The Lake County times. [volume] (Hammond, Ind.) 1906-1933, 1913-05-23
LAKE co. FIGURES
IN TAX INCREASES
tCont,pued from Pase one,

Gary & Interurban Railway Company.
the Goshen. South Bend & Chicago
Railroad Company. the Gary Connect
ing Railways Company, and the valpa-
raise e. Northern Railway Company.
These four roads were appraised sepa-
rately last year and the valuation of
the single holding road this year ex-
ceeds materially the total valuation of
all last year.
This year the road has 1916 miles of
main track and SO miles of side track.
The rolling stock of the four roads last
year remained unchanged under the
new management this year. Last year
the main track mileage of the four
lroads was 57.67, with ga miles of side
track. The increase this year in the
main track was 1909 miles and In the
side track,.os miles. The total valua-
tion of the four roads last year was
$446.425 for main track and in 1918
the same total for the Gary & Inter
urban was s649.0SS. The total valua-
ton of the four roads for side track in
lI912 was seas, and this year it was de-
creased to 1855. The total valuation
for rolling stock in 1912 was s27.27L.
and in 1913 it jumped to S5s.00s. In
1913 the total valuation for improve
and the figures were the same for 1912
The total Increase in valuation of all
property of the road this year was
s234.340. the valuation this year being
is73s.1s1. against s504.s41 last year.
| Rate of Appraasement.
| The rate of the appraisement by the
state board of the new Gary line was
| $500 a mile for it's main track this
year and for the Indiana Railways and
Light Company the rate was s7,110 for
main trackage. These two companies
were responsible for S4s9.S41 of the In
lcrease in the valuation of all the roads
| of the state. The additional increases
that made up the total. $sSe.e01. were
made by the state board in it's efforts
to bring the valuation of the interur-
bans to a more nearly equalized basis
Throughout the state.
One other interurban. appraised at a
higher rate because of the attempts to
equalize. was the Chicago. South Bend
& Northern Indiana Railway Company
lit was responsible for $103.062 of the
total increase. This increase was due
to an increase of 1.o4 miles in its mair
track and the raising of the rate by the
board
The Chicago Telephone Company
contributed to the general increase, be.
ling appraised for total of s552,74,
last year This years figures showed
ls6334S3. This company took over tbs
Northwestern Telephone Company. o.
Howell, Ind. appraised last year a
ls5,7o0.
The increase of valuation against th'
Chicago & Erie road, because of an in
Icrease in the mileage of it's side tracks
and raise from $4,000 to $4,000 a mill
by the board, amounted to $127.S15.
The Chicago, Indianapolis & Louis
!. willie showed an increase of approx
, mately $4,000 because of increased
side track mileage. The Chicago. Terri
lHaute & Southeastern showed an in
crease of approximately $4,000 for tn
|, same reasons. The Chicago extension
Iof the latter road had an increase o
Approximately $4,000 because of abou
i eight miles increase in side trackage
The Grand Rapids & Indiana had ;
similar increase amounting to abou
$4,000.
The Baltimore. Ohio & Chicago las
lyear was appraised at $4,000 a mil
Imain track, the mileage being 1858
J The valuation was raised to $4,000
. mile this year. making total increas
J of s146,33 The second main tract
mileage of the road increased consid
eraly, jumping 1179 miles, principal.
because of extensions in Kosciusk
: county. The valuation of second mai
track remained the same as last yea
at $4,000 a mile. The total increas
, from that source was s94.320. The tota
) valuation of this one road was almos
l a quarter of a million dollars highe
I than last year.
t The Chicago, Lake Shore & Eastern
E valuation on it's 1896 miles of mai
e track in the estate was raised fror
VI $4,000 mile to s5o,oeo q mile by t