Bankers Protest Full Rendition in Tax Dispute
Protesters claim they are taxed on full property values above others. Bankers press for relief and confront tax assessment practices amid calls for reevaluation.
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Newspaper
Record And Chronicle
Location
Denton, Texas, United States of America
Date
Jun 16, 1910
Page
9
Protesters claim they are taxed on full property values above others. Bankers press for relief and confront tax assessment practices amid calls for reevaluation.
Denton County commissioners consider taxing banks on full capital stock rather than 50 to 75 percent. Bank representatives protest equity, citing other property values taxed lower. Changes in specific assessments listed for residents and firms, with hearings held behind closed doors.
Amarillo dispatch reports State Senator John P. Hayter resigns effective at once to avoid a special election. Hayter explains the move to prevent costs for the voters. Wise county awaits formal announcement from native sons C. V. Terrell and Harry H Hassell who had eyed the seat.
Exchange National bank cites its policy of superior customer service as the key to success. More than two thousand regular patrons affirm the bank’s effectiveness in delivering good banking connections. New accounts are solicited with emphasis on ready superior service.
A J Naftice serves as president with R Christal as vice president and Coit as cashier. Directors include A J Nance Ed F Bates A M Bush C A Williams 3 C Coit J R Christal M Inge and Alvin Olwey.
Governor T M Campbell issues a proclamation to convene the Thirty first Texas Legislature in Austin on July 19 for fire insurance reform and to consider other matters. The move sparks surprise and political speculation about constitutional amendments and possible conventions.
J. Schoolfield and his father J. R. Schoolfield farm near Stony report two thirds of 310 acres of wheat ruined by recent damage. Yields run about 20 bushels per acre, a common figure across the western wheat belt.
A door side mail box is offered for gate mounting to save time for letter carriers. The box allows delivery at the gate so carriers do not wait at the door and residents need not stop work to collect mail. Come and get one of these mail boxes.
Hill favors constitutional convention to settle the prohibition issue and remove party lines. Governor Campbell may call a special session to submit a new constitution to voters, expediting a statewide solution. Weather notes predict warmer western portions tonight and Friday. Flour prices fall 45 cents per hundred pounds since harvest while bran remains at 1.40 wholesale.
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