The book Speeches And Addresses was written by author Delphin Michael Delmas Here you can read free online of Speeches And Addresses book, rate and share your impressions in comments. If you don't know what to write, just answer the question: Why is Speeches And Addresses a good or bad book?
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) * In Alabama, the law fixes the minimum valuation of railroad property that minimum being a sum which, if placed out at interest at eight per cent, per annum, would yield the yearly net earnings of the road. (Code, sec. 383. ) This system of valuation is applied to railroad property alone. No such minimum value, or mode of valuation, is applicable to other property. In Arkansas, " the roadbed, water and wood stations, stations, and such other realty as is necessary to the daily running operat...ions 173 ARGUMENT These various revenue systems of the States de monstrate that, in practice at least, the rule of uni formity, which, it is stoutly maintained here, requires that railroad property shall not be burdened differ ently from other property, is seldom observed. Indeed, this course of legislation fully illustrates the language of this Court, speaking through Mr. Justice Field, in the Delaware Railroad Tax Cases, * that of the road, shall be treated and estimated as personal property. ** (Gantt.
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