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The day book. [volume] (Chicago, Ill.) 1911-1917, May 22, 1915, NOON EDITION, Image 1

Image and text provided by University of Illinois at Urbana-Champaign Library, Urbana, IL

Persistent link: https://chroniclingamerica.loc.gov/lccn/sn83045487/1915-05-22/ed-1/seq-1/

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NOON EDITION
ONE CENT
READ CHAS. RUSSELL'S WAR STORY
ITALY WAR DECLARATION EXPECTED AT ANY
MOMENT STUDENTS AND TEACHERS CLASH
THE DAY BOOK
An Adless Newspaper, Daily Except Sunday
VOL'. 4, NO. 201 Chicago, Saturday, May 22, 1915 398
HLDEN GOT OFF DIRT
CRTAP IN TAXES
BANKERS HOWL
-ALDERMEN ASK WHY
Aid. Alex, A. McCormick: I voted
to order'Corporation Counsel Folsom
to start forfeiture suit against the
Chicago Tunnel Co. I shall vote that
way again. Let the courts construe
the forfeiture clause in the automatic
franchise. I am not voting either for
or against confiscation. Are the peo
ple the legal, rightful owners of the
automatic phone system? I want to
see that question tested in the courts.
Aid. Rodriguez: What are the
bankers ad money-grabbers afraid
of? We order this question to be
tried in the courts. The bankers
howl. Why? Let the courts say
whether Armour or the city of Chi
cago is the rightful owner of this
telephone property. I shall fight to a
finish for court action on this.
According to News From
Assessor's Office Estate
Worth $8,000,000 Paid
Taxes on $5,000.
During the last five years of bis life
in. the city of Chicago, Edward Til-
den, millionaire, paid to the people of
Cook county a personal property tax
amounting to less than $75 a year. He
scheduled personal property -worth
?5,000.
A few days ago an inventory of his
estate was filed in the probate court.
It amounted to more than $8,000,000.
Twenty-nine printed pages, neatly
fixed in pamphlet form, showed he
held large blocks of stocks and bonds
in more than 100 'different' firms.
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