Panola County v. Carrier & Son
Mississippi Supreme Court
Prom; the circuit court of, first district, Panola county. Hon. James B. Boothe, Judge. ^ Carrier & Son, a corporation, the appellee, appealed from an order of the board of supervisors approving an assessment of it& personal property for taxation, and was-plaintiff in the circuit court; Panola county, appellant, was defendant there. Prom a judgment in plaintiff’s favor, the county appealed to the supreme court.
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Prom; the circuit court of, first district, Panola county. Hon. James B. Boothe, Judge. ^ Carrier & Son, a corporation, the appellee, appealed from an order of the board of supervisors approving an assessment of it& personal property for taxation, and was-plaintiff in the circuit court; Panola county, appellant, was defendant there. Prom a judgment in plaintiff’s favor, the county appealed to the supreme court. The plaintiff having been assessed in 1904, for state and . county taxes, in the sum of $200,000 on personal property, filed a petition before the board of supervisors, in October,…
1Opinion of the CourtWhitfield, C. J.
The judgment of the board of supervisors expressly recites that the sum of $55,000 was the amount of the taxable portioxk of the capital stock, less the combined value of the real estate and the other personal property. In other words, the board added the value of the personal property h> the value of the real estate, and deducted both from the amount of the capital stock, and the difference was $55,000. This amount, of course, could have represented nothing else than the taxable portion of the capital stock, and not the personal property at all. It was made perfectly clear in the former…
2Cases cited1 opinion
- Panola County v. Carrier & SonMississippi Supreme Court · 1906
3Cited by2 opinions
- Calhoun Cty. Bd. of Sup'rs v. Grenada Bk.Mississippi Supreme Court · 1989
- Thompson v. CraigMississippi Supreme Court · 1944