Record and Chronicle. (Denton, Tex.), Vol. 28, No. 46, Ed. 1 Thursday, June 23, 1910 Page: 1 of 8
This newspaper is part of the collection entitled: Denton Record-Chronicle and was provided to The Portal to Texas History by the Denton Public Library.
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DENTON, TEXAS, THURSDAY, JUNE 23, 1910.
I
BANK ASSESSMENT
Denton,
off Denton, Texas.
J. R. CHR18TAL, Vice Pres
acres
in
Denton Steam Laundry Co.
re-
35.89
per
Denton Needs a Creamery
to
gave
’ I
. Texas.
1910
from
from Denton,
miles
1 live
(Name!
r
in
GURLEY AND PAIGE WIN
2-3
12,500
HILL APPROVES CALL.
Mt-
LYN( HBURG I . 'NIC JUNK BS.
to
had been
mmui
!
i'
T
' ■
i
1 wiU keep cows and sell their cream to a
creamery to be located at Denton at the market quotation*.
SAY AVERAGE VALUATION
IS 65 TO 60 PER CENT
THE TOTAL DECREASE
IS ABOUT $125,000
hi
i
f
A .1 MANCE, Preaident.
J C. COIT. (’ashler
But that Tliey Are Expected to Pay
<>n Full Value of Capital, Sur-
plua anti Undivided Profits at
l<»O Cents on Every Dollar
Conained Therein.
192 acres in J. G.
Eaves, raised from
T'l
77
110
ASS...T THAT THEN -uE BEING
TAXED ON FULL VALUES
AND ABOVE
OTHERS.
1
*
TEXAS LEGISLATURE WILL I
VENE ON JULY 10 IN A
SPECIAL CALLED
SESSION. X
Of
day
WANKERS PROTEST
fllll
C. S. Wilkins, 1223 acres of land,
___________u to 154,145
C. C. Bell, 3 1-2 acres B. B. 8.
A C., Denton, raised from 3250 t>
3400.
Southwestern Telephone anq Tel-
egraph Co., raised from 34,500 to
35,000.
, C. A Williams, 98.8
T’l.
70
no
yieiq* as high as 3
acre the best aver
a
1 the rev<
to carry
The Denton Steam Laundry
■3
A’ ■
' 3
3C
■
C< >.M MISSION EKS' GOURI ACTS ON
THE PETITIONS OF TllE
BANKS OF THE
COUNTY.
EFFORT TO REPEAL THE.
FIRE INSURANCE LAW
ANIMAL ESCAPES AND
DITES OTHER DOGS
Directors.
A. M. Bush. C- A. Williams. J. C
Inge, Alvin C. Owsley
J. R. b. JOOU I ELD’S WHEAT
MAKES ABOVE *20 BUSHELS.
Riggs, raised from 3880 to 31.090.
Edwin D. Moten (col.), lot In Den-
ton, raised from >500 to >600.
W. C. Orr, 1.^ acreH D. M. Cule,
raised from 31850 to 32200.
Julius Opitz, four horses, raised
from 350 to 3100.
B. C. Lee, 27 acres J. Eads, lower-
ed from 3550 to |540.
P. Powell, 1 1-2 acres in B. B. B.
A C. in Denton, raised from 31750
A. J. Nance, Ed F. Bates
Colt, J. R. Chrtotal, J. M
VMMMMHMMKKWMMMMMMMMMMWMfUM 'J-V'V'.'WWWWWWWWW
SEND Secretary of State.
News Strikes Sensation.
Paradoxically speaking the ex-«
happened
the fore-
the
pe< ted and the unexpected
when the Governor issued
going proclamation convening
legislature in special session op July
- >
> ...
■OK
I
-
4
■
There will be a basket picnic At
Lynchburg Saturday. June 26 th.
Good program, political speaking, re-
citations, singing, etc. Everybody
come and bring some one with yon.
Notice the change In date from July
2'It) June 25. 2tw
COMMITTEE
.... .
C. G. THOMAS ATTACKED
BY HYDROPHOBIC
DOG.
r. Schoolfield from near Stony
was here Thursday and says tha*.
about two-thirds of the 310 acres of
wheat on the farm of his father, J.
