Commonwealth v. Motors Mortgage Corp.

Opinion by

Mr. Justice Schaffer,

Defendant, a Delaware corporation registered to do business in this State, appeals from a tax settlement made against it for capital stock taxes for the year 1923 under the provisions of the Act of July 15, 1919, P. L. 948.

Substantially as stated by the learned president judge of the Dauphin County Common Pleas, before whom the case was tried without a jury on an agreed upon statement, the facts are essentially as follows: Defendant, which was chartered, among other things, to buy, sell and deal in automobiles and investment securities, and to give financial…