Batterson v. Town of Hartford
Supreme Court of Connecticut
Appeal from the doings of the board of relief of the town of Hartford in a matter of taxation; taken to the Superior Court in Hartford county. The facts were found and the casé reserved for advice. The case is sufficiently stated in the opinion.
1Opinion of the CourtPardee, J.
On October 1st, 1881, the chartered capital of the Travelers Insurance Company of Hartford stood at •$600,000, divided into six thousand shares. Not now regarding this capital as a liability, it had a surplus of assets beyond debts amounting to $l,435,957-j^2g, a portion of which was then invested in real estate in other states than this, on which it had paid taxes assessed during the previous year. Another portion was invested in real estate in this state. Neither the money paid in as capital nor the income therefrom can now be distinguished from the accumulated profits of the business, and…
2Cited by9 opinions
- State v. Travelers InsuranceSupreme Court of Connecticut · 1900
- State v. Travelers InsuranceSupreme Court of Connecticut · 1898
- Barrett Appeal From Board of ReliefSupreme Court of Connecticut · 1900
- State v. LovejoySupreme Court of Alabama · 1914
- Barrett Appeal From Board of ReliefSupreme Court of Connecticut · 1902
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