Murdock Acceptance Corp. v. City of Memphis

The parties will be styled as in the lower court, complainant and defendants, the complainant being the appellant in this court, and the defendants, appellees here.

The sole question involved in this cause is whether or not complainant is liable for the privilege tax levied against automobile dealers, in addition to the privilege tax or license paid for engaging in its principal business, viz., that of purchasing notes secured by conditional sales *694contracts, principally upon automobiles, and lending money npon notes secured by chattel mortgages. This particular suit seeks to recover the total…