Gunnison news-champion., 1914-04-10
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kn0cDnD - AGS
As " sae yslsszsss q ss4Dws
fer rsxssssa
49, 49, - -
rhss the aass~sars ~ - sae
actual salse f al pesD.rv - aaa
pUrpRss m snsnsDsu9, = = 40
ds;y. sA~neser paustba<- - eanDsas
aaasr osth the party 0a1inG aay
sck~euas Psesaas DaktnG - -
dasss besors - ss.G - Dalsy
d psrizry the aAos - - sAe
~ssiaasiss Ssre aAA< = . - Of
reasrd. ss~c. sssS- . 9 eeees
49, - - 0uguD -
49, - 6nsnU
= onAn1nb
q ssapAysr nAktag ssaugo - his
sch~duse must snsSsr - 0oos-
% sscA asd ss~sy t,Go - - Va
psovsrty - s~sss - aa0se y eny
ts89- - ooo0 Oes~x - 49,
sitter eAe snoe. cd - - - be
pesssd visAsut ~ onsd
tssc. ssss. =. .. leeeD
- = oausuins Ou1O
q osgpDU.
In asxerniaiag sAs ssus - Of
tssabae peeoerty. ths OnGo0 uoDae
shsn be the guide. W6ao 0wty
caAAot be fairly ssi1 - hono . 0nek-
ct value. the price y U0o11 oDo At
q fair volustsry sole 60 - ats
price st Q forced sole tho uoAuo OF
the Ne thereof anl The eaouh1111v OF
use. toGsthes With say 0nAB tns'
method q aeterRtDatiaa - - 90
sidered ~ the snsanasr. 49, she
o~aer 70 willias 10 ssal UtDss Of
property Cor doss o0f 0unmooute te
value. nor aoes What oaDD 0oAer
pssty nay he willtag - - eoF
psoperty constit value, - O0ore
proeerty y actually sOll un1as GDoi-
nary conditions the pHrcAaO DDece
paid represents the actual voh0o OF
that property. tsec. sSs1, . Q.
lSesD
% Asssseain II velns q
csspsssAs hsesV.
The valuation Of eerpersts Usup-
erty frequently presents sertonD nj
ficulties to the assessor. = = oot
just to take the sum Of The OAVoi-
cal properties Of q company - the
true value thereof. There ere very
few companies but what sso Oogth
many times more than the - Of
the component physical pastA ne
statutes provide that the O0goet
value of the stocks and hea1s - q
company added together eeuo1 the
full value Of that company, 80 es-
SCISSORS should always deterO1no The
value of companies by this Oetho4,
when possible. The net earntaD of
a company. capitalized at . 1ots so4e
per cent, are very frequently . oDfe
guide in determining value. DeoW-
ever, II is sometimes necessary, IN
cases where IL 10 impossible - -
termine the value Of the stecA cd
where q company has no GAsoo0O,
to determine the vaiSe q The poaat
az an entirety BY what II O0o1d
brtag ct . fair voluntary sale thew
Of In aeternining The value a .
company On q stock aAl boo1 bas3o,
or on an earning-value basas, both
the tangible and intangible values
viii be arrived at by the Assesses.
Assessors are given perDission to -
quire information under cath - 70
the total value Of any business plant
or enterprise, and any ether fnf0e-
nation that such asoess0e nay teen
necessary TO enable hin to arrive
at the value Of the plant - . whole.
In case Of failure or refusal to give
proper information. the sssessor may
petition the county or district court
to cite the party to appear before
said court to be examined - to the
value of said plant or business.
(sec. 55s2. r. Q. 1s0sD
raxatisa 4 Spscial Ys1ncAisss.
In determining the value Of cor
porate property on . stock and bona
sarning-value basis, the difference
between that value and the value Of
all the physical properties of the
company equals the franchise or in
tangible value.
valuaGisa 4 4ercAAnAise
anA 3anufactuses.
In the assessment Of merchandise
and manufacturing establishDents.
the assessor must use his best abil-
ity, especially as in the case Of q
large business enterprise or manu-
| facturing establishment, ii is an
easy matter TO deceive the assessor
as to the actual value. The aver
age amount invested for the year 10
to be taken, and not the amount as
Of any one day. Sworn statements
of the financial condition Of the
business, the money invested. etc,
should be obtained and used as