People ex rel. Union Ferry Co. v. Roberts
Appellate Division of the Supreme Court of the State of New York
Certiorari issued out of the Supreme Court and attested on the 5th day of June, 1897, directed to James' A. Roberts, Comptroller of the State of New York, commanding him to certify and return to the office of the clerk of the county of Albany all and singular the account, proceedings and evidence had before Mm on the application of the -relator for the revision and readjustment of the corporation franchise tax imposed upon it for the year ending October 81, 1896.
1Opinion of the Court
Chase, J.:
The relator is a domestic corporation, organized for the purpose of conducting and managing ferries, and is engaged in conducting and managing five- certain ferries between the boroughs of Manhattan and Brooklyn in the city of New York. It has a capital stock of $3,000,000, consisting of shares of the par value of $100 each. The evidence before the Comptroller shows that the tangible property of the corporation is of the value of $3,211,261. It has an indebtedness incurred in the purchase of property amounting to *159$2,200,000, leaving the net assets of said corporation $1,041,261.…
2Cases cited4 opinions
- People Ex Rel. Southern Cotton Oil Co. v. WempleNew York Court of Appeals · 1892
- People ex rel. Niagara River Hydraulic Co. v. RobertsAppellate Division of the Supreme Court of the State of New York · 1898
- People Ex Rel. New York & East River Ferry Co. v. RobertsNew York Court of Appeals · 1901
- People Ex Rel. United Verde Copper Co. v. RobertsNew York Court of Appeals · 1898
3Cited by5 opinions
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- People ex rel. New York Central & Hudson River Railroad v. KnightAppellate Division of the Supreme Court of the State of New York · 1902
- People ex rel. Commercial Cable Co. v. MorganAppellate Division of the Supreme Court of the State of New York · 1903
- People ex rel. Buffalo Union Furnace Co. v. GilchristAppellate Division of the Supreme Court of the State of New York · 1926
- People ex rel. Commercial Cable Co. v. MorganAppellate Division of the Supreme Court of the State of New York · 1903