Legal Opinion
State Department of Revenue v. Birmingham Realty Co.
Supreme Court of Alabama
Decided January 18, 1951No. 6 Div. 885PublishedCited by 7 opinions
1Opinion of the Court
BROWN, Justice.
On September 22, 1947, the State Department of Revenue, following the formula laid down in § 25, Title 51, Code of 1940, fixed the value of all the stock of the Birmingham Realty Company, as a basis for taxation at $2,563,114, this sum being 60 percent of the total value of said stock, which was ascertained to be $4,271,858 and deducted from the first mentioned ¿mount the assessed value of its real and personal property ascertained to be $2,194,959, leaving a taxable residue of $368,155.
The taxpayer feeling itself aggrieved by this assessment appealed to the circuit court •of…
2Cases cited9 opinions
- Heiner v. CrosbyCourt of Appeals for the Third Circuit · 1928
- State v. Pullman-Standard Car Mfg. Co.Supreme Court of Alabama · 1938
- North American Telegraph Co. v. Northern Pac. Ry. Co.Court of Appeals for the Eighth Circuit · 1918
- DeMoville v. Merchants & Farmers BankSupreme Court of Alabama · 1936
- First National Bank of Estherville v. City CouncilSupreme Court of Iowa · 1907
4 more not listed; retrieve them via the Exa API.
3Cited by7 opinions
- Offenbecher v. Baron Services, Inc.Court of Civil Appeals of Alabama · 2002
- Turner v. STATE DEPT. OF REVENUESupreme Court of Alabama · 1994
- State v. GREAT VALLEY LAND AND INVESTMENT CO.Court of Civil Appeals of Alabama · 1974
- Valentine v. StateCourt of Civil Appeals of Alabama · 1981
- Rikard v. Alabama (In Re Rikard)District Court, N.D. Alabama · 1989
2 more not listed; retrieve them via the Exa API.