Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1912-08-06
4 Families A Assessed at $6,55O,75OI
WOMEN BIG TAXPAYERS
Grant Fortune Is Rated First in
Atlanta, With the Gambler
Wealth Second.

Partial revelations Of the amazing
/ fortunes made by leading men and
women of the city in Atlanta real es
tate are contained in the record for this
years assessments. just completed to-
day
While few Of the wealthiest bust
ness men have but small land holdings
the greater part of the wealth repre-
scented. mounting up into the millions
is in real estate
The figures given are the more
astounding when it is remembered that
they represent at most but so per cent
of real value, often less.
Four Families Pay on $6,55o,75o
-Four families figure with striking
prominence. Members of the Grant
Gambler, Peters and Inman families,
or interests in which they are large
holders, pay assessments on total of
$6,55O,750
Mrs. w. D. Grant. with a total as
sessment OF $6OS,O Mrs. Sarah Grant
Slaton, with S46S. 700; Mrs. J. V. D. IN
man, $2S9,00O, and Mrs. j. NJ High
with $3.50 900 head the list of wealthy
women.
Companies and corporations mako
their returns and pay their taxes a a
unit and it is, therefore, impossible TO
get definite information as to the in
dlvldual interests. But realty and per
sonalty assessments are recorded in the
individuals name.
Within the last two years the as
sessments nave been increased $50
100000. But even now experts esti-
mate that the assessments are only
about 80 per cent of the real value.
First in order of amount is the Grant
fortune. Most of the investments were
made years ago. but no property in At
lanta has been kept up better by i'm
provements. Included in it are two of
the tallest office buildings-the Grant
building and the Third National Bank
building-and many of the best central
structures.
John w. Grant Began Life Poor.
The foundation of the fortune was
laid by the grandfather of John W.
Grant, He was a contractor and be-
gan life poor Today John w Grant
pays taxes on $74S, 800 of real property
and S14,60O of personal property. He
holds a large interest in the Grant
Construction Company, the Third Ma
tional Bank building. assessed at $500
600.
Mrs. W, d. Grant. his mother. is as
sessed at $572,S00 on real property and
$35,200 on personal
Mrs. Annie Inman Grant. his wife.
pays on $4,000 realty and $4,000 per-
sonal property.
The Kimball House Company. owned
by John w, Grant and wife, is assessed
at s475,OOO.
Mrs. Sarah Grant Slaton, sister Of
Mr. Grant, pays on $4547OO personal
and $4,000 realty.
Gambler Fortune Rated Second.
The Gambler fortune, the principal
owner Of which Is Asa G. Gambler.
ranks next. It is fortune made all
most magically in the modern business
world through the Coca Cola Company.
much Of the profits from which having
been invested in Atlanta real estate.
Asa G. Gambler pays taxes on s43. 900
real estate and on $4,000 personal
property.
The Coca-Cola Company pays on
$1,5O7.7O0 real property and $4,000
personal property.
John S. Gambler pays taxes on S37,-
900 realty and $3,425 personal
The Healy estate, almost wholly real
estate, is one of the biggest items on
the tax books. w r. Healy. the sole
heir, pays on $290429 realty and $4,000
personal The Healy Real Estate and
Investment Company pays on $61S.12O.
A. G. Rhodes is one of the biggest
taxpayers. His real property holdings
are assessed at $727,75O and his per
sonal holdings at $12.5OO. He owns a
big interest in the company Of Rhodes.
Wimpey 4 Haverty the property being
assessed at $4,000. His son. J. D.
Rhodes, pays on $45,8O0 realty and
$575 personal.
Inman Holdings Among the First.
The Inman fortune is one of the big
gest and individually the members OF
the family are among the biggest tax
payers besides their holdings in COR
porations.
S. NJ Inman is assessed at 1884. 900
on realty and $40, 700 personal
Mrs. J. V. d. Inman pays on 1924. 500
realty and $1,000 personal.
r. II. Inman pays on $302.5O0 realty
and S12, $50 personal
Inman, Akers e Inman is assessed
at 100000 personal.
The Hugh 7. Inman estate is as