Green v. Wisner

WHITE, JACK F., Associate Judge.

Appellant tax officials are aggrieved by am injunctive decree adjudging $491,619.19 of' appellees’ property in the hands of appel-lees’ brokers to be taxable as class A rather-than class D intangible personal property-under the Florida intangible personal property taxation law, Section 199.02, Florida. Statutes 1957, F.S.A.

*815According to appellees’ complaint the property in question was not a conventional margin account but an accumulated sum, uninvested and unincumbered, held for ap-pellees’ convenience without interest and withdrawable on demand. The record…