The Montgomery advertiser., 1905-01-24
MONTGOMERY ASSESSMENTS
 SHOW SURPRISING RESULTS
Business Property Given in at Half Its Value-MrS E.,T. Bragg Largest Individual Tax
 payer in the City.

assessments increased throughout Ala bama to overcome the lowering of the State tax rate from 75 cents on the hundred dollars to s5 cents on the hun dred dollars.
 $ Each property owner personally makes returns to the Tax Assessor of his property. giving 1t into the Asses sor at what he says is it's value. The Assessor takes his statement, enters the figures in his books, and when his books are completed he turns them over to the County Board of Euualiza- tion. This Board examines the assess ments and endorses them or if it should so decide notifies the property owner to appear before the Board and answer why his assessment should not be i'm creased. Having been approved by the Board of Equalization the assessments go into effect.
 Some Interesting Figures.
 The tax books which are just being completed by Assessor A. H. Eubanks and his assistants show some interest ing figures. As has been before stated, the largest single item is the First National Bank building, assessed at s127,000. The next largest assessment in last years books is this year a hole in the ground, fer it is the old Ex- change Hotel, which was put down for S100, The Moses building, which belongs to the estate of David Wright. is put down for ss5,ooo. The Union pas senger Station of the Louisville and Nashville Railroad is assessed at $100,- 900, and it's freight depot is put down at $50,000.
 The largest single taxpeyer in Mont gomery County is Mrs. E. T. Bragg. She pays taxes on s1s2,O00 worth of real estate, the most of which is gilt edge property in the business section of the city,
 Next to Mrs. Bragg the largest in dividual tax payer is Henry M. Hob- bic. Mir. Hobbie pays taxes on $153,700 worth of real estate. The real estate of J. B. Nicrosi, another large Mont gomery property owner, Is assessed at s1O5,500. The estate of David Wright pays on the Moses building alone s95,- 900. The real estate of Gen. B. L. Holt is assessed at $S5,000.
 Assessment of Estates.
 The largest family assessment is paid by Griel Brothers, the total of their holdings being assessed at $259,- 500. The Crommelin family pay taxes on $122, 500 worth of real estate. W. K. and Arthur Pelzer have real estate assessed at $9S.5o0.
 Paul LeGrand and his brother pay taxes on $76,500 worth of real estate. M. B Houghton and his brother are assessed for $63.300.
 The biggest tax payer in Montgom- cry, however, firm, person or corpora tion, is the Merchants and Planters Farley National Bank. This institution pays on the enormous amount of $6S0.- 900, all of which is in personal prop erty, money stocks and bonds. The bank pays no tax on real estate.
 The next largest corporation tax payer is the Western Railway, which has property assessed at $629,OO0. The Western pays more taxes than any other railroad in Montgomery.
 It will surprise most people to learn that the Atlantic Coast Line pays more taxes than the Louisville and Nashville Railroad Company, yet such is the fact. The assessment of the Atlantic Coast Line is $6e4.000 while the Louisville and. Nashville pays taxes on $60o,000.
 Two of the largest firm tax payers of the city are Winter. Loeb & Company, and Gerson & Sons The former firm pays taxes on $16S,OOO worth of prop