The Board met pursuant to adjournment, at 2 o'clock p. m., with all the members present, Chairman Sims presiding.

There being no person present desiring to be heard by the Board with reference to the valuation for taxation by the Board of any property assessable by it, on motion, the Board went into executive session for the consideration of the various matters pending before it, and so remained until the hour of 4 o'clock p. m., when, on motion, the Board adjourned until Monday, May 23, 1910, at 9:30 o'clock a. m. FRED A. SIMS,

Attest:

Secretary of State and Chairman of the Board.

J. E. REED,

Deputy Auditor of State and Secretary of the Board.

OFFICE OF THE AUDITOR OF STATE, INDIANAPOLIS, IND.,
Monday, May 23, 1910, 9:30 o'clock a. m.

The State Board of Tax Commissioners met at 9:30 o'clock a. m., with all of the members present and Secretary of State Sims, the Chairman, presiding.

Thereupon, on motion and by unanimous vote the Board adopted the following resolution, to wit:

Resolved, That the following rules and regulations be and the same are hereby made, adopted, ratified and approved by the Board, governing the hearing of appeals from and petitions for modifications and reductions of assessments fixed by the Board at this, its first session of its annual session of 1910, to wit:

1. Immediately upon the adjournment of the first session of the Board, the Secretary of the Board shall forward to all persons interested a statement showing the assessments fixed by the Board at the said first session, together with a notice that the Board will meet on Tuesday, July 5, 1910, at which time the second session of the Board will begin and continue in session for twelve days, for the purpose of hearing any appeals that may be submitted to the Board

for any change or modification of the assessments made by the Board at its first session, and that any person desiring to apply for a change or modification of any assessment so made by the Board at its said first session shall file with the Auditor of State, on or before the 25th day of June, 1910, a written application and statement of the claims and reasons for a reassessment of any such property.

2. That upon any application being so made for a rehearing of any assessment so made by the Board, the Secretary of the Board shall fix a date, with the approval of the Board, when such petition will be heard by the Board.

3. That any person dissatisfied with any assessment so made by the Board at its first session, and so applying for a rehearing on said assessment and for a change and modification thereof, shall state in the application therefor distinct and well-grounded reasons for such change and modification of such assessments, and all statements in support of such application shall be short and explicit.

4. That the Board will not allow long or indiscriminate statements to be made by anyone so appealing.

There being no person present desiring to be heard by the Board relative to any matter pending before it, on motion, the Board went into executive session for the consideration of the various properties assessable by it, and so remained until the hour of 12 o'clock, noon, at which time, on motion, the Board adjourned until 2 o'clock p. m.

The Board met at 2 o'clock p. m. with all the members present, and Secretary of State Sims, the chairman, presiding.

On motion, and by unanimous vote, it was ordered by the Board that all companies, copartnerships, and corporations properly assessable under the laws of the State of Indiana by the Board at this session, and who have not made reports, as required by law, be referred to the Auditor of State for assessment, and that he be and is hereby authorized and instructed to make such assessments, as he is now empowered by law to do; and that when such assessments shall have been made by him, that they shall be considerel

as having the same force and effect and shall be as binding as if they were made by this Board at this present session.

On motion, and by unanimous vote, it was ordered by the Board that the assessments of such property as the State Board of Tax Commissioners is, by law, authorized to assess, of street, steam, urban, interurban, suburban, and electric railway and railroad companies, of telephone companies, of express companies, of pipe line companies and of sleeping car and transportation companies, be and the same are hereby fixed as follows, to wit:

STEAM RAILROADS.

The State Board of Tax Commissioners of the State of Indiana, after full consideration, does hereby assess and value the "railroad track," "rolling stock," and "improvements on the right of way," of steam railroads and railways within the State of Indiana, for the year 1910, the same being owned, controlled or operated by the persons, companies, or corporations as shown by this table No. 1, which assessment and valuations of such properties are as follows, to wit: