Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1906-01-24
-FOUR ASSESSORS.
~ - -
Annual Report Of the
| State Board for 1905
Submitted to the Governor and
Council Tuesday.
State Valuation Shows a Increase Of
$5,730,8lo Over 1904.

!
1905. which has been submitted to the
Governor and the Executive Council:
| The total valuation of the cities,
towns and plantations for April 1st,
1905, Us certified by the municipal az
SCISSORS amounts to s329, 1924, an in
crease of Sa.130.Sl0 over the valuation
! of 1904. The increase in real estate
| valuation is si,Si7, 394, and of personal
. estate sSS3,4l6.
The twenty cities of the State which
contain. approximately. forty-Ilve per
| cent. of the total valuation, contribute
! forty-three per cent. OF the increase or
| s., 49,, $3.50. while the towns and planta-
tons containing fifty-five per cent. of
/ the total valuation have furnished
! ffty-Sevcn per cent. of the total gain or
| 1926. 1870.
| The cotton mills of the State are as
sessed upon a valuation Of $1O,094, I01 ];
woclen mills. s2.419.3O5; pulp and paper
! mills $S.3S5.S20: saw mills. zoos, 143;
other mills not classified. 81. SOS. 525; ma
chinery assessed separately and princi-
! pally connected with manufacturing
| plants. S2.13S.1l4. There is also prop
erty exempted from taxation. mainly
4 Ndlutu ut
! $S24.361.
The foregoing valuations Of the va
rious manufacturing industries as
certified by local assessors are UNI
doubtedly made on a conservative basis
and DO not fully represent the actual
capital employed in manufacturing.
nor do they include the valuation of
! raw materials. goods in process of
| manufacture or the finished products.
! These arc assessed separately from the
: land. mills and machinery.
The railroad buildings, land and i'm
! provclnents, outside of the located
i right of WY which are subject to local
/ taxation. are assessed upon a valua-
ton of 1888, AS9, and of street railroads
S737, 800.
The property of cities and towns, not
including school buildings. is returned
ut valuation of s5.295,356. This prop
erty is exempt from taxation.
Money at interest and taxable Sc
curities are assessed on a valuation OF
/ $l1.SS9514. an increase of $3S0,o65 over
amount assessed in 1904.
/ Stock in trade is valued S1s,001 .341, an
increase of $399.s55. National bank
stock is valued s7,299, 295. and trust and
banking company stock 1857 ,332o. show
ing small increase.
| Logs and lumber are valued $o.S16, S61,
an increase of S25S, 119; wood and bark
are valued 1857 GIG; carriages. Sizes.
4S5; automobiles. s116,45S; and musical
instruments, s.. 056, 294.
The value of live stock is s1i,114,222.
| decrease of s21,S40 from 1904 The
average values are somewhat higher,
but we regret to record a marked de-
crease in the number of farm animals.
| Comparing with 1904. there is an in
crease OF 453 in the number of horses
| and colts. Other kinds of live stock
| show a falling off in numbers as fol-
| lows: Cows, SIS; oxen. S02; young cat
tie, 1889; sheep. 1855; and swine.
3,245.
| The number of polls assessed is 1872
1871, and of those exempted from assess
ment as returned is 1929. a total OF
POS. 800, an increase Of 3.123 above num-
Der reported in 1904. which indicates
that the popula ton OF the State Is
| steadily growing.
| The average amount assessed upon
each poll is $3.50. The total amount of
taxes assessed upon property for State.
county and municipal purposes Is
SC. 92S.1 1877, which is $26S.539 more than
the amount assessed in 1904.
The average rate of property taxa
ton is s21. O3 on each $1,000 valuation.
The average rate in 1904 was $2o.57.
! The amount appropriated for the
maintenance Of highways and bridges
for 1905 is 81 $50. 500. which is approxi-
! mately 500. 600 more than was appro-
priated in 1904.
The total amount Of municipal in
debtedness as returned is $s.0O2.5's. q
reduction Of s434. 400 from the amount
reported in 1904.
The combined municipal debt is
equal to s24.3O OIL each $1,000 Of total
valuation.
One hundred and forty-four of the
municipalities report a decrease OF
debt. one hundred and three have in
creased their debt: thirty-four report
tho same amount of Indebtedness and
one hundred and ninety are free from
debt. a considerable number reporting
q surplus over any liabilities.
| The board has held during the yea,
twentv-eight sessions in the several
counties under the provisions of sec
tion of chapter s, Revised Statutes
as follows: four in Aroostook county
three in oxford county: two in each OF
the counties of Hancock. Franklin
lincoln. Penobscot. Somerset, Wash
inrton and York. and one each in
Androscoggin. Cumberland. Kennebec
Knox. Piscataquis, Sagadahoc and
Waldo counties.
These meetings have been fully at
tended by city and town assessors
giving us every opportunity for in
nuirv. and an examination of nearly
every assessment book in the State.
The total amount of corporation
taxes assessed by the board during the
wear is s1.197.652.5o. an increase above
the amount assessed in 1904 of s75,3l5-
81. We append table showing the
amounts assessed against the several
classes Of corporations for the years
1904 and 1903.
CORPORATION TAXES.
| 1901 1915
! paiIroads ........... .$ilS SsS.02 $3.50 6O1 g
AZ. B.. Truth. St. Paul. June Il. 'na