Hoboken Railroad, &c., Connecting Co. v. State Board of Assessors

The opinion of the court was delivered by

Gummere, J.

The Hoboken Railroad, Warehouse and Steamship Connecting Company is a corporation created by and existing under the provisions of the General Railroad law of this state. Its railroad (which is operated by electrical power) lies partly within the limits of the city of Hoboken *173and partly in the township of Weebawken, a portion of the route being over lands owned by the company, and the rest of it along certain streets of said city. It owns no rolling stock, its property consisting of its right of way, varying from fifty to one hundred feet in…