Rensselaer Semi-Weekly Republican, Volume 39, Number 58, Rensselaer, Jasper County, 26 March 1907 — Nebraska Wins Tax Cases. [ARTICLE]

Nebraska Wins Tax Cases.

The United States Supreme Court, in a decision announced by* Justice Holmes, rule# that the Union Pacific find Burlington railroads must pay the tax rate on their property in the State of Nebraska, to the amount of $3,100,000. This includes the taxes of 1904-05-06, with penalties for non payment. The railroads had offered to settle for $2,200,000. The objection to payment had been made originally on the plea that the equalization board, acting under the influence of political agitation, had so increased the valuation of property as to almost double the aggregation payment of railroads in previous years. It was -charged that the board took into consideration interstate business and property of the railroads located outside of the State, but on these points the court decided otherwise.