State Ex Rel. Northern Pacific Railway Co. v. State Board of Equalization

— The state department of taxation and examination, for the year 1925, pursuant to powers vested in it hy statute, prepared and returned to the state hoard of equalization an assessment roll wherein the properties of the Northern Pacific Railway Company in the state of Washington were valued for the purposes of taxation, at $120,132,915. The equalization hoard conceived that valuations placed upon the property hy the department of taxation did not repre sent the actual taxable value of the railroad company’s property, in that it was less in amount than such actual taxable value, and it caused…