Brown v. Jackson
Supreme Court of North Carolina
INJUNCTION, returnable before Stacy, J., at Spring Term, 1920, of New Hanover. An injunction was issued in this case restraining the defendant from collecting taxes assessed and levied upon certain shares of stock issued by the Atlantic Coast Line Railroad Company of Virginia, and belonging to the plaintiff and his associates.
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INJUNCTION, returnable before Stacy, J., at Spring Term, 1920, of New Hanover. An injunction was issued in this case restraining the defendant from collecting taxes assessed and levied upon certain shares of stock issued by the Atlantic Coast Line Railroad Company of Virginia, and belonging to the plaintiff and his associates. The injunction was returnable before Stacy, J., in the county of New Hanover, on 29 July, 1919. His Honor dissolved the injunction, and the plaintiffs appealed to the Supreme Court.
1Opinion of the CourtBrown, J.
This action is brought to enjoin the sheriff of New Hanover county from collecting taxes upon the shares of stock issued by a corporation called the Atlantic Coast Line Railroad Company of Virginia, owned by the plaintiffs, all of whom are residents and citizens of the State of North Carolina. It is contended that the plaintiffs are not required to list or pay the taxes upon said stock under the Machinery Act of 1917, ch. 23, latter part of sec. 4, which reads as follows :
“Individual stockholders in any corporation, joint-stock association, limited partnership or company paying a tax on its…
2Cases cited2 opinions
- Staton v. Atlantic Coast Line RailroadSupreme Court of North Carolina · 1907
- Atlantic Coast Line Railroad v. SpencerSupreme Court of North Carolina · 1914
3Cited by11 opinions
- Person v. . WattsSupreme Court of North Carolina · 1922
- Person v. Board of State Tax CommissionersSupreme Court of North Carolina · 1922
- Vanderbilt v. Atlantic Coast Line RailroadSupreme Court of North Carolina · 1924
- Commissioners v. . Tobacco Co.Supreme Court of North Carolina · 1895
- McGovern & Co. v. Atlantic Coast Line RailroadSupreme Court of North Carolina · 1920
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