, 1873-10-23
Arguments of Krr. Krotsinger Tor Conf
plainant and the Hon. J. P.
Root for the State.
Judge Lnwroncc to Close for tho
Insurance Company
To-day.


thus obtained acducting tito valuo Of tho tangible
property OF tue corporation. Also, allegation that,
after Tho Board Ind fniRo tho valuation Of tho rcal
and personal property Of tho stato tho salt board Ind
increased tho aggregate assessed valuation Of Hasd
property III tho State, exceeding per cont OH Btch
aggregate ya1untion md In violation Of tho statute.
TIL: FACTS TIE cAsE
have bcen made known but 1nay DO rceapitulated.
About ten daya ago tho Republic Life Insurance Co-
pnny fled bill to rcHIrain tho County Clcrk JoHoph
pollak from carrying ont the taxes on his booka on
tho valuation mado by tho State Doar1 Of E1uallza-
tfon Comp!annnts nlle9o that said Board had ratood
the valuation Of their property from about 1000,
tho amount at which 1t Ind boon nxod by tho County
Asgessor, to s8s4 000 including III this last SUM-
valuation Bot tho franchise, and tho capita stock
II IL claimed this Board Is illegal md unconst..
tutional;. Its powers void. and even though
or tho eapital stock In Tho .snts Of tho Company
on pob, Of tho oampsny %n n'sao Ao opening argyll
aS oi With The sSoSsns ;s j. ~ apsFaet a," nrls
tls general character Of tllo, act. Tho pro-
eitizcn, md is question ef n,,cl, Importance
protection Of reraon, But docs not divest the State
IL s sSfs 5ss en'?sss sss
T. yeae y tbs ho assembly aa ~ 10
Se's pe% sssy 'ns osase as s@"9s,
primarily no,s ssfon5y il the by pasdss sdfs'0
a. aa1thorized s1li by ho oensuo The acts Of fese
agens must be subordinate to the organlo INV The
Legislature IS creature q tho Constitution and
soyeraisns soy the pconio constitutional power 70 ~
ee sSpEoss c4nterod @ 2 a esEcn body ns
Gun can only he employed by Tho body authorized.
5s r. eat s@ y s' 'ss ss s'ssf ss a~ u
agency by he spirit mud eeni's Of our inatltutions
creatures cannot &C. Tne qualification q mseSrs @
board tho members ars not under tho restraining
Influence Of my such oath. No person Or body eau
400 @sonstStio,lai eaiston' read At large on tlreo
ournala Sais a and orernse only when of oeeted
n @ heso Il. Il he
y tho aet IN question tho ssAto Board arc authorized
frsTo Il aort rules aud principles for asceral,-
Ing tho fair cash values q eanal SUCK .,.,...
Sccond-To de.erniue the juace and equity Of thoao
Thsn sus rss ;; md prn,spes s,e
act acl aud tho rules arc not subject to the Leg!ala-
tourfh-Te almond, change, and alter said rules and
. . principles may bo dcHired.
IiGl-rhtse rules und principles arc aono to ap-
Ply 70 saiss Stock and are therefore In effect special
This slsh to determine the Justice Of their ruea
vstos tteir rts 10 power aud aIgul!y oi legisls
ive aet Tho righ, e the power Of the l,oar to
ms se u osa s he so
vas dissatisfied with tho valuation Of tho Town Col
rhs act TG"a ,nn ss al aaa hS Ss
u III tho state Bourdtho force q la Moreover tht
re5 lToscrne Gens nreSh9G on1y to tho espa
forn and the rules applicable 10 ono class must a'se
ts ion Is sa,s 70 .so psolsry q adyiaasi
'es ne tsoo9t liz ceurt " aay hat Tue espa
tno corporations may 10 placed 1t the dispose! Of M
Of varying losnation under standard that may b
: changed from time to time aa they zee It, and tho cor
b. weighcd in tho baanco Of The Constitution Again
the stato Hoard han paec valuation 70 On tue franels
Of e corporation Wo o sat e franchise eanno
&stinpy tile creature Of te legal Individual by thi
y act anayzcd tho State Board arc by tho Lgiaatnr
those ros and those principles Into ooct, and, wnc
thus enacted by tho sse Board they hscomS eoyato
put. put salnsiton u so 900 on tno properly Of
% corporation Tor tho value nt MILL. Tho STATE i,onr
IL to fix the standard Of values on capital stock Of col
poraiona md clrngo that standard at pleasure
without reference to uniform Of vase,
et 9sean 81 hs
easii. Tho. section auya: "Tho aouerai Aasentl
shall provide ouch revenue - may be needful. y
4 corporation ehall pay .a1 in propoftion 70 e ysu
Of lis or s property p',rA value to DO aacerla!ned
ia sc manner NJ tic aenoral Assobiy sha dlrec
aud not otherwise; /; hut tho General Assembly sha
esrs s In a ad pseges IL sue
inailuer sal from time 10 time direct by
cd section ycsts tho General Assembly with tho 40
power to levy a1es snel tag to he uniform in respe
to I'm ese: Yaas sS
.ot o:y BY liked and determined standard is she haa
The rulcs for aacerta,ntng The yaIn1ioa must 1o pr
lat ye by Legislative clact1nent, but tho valuation is
which ,nay bu bound by t.a Asaoaaos under the a
ng uniform yaluution 10 ascertain tho valuation =
LILY tue tusa Creates tie law IL aots snd lie snistsrs
Executive officer employs that law. Tho State l'oa
cipes by which to ascertain yalues on which to L.
ta1 than can o Town Collector: Tho act ts rure
sestres s Ths Aas IT, Tss pow
1aaks delegates st. TUT power e she State Board
SS''as S e Issistase, nor baeaae aosoi
gut but because the Legislature has given to tho Btu
oaEa tao form ot taxation end y s1lnst9 III a
een excessive taxaton-s W11caton. 4ld. man la
ara right to 10 heard before tho County oard mud not
A must bo given, but Aotleo Is published by tho B
ong tue bil Tint we lsveno romedy except e ts
lQR ia BT}CtlY lrte ~
three tines-onco IN it's tangible property onco On
capita. stock, and once on ths atock VI r. tue ha'
eanne. ns ven "a suy Other Ioiy~s New YorE IL
=. 48e. 9Dsrbour, G8D.
tho THE ION. J. P, N0pT
oir then heran tho arannent OH helalf Of tho State
Il said tiat this case lB nnt an altogether uinpor
,ai NATTER Tho return to tho Auditor exhibits m;
W. millions Ut tlo!Ars Of ta1ahlo property 'eolgtpK
or. corporations and 1t ain1ustant that Tho LAZY should
~ properly settled. Tlerois not much diefe1 lntW
Ills 1870 Tho Uonautl0n Of 1870 proyies in tho sect
ah- section Of Arclu that tho General Assembly q
enn lrnslno !"s !eYSnH ~ =, @ ,-soru ~ ~ Ma an
fill W a'ns ~ n.y. TX" onstat'ro nha hayo mower
10 Tux peraoun enjoyinU franchise. Il has rsght
norationsn nrs Lett ons but they In faot insI,
aud inyolyoa In, THO woris, "reraona
SsI {ion only went stop further, Now. II t.
he! can 10 found apclhlon ai!iemA t!e c6ala! ~ ~
old oatl!, 1t Will 10 tut 10 hmrst .a ,Tm na1
ltta, The new Doard aA moro TO a1 uan to on Eoaan
par WIS to tHHba8 t0pgrhpnR, roll's19'Soo4 XIV F'ah