Commonwealth v. Del., L. & W. R. Co.

Citations

• 145 Pa. 96
• 22 A. 157
• 1891 Pa. LEXIS 653

Syllabus

<p>1. The capital stock of a domestic railroad corporation, represented by its equipment in use interchangeably on its lines within and without the state, is taxable, under § 4, act of June 7, 1879, P. L. 114, and § 21, act of June 1, 1889, P. L. 429, in the proportion its mileage operated in this state bears to its entire mileage: Pullman’s Palace-Car Co. v. Commonwealth, 107 Pa. 156.</p> <p>2. -But the capital of such company, invested in real estate and other railroads outside the state, and in vessels, barges and tugs, built, registered and used wholly outside the state, is not subject to such taxation; the said property being already taxable in the states where it exists and is used: Commonwealth v. Dredging Co., 122 Pa. 386, distinguished.</p>