HERBERT R. O'CONOR, GOVERNOR. 585

county and/or city in which it is located. (2) The following
improvements on land shall be valued separately by the Com-
mission and directly apportioned to the county and/or city
in which they are respectively located: (A) station and office
buildings, shops, enginehouses, carhouses, grain elevators,
wharves, piers, slips, storage warehouses and other houses,
except roadway buildings, and (B) power-transmission systems
for electric railway operation. (3) The Commission shall de-
duct the assessed value of the operating land and the value
of improvements on land directly apportioned as aforesaid,
from the value to be apportioned and shall apportion the re-
maining part of such value to the counties and/or cities in
which the railroad or part thereof to be apportioned is located,
according to the proportion which the all track mileage (not
including trackage rights) of such railroad, or part thereof, in
each such county or city bears to the total all track mileage
(not including trackage rights) of such railroad, or part there-
of, the value of which is being apportioned. In computing the
assessment for purposes of county or city taxation of the
operating property, except land, of a railroad located in any
county or city, the Comiuission shall deduct from so much
of the aggregate value of the operating property of such rail-
road as is apportioned to such county or city under (2) and
(3) above, such part or parts thereof as are exempt from
county or city taxation under Section 7 or any special act or
acts and separately valued under paragraph (e).

(f) Such rolling stock of express or transportation, parlor
car and sleeping car companies as is deemed tangible personal
property located in this State under Section 8 (a), shall be
valued and assessed separately to the owners of such rolling
stock and the assessment thereof shall be apportioned to the
several counties and cities of this State according to the pro-
portion which the main track mileage of the railroad or rail-
roads in such counties and cities over which such rolling stock
is habitually operated bears to the total main track mileage
of the railroad or railroads in this State over which such rolling
stock is so used.

(g) In apportioning values of operating property, other
than values of operating property apportioned under para-
graphs (e) and (f), to counties and cities as required by para-
graph (d), the Commission shall proceed as follows: (1)
operating land at its assessed value shall be directly appor-
tioned to the county and/or city in which it is located. (2)
The Commission shall value separately and directly apportion
to the county and/or city in which they are respectively lo-
cated only such other items of operating property permanently