Lucaston Railroad v. Kelly

AYaesciie, President.

The appeal complaint filed by the Lueaston Kailroad Company seeks a reduction of the amount of the assessment and valuation placed upon its property by the State Tax Commissioner pursuant to chapter 291, laws of 1941, and the amendments thereto. At the hearing, the appellant contended that it is not subject to taxation under chapter 291, laws of 1941, and its amendments, because it is not a railroad within the meaning of that act.

The Lueaston Kailroad Company was incorporated in May, 1892, under an act of the legislature of the State of New Jersey, entitled “An act to…