Salt Lake Tribune | 1900-05-29 | Page 1 | Assessment Increased

i ASSESSMENT INCREASED i Now York Supreme Court Decides a Mining Suit Now York May 25 The result of the I appeal from the ruling of the Tax Commissioners by the United Verde Copper company to the Supreme court for a revieW of the assessment levied upon tbo corporation for the year S99 is that Justice Freedman In the Supreme Su-preme court today handed down a decision de-cision dismissing with costs the writ of certiorari secured by the company and Increasing the assessment from 1110532 to 52373020 The Increase was caused by the re searches of Corporation Counsel Wha len Into the affairs of the United Verde Copper company He discovered that the CommissionerS of Taxes had made errors of fact and law Hi l fixing the lower sum which militated to the advantage ad-vantage of the company by falling to conclude among the taxable assets United Vcrdo Pacific rullrottd bonds worth J300000 and certain copper In transit for sale worth 5WOOOO Senator Clark of Montana Is a large stockholder in the United Verde Copper Cop-per company which owns the largest copper mines In the world