R Shoolfield, has been .hrashed an 1
is making slightly better than 20
bushels to te acre. Tant seems to
lie about the average throughout the
western wheat belt.
J
The Vote Un. Very Light, only 1841
Votes Being Polled—Poilg Clos-
ed at 6 O’clock—Vote in the Dif-
ferent Wards.
k ouutry Ik Aroused anil Word from
■ la*wisvill<' Ik that CitixenK Arc
Killing All Suspected Dogs and
Gate—Child Taken to Mad-
stone and to Austin.
i country through which the dog had
gone.
Mr. Cates brought th(. animal to
t town after he killed it—he found it
fighting his' own dog, which was
badly bi ten—and it wag recognite 1
by several as the strange dog which
passed through there Tuesday af-
ternoon and bit the little Thomas
child. Drs Kirkpatrick and Archer
boxed the dead canine and shippel
’t to he Pasteur institute at Austia
for a pathological investigation to
determine whether or not it had hy-
drophobia.
SitbniiaKion May Alsu Cat a Figure
nnd Governor la Said to Have a
New Card up His Sleeve Along
that Une—Call Creates Sew-
satN>n in Political Clrclea.
3 4
19 38
35 35
Now has the reputation of turning out the whitest linen and best
grade of laundry ever seen in Denton. Ladies' waists and dresses
a specialty. We have agencies throughout Denton county and will
appreciate your patronage through them. Satisfaction guaranteed.
3 4
20 34
35 41
AUSTIN, Tex., June 15.—Execu-
tive Office, State of Teraa. Austin:
I, T. M. Campbell, Governor of the
State of Texas, by virtue of authority
vested in me by the Constitution, do
hereby call a special session of the
Thirty-first legislature to convene in
Austin, Texas, beginning at 2 o’clock
p. m., July 19 1910, for the follow-
ing purposes, to wit:
1. To enact a law repealing the
law enacted by the Thirty-first leg-
islature at its first called session,
known as Chapter 18 and entitled:
“An act providing conditions upon
which fire insurance companies shall
transact business in this state and
providing for the regulation and con-
trol of rates of premiums on*fire .
insuyam-es and to prevent discrimi-
nation therein and to create a Fire
Insurance Rating Board, to provide
penalties for violations of this get
and declaring an emergency.”
2. To enact adequate laws pre-
venting '.discriminations by fire in-
surance Companies and to prevent
combinations between such cempan -
Although practically every bank
in the county had a representative
before the commissioners' court, sit-
ting as an equalisation board, to
protest at their full rendition assess-
ments this week, the commissioners
While there have been reports of
— bushels to the
[e yield so far
r is ’hat <-
Assessment of the Three Denton
***nkg Im Cut about Ifloo.tMMi ami
Every Other Bank in (bounty Im
Lowered—Commissioners
Issue Statement.
1K1
rmk*
*
■
J
=
XL". , 7-
—
cent
If the banks decide to con-
an 80 per
cent basis, which the ruling practi-
cally amounts to, it is presumed
they will take the matter to the
courts for an adjudication of the al-
leged inequality.
HAYTER HAS RESIGNED.
The following dispatch, which ex-
plains itself is of interest here and
throughout the Thirty-first district:
AMARILLO, June 15.—The re-
signation of State Senator John P.
Hayter was today forwarded to Gov.
Campbell in the following telegram:
’ Amarillo, June 15.—Hon. Thoe.
M. Campbell. Austin, Tex.: I here-
by tender my resignation as Senato
for the Thirty-first senatorial dis-
trict, elective at once. Letter of con-
firmation follows. J. P. HAYTER.”
“Senator Hayter explains that he
resigns at this time to prevent the
expense of a special election to the
people to name his successor. Sen-
ator Hayter came to Amarillo about
the first of February from Decatur
and ig engaged in a mercantile en-
terprise here." . '. .
It is of still more interest in Wise
county, which has two native sons
who have been patiently waiting for
the past several months for Senator
Hayter's resignation in order that
they might make formal announce-
ment. These two are C. V. Terrell,
county judge of Wise, and Harry H.
