The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-08-23

STATE WILL RECEIVE REVENUE
FROM UNMINED COAL.
Long List of Big Indiana Corpora
tiOns Whose Assessments Are
Fixed by the Board.

tinuc until Sept. j. Ninety-fiVc appeals
from the action of boards of review in
twenty-five and more counties were handed
down yesterday and many reductions made
although none of them were heavy. About
twenty appeals refused.
The most important appeal from Marion
county was that of James Carter, of In
dianapolis, who asked the board to raise
the assessments of the national banks of
this city. The appeal was sustained and
the assessments Of seven Indianapolis banks
We're increased all the way from to IL
per cent. The assessments were fixed by
the Marion county board at the uniform
rate of 20 per cent. of the capital, surplus
and profits.
AMOUNT OF INCREASES.
The list of banks whose assessments
were raised is as follows:
The Indiana National Bank, increased
from 20 per cent of it's capital. surplus and
undivided profits to So per cent. amounting
as well as that of all other banks. the value
of real estate is to be deducted by the
county auditor, as it is included in the sur
plus.
American National Bank. increased from
20 per cent. to ~ per cent, amounting to
s1.O22. $40.
Union National Bank. increased from 20
$4,000. 49, ~
Fietcher's National Bank increased from
20 per cent. to 81 per cent. amounting to
sS40 COG.
Merchants National Bank increased from
20 per cent. to 81 per cent, amounting to
SIZE, $40.
Columbia National Bank, increased from
90 per cent. to IS per cent, amounting to
s244,335.
Capitol National Bank, increased from
20 per cent. to so per cent, amounting to
1t was also announced to-day that the
State board decided that the coal rights
in Indiana are taxable over and above the
taxable valuation OF the lands. The con-
troversy in Greene and Sullivan counties is
therefore, settled Such rights, the State
board holds, are taxable at from S12 to SIS
an acre.
GREEN COUNTY CASE.
The Green county case was received by
the board on the appeal of the coal COM
panies. as the coal rights had been listed
by the Green County Board of Review.
The companies claimed that when the land
was taxed the unmined coal was included.
However, the appeal was not sustained.
The following is a list of the larger assess
ments fixed by the State Board:
w. H. Hood Wholesale Grocery Com
pany. of Portland; appeal for reduction sus-
tanned. Assessment fixed at $4,000.
Thomas J. and John j. Emery, of Ma
rion county; appeal for reduction Of as
sessment on indianapolis real estate sus-
tanned. Assessment fixed at $4,000.
Central Foundry Company, of Knox
county: appeal for reduction sustained.
Assessment fixed at $4,000.
National Supply Company, of Grant
county; appeal for reduction not sus-
tanned. Assessment in several cases re-
mains at 5000.
jackson Hill Coal and Coke Company
of Sullivan county; appeal for reduction
sustained. Assessment fixed at 100000.
The New Pittsburg Coal and Coke Com
pany. of Sullivan county; appeal for re-
duction sustained. Assessment fixed al
Sl50, 900.
Louisville & Nashville Railroad Com.
pany: appeal for reduction of assessment
on shops in Evansville sustained. Assess
ment fixed at $4,000.
WEST BADEN COMPANY.
West Baden Springs Company. of Orange
county; appeal for reduction sustained
Property assessed at $25e.S7o
Valparaiso City Water Company, of Por
ter county; appeal for reduction sustained
Assessment fixed at $4,000.
American Window Glass Company. o.
Madison county; appeal for reduction sus
tanned. Personal property assessed at s2l0oo
Martinsvile Lodge, No. ia /. o. o. F.
of Morgan county; appeal for reduction sus
tanned. Assessment fixed at 1880.
Indiana Natural and Illuminating Ga:
Company. of Upton county; appeal for re
| ducton sustained. Assessment fixed a.
! $4,000
| Hall G. Brandon Ice and Cold Storage
| Company, OF Vanderburg county; appea
| sustained. Assessment fixed at $4,000.
Paxtsn Lumber Company, of Lake county
! appeal for reduction sustained. Assessment
! fixed at $1,000.
| Ohio and Indiana Consolidated Natura
and Illuminating Gas Company, of ia!
county; appeal for reduction sustained AS
| sessment fixed at $1S742.5o.
Redkey Transportation Company, OF ia.
| county; appeal for reduction sustained AS
sessment fixed al s1s,7425o
w. II. Hood Company, of Jay county; ap
| peal for reduction sustained. Assessment
| fixed at $4,000.
| Lafayette Gas Company, of Upton coun
| ty; appeal for reduction sustained. Assess
ment fixed at $40.500
| Decatur Lumber Company, of Adam
| county; appeal for reduction not sustained
! Assessment remains at $l0,s30 as fixed o.
| county board of review.
| Brazil Trust Company, of Clay county
| appeal for reduction sustained. Assess
ment fixed at l.490.
| Vevay Deposit Bank. of Switzerland
| county; appeal for reduction sustained. AS
| sessment fixed at $4,000
WABASH NATIONAL BANK.
| Wabash National Bank, of Wabash coun
! ty; appeal for reduction sustained Assess
ment fixed at s12s0co.
Bank of Charlestown. of Clark county
| appeal for reduction sustained. Assessment
| fixed at s222 go.
| Farmers and Merchants National Bank
| of Dubois county: appeal for reduction sus
| tanned. Assessment fixed at SIS, $50.
| Dubois State Bank. of Dubois county; ap
peal for reduction sustained. Assessment
| fixed at $50. 650.
American Trust Company, of Boone coun
ty; appeal for reduction sustained Assess
| ment fixed at $4,000.
| Lebanon National Bank. of Boone county
| appeal for reduction sustained. Assessment
| fixed at $Sl. 40.
| West Baden National Bank. of Orang
| county; appeal for reduction sustained. AS
| sessment fixed at Sls,3So.
The National Bank of Orleans. Orang
| county: appeal for reduction sustained. AS
| sessment fixed at SD 800.
The Orange County Bank. of Orang
county: appeal for reduction sustained. AS
| sessment fixed at $500.
Riddel National Bank. of Clay county; az
| peal for reduction sustained. Assessmen
liked ut $2i.200