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from which it couldn’t be benefitted straight or indirectly, a tax imposed on the island land by the district was held to be a deprivation of property with out due process of regulation.

402 Nor does a municipal constitution authorizing the imposition upon a local telegraph company of a tax upon the strains of the corporate inside its limits on the charge at which other property is taxed but upon an arbitrary valuation per mile, deprive the company of its property without due strategy of legislation, inasmuch as the tax is a mere franchise or privilege tax. 392

 

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