Chicago Railways Co. v. Gill

Mr. Justice, Shaw

delivered the opinion of the court:

The Chicago Railways Company filed its bill of complaint in the circuit court of Cook county seeking to enjoin the collection of certain taxes levied for the year 1931 against its interest in the tunnels under the Chicago river at North LaSalle street, and on West Washington street. The assessment was made upon a contention and theory of the collector that the plaintiff’s interest in these tunnels constituted leasehold estates and was, therefore, tangible property subject to assessment by the local assessor. The injunction was granted and…