The Birmingham age-herald., 1903-07-15
TAX VALUES RAISED
 ID ENORMOUS SUM Board of Revenue Hears Cases
 Against Corporations MANY OF THEM AGREED ON An Increase of $545,77s In Assessment of T. C., |. 6 R. R. Go. Brings the
 Total Up to $500, o,ooo--street
 Railway Company Raised.
MANY OF THEM AGREED ON

The board of revenue was in session again yesterday morning considering the raises that have been made in assess ment values In Jefferson county by back tax commissioner B. A. Thompson.
 During the morning the assessment of the Birmingham Railway, Light and Power company was increased s4452SS. This makes the assessed valuation of the property owned by that company this year practically S1,OOO,OO0.
 The assessment of the Birmingham Re alty company was also raised S2o2,o9s In round numbers this corporation will pay taxes this year on Ss5O0O0 The increase is based on the increase in the values of their property brought about by the constant Improvements being made and also on the natural rise in values of real estate in the city of Birmingham.
 Waterworks Company Raised.
 The valuation of the plant of the Blr- mingham Water Works company was in- creased $40, 407. which makes their as- sessment now stand at s60o00O. These figures will prove doubly interesting in view of the fact that the municipal ownership committee of the city council recently asked the water works company to set a figure at which they would be willing to sell their plant and the com pany declined stating that they did not wish to sell to any one at the present time.
 The increased assessment list Is being taken up alphabetically by the board of revenue and the As and B's were con sidered yesterday.
 Commissioner Thompson stated yester- day that in a number of cases the in- creased assessments have been agreed to and will not take the time of the board of revenue. One example of incrase by agreement Is that of the Tennessee Coal. Iron and Railroad company. There is an increase in their assessment this year of $545, 779, so that the company will pay taxes on $3,sOO,OOO this year.
 Larger Than Many Counties.
 This assessment alone Is larger than the whole assessment list of several counties in Alabama. The assessment Is only on the property of the Tennessee Coal. Iron and Railroad company proper and does not include the steel plant at Ensley, which is nominally owned by the Alabama Steel and Shipbuilding company. nor does 1t include the Bessemer rolling mills. owned nominally by the Bessemer Roll ing Mills company.
 The board of revenue will probably be in session for the next three weeks con- sidering the various assessment increases
 The assessed valuation of property in Jefferson county this year is $44915, ,O34. and 1t Is thought that the raises by the back tax commissioner will bring the total amount up to nearly SAT 000, GOO. The tax rate has been fixed by the board of rev. enrle at 55 cents on each slO0 valuation. The state levy has been fixed at 65 cents on each s10O. The board has appropriated the various amounts as follows: General fund, $ls4, 75558, thirty per cent; Macadam road fund, ten per cent. 44.9l5.04 bridge fund, five per cent, s22, ,4oO.27; public school fund, five per cent, $22, 45752 and for paying interest on sanitary sewer bonds. five per cent, $22. 40.