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Extract From Gov McLaurin Reply Against Railroad Tax Exemptions
Gov McLaurin denounces Yazoo Mississippi Valley and Illinois Central contracts over 1892–1895 tax claims. He notes exemptions claimed from taxation under earlier charters and consolidation acts, details the 1886 and 1892 mergers, and urges repeal of exemptions to ensure taxes are paid. He argues large rail conglomerates use vast wealth to resist lawful collection and asserts the state should tax as others do.
MENTIONED IN THIS ARTICLE
Yazoo & Mississippi Valley
Illinois Central Railroad
Louisville, New Orleans & Texas Railway Company
Yazoo & Mississippi Valley Railroad Company
Mobile & Northwestern Railroad Company
Memphis & Vicksburg Railroad Company
Mississippi Valley & Ship Island Railroad Company
Consolidated Company
The
Railroad Commission
West & East Railroad Company
Yazoo & Mississippi Valey Railroad Company
Louisville, New Orleans & Texas Railroad Company
Illinois Central Railroad Company
Natchez & Jackson Railroad Company