R. C. Owen Co. v. Butler

The original bill in this case was filed in the Chancery Court of Davidson County, pursuant to T.C.A. sec. 67-2305, by R. C. Owen Company, a Tennessee corporation, to recover Tennessee excise taxes in the amount of $3,150.76, together with proper interest thereon, which had been paid under protest by the complainant. The case was tried on stipulation of facts before the Chancellor, who dismissed the bill. Complainant has duly appealed to this Court.

The complainant corporation was organized on October 19, 1946, to acquire, and on December 1, 1946, it did acquire the business and assets of a…