Commonwealth v. Ontario, Carbondale & Scranton Railway Co.
Supreme Court of Pennsylvania
Appeal, No. 19, May T., 1897, by defendant, from judgment of C. P. Dauphin Co., Commonwealth Docket, 1896, No. 612, on appeal from tax settlement. Mitchell, Green and Williams, JJ., dissent. Appeal from tax settlement.
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Appeal, No. 19, May T., 1897, by defendant, from judgment of C. P. Dauphin Co., Commonwealth Docket, 1896, No. 612, on appeal from tax settlement. Mitchell, Green and Williams, JJ., dissent. Appeal from tax settlement. The facts appear by the opinion of Simonton, P. J., which was as follows: This is an appeal from a settlement made by the auditor general and state treasurer June 30, 1896, against the corporation defendant, for tax on capital stock, for tbe tax year 1895. It was tried by the court without a jury, as provided by the act of April 22, 1874, and on the testimony and documentary…
1Opinion of the Court
Opinion by
Mr. Justice Dean,
The defendant railroad is 53.66 miles in length, running from Scranton, Pennsylvania, to Hanover Junction in New York; the number of miles in this state, is 50.75. It has a paid-up capital of $1,500,000, divided into 15,000 shares of the par value of $100 per share; its funded debt is $1,300,000. It is operated by the New York, Ontario and Western Railroad Company under a lease for ninety-nine years; an annual rental *209of $75,000 is to be paid, also a sufficient sum to maintain the organization of the lessor company, not exceeding $3,000 annually; all the bonds and…
2Cases cited1 opinion
- Commonwealth v. Delaware, Susquehanna & Schuylkill R. R.Supreme Court of Pennsylvania · 1894
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- Fleer v. ReaganSuperior Court of Pennsylvania · 1904