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People ex rel. Manhattan Ry. Co. v. Woodbury

127 N.Y.S. 1138 Court N.Y. App. Div. Decision date 1911-02-10 English

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p. 1138
PEOPLE ex rel. MANHATTAN RY. CO., Appellant, v. WOODBURY et al., Respondents.
(Supreme Court, Appellate Division, First Department.
February 10, 1911.)

Headnote

Proceeding by the People, of the State of New York, on the relation of the Manhattan Railway Company, against Egbert E. Woodbury and others;
R. R. Rogers, for appellant.
C. A. Peters, for respondents.

Order affirmed, with $10 costs and disbursements, and judgment affirmed. Order filed.

INGRAHAM, P. X, and LAUGHLIN, X, dissent, on the ground that 7 per cent, should be allowed as the basis upon which the value of the special franchise should be capitalized.