RICHMOND, ETC. v. STATE CORP. COM'N

Record No. 780073.

247 S.E.2d 408 (1978)

RICHMOND, FREDERICKSBURG AND POTOMAC RAILROAD COMPANY v. STATE CORPORATION COMMISSION et al.

Supreme Court of Virginia.

August 31, 1978.


Attorney(s) appearing for the Case

Fred C. Alexander, Jr., Alexandria (Urchie B. Ellis, Richmond, Boothe, Prichard & Dudley, Alexandria, on brief), for appellant.

Charles G. Flinn, Deputy County Atty., Lewis S. Minter, Richmond (Jerry K. Emrich, County Atty., David R. Lasso, Asst. County Atty., on brief), for appellees.

Before I'ANSON, C. J., and CARRICO, HARRISON, COCHRAN, HARMAN, POFF and COMPTON, JJ.


COMPTON, Justice.

In this appeal of right, we review the assessment established by the State Corporation Commission for the 1975 tax year on 156 acres of real estate in Arlington County owned by the Richmond, Fredericksburg and Potomac Railroad Company.

The Constitution of Virginia and the pertinent statutes require the Commission to assess for local taxation the value of the real property of railroads and other public service corporations. Under the procedure...

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