City of Portland v. Union Mutual Life Insurance
Supreme Judicial Court of Maine
On report. This was an action to recover a tax assessed by the city of Portland upon personal property of the defendant for each of the years 1882 and 1883 and was submitted to the law court upon an agreed statement of facts.
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On report. This was an action to recover a tax assessed by the city of Portland upon personal property of the defendant for each of the years 1882 and 1883 and was submitted to the law court upon an agreed statement of facts. The material facts are stated in the opinion. cited: Davis v. Macy, 124 Mass. 195. The class of cases to which the seventh clause R. S., c. 6, § 14, applies may be seen by examination of Hathaway v. Fish, 13 Allen, 267; Freetown v. Fish, 123 Mass. 355; Davis v. Macy, supra. cited: Augusta Banlc v. Augusta, 36 Maine, 255; Baldwin v. Trustees, &c. 37 Maine, 372; Redf.…
1Opinion of the CourtLibbey, J.
The only question in this case that need be decided is, whether the defendant corporation, a mutual life insurance company, was legally taxable for its personal property, in Portland, in 1882 and 1883. It owned stocks in national banks, in this state of an assessable value sufficient to produce the tax assessed against it and claimed in this action, besides a large amount of other personal property, in which its funds and annual, earnings had been invested. It is a corporation organized under the law of this state and had its principal place of business in Portland, so that it was taxable…
2Cases cited1 opinion
- Davis v. MacyMassachusetts Supreme Judicial Court · 1878
3Cited by1 opinion
- Inhabitants of Farmington v. Hardy's Trailer Sales, Inc.Supreme Judicial Court of Maine · 1980