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Dad - stsrt the with of pay coat will the open Rid-ng...
stsrt the with of pay coat will the open Rid-ng building In a smoky Mr. Christie. He valued the land at $2,970 and the building st $2,100. Ths rental netted $278 or 4.74 percent on the asseeeed value. Mr. Shepard remarked that Mr. Chrletle's valuation of the bulldlnj equalled the assessment "So there will bs no dlsputs about that" he commented. Examining W. M. Hay. city assessor, Mr. Christie pressed him to give reasons for his valuation of the land. Did he baae hla valuation on the highest earning power of ths land? Street Rumors Mr. Hay claimed it was Impossible to assess one earning power alone. That was one factor. One man would succeed where another man would fall on tha same lot Actual returns were an Indication of value. He Inquired aa to rents from tenants. , "You are listening to street rumors instead of coming to our office for your information," declared Mr. Christie. "You evidently didn't want to get the correct facta." Mr. Hay aald he had figured the earning value of the property at Ths guest speaker st ths weekly luncheon of the Bt. Bonifsoe Kl-wanls Thursday wilt be Edward Anderson, K.C president of the Winnipeg Electrlo company. Hla address will deal with traffie problems In cities. , A. E. Fortlngton, ef ths department of trade snd commercs. Ot-tawa Is In Winnipeg In connection with developing ths export trade of local Industry. He will leave for Regina and other wealern points tonight on a sUnllar business which will take him to Vancouver. After a Journey of many thousands of miles from Moglelnlca, Poland, 8-year-old Sylvester Konar arrived In Winnipeg over Canadian National railways thla morning to Join hia father, Wladyslaw Konar. 69 Hallett at, whom he haa not seen for six years. Msnitobs Motor league reports that No. I highway to Portage Is blocked with large drifts. The rotary anow plow, operating today, waa forced to turn bark at Houdea bridge owing to depth of anow east not Joaaph rroing n that of The contended result of taken ovsr bankrupted "We Joseph, control, part; business Loree. and not anywhere slightest In Sir to deny tha asserted the

Clipped from
  1. The Winnipeg Tribune,
  2. 16 Feb 1932, Tue,
  3. Page 3

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