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21
This appeal was compromised, and the assessment reduced from
£5,675 Gross and £4,563 Rateable to £5,500 Gross and £4,000 Rateable
each party paying their own costs.
The appeal of the Midland Railway Company in respect of that
portion of the Tottenham and Hampstead Railway which runs through
Islington, and which connects the Midland Railway at Kentish Town
with the Great Eastern Railway at Tottenham was also compromised.
Particulars as to the nature of this appeal were set forth in the Report
of the Assessment Committee attached to the Annual Report of last
year. The result of the compromise was a reduction of £400 in the
Rateable Value.
These appeals have necessarily been very expensive, and having
regard to the nature of the professional assistance employed, particularly
in the case of the Gas Light and Coke Company, some time
must necessarily elapse before complete accounts can be rendered.
Since Lady Day, 1891, 530 new buildings have been erected and
assessed, the district chiefly affected being the Whitehall Park Estate,
Upper Holloway. On the other hand, the assessments of 419 properties
have been reduced on evidence of a depreciation in value. The total
increase from new properties and structural additions amounts to £7,222
gross and £5,946 rateable, giving a grand total of £2,047,260 gross
&nd £1,704,398 rateable, as the valuation of the parish at Lady
Day, 1892.

The estimates upon which these Rates were based will be found in
the appendix.