Graham guardian., 1913-08-08

ham at $l33.75. There are four in
that county. Assessor Campbell re-
ferring to motorcycles, said it was a
class of property that seemed to be
assessed too low when they run in
price from 5000 to $3.50. The ex-
animation of the Graham assessments
was completed shortly before 10
O'Clock, at which time Assessor j.
H. Kirby and C. P. Dunn, a member
of the board, were called to the
stand for Greenlee county.
The highest price assessed cult
waited land in Greenlee was $3.50 per
acre for orchard land. There are
only five or six acres of this land
and it was classed by itself.
In GreeDlee they assessed so-called
waste land at $1.25 per acre. The
waste land, according to Kirby, is
not used for anything. Some of it
might be called grazing land. while
some is nothing but mountain sides,
cliffs and rocks. You could not
feed COW on fifty or sixty acres
of it" said Kirby. Land adjoining
the town of Duncan was assessed at
SITS an acre. A. S. Henderson,
chairman of the Santa Cruz board,
stated he thought the so-called
waste land of Greenlee was worth
as much as the common grazing
land in Santa Cruz and Cochise.
Town and city lots in Greenlee
were assessed at $258, ITO, against
$9l, l40 in 1912. Kirby said they
arrived at the value of town and
city lots in various ways, principally
by actual sales. On the question of
the assessment of banks, it was re-
marked it was not believed that the
book value of stock represented the
actual cash value. Are the banks
assessed on the market value of
their stock or on the book value?"
asked Campbell, to which Chairman
Zander replied that so far it had
been found three banks in the state
had been assessed on their market
value. Campbell said all the banks
should be treated under a similar
method. Il believe up in Yavapai
we got orders to use the book value,
and | don't see why the tax COM
mission doesn't demand that their
instructions be carried out" said
Campbell. P. j. Miller, member
of the tax commission, said he be-
lieved Campbell had got the wrong
impression, after which the latter
proceeded at once to dig down among
the big quantity of documents in an
effort to locate the letter containing
the instructions. ]. 7. Bone, assessor
of Maricopa county, remarked he
believed he had received the same
instructions. Greenlee assessed it's
banks on the book value on capital
stock paid in, surplus and undivided
profits.
In 1918 the number of head of
cattle assessed in Greenlee was 49,
484, against 1856 in 1912, showing
the largest cattle increase of any
county examined so far. Kirby
partly explained this great excess in
that they had found about $4,000
head had been assessed in another
county the previous year, when they
should have been under the Greenlee
rolls.
In Green!ee GIG range horses were
assessed at $22.31 and 399 work
horses, classes A and B, at $59.19.
In Graham county it was found a
number of the work horses had been
put in the saddle horse, class B,
were assessed at $40.37, twelve
stations at 500, 220 mules at $91.77.
against 104 at $46 80 in 1912. The
increase in mules comes from
contract for a new smelter, sixty or
seventy-five of the number being
supplied from Maricopa county.
Two hundred and fifty mix cows
were assessed at $S5. l6, ll45 bulls
at SS6.l4, 400 sheep at S. 25. all re
markable increases in number. Kir.
by said there had been no protest
in Greenlee in assessing sheep at
$b 25. One hundred and nineteen
dozens of poultry were assessed at
$5; stocks of merchandise at $722,-
269, an increase of 1876 over last
year. In 1912 the smelter supplies
were included in the abstract on
merchandise. This year it is segre-
gated. Kirby said the Shannon and
Arizona Copper Companies aave him
inventory statements to assist him
in making their assessments.
The question of placing property
owned by the city, county and state
on the assessment roll came up
shortly before noon. Greenlee and
Cochise counties carry all that kind
of property on their rolls. With
that property added to our rolls the
total assessment would be increased
more than S3,000,000," said Frank
Luke a member of the Maricopa
board.
Greenlee, up till noon, had been
the only county that had not assessed
its water works on the full valua-
ton, as found by the corporation
commission. The corporation COM
mission valued the Morenci plant
&EA1 900 - Ii