N.Y. Railroad Law § 144: Assessment of property of new or surviving corporation

§ 144. Assessment of property of new or surviving corporation. The

real estate of such new or surviving corporation, situate within this

state, shall be assessed and taxed in the several towns and cities where

the same shall be situated in like manner as the real estate of other

railroad corporations is or may be taxed and assessed, and such

proportion of the capital stock and personal property of such new or

surviving corporation shall in like manner be assessed and taxed in this

state, as the number of miles of its railroad situate in this state

bears to the total number of miles of its railroad.