New-York tribune., 1877-01-06
NeU- York. Jan. >, 1877.

The state Assessors in their report for 773 pasc >
refer {, raj way corpora ION. winch esc'r 3NliIoh oN
ing 10 uncertainty the inctiUn of tae principal
iicc aud recently Wioc publicity has been -Ntn 10 az
u,nllion that The Tax Department. IN TINS ely ha,l
dTry The NCW-lOrk ttnfIal
and Hudson River KtrO1d Company or Soinc one nun
dIod millions OF capital; ana Wien II was ",4"h ua, &
tbat tis civ Il the acc Eere ibe President ana most
Of the directors OF lat corporation reside ihat II II Il
terminus 0f lie road that Large part ot Us business
o. mates here ANA that large proportion OF its revc-
Yct al thesc allegations do not present strong ease
~ tat of lhc Western TRANSPORTATION Company. This
corporation, witn capi:a of $9DOOCO fixed upon the
village Of 1onawanda the pace tor its principal Office
had one cclk there at rlJO per year, aud held TIE
monthly mtrtIng, OF It's board of directors there In
the city OF Buffalo IL had 30 cirrks there it, President,
sec,erv and dire cors resided aHd chiefly did the ir
Dusno>s; trere IL transactions amounted 20 several
hundred thousand dollars annually; there lt' books 0l
account were hrrt. ard there the money s
Offices East ard west were received. IN the language OF
the Court Appeals II WaSsIOWn also tnat toe object OF
tie oOnlpani III locating itS principal onltt az iopWai
was 10 avoid in th City cf Buffalo" AID again,
uppn this point tc court sad: " IL II 40 Sore incqha-
bic or immoral Tor cofp"toh l" 90 u.s tIi' oi ail
uGi iduJl i0 do substantially tue same. eTs0n may
kcep his office III Buffalo and transact business there 10
an unlimited ano nt ENJOY ing az ul Iaciltts i'h1 i-
yaiages which the enterprise ana expenditures OF tie
city have afforded anu yr by residing without the eity
limits avoid al mulhelPd IiAa'iOn' appeared 'a'
tnis corporation hS been assessed In Buffalo, bat the
decided tat Btilio had no right to aA aud tlat
onlce ne only place who're /, could BE- assessed
ihe iacls relation 10 the New-lork Central and
Hudson River Railroad company are briefly thete
Orip.iIy fbP NnW-York Central Company owned ROAD
800 n.s long, ANA lOl many Years ltS principal Iht,
wa. i'm AlbsuS Ina ls6S tIe Hudson River Railroad
COMPANY, OwHiug a road 100 uiles long was consol-
iaitd with The NeW-IUik Central Company. and tue
principal oice thr consolidated road remained Altre
The principal Office Of tie mayor paty To TINS cUisod;t-
Idatcd company Albany was declared la be the primer
pal otce." In Albany the elections are hclG, III
Albany the directors meet and III Albany me ui.,dcus
..ie declared ana Uf course in Albany Its pllhGl-
pal oiice'-thc assessment should he, ana FOR aughl
he knew. was made. The Hudson River Railroad was
formerly assessed here, ana aIter to consolidation lhe
commissioner very properly continued the assessth
AZ sufficient evidence To on record 10 ac-
count fOI the Disappearance ~ That corporation nom the
rolls ana when that evidence secured the record
WAS clear and the commissioners have discharged their
entire duty. They would have incurred personal liza
billy IN assessing person or CCrpOratOn not within
their Jurisdiction. But does not the fact that
ny could exist IN The public mind ~ to the place
In winch such corporation should b. assessed Afford an
other proof that tie security against such cOnngencCs
which his plan would furnish was ncededf lihat Is
that all corporations Ia the state should be assessed by
ntAtc Officers at tho capItIl Of the StatC