Lichty v. Board of Review

This is a suit in equity involving exemption from taxation of certain shares of the capital stock of Central Fibre Products Co., Inc., a foreign corporation, held by individual stockholders, residents of Iowa. The corporation- owned and operated a total of five strawboard mills in Kansas, Illinois, Indiana, and at Tama, Iowa, and manufactured strawboard, egg case fillers and flats. In addition thereto, its branches, at Tama and Waterloo, Iowa, engaged in the business of buying and reselling merchandise not of its own manufacture, consisting of wood egg cases, poultry shipping boxes, and other…