Halsell of Decatur, both of whom
have been tentative and receptive
candidates since Senator Hayter mov-
ed to Amarillo.
ton said, to have covered a wide
j scope of territory Its wanderings
were first noted three miles east of
Lewisvillq. near the Mayfield place.
Tuesday afternoon. After leaving
..Im
west as two or three miles, when
les, to destroy competition in fire
insurance rates in Texas and to pro-
vide penalties therefor and to pro-
vide mean8 for the enforcement of
such laws.
.1. To consider and act upon such
other matters as may hereafter be
presented by me, pursuant to Sec. 10.
Art. HI of the Constitution of the
State of Texas.
In testimony whereof I have set
my hand and caused the seal of
the state of Texas to be affixed at
A"stin. Texas, this the 15th day ot
June, A. D. 1910.
T. M. CAMPBELL.
Governor of Texas.
By the Governor: W B. TOWN
ally. Our officers
and accommodating, and all transactions are held in strict con-
fidence. Our large fireproof vault is at the service of dur cus-
tomers for their valuable papers, and we believe our manner
of doing things would please you. We would be glad to have
you cal! at any time, whether on business or not, as we would
like to know you and have you know us in a friendly £nd
neighborly way and have you feel at home in our place of busi-
ness. Remember that you are invited specially to become a
customer of this bank and that we shall use our best efforts
to render such service as will make it to your interest to con-
tinue vith us.
The Exchange National Bank,
: i
•<y<
■
■■
o see
eoaa-
he hu
te could
tation
RESCIND FORMER ACTION.
Mention that some of the compa -
nies had instructed their agents not
to collect the excess premiums under
the • insurance rates until after
some defin» e action had been ta-
ken or at least until after the big
conference at Austin on June 21 was
followed Friday by another order
calling in the other rule. T. F.
Jasper of ‘he Jasper agency Friday
had the following letter from Beers.
Kenison & Co., general agents With
headquarters at Galveston:
“Referring to the circular letter
of the Uth instan< addressed to
all fire insurance companies doing
business in Texas, by R. M. Hamby,
secretary of l^e State Fire Rating
board, of which we sent a copy to
you under date of the 13ta inst , r«
questing you to defer the collection
of the differences between the oil
rates and the new rates on all poli-
cies wuich have- been heretofore
written and which may be writtei
prior to a determination of the ques-
tions before the Rating board to be
considered at the hearing to be had
on 21st inst., we now beg to advise
you that, upon further consideration,
we deem it better and safer under
existing circumstances not to com-
ply wi’h said request of the state
Fire Rating I oarrf and we hereby re-
scind our request to you to be gov
erned thereby.”
instrumental
songs by a male quartette, a ar,‘*
sixteen girls and various other fea-
turaa.
DENTON MAN TO ..LAK,
F. A. Hauslein, professor of Lat-
in i» the North Texas State Normal
college at Denton, was elected prin-
cipal of the Dallas public schools, to
succeed Joseph Morgan, at a meet-
ing of the board of education Thurs-
day. A telegram sent to Prof. Haus-
lein offering "him fh”e position
brought an answer of acceptance anu
the election followed. • •
Mr. Hauslein was born and reare^
in Elkin, Hl. He received his bache-
lor of arts degree at Yale in 1892
and in 1895 received the degree ol
master of arts from the same uni-
versity. Following his graduation
from Yale Mr. Hauslein came to
Texas and was for eight years teach,
er of Latin and German in the Ball
High School at Galveston, this insti-
tution ranking as one of the first
public high schools in Texas. Those
most familiar with his work in Gal-
veston bestow upon Mr. Hauslein
much of the credit for bringing the
Ball school to its present standard of
excellence.
For the last nine years -ar. Haus-
lein has occupied tne position of
professor of Latin in the North Tex-
as State Normal college at Denton
Two years ago when German was
added to the curriculum he was also
given charge of that branch. In
190t> he was instructor in I^itin in
the Texas University summer school
and for eight years has been in
charge of similar work in the sum-
mer school at the Denton co.lege.
He is known over the entire state
as a prominent educator and con-
sidered by many one of the strong-
est school men of Texas.
Prof. Hauslein said Friday that
he. would move to Dallas with his
family about Aug. 1, and be ready
to begin h*8 work there at the open-
ing/of the fall term.
