Commonwealth v. Sunbury Converting Works

Opinion by

Mr. Justice Simpson,

Defendant appeals from a judgment of the court below determining the amount of its capital stock tax for 1922. The facts are undisputed and may be briefly stated as follows:

Defendant is a domestic corporation, chartered in 1896. In 1920 it purchased certain land in New Jersey, intending to construct thereon a plant ancillary to its manufacturing establishment in this State. Title was first taken in the name of defendant’s president; but, at its request, a deed was made to a New Jersey real estate company, organized for the purpose of taking title to the property,…