The sun. [volume] (New York [N.Y.]) 1833-1916, 1894-04-04

ers paid taxes on gross earnings Of the amount
an a s%ount stated vas inser.state commsrss
business, but there is no light ss TO what ths
p as or frssht' or sO how the amount L
III The report Of = transportation company Of
under the law be made and signed By the
President, seyrstary, or Treasurer Of the com
Tor Interstate rebates signed BY any Of these
officials. Nearly all Of the petitions were made
the Department or BY an attorney represent
ing the corporation for that special proceeding
panies report only their local earnings, coupled
with the vague and unsatisfactory character
,ne @p0n gnsh ,h mss sstaps
the evidence upon which rebates 70 the smount
Of over 81 500, 100 were granted -,,
rejected By Comptroller Chaplin, were favorably
as proof positive. OF the legality OF making
such rebates And perhaps II may not be out
Gins Tsns and infs sna tSs State With
! out connectioh with other linee. such a thing
gers carried over the line is an sbsuriity. The
contract Is completed so far as one road is
concerned when the passenger Is delivered TO
ss reported 10 the iaiirosd oommission with
the amount OF business on which taxes are
| paid leads TO the inevitable conclusion that
passenger business has been treated as largely
Rebates granted on. account Of dividends
earned prior 20 Now j. 1873; Chapter o. Of
that is. to say it compelled the co m panies to
report for the year ending Nov. L. 1850 Six
mads Under tie act the he claim was mad. By
certain compsnies that In their hrst report
The trSnsportstiSn com psnies were not
s%G Gn'' the Sn'i taxes ss p'Op Witch
to any considerable sum were given rebates.
rebates were given to leased rods, notEith:
standlng the fact that these roads had Hxea
could, un1isr no distortion OF the law come
under tho pretsxt of the roads claiming re-
LAY Of tho LAWS Of 1885, Te three
illustrations will serve to make clear this
Tno Saratoga and schenectady Railroad
Company was leased to the Delaware and
HUDSON Canal Company In the year Ys, ls6l and and
Saratoga and seSnneetsdy. Railroad Company
.ss 81 pes sso the said
road. ON Jan. IL. 1881. there was reoated to
on account Of dividends earned prior to Nov.
?; 1879. the sum Of s262.o0 II Will be seen
/" the beginning of the operation Of the act
| that imposed tho taxes.
Ths Rensselaer and SARATOGA hailr9s AEON Com,
Canal Company in 1870 The amount Of cap
ital employed BY said road in the state OF New
| the Delaware and Hudson Canal Company
| guaranteed the said Rensselaer, and Saratoga
tS af csplts saoek ss an annual rental On Jan.
| -. 1886. there was Te6ated to said company
| earned prior to Nov. !. 1879
| The Delaware and Hudson Canal Company
the In sna By e..
terms Of the lease the Albany and Susy uehanna
asro.d J,o%pan{ was Sn n Per cent
1885, there was was f rel to said company the
ss.s rOOa saI witch 0 have rec.v.d fSes. e
bates are the Spuytsn Duyyil and Port Morris
and several Others. which were all leased years
before the enactment OF chapter o42 OF the
| Illegal or erroneous payments: In my OK
animation q the books OF the CORPORATION Tax la.
to Hee eompaniss Nor tsaes Illegally or errone.
| ously. paid" One OF these cares can To thus
On Dec. II. 1893, or the last week but one OF
Comptroller Campbells term OF office, there
was T.SHed to the psis e, sS and Hudson
i lSSn and Ssr.toEs and Adam and sasaSs.
bs the Delaware and Hudson Canal Company.
dep DEP sntiand are thsrsfors sntitis to mo no
rebate on earnings
psny ~. PRIOR to 1855. was taxed on capital Td
stock of about $l3 OOO 900. II claimed at that
"a q r.. ysf rSss
claim was allowed by Comptroller Chaplin. and
tn. credit ,ksa ior was given to the said
eompsnv only eapioyed sIo.ouo. 200 capital
was taxed. As a leased road the company can
pay no tax. e1csnt upon its capital stock.
capital stock by the said Delaware and Hud-
son Canal Company. Under the law Its rate OF
ish during the term OF It's lease. The tax must
be two mills on every dollar OF capital stock
sysar. With this plain showing It Is dinicut
TO understand how there could have been any
Or q 10 re- hs
TSs New York and Harlem RsllrSad Gem:
miles ali in the State 81 New York. il |. under
Kiysr Railroad Company. and has been since
1873 The portion OF the r9a %. running M from
GaSnins from 1hs Grand Central Depot To
.rs Ss York ns
9 ts the vas pS ssn o ssscS
How or what constitutes an erroneous pay
nent the entry does :nl not say can see 40
The New York. Ontario and Western Rail;
to 0swsEo. a distance OF about two hum
dred and seventy-tTo miles. Il leases from
tho Delaware and Hudson Canal Company. the
Utica. Clinton and Bingh.mton, and Rome and
Clinton Railroad com paniss- Tho leased lines
form line from Utica 10 Randallsxills. dis
lance Of about thirty-one miles. The entire
line both main and branches, ts entirely with
10 the state Of New YSrk; The stock q thi.
purpose OF taxation IL has been appraised
4 yalI. Of from sIoOOo;oOo 20 SIS:
opsistion OF the Corporation Tan law:
on Dec. 20, 1879. rebate was granted
said company on account OF tax enormously
paid on earnings" of S.3l4.2S for the years
1880. 1881. 1882. and lSSi; and on Dec. n.
1873 q further rebate was allowed to this
company ION account OF capital employed
outside The State OF New York" amounting to
81, 500. 5b. | cannot see any reason why the
com pany should have been allowed either OF
the above rebates and Tor further Information
/ would refer to reports OF said company made
| 10 the Railroad Com missiOners.
The bookkeeping for the past two years, as
display ed in book 1 OF this department Is sim
ply ridiculous, Al the charges against trans
portation con pAnlss for the past two years are
made with lead pencil Why charges ofsuch