News of Prof. Hauslein's intended
departure was received in Denton
with regret among his many, friends.
Aside from his school work he has
always taken a great interest in any
move calculated to build up Denton.
Mrs Hauslein has also taken a prom-
inent part /in club and society work
here.
Cut out and fill in the coupon below and mail it or,
preferably, hand it to President Owsley or Secretary Mc-
Cook of the Chamber of Commerce, at your earliest con-
venience, as the first necessity for the establishment of the
creamery is a sufficient number of cows to furnish it with
the raw product.
19.
A special session has been looked
for but this call came unexpectedly
and is attracting much attention in
political circles.
Submission May lie Submitted.
It is thought that the Governor
may intend to submit submission in
a way never thought of before. He
w-s heard to remark that there is
a vast difference between amending
the constitution and an amended
constitution, the latter requiring on-
ly a majority vote in place of a
two thirds vote to submit a consti-
tutional amendment.
It is thought that th« Governor
intends to have the legislature con-
sider the matter of calling a consti -
tutional convention. Such a conven -
tion can be called by a majority vote
and the convention can adopt tho
present constitution with the prohi-
bition amendment added and submit
it to the people for adoption. The
Governor admits that he had drawn
a distinction between an amended
constitu..on and an amendment to tne
constitution.
The Governor ijas not said that r»
special session depended upon the
success or defeat of Mr. Colquitt, but
it has been antici]>ated that in case
of bis success the Governor would
endeavor to have regula\on laws
I assed
It seems to be the general opinion
tnat the session will have some very
important business to attenu to unde>-
the third paragraph of the Gover-
nor's call. a8 its possioii...e.-> are un -
limited.
Session May lie Lengthy-
Under the first two paragraphs of
the call it is evident that the Fire
Rating Board law is to be corrected
and one to be passed to have the g
desired effect. Complications may
occur and *t will likely take several
days to accomplish this.
The present fire raung board may
be left without a job, though the law
may be enacted in another form.
The special session is almost cer-
tain to enact some law to prevent
the insurance companies from com-
bining to fix rates and prevent free
competition.
Hawkins the State.
In connection with the Campbell
Hawkias row it i8 of much inter**:
to note that special sessions confirm
appointee* of the Governor. An Mr
Hawkins has been appointed c*—
the last session, necessarily the Gov
ernor will send in his nomta
th* Senate, but different 1
nomination* he would pref#
it rejected. He »aa asked tl
missioner to resign, which
refused to do. and the Sena
refuse to confirm the nomta
Expense o. Extra Session.
There is a prospect of a d
U>e general revenue caused
heavy expense of a special
Those ln a
figured that ■
would b« use
went throng*
But the he
U. D. C. ENTERTAINMENT.
Under the auspices of the local
chapter of ‘he Daughters of the Con-
federacy there will be given at the
Airdome Friday night a benefit am-
ateur theatrical performance.
The show is given for the purpose
of raising money to P*y a balance
due by the Daughters for the name
plates whicu they had placed on the
three public school buildings. The
balance of the funds for the perform -
---j will be used as a basis for a
fund to erec: a monument to tbs
Confederate veterans on the publie
square
About 100 people will take part tn
the performance and all are
hearsing daily for their parts.
There will be a children s chorus ot
fif*y voices. Instrumental solos,
drill by
surprised
announce-
ment was made that the board had
reduced all assessments.
The list of decreases follows:
First National bank. Denton,
duced fro • 3u8.145 to 396,015
Exchange National,- Denton,
32 000.
Mrs. W. H. Jones, 51 1-2 acres 8.
Riggs, raised from 3616 to >770.
Mrs. W. H. Jones, 55 acres J.
Waggoner, raised from |6Oo to >880.
Mrs. W H. Jones. 78 acres 8.
“The court believes from the evi-
dence produced bofore it that banks
in other counties in the state pay
from 50 to 90 per cent of he values
of their stock and that the bank
property should be assessed in thu
same proportion as other property
in the county, and that it would be
right for the court to reduce the
bank assessments to correspond with
the assessment of other property and
tnat under ^e law the bank couli
force such reduction by a suit in the
district court which would involve
the county in espense and would fin
ally result in the same valuation be-
ing placed as '&e court has already
placed on said property.
