Rensselaer Journal, Volume 11, Number 20, Rensselaer, Jasper County, 24 October 1901 — Statistics for Trustees. [ARTICLE]

Statistics for Trustees.

State Statistician Johnson is sending to township assessors printed blanks to be filled up with figures showing the amount of bona fide indebtedness deducted from personal property credits in this state. He says the total will very much exceed the total of deduction made under the mortgage exemption law, which is at present the subject of attack in courts. The statistician thinks if the mort-gage-exemption law is held unconstitutional the same should be held in regard to the bona fide indebtedness deduction from personal property credits. The mortgage exemption law has been upset by a circuit court, and the case will be appealed to the supreme court. Attorney General Taylor will be furnished with the statistics that are now being collected by Mr. Johnson, and will probably employ them in his argument of the mortgage exemption case before the supreme court.