Chicago, Rock Island & Pacific Railway Co. v. State

This is a proceeding in error under .section 5901, Comp. St. 1922, to review the assessment for taxation made by the state board of equalization and assessment of that part of its property and franchises required by law to be assessed by that body. The complainant alleged in its petition for a hearing before the state board that all property in the state other than railroad property has been valued for assessment purposes by the county authorities at not to exceed 50 per cent, of its actual value; that the law provides that the property of complainant be also valued on the same basis as used…