"We have tried to be jus*, and fair
toward all the people of the county
and do not wan to discriminate
against the banks of the county, and
do not want to force any of our cit-
izens to api»eal to the courts for
fairness and justice."
Whether or not all the banks are
satisfied with the decreases is not
known. It i8 a fact, however, that
the bank representatives sought a
uniform assessment on the basis of
6s' 2-3 per cent, which, they con-
tend, is the basis upon which indi-
viduals’ property is assessed through-
out the county. Land worth ad
much as >60 an acre ,i is claimtd,
1* rendered for >20 an acre and
even lower, or a 33 1-3 per
basis,
test the assessment on
That Governor Campbell has founi
t> quickest and best plan to solve
tne prohibition question is the belief
ot Hon. • F. Hill, Ylotoriai rep-
resentative and candidate for local
representative.
"I see today, ’ said ,.r. *.ill over
.« q phone Thursday, "that cue Gov-
ernor has called a special session of
the Legislature and, by implication,
that he will submit to the session the
question of a new constitution in or-
der to settle the prohibition ques-
tion. I have been advocating this
constitutional conventio nsettlement
of the question and believe that is
the best way .o solve the prohibi-
tion question of state-wide.
"Tho procedure will be to call a
onstttulonal convention and sub-
mit to the voters the question of
a ->ew constitution. In which state-
wide will be an integral part. This
eliminates the party question In th?
matter, and every voter in th^state
oinerwise qualified, regardless of his
psrty affiliations, will be permitted
to vote on It. This will ellmlna'.e
t*1- quesuon of the constltutionairv
of the present submission agita’ion
as advanced by Mr. Colquitt and will
settle the matter for all time to
are
* hanu *uu «ue o > •-
imai. the flesh being lacerated
w— „ In 1
>2700.
T. J. Cook, 200 acres In R. t’
Hardin, raised frdBT >1675 to >2
600.
Jas. Cate, 320 acres J. S. Weldon,
raised from >3200 to >4000.
H. Morgan. -47 1-2 acres T. C.
Wilson, raised from >7755 to >9 -
900.
-»rs. Myrtle Magee, 100 acres in
J. M. Ruiz, raised from *1500 .> der <7 votes
31800
Mrs.
DEFEAT BROWDER AND CRAW-
FORD BY MAJORITIES OF A3
AND 4fi.
and, as the matter now stands, it
looks as if the bank* of the county
will be required this year, as last
y»ar to pay on full valuation of
their capital stock, surplus fund anJ
undivided profits.
A session of the court was held
Wednesday from which the outside
public and newspaper reporter* were
barred, an* the protestants giyen a
bearing the list list including repre -
sentatlve* of the banks, ’he railroad,
telephone and telegraph companies
and other corporations and individ-
uals interested in the threatened in-
creases. It is stated tha*. tbe bank-
ers' representatives contended that
other tangible property in Dentoi
county was ’ beinl rendered for taxa -
tton^and accepted at a rate of from
vj to t>6 2-3 per cent of its real
market value, and that it was in-
equitable and unjust, therefore, to
compel the banks to pay on a basts
of 100 cents on the dollar.
What the outome will be is await-
ed with no little interest. While lo-
ta] bankers are reticent on the sub-
ject, one of them went so far as to
ssy to a Record and Cbronice re-
porter Thursday that the banks
simply could not stand it anq would
carry the protests further and In a
u.fferent direction if \ necessary.
Hanks in other part of the state,
he said, were paying on a 5o per
cent basis in most counties, state-
ments to which effect were present-
ed before the board, and that In a
very few instances were paying as
high as 75 per cent. *
The changes made in the assess-
ments as given out Thursday by the
court are a8 follows:
Mrs. C. E. Alexander. 4 1-3 acres
in Denton, raised from 81300 to
82.000.
D. B. Buttrill. 317 acres F. ¥.
Guthrie, raised from 35700 to 36340
J. G. Brumley. 128 acres R . King,
raised from 815Oo to 32,OoO.
A. P. Blankenship, 200 acres 8. A.
Pritchett, raised from 83.000 to 33,-
500<
Bowser A Harpooi, 111 acres J.
