People Ex Rel. Citizens' Gas-Light Co. v. Board of Assessors

That the assessors, in this case, have disregarded the mandate of the statute requiring them to put the price paid by the corporation for its real estate upon the assessment roll, is apparent from the return itself. That they have, by this error, put it out of the power of the supervisors to assess a proper tax upon the capital of the relators is, to my mind, equally clear. The Revised Statutes, as amended by the acts of July 21, 1853, and April 15, 1857, prescribe a complete scheme for taxing corporations. The second section (1 R.S. 414) requires the president, cashier, secretary, or other…