Detroit Edison Co. v. Corporation & Securities Commission

Appellant filed its 1956 corporate annual report and paid the corporation and securities commission the sum of $1,131,061.63 as its annual franchise fee. The commission determined that the fee was deficient in the amount of $54,848.10. A re-determination was made at appellant’s request, and the deficiency was again assessed at the same amount. An appeal was taken to the corporation tax appeal board, during the pendency of which appellant paid the deficiency under protest.

When the proceedings on appeal were commenced,, appellant vigorously objected to a hearing before the chief assistant…