[Newspaper]
Publication: The Muncie Morning News
Muncie, IN, United States
vol. 21, no. 56, p. 5, col. 4
OBJECTED.
Building and Loan Associations
Will Make a Strong Fight.
Claim Their Books are Private Property —
Valuations by the Board of Review
Yesterday.
The county board of review made the following valuations yesterday:
Buckey Window Glass Co....................$12,870
Muncie Foundry & Mach. Co............... 5,344
Midland Steel Co................................... 92,460
Hemingray Glass Co.............................. 14,000
Muncie Electric Light Co....................... 6,000
Manufacturers' Gas Co.......................... 26,370
Ohio & Indiana Gas Co. (Niles
township)........................................... 81,330
Ohio & Indiana Gas Co. (Union
township)............................................ 1,960
Redkey Transportation Line
(Niles township)................................ 24,450
Redkey Transportation Co.
(Delaware township)......................... 54,960
Redkey Transportation Co.
(Albany) ............................................. 1,700
Redkey Transportation Co.
(Union township)................................. 2,070
Redkey Transportation Co.
(Hamilton township)...........................11,210
———
Grand total ........................................ $188,660
Increase ...............................................$ 42,930
It was decided that national banks be assessed 80 per rent, of their capital stock, surplus fund and individual profits. The board reduced the list of the Central Printing Company from $1,920 to $1,670. The personal assessment of Ida G. Rea was reduced from $6,655 to $5,155.
All building and loan companies appeared before the board with their attorneys and refused to give the information ordered by the board. There has been no decision as to what action will be taken to force the desired point.
