American Mutoscope Co. v. State Board of Assessors

The opinion of the court was delivered by

Fort, J.

This writ brings up an assessment made against the prosecutor by the state board of assessors for the year 1898.' The capital stock of the prosecutor is $2,000,009, all of which is. issued and outstanding. The certificate of organization of the prosecutor was filed December 27th, 1895. The capital stock was all issued in January, 1896.

The whole capital stock of the prosecutor, except $2,500 issued for cash, was issued for property purchased. The property purchased consisted of certain letters-patent of the United States, for which the whole of…