Deering Milliken, Inc. v. South Carolina Tax Commission

257 S.C. 185 (1971)

184 S.E.2d 711

DEERING MILLIKEN, INC., Respondent,

v.

SOUTH CAROLINA TAX COMMISSION, Appellant.

19317

Supreme Court of South Carolina.

November 10, 1971.

Messrs. Daniel R. McLeod, Atty. Gen., Joe L. Allen, Jr. and G. Lewis Argoe, Jr., Asst. Attys. Gen., of Columbia, for Appellant.

Messrs. Carlisle Roberts, and W. Croft Jennings, Jr., of Roberts, Jennings & Thomas, Columbia, for Respondent.

November 10, 1971.

BRAILSFORD, Justice:

The sole issue on this appeal is whether the total of dollars "paid to the capital stock" of Deering Milliken, Inc., which, under Section 65-606, Code of…