The Black Hills union and western stock review. [volume] (Rapid City, S.D.) 1904-19??, 1909-09-03
FIX Value
OF PROPERTY
State Board Names Figure
for Pennington County
Assessment.
FIGURES Oh Bank STOCKS IRE INCREASED
State Lowers Realty Values Ten Per
Cent and Increases eaak Stocks
Fifty Per Cent.

81 ~SuG
Auditor Fall has just received the
correct grand list of property in Pen
nington county from the state board
OF equalization, including the prop.
erty Of companies subject to taxation.
There are a few changes from the
finding of the county board Of equal
ization In the value of real estate and
bank stocks. In the realty list a re-
duction of ten per cent from that
placed by the county, and on bank
stocks an increase of fifty per cent is
/. made.
There is in Pennington county sub
ject to taxation 496, 100 acres of land
with an average value of "a per acre,
which valuation was placed by the
county under instruction of state Of
fcials. While this Is a reasonable
value compared to lands in counties
In the eastern part of the state, it
was considered out of proportion be-
cause of the large amount recently
settled upon and construed as new
farm lands.
The board appointed J. c. Hen
erickson to represent the county in
conference with state officials at
Pierre. He was able to present the
conditions in the county in such
manner as to secure the authorized
reduction. This ten per cent. reduc-
tion reduces the land value some
$1,000 0 and makes the total taxable
valuation s1,S03, 3o1.
The value of bank stocks was placed
by the commissioners at s5S, $50, the
fifty per cent increase making it $751;
1858. BY annexing the assessed valua-
tion of stocks of corporations to the
land and personal property the grand
total is IS, 1888, 400. The rate of taxa
tion will now be decided upon by the
commissioners at a meeting to be
held early this month. Last year the
rate was fourteen mills, but it is an.
ticipated a slight increase will be
made. The state tax has been in
creased n mill, making the general
and deficiency funds two mills each.
THE RAILROAD LEVY.
The state board of equalization has
just furnished the auditor with fig.
ures relative to railroads and other
corporations in Pennington county
subject to taxation. 1t shows there
are nearly 300 miles OF railroad in the
county, or, to be exact, 1903 miles
OF this amount there are SOL miles
in Rapid City. The total valuation
of railroad property is 81, 606, 264, OF
which $685. 400 is in this city. The
valuation last year was $3.50, 1913
The appended figures will show the
status Of each road as to miles and
value Of property as listed by the
state:
No. Total
Miles Valuation
". o. ~. W., D. II.
Div. R. G. 49,. 3.01 9 49,0S'
C. & N. W., B. H.
Div. R. C. 80. 22.85 las, 50;
p, R. c. s. N. W.,
Wall ........ IL 2,22;;
p, R. G. b N. W.,
r. c. ....... l.e8 1924,
p: r.. c. g. N. W. 67.94 500, 93'
Mr.. & N. W., r. G. l.21 7,75'
M. R. & N. -. 31.1S 31,1S'
C. B. 81 @. Edgemont
to Deadwood 31.ss 1856, e8
G. B. g. @. Keystone
Branch 80. $50 1890
White River Valley,
lR. c. 1860. 1888 1892
White River Valley 6S.48 1884, IA
Western Union Tel
ephone Co. .... 1879 14,45
Adams Express Co. 80. 2,35
American Express Co. 1898
Wells Fargo Express Co. >. 1853
The Pullman Co. ...... 4,39
Great Western Tel. Co. =. 1,34
Hermosa Tel. Co. ..... IS
Nebraska Tel. Co. go. 1884
Rapid Valley Tel. Co. -. 1,73