Central Pacific Railroad v. State Board of Equalization

Citations

• 60 Cal. 35
• 1882 Cal. LEXIS 395

Syllabus

<p>Taxation—Assessment—Railroad Companies—Mortgage—Constitutional Law.—Under the Constitution of this State, the property of railroad and other quasi public corporations is subject to assessment and taxation, without deduction of the amount of any mortgage or like lien thereon.</p> <p>Id.—Id.—Id.—Id.—Id.—This provision is not in conflict with the Fourteenth Amendment to the Constitution of the United States. The provision of that section, that no State shall “deny to any person within its jurisdiction the equal protection of the laws,” applies to natural persons only, and does not apply to corporations, or artificial persons.</p> <p>Id.—Id.—Id.—Id.—Id.—Person—Definition.—Section 9 of Article xiii of the Constitution (relating to the equalization of county assessment rolls), has no relation to the assessments of the property of railroad corporations operated in more than one county.</p> <p>Id.—Id.—Id.—Franchise—Constitutional Law.—The franchise of the Central Pacific Railroad Company is property subject to taxation; and is not exempt from taxation by reason of its being a means or instrumentality employed by Congress to carry into operation the powers of the general Government.</p>