The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1909-05-13
EQUALIZATION
GOT VALUES
Lower Than Present Valuation
Of Boards 9 Directors
For 1909

That Oklahoma. public service cor.
p0rations are indeed prosperlng "
shown by the reports received by the
state board Of equalization from the
companies listing their property val
ues for the year 1909. Sixty public
service corporations, composed, main.
" Of electric light and gas companies
with a few gas transportation c0mpa.
nies this year returned a total val.
uation 20 the board Of S5,Os5,4S9 as
against es,O49.355. the assessment
made by the state board OF eQuaIza.
ton for the same property last year
Last year these companies reported
their property almost 90 per cent bo-
low what the board assessed u ana IN
some instances The board raised Il
more than double Almost In every
instance the companies are voluntarily
placing valuation upon their prop
erty this year above the valuation
made By lho board FOR last year,
The oklahoma Gas and Electric
Light company reported thnlr proper
" for 1908 at Sigf279, and
the board placed yal'
uallon Of s7OO.O00; this year II
reports lts property for taxation az ST..
abl, 1867. The Muskogee Gas and
Electric company last year valued
their property at sl27.a7l5O; the
board placed the valuation At $500.
600, and. aB returned for 1909, It Is
valued b. the company at SS33, 3,755T5.
Other items follow ENID Electric
Light and Gas company, b0ard vaIia.
tion last year, slS7000, returned this
year at s9AS,0nb The Chekasha iGlec.
trlc Light company last year vaua.
iion, giG.g57 'elurned fos 1909 at sig,
765. Gal5reaih Gas company. valued
BY themselves In 1908 at sl6,025. th9
board assessed The property al S3t.
16O, ami this year # reports "a yalua-
lion Of 9i9.970TO.
The oil distributing companies all
show q great lncrease IN valuation on
account Of enlarged business and more
interests acquired The Marshal on
and Gas company last year reported
q yaluat Vi Of si2,8g6.48, and thla year
ulaco their interests 40 a20i29O The
uklahnIu Gas company reports for
1909 valuation of 8l09g, ,Ol7.78 as
igainst S205337 for 1908 The Usage
and Okli h0ma and Gas company IN.
creased IN valuation during the year
from s5eea4 to si02.49i.2b; the OK.
mulgee Light and Power company
shows az increase from 8li,690 IN
1908 to SiG.as0 for the current year
The Sapulpa Light aud Power com.
nany increased from 825,000 boards
valuatinnl to Si0,ss00i The shaw
rec Gas end Electric comwny report
ed valuation Of s77sT7Ss to Tho
board last year was raised 10 g275,0O0
and they voluntarily yllue the proper
ty this year 1t gie0,6bRg4. The TULSA
Corporation Gas company Increased
from sls,595.55 10 100000 The Shat
tuck Light company sold during the
| year 10 he city OF Shgtlnck. Il wa.
valued last year et Qi,5fi,50, The
Tulsa Wnier Heat and Light company
sold last July 10 the city Of Tulsa
Last yeur's valuation was gilA,78O
Some Dividends.
wilnstandlng the reports TO ths
contrary the reports gh0W that the
companies nearly ell made good mon
ey upon their investments last yeaI
after paying their taxes In the sun
assessed The reports Of Tho c0mpa
nios so fat reported show o. high ri
SO 70 80 per cent to be made durlnf
the year by companies upon their cap
| ital stock.
The Btrtlesville Water company
capitllzfa At s3g.gB6. made net prof
L last scaf. according 70 their state
menl. Of Si0.57OS7. The majority o
tho companies average high. The Ga
ney River and Gas company m9de {
net profit during the year of e88.17i.
a7, and - capitalized at s220.0O0, Ths
Duncan Ice and Light company. val
red at 100000 mlde el2,203 durlnf
The yea i90g THE enid Electric
Light. and tlas company upon an In
yostmehi o. s500,000 eafned e26.7fa.
i6. Tho Indian Territory Illuminating
ION c0nipany earned ga79l2Sl durlus
the year and hts capital stock 81
s8.50a The Musk0gep Traction com
Ipany made s275940a upon as ieves
imenf of S245.000. The Mnak0aee Gns
and Electric company reports d prDii
.lpf O. qs119 ppon Az iuvcHtmeDs O
EsI WIG geo, Tho ahaituek IsIenirii
lfight Crfnnanf realized sif 312 81
i during the year or q per cent 81 lhei
capital stock The Southwestern
Light and Power company Of sailsav
lrep0rts earning a44as0 on an invcs.
ment IL sal 800.