The Manning times. [volume] (Manning, Clarendon County, S.C.) 1884-current, 1909-12-29
WANTS REFORM
Couphsller-Ceneral jcEes Scores Big
Corporations for
DODGNG THEIR TAXES

DVUuiIs1 lnElk IAALO
He Declares That Large Concern
Are Assessed for Two Li;,le. and
Aen,ions Names o! Some OF
The1,-Spcaks in His Criticism Of
Persons Of Large Wealth.
y, looks as II the naiefacto-s Of
| great wealth. said Comptroller Ger
eral Jones recently. have Set asit"
! the lsvs and adopted a low assess
nent and a high rate !; catches TIE
wage Garner and nan o. moderate
means a.comiug and a'Soing.
The lax Of this State requires
that al property De assessed at lis
true vale In money" he continued
In speaking OF the matter 0: taxa
uon and assessment For the past
| twenty years the comptroller genera!
has been fighting .oc an equalization
o. property taxation both In refer
ence 10 the corporations and the
small TAXPAYER. Little has been gain
ed By the conptrolier's onslaught.
yet !s has had It's moral effect
That there Is inequality in the
assessment Of stree: railways. power
companies and such enterprises will
be pointed ou; IN the annual report
Of the comptroller general. Espec-
tally does Gr. Jones direct attention
TO the assessment OF the Charles
ton Light and Powe. Company.
which Is assessed at s.s per cent OF
i.s capital stock. The capital pale
"a OF this company Is $i.uJo.oV0.
while tho assessment for taxation
L. $4,000.
Comptroller General Jones is Try
Ing to get more Information IS TO
the lighting and power plants OF the
State. In many cases the value OF
the property was not given so that
Il cannot be seen exactly upon what
basis the taxes are placed. A stcik-
Ing example !s the case Of the Green
Vile Gas and Electric Company. the
capital stock of which Is s5s.5oO.
while the assessment for taxation
Is sl43.235. or 26S per cent OF the
capital paid II.
EriGentiy the property mus; ot
worth this much or K would aot
aave been assessed at this :a;e.
while in the case Of othe. companies
.he pe. cent OF capital 70: taxation
appears 10 Comptroller General
Jones TO be much lower than II
should be.
TIE Columbia Gas Light Company
has a paid in capital OF 100000:
gross receipts. ;53.'24; assessed tnT
taxation s5c.s0e: per cent o: czp:-
tai assessed for taxation. sos
Some Instances Citrd-
Charleston Light and Power Com
paav-Capi;al paid In sl.ooo.oo0:
gross receipts sllS.s7s: assessed for
taxation. ses.o3o: per cen, OF capt.
al assessed to- taxation. IS
G--enY.l!e Gas and Light Com
pany-Capita! paid in s53.59o; gross
receipts. s5S.o4::: assessed :o- tax
l,!on. sl43.2So: pr c-E, OF c1p :ai
assessed 70. taxation. :e.:.
Paris Mountain Water Company
Capital paid IN 100000: gross re
ce!p.s, s45.069: assessed FOR TAX
alton. sS4.siO: pc: Get: OF capita!
assessed for taxation. i3.
Caion Power Conpary-Cap!tai
paid n. 100000: gross .eceip"
s30.2I3: assessed toT taxation.
/ s4G0. 900: per cen; Q. capita! assess
&C 70. taxation. so.
G-eenr!l!e Carolina Power Com
pany-Cap!;al paid !n s+50.000:
gross receipts. s5I.""25:: assessed for
taxation. s7l.20S: pc. cent OF CAPT.
;al assessed :or taxation. !o.S.
Beaufort Natevwocks = Capital
pa II. 10000: gross receipts. 81.
aes: assessed for taxation. $1,000:
per cent. so.
Rock Hill Ligh; and Powe. Com
pany-Cap!;a!. sl50.o0o:: gross re-
ceipts. sic.4os: assessed. s3s.l25:
per cent. "a
Camden Water. Light and Pcwe!
Conpany-Cap!tal. 100000: s:oss
receipts. sash: assessed. SO. .o2
pe. Cent, 81.
Georgetown Electric Light Com.
pany-CapitaI. SIS. .003: gross re-