OF deduction TO be made from his
personal property schedule; that no person
assessed be permitted TO deduct from his
personal credit the value of any note,
prOmissory or mortgage, on account who
does not give to the assessor the time
when given or when maturity will come
on said note or account, also the full anne
and pOstofice address of the owner OF said
note or account at the time of being as
sessed, and in assessing mortgage notes
they should be assessed at their true cash
value.
The committee on cold storage, ice plants,
electric lights. water and gas companies
-ecOmmended that ice be appraised at 90
cents per ton, fifty cubic feet TO be con-
sidered a ton of ice, and we further recon-
mend that all other property connected
with the plants be assessed at it's true
cash value. We further recommend that
when incorporated they be assessed by the
Board of Review in conformity with Sec
ton "A of the tax laws
The committee on stone quarries and coal
mines reported as follows: I'VE recon-
mend that stone quarried, building stone
In mill blocks as well as cut, carved and
crushed stone in stock, and all coal mined,
brick and like material in stock April !
be listed at its true cash value, and that
1t be determined BY the market where the
same is located. We would further recon-
mend that where stone qdarries and coal
mines are held under lease or owned and
operated by others than the real estate
owners thereof that said quarries or mines
be assessed annually as leasehOlds as pro-
vided by Section "a of the tax law, and al
ways at their true cash value. All ma
chinery and tools used in said quarries and
mines shall be assessed as other machinery
and like articles, and all other provisions
therein should be classified and listed as
other property of like description similarly
situated"
RAILROADS, TELEPHONES, ETC.
The committee on railroad, telephone.
telegraph, express and sleeping car COM
panies reported as follows: Under the law
of 1901 all railroad property, including
street railways. right of way. tracks, rolling
stock, telegraph, telephone, express and
sleeping car companies, will be assessed
by the State Board of Tax commissioners
except personal property, such as station
airy engines, machinery, tools. fixtures, etc,
not pertaining directly or belonging strictly
to the operating of a railway itself, which
shall be assessed by the township assessor,
the same to be assessed at it's true cash
value, the same as other property of a like
character. Local telephone lines and in
struments will also be assessed by town
ship assessors"
The committee on stores and merchandise
made the following report: w recon-
mend that all township assessors and depu-
ties, In assessing any merchandise, require
the owner TO list Ii at true cash value on
the 1st of April of this year, and also to as
sess all store fixtures at a true cash value,
and at the same time all store fixtures
must be listed separately. We also recon-
mend that all township assessors visit all
places OF business in their locality and as
sess their stock by observation.
On engines and machinery: "InasmUch
as this class of property varies so much in
kind and value, we recommend that town
ship assessors be instructed to examine
such property and assess same at its true
cash value, as defined by the tax law. and
that all stationary engines and boilers in
awmills gristmills and other manufac
turing establishments be listed as personal
property Inc committee IuGIner recon-
mends that the Mergenthaler linotype ma
chimes be assessed at their true cash value
TO the owner in the county where situated.
The first cost of the machines is from $1,000
TO $500"
The committee on live stock recommends
the following:
"Horses.-Ffrst-class farm and team
horses, four years old and over, 500 to sl5U,
common workhorses, $50 to $50; first-class
three-year-old colts, $40 to $40: frst-class
two-ysar-old colts, $50 TO $50; first-class
one-year-old colts, $40 to $40; irst-class
carriage horses, SIS to $50; irst-class
horses with records, $500 and upward; reg
istered stations. $500 and upward; graded
stations. 500 to $500; jacks. 500 to $500.
brood sOws, s. to SIG; stockers, per pound
4 to 5 cents.
"Pouitry.-Per dozer, common, 81 TO 50
fine blooded poultry, single bird, 81 to $40
"Mules.-First-class, four years old and
over, 500 to $50; hrst-class, three years
old and over, $40 to $50; first-class, two
years old and over. 500 to $50; first-class
one year and over, $40 to $40.
"Cattle.-Registered cows and bulls, So
to $40; feeders and stockers. per pound.
cents; fat export cattle, per pound, 5 cents.
butchers stuff. 4 cents
'Sheep.-Registered, $40 to $40; all other
sheep. So to So"
The committed on wines and liquors rec.
commended the following: That whisky
i'm bond be assessed at Is cents 4on the gal
brandy, apple and peach. SLIGO; beer. pei
gallon. 10 cents: native wines. per gallon
A. cents; imported wines. per gallon, 81 40
saloon fixtures TO be assessed as other per.
sonal property"