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19390103_7_razing - street, known as the Scott foundry and...
street, known as the Scott foundry and auxiliary buildings, sidings and lands, to the Birdsboro . Steel Foundry and Machine Company for approximately $140,000. The old Eckert furnaces at South street and the Reading Railway, near the pipe mill plant, were razed many years ago, and the Spruce street mills were dismantled almost two decades ago. The Iron company may not get a reduction in its tax bills for 1939, by ordering the 85 buildings razed, even though the razing permits were issued before the end of 1938. In a somewhat similar case before the authorities some time ago, it was held that as the budget for the current year was estimated estimated on assessments on properties properties standing at the time of budget making, the asMsitmrnt for the year covered by the budget would stand, even although although the property in question had been razed soon after the budget was made. On a basis of 30'i mills, the total city, school and county mill - age, on an estimated $1,500,000 assessment, the company's yearly tax bill was $45,750 at the low ebb period of Its operations. At one time, when the company had more plants operating, the Scott Works, the Spruce street mill and tne Eckert furnaces, its annual tax bills were above that amount.

Clipped from Reading Times03 Jan 1939, TuePage 2

Reading Times (Reading, Pennsylvania)03 Jan 1939, TuePage 2
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  • 19390103_7_razing

    email209 – 29 Dec 2013

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