The times. [volume] (Richmond, Va.) 1890-1903, 1901-10-25
CORP ORA IONS
MUST P 4 AYES
Supreme Court Of Illinois hfifms
Lower Tribunal.
CHICAGO TEACH Rs, TAX CASE,
IL Eject arit Of ,laaaanus is Awarded
Asainst tiis Stale noara Of Eqaa EATON,
compelling il 70 .Assezs CAPITA. sock
Assr-sa.i4g szso,yoJ, O..
Supreme Court Of Illinois kfisms
CHICAGO TEACH Rs TAX CASE,
IN Eject .ari. Of esaaasnus is Awarded

by Associated Press
otisk-N = rr9..ij,- lI-I4.. tlGt. It'll Ne 9Ei-
areiie Gouit Isi.s nornns affirmed the
Judgment Of the Circuit Court OF oats
iiloie GoailtE II What IS Known as ne
Chlcago Teachers Tax Case. This II
eiiscl awards. writ OF mandaIltlS
against the STATE Board of Equalization
TO corapel it TO assess the capital stock
inGitsattis5 franchises, OF tW@nty7 C!1tcyt%so
coTporatloi!s. the fair cash yaiae Of wil2ss
capita! stock, including franchises over
aiid above the value OF their ian5Iose
property, IS alleged TO aSSrs ga te 3-o1,s9U
oG0.
The following are the corporations d.
rectly atlected: Chicago Gisy RAILWAY
Company West Chicago Street Railway,
North Chicago Street railway Company
Chlcdgo Union Iracllon Company. Eco
pies Gas Light ana Coke Company Chl-
cago Telephone Company, chicago jAot-
son Company, Chicago Consolidated 3Irac-
tion Company; Chicago 81 crte lrahSlt
Company, Chicago ana Jefferson Ctpah
Transit Company. Evanston Electric r$a1i-
way Company, Cicero ana Pforiso Street
Railway Company, North Chicago telec-
trio staiiwaS Gonpant, Northside 1t@e-
trio Street Railway Company, gsaSn
Street Railway Company, G!lgaso NORM
shore Street Railway Company. south
Chicago City Railway Company, Gntel%Q
West Division Railway Company, Chicil-
go Passenger Halfway Company, ana
North Chicago City Railway Company.
ORIGINAL ASSESSOR.
This case was instituly q by the State s
attorney Of Sycamore county, at the N
stance of the teachers. 1t was for writ
of mandamus to compel the State Board
of Equalization to assess the foregoing
corporations which. it was alleged, naEe
hitherto escaped taxation by the board
Tbs court holds shat the board, IN as
sessing corporations, does not act as
board of review, but as an original as
SCISSOR, and that the performance OF It's
duty to assess the fair cash value of capt.
tai stock, including franchises, over ana
above the value of tangible property,
may be enforced by mandamus.
Instead of making a proper assessment
the court says that the board arbitrarily
ana wilfully failed to follow proper and
r7ng- established rule In force for making
arh assessments, thus refusing to take
into consideration in making such assess
ments the bonded Indebtedness of said
corpora tons They also Ifsregarded all
other rules for the making of such ass asS-
ments in force at the time Of the fling
of this petition anu for the purpose of
evading their duty sought to pass new
rules for their government in making SAID
valuations and assessments. and refused
to consider tie information then before
them, furnished by the assessors, as pro-
vided by statute and assessed the capital
stock ana franchises of said corporations
at nominal sum instead of at the fair
cash value thereof.
The board is ordered to convene forth
with at Springfield and assess ne cani-
tai stock, in Guiding the franchises, in the
manner provided by law.