Commonwealth v. New York, Chicago & St. Louis Railroad

Opinion by

Míe. Justice Horace Stern,

The questions involved in these cases have been considered at length in Fidelity-Philadelphia Trust Company Tax Case, 354 Pa. 355, 42 A. 2d 267. The New York, Chicago & St. Louis Railroad Company appeals from assessments of the corporate loans tax imposed upon it for the years 1937 and 1941. This company is the offspring of three successive consolidations:—the first between the New York, Chicago and St. Louis Railroad Company (a New York corporation) and a Pennsylva nia corporation, the second between the consolidated New York, Chicago & St. Louis Railroad…