MICHIGAN ACADEMY OF SCIENCE. 
103 
TABLE NO. 4.* 
The following table gives the rate of taxes per thousand of actual value for farms, banks, res- 
idences, railroads, manufacturing corporations, public service corporations and mines. It 
also gives a comparison of the value and taxes paid by each of these classes except resi- 
dences. 
Value. 
City real estate 
Farms 
$1,000.000 ,000 
Banks and Trust Co’s .... 
75,000,000 
Railroads 
Sleeping car, express, car 
loaning, and telephone 
212,000,000 
and telegraph companies 
24,000,000 
Manufactures 
750,000,000 
Mines 
Electric railway, power, 
250,000,000 
heat, light, and gas 
1 
companies 
130,000,000 
Basis of computation. 
Tax . 
Rate 
per 
$1 ,000 
Examination of verified sales, 
38,000 pieces in 90 cities. Taxes 
at actual rate for each locality. . 
$14 85 
Census reports, also examination 
of over 32,000 descriptions 
$10,000,000 
10 00 
Reports to Banking Commissioner 
and Comptroller of Currency. 
Basis, net earnings also capital, 
surplus and undivided profits . . . 
1 ,250,000 
17 00 
State Board of Assessors, 1909. . . . 
4 ,378 ,000 
20 65 
State Board of Assessors, 1909. . . 
493,000 
20 67 
Reports to TJ. S. Commissioner of 
Internal revenue 
3,938,000 
5 3 
1 ,750,000 
990,000 
7 00 
Reports to U. S. Commissioner of 
Int. Revenue and Mich. R. R. 
Commission 
7 00 
* Taken from Commission of Inquiry Report — p 15. 
