Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1907-01-01

STATE OF MAINE-kcnnebcc s:
County Commissioners of Kennehec
County. Edwards Manufacturing
Co.. petitioner for Abatement of
Taxes.
DECISION.
The assessors of the City of Augusta
for the purpose of the assessment OF
taxes for the year 1906 placed Il valuc-
ton for that year of $1,O44.513 upon
| real estate of the Edwards Manufac-
| turing Co. described in the record OF
| assessment of taxes of the city for
that year as mill privilege and DAM
watcrpOwer developed thereon and all
factory buildings and all land connect
| ed Herewith owned and occupied by
said company for mill purposes. includ-
ing all machinery in said buildings,
| 101 900 spindleS.'
Said assessors also placed an ag-
gregate valuation for said year of S132.-
$50 upon various distinct pieces of real
estate Of said company not connected
with the manufacturing plant proper
and embracing all the real estate, out
| side of the real estate described in the
preceding paragraph. owned by said
Company and liable to taxation in said
Augusta.
Said assessors placed n tota! valua-
ton Of s251. 1874 for said year upon ccr-
tain personal property of said Com
pany described in said record OF as
| sessment as Il horse. $50: l jigScr
wagon. S77J: l sleigh. So: stock in pro-
cess of manufacture SOL 800: coal, t2JJ
T.. s2125: cotton. 100000 lbs at 13c.
s16S.0G0: starch, 5C96O lbs. Sc. $1O19: oil
5000 gals. $500; supplies. Irvine. flannel
! rope. machine parts, etc. $4,000
on the It'll day of May. 1906. being
u ilhiE two years from the date If s,Icl,
assessment. said company presented to
the assessors of the city of Augusta for
such year It's application in writing
| praying that said &Sses SorS would make
such abatement in Tho amount Of the
taxes assessed upon said property as
should be reasonable and just. and
| stated in its written application the
GROUNDS therefor The assessors; on the
18th day Of August. 1906. refused to
make the abatement asked fer and
| thcrcupGn said company applied by pc
tt!on to this board at its next moe ing.
| lnd at an adjournment thereof held
sept. Is 1906 an adjourned meeting of
court house in Augusta on "Wednesday
| Tie 1Ith day Of DctuAcr. 1906, at 10
"'clo, x \. NJ. for the purpose of hear
inE ill.,. parties ana adjurlicatirG uron
! tn, petition. Herring was had at the
place AMI time ordered ana the p"t-
| TONERS and the city of Augusta duly
| arpcarci and were represented by
| counsel. ON said date and on other days
mutually agreed upon. the respective
rnrtics were heard together with their
witnesses, evidence and arguments of
| counsel.
| At the various hearings this board
! admitted evidences to prove the fair
| market value. and by fair market VAL
ue we mean the fair value as between
| one who wants 10 purchase and one
! WHO wants to sol. on April |. 1896. OF
! the aforesaid personal property and the
! aforesaid real estate. And this board
! also admitted evidence to prove the
/ fair market value as just defined on
| April !, 1906. of numerous pieces OF real
| estate situated III the residential and
| business sections Of said city. and also
| the valuation placed By the assessors
| of said city for the purpose OF taxa
| ton for the year 1906 on the same
| pieces, and we are of the opinion that
such evidence was ample to prove the
| fair market value of property general
| Nv throughout the city and the valua-
| ton placed by the assessors generally
| upon such property for the purpose Of
| taxation.
/ After the most careful consideration
| OF the evidence in this case. we hnd the
| following conclusions of fact:
l. With reference to the items OF
personal property described in the as
sessment. there was no controversy be-
tween the parties except as to the stock
in process. cotton and oil. With ref
erence to the cotton and oil. the petit
TONERS did not controvert the assess
ed number Of pounds. but did the as
sessed price per pound. We find as
matter of fact that said company had
on April 1. 1906, subject to taxation
1,4O0. 900 pounds of cotton of the fair
market value Of .1165c per pound and
of a total value Of $163,100 and 5000
gallons of oil of the fair market value
OF .O675c per gallon and of total value
| OF s2O2.5O. With reference to the stock
in process, the petitioners controverted
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