Cox Needle Co. v. Gilford
Supreme Court of New Hampshire
Petition, for the abatement of taxes assessed upon the plaintiff’s needle manufactory, machinery, and stock in trade for the year 1882. The plaintiff is a corporation organized June 4, 1880, with a paid capital of $6,000, and having its principal place of business in the town of Gilford. On the first day of April, 1882, it had more than $5,000 invested in its manufactory, machinery, and stock employed in its business in said town.
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Petition, for the abatement of taxes assessed upon the plaintiff’s needle manufactory, machinery, and stock in trade for the year 1882. The plaintiff is a corporation organized June 4, 1880, with a paid capital of $6,000, and having its principal place of business in the town of Gilford. On the first day of April, 1882, it had more than $5,000 invested in its manufactory, machinery, and stock employed in its business in said town. In the warrant for the town-meeting held in Gilford in November, 1878, there was an article as follows: “Art. 9. To see what action the town will take in relation…
1Opinion of the CourtCarpenter, J.
“ Towns may by vote exempt from taxation for a term not exceeding ten years any establishment therein, or proposed to be erected or put in operation therein, and the capital used in operating the same for the manufacture of fabrics of cotton, wool, wood, iron, or any other material; and such vote shall be a contract binding for the term specified therein.” G. L., c. 53, s. 10. The principal question is, whether the vote taken by the town is authorized by law, — whether towns have authority under the statute to exempt from taxation by general vote all manufacturing establishments which may in…
2Cases cited1 opinion
- Opinion of the CourtSupreme Court of New Hampshire · 1879
3Cited by1 opinion
- Franklin Falls Pulp Co. v. FranklinSupreme Court of New Hampshire · 1890