Sinclair Pipe Line Co. v. Carpentier

This appeal, taken from a decree of the circuit court of Sangamon County, involves the revenue and questions both the construction and constitutionality of certain provisions of the Business Corporation Act which served as the basis for an annual franchise tax and increased license fee assessed in 1955 by the State of Illinois against appellant, the Sinclair Pipe Line Company, a foreign corporation engaged exclusively in interstate commerce activities within the State.

The facts are either stipulated or admitted by the pleadings and disclose that appellant is a Delaware corporation whose…