Fort Smith Lumber Co. v. State ex rel. Attorney General
Supreme Court of Arkansas
Appeal from Sebastian Chancery Court, Fort Smith District; J. V. Bourland, Chancellor; 1. Under the decision in 128 Ark. 505 we are entitled to a decree for defendant.
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Appeal from Sebastian Chancery Court, Fort Smith District; J. V. Bourland, Chancellor; 1. Under the decision in 128 Ark. 505 we are entitled to a decree for defendant. There is nothing in the former decision of this case that is conclusive of this case. 131 Ark. 40. The decree is in violation of article 16, section 5, Constitution of Arkansas. 73 Ark. 515; 97 Id. 254; 128 Id. 505; 131 Id. 40. 2. Taxation of the capital stock and property of a corporation and of its shares of stock is double taxation and not allowable. 97 Ark. 254; 128 Id. 505-513. The words “capital stock” mean the aggregate…
1Opinion of the CourtSmith, J.
Upon the remand of the cause of State ex rel. Attorney General v. Fort Smith Lumber Company, 131 Ark. 40, the parties prepared the following agreed statement of facts upon which the cause was submitted:
“1. That the Fort Smith Lumber Company, Central Railway of Arkansas and the Choctaw Investment Company were each, for the years mentioned in the complaint, corporations existing and doing business in the State of Arkansas, and each was duly organized under the laws of Arkansas, the Fort Smith Lumber Company and Choctaw Investment Company being organized under section 837 and following sections…
2Cases cited2 opinions
- Dallas County v. Home Fire InsuranceSupreme Court of Arkansas · 1911
- State ex rel. Attorney General v. Fort Smith Lumber Co.Supreme Court of Arkansas · 1917
3Cited by8 opinions
- Miller Lumber Company v. FloydSupreme Court of Arkansas · 1925
- St. Louis Southwestern Railway Co. v. JacksonSupreme Court of Arkansas · 1969
- White River Lumber Co. v. StateSupreme Court of Arkansas · 1928
- Henry v. Gulf Refining Co. of LouisianaSupreme Court of Arkansas · 1929
- Gates v. Bank of Commerce & Trust Co.Supreme Court of Arkansas · 1932
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