87 Ga. 487 | Ga. | 1891
The general tax act of 1888 declares that “all the property of railroad companies doing business in this State shall be taxed at the same rate as property of natui’al persons is taxed, except . . that portion of the property of each railroad company that is exempt by its charter from taxation,” etc. In 1889 the legislature passed an act which declares that “if any railroad company or companies doing business in this State shall fail or neglect to pay to the State all the taxes which such company or companies may be due and owing to the State for taxes, by the first day of October in each year, then such railroad company or companies shall incur a penalty therefor of five hundred dollars, and the comptroller-general shall immediately issue