Legal Opinion

Beneficial Loan Society v. State Tax Commission

Oregon Supreme Court

Decided October 13, 1939PublishedCited by 1 opinion

1Opinion of the CourtKelly, J.

During the years 1933 and 1934, plaintiff, Beneficial Loan. Society of Oregon, the Beneficial Loan Society of Salem, and the Beneficial Loan Society of Eugene were corporations organized and incorporated under the laws of Oregon, each of which had issued capital stock in the sum of $1,000. During said years of 1933 and 1934, these three corporations were duly licensed under the Small Loan Act of the State of Oregon [Chap. 385, Sec. 2, Laws 1931] to conduct a small loan business in this state; and substantially the only business of each consisted of making personal loans of $300 or less at…

2Cases cited6 opinions

  1. Underwood Typewriter Co. v. ChamberlainSupreme Court of the United States · 1920
  2. Bass, Ratcliff & Gretton, Ltd. v. State Tax CommissionSupreme Court of the United States · 1924
  3. BASS, ETC., LTD. v. Tax Comm.Supreme Court of the United States · 1924
  4. Norfolk & Western Railway Co. v. North Carolina Ex Rel. MaxwellSupreme Court of the United States · 1936
  5. People Ex Rel. Studebaker Corp. of America v. GilchristNew York Court of Appeals · 1926

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3Cited by1 opinion

  1. Middlekauff v. GallowayOregon Supreme Court · 1939

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