Railroad Aid Taxation

Editor of Arqi a: Some persons in:iy have au incorrect idea oí thc amoiint they may be Hable lo pay s thelr Bliare of taxes cousequent upon the vote for aid in tlioir townshlp to railroads. Tlie ainoimt ot tlio aasessod valué of the tazable property in the township of Sco for A. D. 1809, was over $638,000, and the amonut proposed to be raisud for tlie Toledo, Ann Arbor & Northern llailroad, $35,000, if apporUomttl 011 such an assessmcnt wonld make tlie aniount of principal upou oach .100.00 of assussment less Minn $5.C2, and the iimonnt of annual Interest- ten per cent. - on each $100 of asBussment, flfty-slx cents each yoar, nftor tlie road shall be ironed throngta the town, and the bonds delivered, unlil after an nstalinient of prinpal shall be paid, and tlie aniount of lutercst tliercby redoced oach year. The gggregate assessment of Webster tor A. 1). 1889 was $453,980, only 20 inulcr $454,000, aud the amonat proposcd to be ralsed 20,000, and the amount of principal wliicli ench $100 of assessments must pny wlll be loss than 4.41, mul the auunnl tax to pay interest ut 10 per cent., ouly fortv. four cents, nftcr the road is fliiisiied and the bonds delJvereil, and tliat nmouut dlmlnished as installments are paid. The difference - tin to twenty cents per bushei- in the price of a few loads of whcat,ora siaall quantity of any produce wlll pny this.