People Ex Rel. Buffalo & Fort Erie Public Bridge Authority v. Davis

Lehman,'J.

The Legislature created the relator as “ a body corporate and politic, constituting a public benefit corporation.” (Laws of 1933, ch. 824.) Pursuant to authority conferred upon it by the statute, the relator acquired from the Buffalo and Fort Erie Public Bridge Company a bridge across the Niagara river, which forms part of the boundary of the State of New York and of the Dominion of Canada. For that purpose the relator issued bonds. The statute declares that “ the properties of the Buffalo and Fort Erie Public Bridge Authority shall be exempt from all taxes and assessments by the…