Omaha daily bee., 1908-06-12
DELAY IN THE ASSESSMENT
County and School 0ffcers Anxious to
Know Railroad Valuation.
TINE SHORT FOR THE SCHOOLS
state University Graduates the LarR-
est Glass in It's Undergraduates
A. TOvne Delivers Address
TO the students.
rrom a slnr correspondent.l

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From a Staff Correspondent
LINCOLN. June u.-Cspecial)-The action
Of the State Board Of Assessment in de-
laying the final assessment of railroad
property has created considerable worry
out In the state among county and school
officers. and letters are now being received
at the state house asking for school dis
trict valuations. The law requires that
annual school meetings be held on the last
Monday in June. At this meeting estimate
Of expenses are made for the year and It
is important that the school officers know
the assessment of railroad property in
their several districts. The delay of the
Board of Assessment makes 1t practically
impossible for the returns to be made to
the county superintendent in time to be
Of use at the coming school meeting.
The board has not even officially assessed
the railroads yet, and with the exception
Of Secretary Of state Junkln no work is
being done toward getting at the valuation
of railroad property under the provisions
Of the terminal tax law.
Governor Sheldon and Land Commissioner
Eaton leave Saturday night for Chicago
to attend the national republican conven-
ton, which meets Tuesday. This makes 1t
practically impossible for the board to do
anything before the following Monday,
June %. Should the assessment be made
on that date, it is necessary for the sec
rotary to the board to certify the values
out to the county clerks, who in turn
certify the school district valuation to the
county superintendent and he to the school
district officers. The work cannot be done
by the 18th, when the school meetings are
held.
In the opinion of one member of the board
the railroad assessment could have been
finished a week or ten days ago, but it
has been Impossible TO get the board MEM
bers together. though frequently all of the
members nave been in Lincoln during
these days. The date of the next meeting
of the board has not been fixed and it
may or may not be held in time to clear
the decks for action in the matter of equal
ization OF county valuations.
Big Increase in Valuation.
The indications are the valuation of
Nebraska property this year will be
higher than ever dreamed by the most
optimistic OF the states boosters. An in
crease of from $50, 900, 900 to $40. 900, 900
IN real estate alone would occasion no
surprise around the state house.
So far no county assessor has made his
returns on county property because the
County Boards of Equalization are meet
ing, but reports from officials have been
received through correspondence from two
of the smaller counties. One of these
increased it's real estate 6,0O0,0 900. or
from $4,10O, 900 to $40, 900. 900. Another
county still smaller has made an Increase
of so, 600, 900, The increase in the value
of real. estate in the eastern counties, of
course. is expected to be less than the in
crease in the western counties, where land
l,-s.- A.. 1,.N TD.Vr xyazRa kaa gpo rnd nnf
Of sight, but with two counties sending
in an increase of 6 200, 900 1t would not
be surprising If the ninety counties
i, umped the state valuation clear over the
moon. =
Real estate is being assessed this year
for the first time in four years, which ac-
counts for, the large increase in the valu-
alton.
Another explanation has been offered for
the action of the Northwestern railroad
returning it's physical property so much
higher than ever before, especially its
. bridges. Under the provisions of the
terminal tax law, as 1t likely will be
worked out by the State Board of AS.
: sessment, the higher the physical prop
erty is valued the less will be the value
, Of the property in towns where ii woulC
be soaked for municipal taxes. TO find
: the value of the franchise and rolling
. stock the board will deduct the physlca
value from tile total value last year. III,
total values being the same for this year
Should the physical value be high tn,
franchise value will be low. and this Il
v the value which will be added to tn
property in town. Should the physica
e value be low then the franchise value Il
\ be added in the towns and cities woulC
Il be high and the town and city taxes cor
respondingly higher.
e University Commencement.
Following the parade of seniors, member
of the Board of Regents and faculty of tn
a State university this morning, occurred tn
commencement exercises at the city audi
torium. Diplomas were presented to tn
largest class that ever graduated from tn
university. Governor Sheldon, as com
n mander-in-chief of the national guard, pre-
n scented the cadets with their commission;
The Auditorium was crowded to the door
and many had to stand. The commence
ment address was delivered by Senate
Charles A Towne of New York. Senate
Towne in his remarks reviewed the his
tory of the country and paid tribute to tn
men who adopted the constitution of tn
United States and shaped the course of tn
{ nation in its early days. He believed ever
a. man should be a partisan through holdln
N NlAlANiAohlP aDONO pdlN9 ~ NOhSluuc
l. with an attack upon the governments Phi
ippine policy.
List of
Following is the list of graduates, tn
he members of the law department being ac
mitted to the bar by the supreme coul
this afternoons:
Bertha Mary Akin, history.
Amanda Eivtra Anderson, mathematC
and physics.
e. Evelyn Susie Axtell, English lteratur
~ and rhetoric.
n Edyth Estelle Baker, English literatur
= and botany.
a. May Noble Bardwell, geography. geolog
a. and botany.
lie Theodore Benda, chemistry and physiC
and German.
o. Cora May Berkey. American history an
As rhetoric.
te Nell B~ridenbaugh. English literature an
~ rhetoric.
ne Minnie Catharine Bristol. German an
~ American history.
Mt Mary Letitia Brewer, English literatuI
OF and American history.
Mary Elvena Brown, history.
IS Edward LeGrande Cherry, botany an
ne zoology.
Charles Leroy Cherry, general sclenc
ta physics, botany and zoology.
Edna Ellen Cole, English literature an
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