Calumet & Chicago Canal & Dock Co. v. O'Connell

The State Board of Equalization assessed the fair cash value of the capital stock of the appellant, the Calumet and Chicago Canal and Dock Company, over and above the assessed, value of its tangible property, for the year 1908 at $100,000, for 1909 at $105,000, for each of the years 1910, 1911 and 1912 at. $150,000, and for 1913 at $45,000. Each year the appellant filed a bill to enjoin the collection of taxes on the assessment, and the bill in this case was filed in the superior court of Cook county to enjoin all the taxes, pursuant to an agreement for the dismissal of the former suits and…