Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1918-10-30

district. " II these parties have secured
cash and notes to the amount of $30,-
900 and only leave IS. 900 In property
In your district, it is clear that only
$4,000 Is the amount of value upon
which to base your assessment. It
would SEEM, however, that under their.
contract to leave $40, 900 out Of $3O,-
900 in the taxing district, that there
ought to be a stock of goods Of So, 1000
fully paid for and notes to the amount
of another $4,000. On the other hand,
il the company purchased and had IN
hand April /, 1919 5000 stock Of
merchandise for all Of which they are
owing, and for which they have
pledged $4,000 in notes which the
company owns, you will be justified in
assessing $1,000 stock of merchandise,
also $4,000 in notes, under the
moneys and credits law, which pro-
vides for an assessment at a fiat rate
of three mills on the dollar. Debts
are not deducted from property
owned.
During the last couple Of years we
have heard a great deal about big
business in this state. If there is
anything going on in the state Of
North Dakota that has more the ear
marks Of 'big biz" than a proposition
where a person can come into the
town of Crosby and collect from the
people 100000 upon the proposition
whereby they only agree to leave $1O,-
900 of it in a stock of merchandise,
retaining $4,000 for commissions
upon the sale of the stock and a,pro-
motion and propaganda Fund to be
used elsewhere and in such manner as
the promoters nay see fit, I would like
to have somebody show it up.
Under the statement contained in
your letter it is the judgment Of the
writer that the assessment OF the
company should be as follows:
Stock Of merchandise, full value
! $4,000; assessed value, $1,000. Money
and credits, $4,000. If the manager
Of this company refused to list the
property, and it is your judgment that
they have the property. it becomes
your duty to make the assessments as
above stated, giving the company no
rtice of the amount you have assessed
them SO hat they can appear before
the local board Of review when it con-
venes nj the fore part Of July.
Yours truly,
North Dakota Tax Commission.
Refused to Fill Statement.
Under date of May II, 1918, Patrick
Noonan again addressed the tax com.
mission as follows:
i State Tax Commission,
Bismarck, N. D.
Dear Sir: Thanking you for your
letter of recent date. I again took the
matter up with the Consumers United
Stores Co. a month ago. l handed
them "a company blank for them tc
fill, and the manager said he woui6
send it to headquarters, and abou'
three weeks ago he called me in anc
handed me a typewriter slip that
refused to accept as it was not sworr
to, and he told me that was all ]
would get. I then ent them another
statement blank, but have not secured
any answer. I want to go over the TOT
with these parties, and see if they are
a law unto themselves, or are the,
bigger than the state? Send instruc'
tons so that I can use it before the
equalizing board and also the county
commission.
Yours,
Patrick Noonan.
Under date Of May FL, the state ta1
commission addressed the following
'letter:
Patrick Noonan,
Crosby, N. D.
Dear Sir: We have your letter o,