railroad property

railroad property
Property essential to the operation of a railroad. The term includes the road-bed, right of way, tracks, bridges, stations, rolling-stock, and such like property; but it does not include land owned by the railroad and held for sale by it, for profit, in no way connected with the use and operation of the railroad. Northern Pacific Railroad Co. v Walker, (CC ND) 47 F 681, 685. As to what is railroad property for the purpose of taxation, see Anno: 80 ALR 252. See railroad equipment.

Ballentine's law dictionary. . 1998.

Игры ⚽ Нужно решить контрольную?

Look at other dictionaries:

  • Railroad police — is a type of security police responsible for policing railroad (or railway) lines. In the United States and Canada, they are employed by the major Class I railroads, as well as some smaller ones. In other countries, this work is typically done by …   Wikipedia

  • Railroad — Rail road (r[=a]l r[=o]d ), Railway Rail way (r[=a]l w[=a] ), n. 1. A road or way consisting of one or more parallel series of iron or steel rails, patterned and adjusted to be tracks for the wheels of vehicles, and suitably supported on a bed or …   The Collaborative International Dictionary of English

  • railroad — Under Title 11 U.S.C. Section 101: (44) The term railroad means common carrier by railroad engaged in the transportation of individuals or property or owner of trackage facilities leased by such a common carrier. United Glossary of Bankruptcy… …   Glossary of Bankruptcy

  • railroad — /rayl rohd /, n. 1. a permanent road laid with rails, commonly in one or more pairs of continuous lines forming a track or tracks, on which locomotives and cars are run for the transportation of passengers, freight, and mail. 2. an entire system… …   Universalium

  • Railroad tie — While wooden ties dominate North American railways, concrete is widely used in other parts of the world. A railroad tie/railway tie (North America), or railway sleeper (Europe) is a rectangular item used to support the rails in railroad tracks.… …   Wikipedia

  • railroad company — A railroad corporation, an association of persons, even a natural person, engaged in the operation of a railroad facility. International & G. N. R. Co. v Dawson, 111 Tex 247, 232 SW 279, 15 ALR 1367. For the purposes of reorganization under… …   Ballentine's law dictionary

  • railroad, railway — These terms are used interchangeably by most speakers and writers. In exact usage, railroad is used to refer to the entire system involved: the tracks themselves, the stations, rolling stock, land, ticket offices, and other property used in… …   Dictionary of problem words and expressions

  • Railroad District (Atlanta) — The Railroad District of Atlanta is the historic south central business district of the city during its 19th century prominence as a major railroad junction. The name is applied to 20 blocks of the downtown area south of Five Points between the… …   Wikipedia

  • railroad — I. noun Date: 1825 a permanent road having a line of rails fixed to ties and laid on a roadbed and providing a track for cars or equipment drawn by locomotives or propelled by self contained motors; also such a road and its assets constituting a… …   New Collegiate Dictionary

  • railroad equipment — Necessary adjuncts such as cars, locomotives, and other movable property, but not everything necessary to the operation of the railroad, not machine shops, roundhouses, etc. 44 Am J1st RR § 272 …   Ballentine's law dictionary

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”