State v. GREAT VALLEY LAND AND INVESTMENT CO.

BRADLEY, Judge.

Pursuant to Title 51, Section 25, Code of Alabama 1940, as Recompiled 1958, the State Revenue Department entered final assessments for corporate stock taxes against the Great Valley Land and Investment Company for the years 1968, 1969, 1970 and 1972. The four assessments were appealed to the Circuit Court of Jefferson County, Bessemer Division, where they were tried as one case. The court, sitting without a jury, heard the evidence ore ten-us and rendered a judgment in favor of Great Valley Land and Investment Company. In its written opinion the trial court held in part as…