Lacoe v. County of San Diego

This is an action to secure a refund of taxes alleged to have been illegally collected. The plaintiff owned stock in certain corporations, the assets of which were located wholly or in part outside of California. For the years 1933-1934, 1934-1935, 1935-1936 these stock certificates were assessed in so far as their value represented property outside of this state. In due course, this action was brought resulting in a judgment in favor of the county, from which the plaintiff has appealed.

Appellant’s first contention is that section 3608 of the Political Code, properly interpreted, invalidates…