W. Simpson, raised from >1385 to
S1500.
Mrs. E. A. Coffee, 4 13 acres B
Eaves, raised-from 3320treo 82900.
W T. Cook, 142 1-2 acres Wm.
Gorham and J. Izod, raised
8800 to SlOOu.
8. Carpenter.
Bullard and B.
8i875 to 31920.
J. C. Cothran, lot in Lewisville,
raised from |1«5 to 3300.
D P. Hutson, 112 acres T. Rodri-
gues, raised from 81680 to >2800.
C. L. Richey, 127 1-2 acres in J.
Gonzales, raised from 33475 to 83.-
200.
J I. Anderson, cash, 8200.
Cooper, Selz & Co., 1 2-4 acres tn
C. Smith, in Pilot Point; raised from
>2500 to 33500.
Mrs. Frank Blumberg, 215
acres J. Curbella, raised from 33,-
500 to 84.320.
W. H. Cowan, 5 acres in E. Pu
chaiski, lowered from 32,500 to
82,000
W. B Cowan, estate, 105 acres L
W. Craft, raised Irom 31.000 to,
The Denton Chamber of Commerce has instituted a
campaign for the establishment of a creamery. Assur-
ances are made that if a sufficient number of cows can be
pledged in the vicinity the creamery will be established.
What we want to know is how many cows you can and
will keep and sell their cream to a creamery in Denton at
the market quotation*.
At an afternoon session Thursday
the Commissioners' court decided to
reduce the bank rendk.on8 of th?
county and did so. Below is ap-
pended the list of the reductions.
The bankers of the county had been
here during the week apparing be-
fore the court and had sought a low-
er assessment than was allowed last
year—par value for all capital stock,
surplus and undivided profits. Up
to Thursday afternoon the court had
not taken any action and local
bankers were of the opinion tha’.
the court would endeavor to retain
the olq assessment.
They were somewhat
Friday, however, when
In the city election held Tuesday
to elec' successors to Aiderman T.
M. Jones, deceased, in Ward 2, and
J. M. Hoard, resigned, in Ward 3,
little interest was manifested and
the lightest vote of years was cast.
For aiderman in Ward 2, J. M.
Gurley received 110 and H. F. Brow-
For aiderman in
Ward 3. J. N. Paige received 116
and Dr? J. S. Crawford 70 voes.
One reason given by some for the
light vote was the fact that the polls
closed at 6 o’clock, or three of them
4‘d, when they are usually kep* op-
en utnil 7. Quite a number of tbe
business men, it is said, who intend-
ed to vote as they went to their
supper, found 'he pollg closed and
did not get to vote.
City Attorney Key Tuesday after-
noon notified the various presiding
judges that hey were to close at
6 o'clock. In Wards 1 2 and 4,
this wa8 done, but in Ward 3, W.
W. Baxter, the presiding judge, re-
fused to close until 7, but after
some argument he split 'he differ-
ence and closed st 6:30.
Just what eft’Ct, if any, thia will
have on the election is not known,
but it i8 no* likely that anything
will be done.
The vote 'n the different wards
follows:
For Aiderman Ward S.
Candidate Wards: 1 2
Browder .......... 6 17
Gurley ..........12 22
For AMerman, Warq 3.
Cand’te. Wards: 1 2
Crawford ...... 4 9
Paige ..........1. 30
LiUie Marie, the 10 year-old
daughter of Mr. and Mrs. Charles G.
Thomas. promHnen' residents of Ixsw
isville, was bitten by a maddog lat-
Tuesday afternoon The dog escap
ed, after biting the child, and is
reported to have bitten many other
dogs In 'he country west of Lewis-
ville, the direction in which he went.
Word from Ijewlsvilie Wednesday
morning was that the citizens were
aroused and were killtpg every dog
and cat that came under suspicion
of having be n bitten by the mad ca-
nine.
. Where the dog came from is no’
apparently known, according to the
report received by the Record and
Chronicle, nor how many otheb ani
male be attacked and bi*. .
The little girl was taken Wednes-
day morniag through to Van Al-
styne for an application ofVa mad-
stoaii and from there will be taken
'o the Pasteur Institute for treat-
in^nt.
