RICHMOND, FREDERICKSBURG AND POTOMAC RAILROAD COMPANY v. State Corporation Commission

Richmond, Fredericksburg and Potomac Railroad Company (RF&P) petitioned the State Corporation Commission (SCC) for correction of an allegedly erroneous 1983 assessment of four parcels of railroad property in Arlington County and for a refund of $150,544.71 in taxes paid to Arlington in 1983 based on the challenged assessments. The parcels involved form a part of the Potomac Yard, a large railroad classification and marshalling area located partly in Arlington County and partly in the City of Alexandria. This is the fourth time an appeal to this Court has arisen from questions concerning the…