The Montgomery advertiser., 1907-08-03
State Tax Commission Fixes Amaunt. ASSESSMENT IS OVER
 MILLION DOLLARS Other Assessments Have Been
 Made Public. Birmlns .sm Street Railway Company is Highest Valued Franchise in state-Some of the Figures
 Are Interesting.

The Southern Railway, according to a decision of the State Tax Com- mission yesterday, must pay taxes On $l.S7b.000 worth of property which. &C., cordtng to Secretary of State Julian, 1t has not possessed since Thursday
 That Is the figure at which the Stats Tax Commission. according to a sched. ule of assessments given out yesterday, has assessed the intangible holdings" or. in other words, the franchise, of the Southern Railway.
 The Tax Commission either did not take ofhcial cognizance of the action of Secretary Julian in revoking in .ts entirety that franchise, or else 1t did not place full credence in the legal power and authority of MT. Julian to take the action that he essayed to do ,
 The State Tax Commission gave out a list of assessments on the intangi- ble property of corporations doing business in the State of Alabama yes- terday. There arc forty-seven of these corporations whose franchises are as- sessed for taxation. and the total value of the franchises. according to the findings of the Commission, is 316.- l75971.
 There are but two of the forty-seven corporations whose Intangible prop erty" Is valued at more than . million dollars. And one of these is the Southern Railway. which the Secretary of State has declared has no franchise to do business in Alabama whatso- ever.
 The highest valued franchise in the State Is that of the Birmingham Rail- way. Light and Power Company of Birmingham, which must pay taxes upon the enormous total of $3.75o.00o The next highest assessment. and the highest of all the railroads in the State. Is that fof the Southern Railway. which Is given a valuation of $1,s75.ooo.
 Among the other railroad systems In the State. the Alabama Great south ern must pay taxes on a valuation of $799,725, the Western of Alabama on S990, 900, the Mobile and Ohio on $600.- 900, the Central of Georgia on $871.S7S, and the Seaboard Air Line on $121,s0O
 The Southern Express Company gets off with an assessment of $6o0.o00, while the Southern Bell Telephone Company must pay on $975.765. The Western Union Telegraph Company is assessed at only $50.000. while the as- sessment of the Postal Company has not yet been fixed.
 The Montgomery Traction Company is assessed at a much lower figure rhan is the stret car company at either Bir- mingham or Mobile. The Birmingham company has an assessed valuation on it's franchise of $3.750.000, that at Mo- bile of $905,91 and the Montgomery Traction Company of only $365,O00.
 The Montgomery Light and Water Power Company has its assessment fixed at $661, 1000. and the Citizens Light, Heat and Power Company at $15,000. The Peoples Line of Steam CTS. running down the river from Montgomery, is assessed at $60,OS0.
 The list of assessments given out yesterday is not 8 complete list, as many assessments have not yet been determined upon. The following is the list of corporations and their assess ments as fixed by the Commission: nusLaoaa R R Co l6,S26