Andrew v. Munn

ALBERT, J.-

-The Iowa Loan & Trust Company was organized under the laws of the state of Iowa, with its principal place of business at Des Moines, Iowa. It had. shares of capital stock outstanding in the total amount of $500,000. The tax levied upon these shares. of stock for the years i~i question is as follows:

1919 •

~34,165.35 1920.

40,311.30 1921.

43,000.20 1922.

40,012.46 1926.

stock. The conipany passed into the hands of a receiver for liquida- tion an December 21, 1926. The plaintiff, as receiver, alleges that he is in possession of all of the property of the Iowa Loan & Trust Company; that…