Peninsula Light Co. v. State Tax Commission

Appellant instituted this suit against the state tax commissioners to permanently enjoin and restrain them from enforcing or attempting to enforce the provisions of chapter 191, Laws of 1933, p. 869, as amended by chapters 10 and 57, Laws Ex. Ses. 1933, pp. 22, 157 [Rem. 1934 Sup., § 8326-1 et seq.].

Appellant alleged that it is a domestic corporation formed in 1925 under a certain act of 1907, with powers as set out in its articles of incorporation and by-laws attached to the complaint.

It is further averred that it has no capital stock and that no member can acquire any interest that will…