The Richmond Virginian. (Richmond, Va.) 1910-1920, 1910-09-24
SETS PACE IN
OLD NORTH STATE
Raleigh Keeps Weu-Abreast of
the Times and Still
Booming,
TAX ASSESSMENT GROWS
Public Service and Industrial
Corporations Get Increased
Valuation.
TAX ASSESSMENT GROWS

| Especial to The Richmond Virginian.)
| RALEIGH, n. c., September "a
| Raleigh is just now setting pace in
the matter of new buildings for which
people Of the State may we'll feel
proud In the light OF the progress
OF their capital eatr. The grand total
of work In progress during septem-
expended for new asphalt streets
being included TO round up these
| figures. The officials OF the Raleigh
| Chamber of Commerce and other or
| CARNATIONS that keep in close touch
| with the progress OF the city, declare
that the demand for stores. modern
offices, apartments and dwellings was
never so great as at this time.
| Public service and miscellaneous IN
! dustrial corporations OF North Caro-
/ lima get net increase Of tax assess
ment valuation this year through the
corporation commission of $4,41o, 2sS.
the total assessment OF public service
corporations being s95,444,707. and
increase of $2so.ssz ana OF mis-
| celiansous Industrial corporations.
$1o0.s14ss2 and increase of $s.15s.-
551, The banking interest of the
State show an assessment valuation
of s1S.70s.IIl. n gain of ss12.e4s.
Building and loan associations show
/ $6,2sS.Ss8 valuation. Il gam OF Ss2e.-
III.
Other industrial corporations show
total assessed valuation OF 75,s1o.423.
gain Of Sl,416.osl. Or the pubic
| service corporations no changes have
been made in Southern Express Com
pany, or bridge and canal COM
| panies. Valuations OF steam boat COM
! panies get a dsorease OF $S6.425;
street railway companies. sS0.a66. and
water works companies. SGT, 500. All
other classes get increased assess-
ments. Electric light and gas Gem
panies lead with sss3.ss5 increase;
/ telephone companies $206.82l in
crease: railroad companies. s6ss.s
increase, and telegraph companies.
S4.s21 increase.
Appointed Delegate.
Hon. NJ. l.. Shipman. commissioner
OF labor and printing. has just re-
ceived commission from President
J. l., Patterson. OF the North Caro-
I kiIid SOo0 lkQdQ6 ASSOCihttQIl, as
delegate from this State to the South.
ern Appalachian Good Roads Assooia-
ton, whtah will be In session in Knox
Vile. Tenn. October 5. and .. Mr.
ShipmAn 10 az enthusiastic advocate
OF systematic road building and hai
in the past few months put In some
telling work In the matter OF united
move for constructing a great State
highway from Wilmington to Ashe.
vile, an enterprise that Is already III
process Of naturalization through the
organized efforts of good roads
leaders in various sections of the
State.
(sets Charter
4 The secretary OF State charters ha,
granted charter to the Mica Bel
Line Railroad Company, OF Cranberry
having for its purpose the construc-
ton of a railroad from Cranberr,
fifteen mtles to q point on the Caro-
lima and Chnehfieid railroad between
Aitapass and Spruce Pine. 1t In t.
go by way OF Minneapolis along thu
North Toe river to Prumtree ant
thence to whatever junction with ths
Carolina and cnnchiieid that may b,
selected. The capital is 100000 ans
the principal incorporators are T. B
and T. v. Vance. r. Nj. Burleson ant
others.
y Another charter il for the Efirs
Company, Of Gastonia. capital $50, ZOO
by e. l. Efird and others. OF Char
iotte, for mercantile business. Tn.
Adams Drug Company IL anothe
1 GastoniA concern chartered .Th,
capital 10 SIS, oeo and j. L. Adams on,
OF the principal incorpoYators. Their
Cumberland county, capital 10000
for lumber elactrfc u1ht4 and cnsfn,