The Lake County times. [volume] (Hammond, Ind.) 1906-1933, 1907-05-18
State Board Swats Corpor-
ate Properties; Steam
Roads Suffer Most.
S12,5OO,OOO INCREASE.
Recent History of Indiana Discloses
No Such Accession in Ger
tain Lines.
Especial to Lake County Times.)

Especial to Lake County I1mes.)
Indianapolis, Ind. May 1S.-The state
board of tax commissioners in this. the
first session, Just adjourned. certainly
did things to the corporate property
of the state. In the recent history of
the state there has been no. such in
crease in some properties and no sach
net increase in all properties that the
state has under its immediate juris-
diction. The raise made this year was
almost $12,500.0 600 over the 1906 figures,
the large part of which was born by
the steam railroads. as was predicted
in these columns some days ago.
The total assessed valuation of the
property of the state that comes un-
der the Jurisdiction of the state board
of tax commissioners was fixed at
36,790,654 by the board of this year,
as compared with s224,377.446 fixed by
the board of 1906 This includes the
assessments for the steam and electric
roads, telephone and telegraph COM
panies, express and sleeping car COM
panies and the pipe line and trans
portation companies-practieall the
large corporate wealth in the state.
Those who were assessed at this ses-
sion of the board will have the OPP
portunity of protesting against this
assessment at the next meeting, to
start July 3 Few changes are made
at that session, hence the assessments
made at this session just closed will
decide. in a general way, the final as
sessments this year.
Property That Was Increased.
In general the following classes of
property received increases over the
preceding year: Railroads. telephone
companies, the Pullman Sleeping Car
company, the pipe line companies and
the transportation companies. The in
terurbans were Increased just a little,
and the general express and telegraph
companies were reduced over the 1906
assessment.
The railroads were hit the hardest,
the Increase being from $1S3.67o,955 in
1906 to $191.377.610 this year, an in
crease of almost $4,000, 900. The larg-
est part of this increase was on the
main track mileage, which was raised
from $141.O64.39O to $149.367,915. The
assessment on the second main track
was increased from $7.412.210 to ST.
974,97o, or about half a million dol
lars.
The side track assessment was in
creased about $1.5oO,oOO. from $10,-
S23.930 to S12,416.95O. The rolling
stock, car equipment etc. was de-
creased from 20.461,6S0 TO s1S.2O1, 400,
and there was half million dollar de-
crease on the improvements, from $S,-
S37,065 to sS,S76.7S5.
Light Advance For Interurbans.
The interurban assessment Increased
about one-half million, from $2Q.616,599
TO s20,990,OO4. This increase was scat
tered among the different roads, very
little to each. The main track assess
mont changed from $17,S6S,SSS to $751;
O00,7sS. Tho second main track assess
ment increased from s1O0,S40 to $685.
$40; the side track from $101,045 to
s127,090. So, too, was the rolling stock
slightly increased from s1,700,051 to
S1,702.2 .256. and the Improvements of the
right of way changed from $S45.365
to SI.oo1.620
The decrease in the express COM
panies amounted to less than 100000,
but was irregular. The assessment of
1907 for these companies was $3.50. 900,
as compared with s1,054,532 last year.
The Adams and tho Southern Express
companies had substantial increases,
but the American. National United
States and Wells -Fargro were lowered.
The Pullman was the only sleeping
car company assessed. and this was
increased from s652.so7 to 1867. .290
The transportation companies were in
creased slightly. too, from s5S4511 to
S64S,906.
Owing to large decrease in the as
sessment of the Western Union, tho
telegraph totals were less than las
year. The Western Union was de.
creased from sS.s37.s23 to S2.5sS,Soo
The other two companies. Fort Wayne
Postal and the Postal remained abou
the same. the one $4,000 and the othei
s37S.16S. and the total was decreased
from S3,7l7,041 to $2.97s.46S.