Memphis & Charleston Railroad v. Gaines

The Chancellor:

A number of bills have been filed in this court by different railroad companies against the railroad-tax assessors for the state, and the state comptroller, to test the question of their total -or partial exemption from taxation under the assessments made. Upon application, I granted a preliminary injunction to prevent the assessments being acted on until the rights of the parties could be determined. The cases of three of the i’ailroad companies have been selected as test cases, and submitted to me upon ■demurrer, which, it is agreed, raises the points in issue. 'These are the…