The Lambertville record. [volume] (Lambertville, N.J.) 1872-1968, 1905-01-11

acceptance AMI uniform adoption" pro-
yidlng for n state tax Of one half Of
per cent upon their cost and subjccting
the property Of any such road (eycept
rOadbed a hundred feet ia Width and a
tract Of ten acres at the teffHibi with
improvements thereon to local taxes
This law was in 1876 modified TO coin
oily with the constitutional requirement
that property should be taxed on its
value aud not on It's cost but The state
| tax was vigorously maintained, the act
indeed being entitled An act proYld=
| ing for state taxes on railroads ana
| the more cfTectual collection thereof.
In 1894 the present law, - corrected
| In 1899, WIS pissed and Of cDurs" ii
also contained the familiar provision
requiring each company TO pay 10 the
state for general state purposes the
tax Of one half Of / per cent upon each
dollar Of valuation the prOcce -
whereof were 10 he applied to the
Igs II the state.
10 more satisfactory resume Of this
matter can he found fhafi Is contained
Il Mr. Justice Park ers opinion IN the
court OF errors. coHrnUHZ with the
Inn iorHty Of the court IN the - thai
this 40 j. entirely fair and e5H~tlta-
tlonal He=-ayS 4eaklag = railroads
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