The little Thoma* girls' injuries
? serious. >- e was bitten on the
ind and the 1«K by the vl< ions an-
' ’ I to
« bone. She was'taken in J. B
'oodrum's automobile to Van Al-
yne and, as stated, will be taken
enc« to the Pasteur Institute.
tch from Editor Hamilton
rille at 11 o'clock Wednes-
M tjrnir* ~ ‘ J ‘
Jess C
in suggested is, I believe,”
HHn conclusion “the best
MMPBtll G
SPHML f
A Special Invitation
If you are not a customer of this bank already, we take
your patronage, of inviting you sped- s
working force are courteous, correct £
C. A Williams, 98.8 acre* M.
Jones, raised from 8600 to 31000.
G. Schablowskl, 19 1-2 acres T.
Downing, raised from 3390 to
8500.
J. R. Atchley, lots in Denton;
raised from «2,600 to 83,500.
H. S. Stone, 150 acres R. Cowan,
raised from 8^,250 to 33,000.
Texas & Pacific Ry. Cd.
miles, raised from 310,675 to 312.-
500 per mile.
G. C. & S. F. Ry. Co , 32.91 miles
raised from 310,000 to 312,500
mile.
ILUME XXVIH
BITTEN BY A MAD
DOG AT LtWISVILLE!
_______ it turned north until Jt was killed
I by .Mr. Ca es Wednesday morning.
TEN-1KAB-OLD DAUGHTER OF Many dogs are reported to hav?
been bitten in all the sections cov
j ered and Mr. Hamilton stated that
dog8 were being killed by the whole-
sale. both in Lewisville and tn ’he
Exchange National,- Denton, re-
duced from 8127,475 to 3107,320
Denton County National bank.
Denton, reduced from 372,300
859.340.
First National bank, Lewisville,
^educed from 337.1 >0 to 829,760.
First National bank, Sanger, re-
dued from 342,500 324,600.
Sanger Nations] bank, Sanger, re-
duced from 332,225 to 825,780.
Pilot Point National bank. Pilot
Point, reduced from 387.500 to 871,-
710.
Justin Sta‘e bank. Justin, reduced
from 31 4.848 to 811,880.
Continental State bank. Roanoke,
reduced from 310,025 to 38,020.
Garza State bank, Garza, reduced
from 314,560 to 311,650.
Argyle State bank. Argyle, reduc-
ed from 86,5Oo to 85,200.
Farmers anq Merchants bank. Pi
lot Point, reduceq from 356.000 to
346,000.
First State bank. Krum, reduced
from 326,720 to 822,175.
Commissioners' Statement.
The court Friuay morning i
out h„ following:
“The law requires the banks to
render for taxation the capital stock
surplus anq undivided profits which
i8 the full value of tbe bank and
are also required to render their rea1
estate as other real state is rendered
The taxable value of the real estate
is deducted from the capital, sur-
plus and uni. vided profits and their
rendition would then oe real estate
at the assessed value and the dtf
ference between the assessed value
of the real estate and the amount
of the capital surplus and undivided
profits. This difference is the value
of the bank stock which is assessed
to the stockholders but may be paid
by the bank. The court found that
the real estate of the banks had been
rendered as other real estate in the
unty in proportion to its value,
and should not be reduced.
“The difference between the real
estate anj the capital, surplus and
undivided profits was reduceu 25 per
•>’-d the value fixed by the court
was eighty per cent of the differ-
ence and this to be used as the value
of the stock of the bank, this being
the only reduction in the banks' as-
-"ssnients.
"To illustrate, a bank navlng a
capital stock of 3160,000 and a sur-
plus of 325,000 and undivided profits
of 82,500 and owning real estate as-
sessed at 320,000 would be required
under the law to render 3127,500,
whi^h would be apportioned as fol-
H uula E Love, 502 1-J
acres I. Netheriy, raised from 8926o.
to >10,050.
J. n. Furneaux, 118 acres H. H.
Reed, raised from 32,360 to >2,600
J. H. Furneaux. 27 acres H.
Grooms, raised from >540 to >660.
Dr. J. M. Mullins. 615 acres G.
overton. raised from >7,800 :>
>840
J. L. Furneaux, 10u acres in H. H
Reed, raised from >.,635 to >2,180.
