State v. Realty Loan Co.

The board of tax adjusters' of Jefferson county assessed as an escape certain personal property of the Realty Loan Company, a corporation, on January 3, 1921, for the years 1916, 1917, 1918, 1919, and 1920. It reached the circuit court of the county by appeal from orders assessing and valuing the property as an escape and subjecting it to taxation for those five years.

The state filed in the circuit court one count in the. complaint. It claimed the defendant, the Realty Loán Company, owned during each of those five years personal prop-erty consisting of capital stock of the Realty Trust…