Public Policy Editorials 1
Public Policy Editorials 1
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In our eReader you can find the full English version of the book. Read Public Policy Editorials 1 Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Public Policy Editorials 1
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A franchise, within the meaning of the law as the term is here used, is a right granted by the state or by a municipality to private individuals to make a special use of public property and highways, for the purpose of rendering a public service and Digitized by Google FORD FRANCHISE TAX LAW. 53 thereby promoting the public welfare. By this act this right is defined to be real property, and its assessment for the purposes of taxation as real estate is made man- datory.
Senator Ford, the suppose...d author of this amend- ment, is reported to have stated that "the Court of Appeals has already declared such a privilege to be a right in perpetuity in the streets. Its value can accurately be determined, particularly in the case of street railroads operating wholly in the streets, by the aggregate market value of the securities, which is, of course, fixed in turn by the net earnings of the road." A deed conveying ownership to real estate grants the right of ownership in perpetuity. We are told the courts hold that a grant of a right by the state or by a municipality to private persons to make a special use of public property is a right in perpetuity.
What to read after Public Policy Editorials 1?
You can find similar books in the "Read Also" column, or choose other free books by Foote, Allen Ripley, 1842-1921 to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
A franchise, within the meaning of the law as the term is here used, is a right granted by the state or by a municipality to private individuals to make a special use of public property and highways, for the purpose of rendering a public service and Digitized by Google FORD FRANCHISE TAX LAW. 53 thereby promoting the public welfare. By this act this right is defined to be real property, and its assessment for the purposes of taxation as real estate is made man- datory.
Senator Ford, the suppose...d author of this amend- ment, is reported to have stated that "the Court of Appeals has already declared such a privilege to be a right in perpetuity in the streets. Its value can accurately be determined, particularly in the case of street railroads operating wholly in the streets, by the aggregate market value of the securities, which is, of course, fixed in turn by the net earnings of the road." A deed conveying ownership to real estate grants the right of ownership in perpetuity. We are told the courts hold that a grant of a right by the state or by a municipality to private persons to make a special use of public property is a right in perpetuity.
What to read after Public Policy Editorials 1?
You can find similar books in the "Read Also" column, or choose other free books by Foote, Allen Ripley, 1842-1921 to read onlineMoreLess
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