Hunt v. Board of County Commissioners

The opinion of the court was delivered by

Smith, J.:

It is agreed that “the question here presented is, May a resident owner of shares in a foreign corporation which has complied with the corporation laws of this state be lawfully taxed thereon, where all of its property is situated and taxed and the tax thereon paid in this state, its property so taxed exceeding in value the value of all its outstanding shares, and where all or practically all of its shareholders are also residents of this state?”

The plaintiff, Hunt, filed a petition in the district court of Allen county in which it is…