People ex rel. Equitable Gaslight Co. v. Barker
New York Supreme Court
Appeal from special term, New York county. Certiorari by the Equitable Gaslight Company against Edward P. Barker and others. From an order vacating and setting aside the assessment of a personal tax upon the relator for the year 1893, defendants appeal. Affirmed.
1Opinion of the CourtFollett, J.
The Equitable Gaslight Company, of the city of New York, is a corporation organized under the laws of this state, with a capital stock of .$4,000,000, on which, in 1890 and in 1892, it paid dividends of 8 per cent, out of its earnings. The amount of the dividends paid in 1891 and during the years previous to 1890 is not disclosed by the record. In 1893 the commissioners of taxes and assessments valued the real estate of the corporation at $1,527,-300; patents and franchises, $500,000,—total $2,027,300. They deducted this sum fi;om $4,000,000, the capital stock, which left a remainder of…
2Cases cited3 opinions
- People Ex Rel. Mutual Union Telegraph Co v. Commissioners of TaxesNew York Court of Appeals · 1885
- People Ex Rel. Second Avenue Railroad v. BarkerNew York Court of Appeals · 1894
- People ex rel. Second Avenue Railroad v. BarkerNew York Supreme Court · 1893
3Cited by5 opinions
- People ex rel. Coney Island Jockey Club v. PurdyAppellate Division of the Supreme Court of the State of New York · 1912
- Dale v. City of New YorkAppellate Division of the Supreme Court of the State of New York · 1902
- In re TilyouAppellate Division of the Supreme Court of the State of New York · 1901
- In re the Estate of BrandrethNew York Surrogate's Court · 1899
- Dale v. City of New YorkAppellate Division of the Supreme Court of the State of New York · 1902