Crescent City Railroad v. Board of Assessors

Citations

• 51 La. Ann. 335
• 25 So. 311
• 1899 La. LEXIS 406

Syllabus

<p>Syllabus.</p> <p>(1.) In determining value of a corporate franchise, the earning capacity forms a basis of estimation. Sec. 28, Act No. 106, 1890.</p> <p>(2.) But it is not the sole basis. Starting with the earning capacity as a basis, it is competent for the assessor to consider other matters having a hearing upon the value of the franchise, other facts and circumstances tending to augment such value on the one hand, or diminish it on the other.</p>