C. F. Kettering, Inc. v. Glander

In connection with his appeal, the Tax Commissioner submits the following questions:(1) Where a foreign corporation is organized for the purpose of buying, selling and trading in investments, acquires investments at the time of organization in exchange for its capital stock and buys, sells and trades in investments, including some of those acquired at the time of its organization, do particular investment items so acquired but not disposed of through succeeding years have a situs for franchise tax purposes in Ohio in which the principal office is located and from which office all its business…