Commonwealth v. Southern Pennsylvania Bus Co.

Opinion by

Mr. Justice Barnes,

The question upon this appeal is the validity of a settlement made by the Commonwealth against the defendant, a domestic corporation, for interest upon an underpayment of its capital stock tax for the year 1936.

The issue arises under two statutes enacted by the legislature in 1937. The first of these is the Act of February 2, 1937, P. L. 3, amending sections of the Fiscal Code of April 9, 1929, P. L. 343. The second is the Act of April 8, 1937, P. L. 239, amending the Capital Stock Tax Act of June 1, 1889, P. L. 420. Prior to these amendments of 1937 it was…