In re New York, New Haven & Hartford Railroad

This is an application by petitioners for an order pursuant to the previsions of article 78 of the Civil Practice Act to review and annul the final determination of the State Tax Commission imposing a mortgage tax of $24,"876, together with penalties thereon in the amount of $21,642.12, with respect to the issuance and sale of $27,121,000 principal amount of Series of 1927 bonds of the New York, New Haven and Hartford Railroad Company under its first and refunding mortgage and supplements thereto.

Heretofore and under date of December 9, 1920, the railroad executed and delivered to the Bankers…