Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1916-07-16
.UPHOLDS EAsLEY'S VIEW
OF CRADDOCK TAXES
Acknowledgement Pollard Says Local
Board of Review Has Not Made
Correct Return.
REDUCED EAsLEY,s FIGURES
Craddock Reported 100000 as Cap
ital, Easley Added S2,113,11O and
Local Board Reduced Amount Sub
ject to Taxation to $3.50

Publication yesterday Of state
ment from John w. Craddock. of Lynch
burg, setting forth his views as TO the
alleged errors of James s. Easley. de-
posed examiner of records of the Sixth
Circuit. in assessing tue capital of the
Craddock Terry Co. drew attention
anew to the quite opposite views with
reference to the same assessments that
are held by the Office of the Attorney
General of Virginia.
According TO Mr.. Craddock. Mr.. Eas-
ley erred in assuming that he had the
right to consider the larger part of the
capital OF the Craddock Terry Co. as
exclusively manufacturing capital"
without taking into consideration the
fact that the law provides. to quote
Mr.. Craddock. that the mercantile
department OF n corporation engaged
both IS manufacturers and merchants
shall be taxed by one method and the
manufacturing department taxed by
another method"
Other errors OH the part of Mr.. Eas-
ley are alleged by Mr.. Craddock. but
this is the one which is responsible
for the greater part of the variance
between the assessment as reported by
the examiner of records and the re-
duced assessment as made by the local
board of review and held by Mr.. Grad
dock to be correct.
While the question OF the correct
ness of Mr.. Easley's assessment of the
Craddock property is yet 20 be finally
determined. and is not directly related
to the unrest that has followed his
summary removal by the Tax Board,
1t is popularity looked upon as the
| starting point of the dissatisfaction
with Mr.. Easley's services that cul-
minated in quite a general movement
to bring about his removal.
ATTORNEY-GENER
UpHOLDS EASILY
Referepce to the records in the At
| torneyGencrars office disclosed the
fact that at meeting held in the
Governors office on Wednesday, Octo-
ber %. 1915. the State Advisory Board
on Taxation unanimously adopted the
following resolutions
1T being suggested to the board
that there has been an erroneous
assessment for the year 1915 of the
capital of the Craddock Terry Co. OF
LynchburG, Va, whereby the revenue
or the Commonwealth is affected in
iurtously, therefore the Attorney Gen
erai of Virginia is hereby requested to
investigate such suggestion. and ii OF
the opinion that the interests OF the
commonwealth have been injuriously
affected by such assessment to take
such legal steps for correction and in
crease of the same as he may he adj
vised."
Acting upon this instruction from
| the Tax Board. the Attorney General
had special Investigation OF the
Craddock-Terry Company assessment
made In Lynchburg, where Mr.. Grad
dock. Mr.. Easley and the Commission-
cr OF the Revenue were all Interview
| ed.
The investigation disclosed that for
the year 1915 the Craddock Terry Com
pany reported for taxation as capital
the sum Of 100000; that the Exam
liner of Records added to this the sum
OF s2,11S.11o, and that the local board
! CONTINUED on Fourth Page.)