City of Montgomery v. Montgomery City Lines, Inc.

On Rehearing.

FOSTER, Justice.

The question briefly stated on this ap,peal is whether the contract made by the appellee, a public utility, and the City of Montgomery on September 23, 1941, imposing on the utility an annual license or privilege tax in a sum equal to one percent of the gross revenue derived by it from the operations of the preceding year within the city and within the police jurisdiction of the city is valid and binding on the city for the balance of the period of a franchise granted to it by the' city extending from December 5, 1935 for twenty years. There was adequate…