Button v. Drake

Opinion op the Court by

Van Sant, Commissioner

—Affirming. .

Again we are called upon to determine the comprehensiveness of the words,- “all property”, as used in Section 172 of the Constitution, which reads: “All property, not exempted from taxation by this Constitution, shall be assessed for taxation at its fair cash value, estimated at the price it would bring at a fair voluntary sale; * *

Appellee, Maidee L. Drake, is the beneficiary named in a policy of insurance issued by the New England Mutual Life Insurance Company, of Boston, Massachusetts, on the life of her deceased husband, under…