People ex rel. Commercial Cable Co. v. Morgan
Appellate Division of the Supreme Court of the State of New York
Certiorari issued' out of- the Supreme Court-and attested on the 30th day of June, 1899, directed to William J. Morgan, as Comptroller of the State of New York, commanding him to certify and return to the office of the clerk of the county of Albany all and isingular his proceedings had in assessing a tax against the relator, a domestic corporation, for the year ending October 31, 1897.
1Opinion of the Court
Smith, J. :
The relator having paid a dividend of eight per cent in the year 1897 was required by the statute to pay a tax of two-tenths per cent upon the par value of its capital stock employed within this State and upon each dollar of such amount. Its business, as appears by the report made to the Comptroller, is “ submarine cables, including repair steamers and stations in Nova Scotia and Europe.” Its capital stock was of the par value of $10,000,000. There was concededly employed of its capital without the State $13,162,068.33. Certain assets to the amount of $1,772,161.71 are confessedly…
2Cases cited3 opinions
- People Ex Rel. Singer Manufacturing Co. v. WempleNew York Court of Appeals · 1896
- People Ex Rel. Seth Thomas Clock Co. v. WempleNew York Court of Appeals · 1892
- People ex rel. Union Ferry Co. v. RobertsAppellate Division of the Supreme Court of the State of New York · 1901
3Cited by2 opinions
- People ex rel. Consolidated Ginseng Co. of America v. KelseyAppellate Division of the Supreme Court of the State of New York · 1905
- People ex rel. Consolidated Ginseng Co. of America v. KelseyAppellate Division of the Supreme Court of the State of New York · 1905