Merchants' Insurance v. City of Newark
Supreme Court of New Jersey
On certiorari. The above entitled writ of certiorari has brought up an* assessment of taxes by the tax officers of the city of Newark against the Merchants’ Insurance Company. Three other writs have brought up like assessments against the American Insurance Company, the Firemen’s Insurance Company and the Newark Fire Insurance Company.
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On certiorari. The above entitled writ of certiorari has brought up an* assessment of taxes by the tax officers of the city of Newark against the Merchants’ Insurance Company. Three other writs have brought up like assessments against the American Insurance Company, the Firemen’s Insurance Company and the Newark Fire Insurance Company. As the same questions were presented in. all the cases, they were argued together upon facts agreed upon by the attorneys-of the respective prosecutors and of the city. Argued at June Term, 1891, before Justices Scudded and* Magie.
1Opinion of the Court
The opinion of the court was delivered by
Magie, J.
The regularity of the respective assessments- , before us is questioned by some of the reasons filed, but on the-argument those reasons were abandoned and counsel confined themselves to the question. of the validity of the taxes complained of.
*140All the prosecutors are corporations of this state, having a capital stock and engaged in the business of insuring property against fire.
Counsel for the city concedes that prosecutors are to be taxed by the rule contained in the Tax act of April 11th, 1866; i. e., upon the amount of their capital stock…
2Cases cited1 opinion
- Sisters of Charity of St. Elizabeth v. Collector of the Township of ChathamSupreme Court of New Jersey · 1888
3Cited by4 opinions
- Mayor of Jersey City v. North Jersey Street Railway Co.Supreme Court of New Jersey · 1909
- Kase v. BennettNew Jersey Court of Chancery · 1895
- Rosell v. BuckSupreme Court of New Jersey · 1898
- State v. City of New BrunswickSupreme Court of New Jersey · 1892