The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-08-20

by July LIST, as required by law. Mr.
Battle moved that this board should de
term<fle the average amount of increase
IN the different townships and then reduce
the increase In Raleigh township to that
amount. This he considered was the
duty OF the Board of Equalization.
Mr.. Perrin Busbee then stated the po
sltion of the petitioners he represented
| that the assessment was null and void
| because the returns had not been made
as required by law, that Mr.. c. d. Ar
| thur and Mr.. A. E. Glenn were not free
holders.
Mr.. Arthur interrupted to state that
he was free-holder and could show his
deed for the land he owned.
Mr.. Boushall thought that Mr. Battles
motion should be put at once, on the
general question.
Mr.. Green said Mr.. Battle was not
member of the board, and Mr.. Calling
added that the Revenue Act made no
side of the questions.
Mr.. Johns made a motion that the
board hear all complaints examine them
carefully and determine upon them in
executive session.
Chairman Green put this last motion,
and it was carried by a vote of 16 to L.
Mr.. Battle then read the application OF
Mr.. A. B. Stronach, that the assessment
of his store be reduced. 1t was raised
from $12,500 to $4,000.
This relief he asked on the ground of
discrimination between this lot and two
stores on opposite side of street, Mrs.
Swindell's building, assessed at $4,000,
and T. II briggs Sons, assessed at
ST. 900, raised to 1880. 1t is not claimed
that these properties are assessed too low,
but that applicants is assessed too high
in comparison.
Mr.. Stronach's warehouse on Hargett
street, raised from $500 to $500. He
would take $4,000 for it.
Dwelling house Ali North Bloodworth
street, raised from $1,000 to S6,5OO Mr..
Jacob S. Allen has offered to build for
applicant a house of equal accommoda-
tions for $4,000. Twenty five dollars per
month is good rental value for the place
Five acres on north side OF North
Boundary street, first valued at $500, then
at $500 and now raised 10 $3.50, unim-
proved and rented for 500 a year. Cost
applicant $3.50.
Store houses, ETC., at corner of Hills
bcro and Chapel Hill roads in West
Raleigh. Cost applicant 81 $50. Assessed
with double store on it at 81 900, raised
to $4,000. Compared with the adjoining
property of Prof. w. c.. Riddick, reason
ably assessed at $2,750.
Cottage on North Bloodworth street,
raised from $1,000 to $1,750. An adjoin-
ing lot belonging to H. C. Johnston is
valued at $3.50.
Mr.. Battle stated explicitly that in max
ing application for reduction of the as
sessment of his property, applicant does
waive the objection that two of the es-
SCISSORS were not free-holders of the town
ship or county and that they have not
complied with the law.
Then Mr.. Battle read the exception of
Mr.. Peter H. Mayo, by Col. Benehan
Cameron, his son-in-law. His house and
lot had been raised from $500 to So, 500.
The average testimony of about twenty
four men likely to know it's value esti-
mates it as $4,000, in 1891. Since then
improvements. have been added amounting
to about $4,000.
The Benehan Cameron Square. Since
the Confederate War valued at $4,000
During boom times raised to $14, 600. Even
on $4,000 it is difficult to pay the taxes
Wkblcott's store, on East Martin
street, raised from $1,000 to $4,000. IN
srrance men say property has decreased
in valuation.
Maria T. Haywood, through Mr. Bat
tie, asked that the assessment on three
houses be reduced. 1t had been raised
from $500 to $500, although lot valued
at 1000 had been sold off to Mr.. Itch
ford. This property is near corner of
North Wilmington and East Jones streets.
Benehar Cameron and j. w. Graham,
receivers for benefit of Mrs. Geo. P. Col
Inns, Mrs w. B. Shuford and Miss Annie
Graham ask reduction of valuation of Ill
acres of land adjoining st. Mary's School
property. Raised from $26,500 to $50, 900,
and of the Beaverdam tract, raised from
$4,000 to $3,250.
Messrs. r. H. Battle and J. N. Hold
ing, executors and trustees under the
mill of w. H. Pace ask for reduction OF
assessment of property on which Mr.
Pace lived Raised from $500 to $4,000
Capt. S. A. Ashe stated that two lots
had been assessed as his on North Boylan
avenue, whereas he owned but one be-
sides one on the west side of Boylan
street.
Mr.. S. A. Ashe, Jr, appeared for the
Raleigh Hosiery Company, which petit
toned for a reduction. Their lands and
buildings have been assessed as being
worth $15,250, but stand this company in
the place of only $11 ,44S. He argued that
the increase could not be on the build
ings, which are surely worth less than
their original cost. Accordingly the nj
crease must be on the land, and amounts
to something over 300 per cent above
the actual cost value paid for it in the
purchases of 1900 and 1903, and 600 per
cent above last assessed value, If such
a fictitious value should be placed on
this land by this corporation and stock
issued for this ''so-called increased value"
the corporation would be open to the
charge of watering its stock. which is
illegal under the laws of this State.
Mr.. w. N. Jones presented petition
from Mr.. r. B. Raney, stating that he
Ss,nsidered the assessment of $25 900 ON his