Show BANKS BANK'S TAXES 1 CUT BY 9 u Co County un t Co mm issi cide That Merchants Merchant's Stock Was V as Overtaxed O ii ff j Abatement of oC 20 0 a share In Inh h t ta wa was made HInde by the tIme count county TS era r acting as a board of or on tho the assessment made mado by hy the co coo toU assessor on tho the stock of or tho the de def dett Merchants Merchants' bank JT Time Tho action was las mad mala a matter matte record yesterday although It taken under neat advIser last lass Wed Wedi da day J Assessor A. A II H. Parsons explained tho the board that had hall he known v he made ml thi th thi assessment QC of 3 1 worthless paper found later am an the assets o of the bank he lie made It 20 O less tItan than the that time The original assessment 20 0 from which 90 will wl be ducted leaving balance a of or 2752 which the time count county will vilI require to te paid pal out of or the deposits 4 The records of the lie county count show valuation of or the stock at the lie time tho the assessment to have hae been 5 t per 5 Per share and ani the par value y was I The coun counsels els for tor the receiver receiver- and the depositors contend that thes theat was worthless and a liability ra rathan than titan au an asset aset at the time of or th thern because of or the alleged fJ solvency of f f the tile ba bank nl |