City of New York v. W. W. Hodkinson Corp.

This action was brought by the plaintiff to recover the sum of $2,320 with interest at the rate of seven per cent per annum from the 1st day of May, 1920, for taxes based upon an assessment for the year 1919 of $100,000 upon the personal property (capital and surplus) of the defendant, a resident of the city of New York.

While the books were open for correction between October 1, 1918, and November 30, 1918, the defendant filed an application for cancellation of the assessment on the ground that it was a manufacturing or mercantile corporation, and as such, subject to taxation by the State Tax…