City of Newport v. South Covington & Cincinnati Street Railway Co.

Opinion of the Court by

Judge Settle

Affirming.

The State Board of Valuation and Assessment, looking to its taxation for the year 1911, fixed the value of the appellee, South Covington & Cincinnati Street Railway Company’s franchise in the appellant, City of Newport, at $122,344. This valuation was certified hy the Auditor of the State to the clerk of the Campbell County Court, and by the clerk to the appellant, city; whereupon, the latter made out the city’s bill for the franchise tax, upon a levy of $1.40 per hundred dollars, amounting to $1,712.82, the payment of which was demanded of…