The People v. Pioneer Tailoring Co.

This is a direct appeal from a judgment of the circuit court of Cook county, whereby the People recovered $1455.91 from the Pioneer Tailoring Company for unpaid personal property taxes based upon the assessment of its capital stock for the year 1937. The appellant is a mercantile corporation which was organized by and as a subsidiary to the Progress Tailoring Company which owns all of its capital stock. The assessment of the capital stock of the Pioneer Tailoring Company was made by the county assessor pursuant to the statute. Ill. Rev. Stat. 1937, chap. 120, pars. 339, 340.

It appears from…