Zoercher v. Indiana Associated Telephone Corp.

— This is an action by the appellee for a declaratory judgment to determine its rights and liabilities under the Intangibles Tax Law of Indiana. It appears from the complaint that in 1932 and prior to the enactment of the General Intangibles Tax Act, appellee issued its First and Refunding 6% Gold Bonds, Series A, the same being secured by indenture of mortgage. The mortgage contemplated that additional series of bonds might be issued. In the early part of 1936, appellee executed and issued a series of bonds dated October 1, 1935, and known as First Mortgage 41/2% Bonds, Series B, due October…