J. L. Furneaux, 461 acres D. Dial
and 8 B. Evans, raised from >7, ■
640 to >8,3<0.
Mrs. Wm. Furneaux, 166 acres In
B. Baccus and D. Andrews, raised
from >2.940 to >3,300.
C. S. Haggard, 776 acres In B. B.
B and Jas. Dooley, raised from
>9,500 to >11,500.
T. L. Huggins. 142 1-2 acres of
J. Watkins and J Edmonson, raised
from >1,000 to >1,426.
M. T. Griftm, 281 acres T, A.
Weet and T. g. Wilson, raised from
v4,2OO to >5,100.
J. J. Fuller, 150 acres B. Eaves,
raised from >1,500 to >i.8OO.
J. L. Foster, 43 acres T. . . Down-
ing, raised from *860 to >i,000.
E. .7. * arrlngton, 200 acres 8.
Payton, raised from >3,000 to >3.-
600.
H. Farrell. 24 acres Wm. Gar
vln and R. P. Hardin, raised from
>480 to >7.^,
mrs. L. J. Morris. 115 acres in
Davis, raised from >1,800
lows: The real estate would be ren-
dered for the sum of >20,000 and In
the name of the bank the difference
between the full amount of capital,
surplus and undivided profl's
amounting to 3127 500 an<F~ the
>20,000 assessed real estate or
>107,500 would be rendered as the
value of the stock o. the bank ant
apportioned according ‘o the number
of shares of the bank owned by the
stockholders and assessed and paid
by them or the bank. The reason no
reduction is made on the real esta:e
of a bank ig because the real estate
is assessed at th< same proportionate
value a other real estate tn the
county. The value of the s’oek as
above explained would be at itg full
cash value and under the law could
not be assessed for its full cash val-
ue unless all other property in the
wa8 so assessed This was fully
shown in the case of Lively v. the
Railroad company in 129 8. W. P.
852 which wa the suit of the Rail-
road company against the commis-
sioners' court of Dallas county to
determine whether railroad company
should pay taxe8 on the full value
of their intangible assessments, while
other property only paid taxes on
two-thirds of their value, and also
the case of Langley et al vs. Smith
-• a ., which Is reported in the 126
S. W. Reporter P. 660 and decided
March 12, 1910, which was a case of
a National bank in HUI county vs.
the commissioners' court of that
county in which the bank sued to
restrain the collection of taxes on
86.90 of value of their stock and
while the other property of the coun-
ty only paid on a valuation of 41
per cent of their full value. The
court in that case held as follows:
“ ’Where National bank stock was
assessed In a county at an 86 per
cent valuation while all the other
property subject to taxation was aw. Z22I *
sensed at a 41 per cent valuation.
discrimination and inequai-
ation aa the bank stock and
_____
t< 82,000.
Denton Press Brick Co., raise!
from 87,5.00 to v9,000.
A. E. Graham, lots in
raised from >44,800 to 848,500.
Western Union Telegraph and Te,~
ephone Co., raised from >5,279.05
to >16, 535.
Mrs. G. Rudolph, 100 1-4 acres
J. S. Ogden, raised from >2000 to
82,500.
Mrs. L. C. Taylor, 98 acres P.
Rock, raised from >1,800 to >l,36i>.
J. B. Schmitz, merchandise, raised
from >12,000 to >15,000.
E. F. Stover, lot In Lewisville,
raised from >4,000 to >2,500.
Annie T. Warren, 976 acres in A-
McDonald, raised from >14,000 to
815,600.
American Express Co., 2 horses,
raised from >135 to >200.
Stout & Schweer, lOo acres B. B.
& C., raised from 3500 to >750.
---------- c. __** *
failed to lower the bank renditions r- d from >43,6.
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Edwards, W. C. Record and Chronicle. (Denton, Tex.), Vol. 28, No. 46, Ed. 1 Thursday, June 23, 1910, newspaper, June 23, 1910; Denton, Texas. (https://texashistory.unt.edu/ark:/67531/metapth1229708/m1/1/?q=Lamar+University: accessed July 17, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting Denton Public Library.