Sharon Railway Co. v. Erie Railroad

Citations

• 268 Pa. 396
• 112 A. 242
• 1920 Pa. LEXIS 702

Syllabus

<p>Railroads — Lease—Payment of taxes Toy lessee — Taxation—Federal income tax.</p> <p>A provision in' a railroad lease requiring the lessee to pay all taxes, duties and assessments upon the demised premises, upon receipts from transportation, upon the business of the demised railroad, and upon the bonds and capital stock of the lessor, does not apply to the federal income tax levied upon the annual rental received by the lessor under the lease.</p> <p>Catawissa R. R. Co. v. Phila. & Reading Ry. Co., 255 Pa. 269, followed.</p>