The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1911-06-10
Company in Making Tax Re-
port Overlooked the Fact
of Its Purchase Of Mains Of
Defunct Gas Company.
ABINGDON FARMERS
POUR IN PROTESTS
A Busy Assessor Breaks Pre-
cedent by Decided Boosts
in Real Estate Values in
that Township.

Without taking into account the in
crease in the valuation of their prop
erty by reason of the purchase OF the
pipe lines in the city of the defunct
Richmond Natural Gas company, the
Richmond Light, Heat and Power
company this year reported to the
board of review of Wayne county that
it's property was of the same value
this year as last. which was $S6,430.
But the board OF review thought
otherwise and increased the assess
ment to $1O4.94o Though the COM
pany may be dissatisfied its only
chance of redress now is to appeal to
the state board of tax examiners.
The valuation of the pipe lines ac-
quired from the defunct gas company
was obtained by ascertaining that the
state board of tax examiners had Ak
ed the 1910 valuation OF the natural
gas company's pipe lines In this city
at $4,000 Making liberal allowance
for depreciation during the year the
board concluded that it was just to
raise the 1911 assessment OF the r. L.
H. & p. company approximately $751;
900 over that of the year before.
Farmers Protesting.
The board is having to contend with
complaints from almost the entire
farming population Of Arlington town.
ship. The assessor. Addison Roby. be
lieved the real estate assessments oi
four years ago was unusually low for
the market value Of the land and on
Instructions of the state board, he
made liberal increases in the quadren
nial assessment of real estate taken
this spring. The land as now ap
praised averages in taxing value from
SIS to $32 an acre. This is an in.
crease of from 81 to SO an acre. The
market value is said to be no less
than $65 an acre. Because of the un
usual discrepancy between the esti
mated market value and the known
appraised value, the attitude Of the
board members has been to allow the
assessments on Arlington township
real estate to stand.
There have been few complaints
from the other township real estate
owners and the few complaints made
by property owners in Richmond have
with few exceptions. been made by
the chronic kckers.
On Friday at Indianapolis, the state
board of tax commissioners consider
ed the taxing value of traction lines in
the state The boards decision as eff
fecting Wayne county is the valuation
of the Terre Haute. Indianapolis and
Eastern, $235,2S4, and the Ohio Elec
trio $17,333.
Latest Assessments.
The corporation assessments as fix
ed by the county board of review or
Friday afternoon and Saturday morn
ing are as follows:
1910 1911
Light, Heat and Pow
er Co ........$ s6.430 $104,s4t
Minck Brewing Co :. $4,000 1886
Richmond Safety Gate
company ..~...... 100 7,1S(
Richmond Chair Co.. $500 $500
Richm'd Country cub 800 800
Richmond Ath. assn. 10,5S0 1O,1S(
Richmond Abattoir Co $4,000 12,7Ot
Richmond Furn. Co.. 3,130 1856
Richmond Candy Co. 1920 1906
Rich City Waterwks
Richmond ...... :. $500 95,56t
Rich. City Waterwks
Wayne Twp ...... los, ,730 1O9. .4S(
Richmond Piano Co so 81
Richmond Casket Co. 36,42O 3S.94(
Richmond Handle Co. $500 3.7st
Remington Piano Co. 60 81
Robinson & Co ...... 1850 1866