Legal Opinion

People ex rel. Fourteenth Street Realty Co. v. Kelsey

Appellate Division of the Supreme Court of the State of New York

Decided January 8, 1906PublishedCited by 3 opinions

Certiorari issued .out of the Supreme Court and attested on the 9th day of August, 1905, directed to Otto Kelsey, as Comptroller of the State of Hew York, commanding him to certify and return to the office of the clerk of the county of Albany all and singular his proceedings had in refusing to resettle a franchise tax imposed upon the relator for the year ending October 31, 1904. „

1Opinion of the Court

Chase, J.:. The relator is a. domestic .corporation organized May 25,1903., It has" a capital stock of $500,000 and the duration "of its existence is fifty years. ’The certificate of incorporation states: “ The purposes for which it is to be formed are to acquire by purchase, exchange, *798lease or otherwise, to'- hold, improve, develop, Operate, sell, lease, mortgage or exchange real -estate, chattels real, mortgages and any. interest in real property, to erect,.alter, repair, manage and‘operate-any and all kinds of buildings, and to purchase, acquire, hol'd and dispose of the stocks,, bonds and…

2Cases cited2 opinions

  1. People Ex Rel. Wall & Hanover Street Realty Co. v. MillerNew York Court of Appeals · 1905
  2. People Ex Rel. Ft. George Realty Co. v. . MillerNew York Court of Appeals · 1904

3Cited by3 opinions

  1. People ex rel. Coney Island Jockey Club v. SohmerAppellate Division of the Supreme Court of the State of New York · 1913
  2. People ex rel. Tetragon Co. v. SohmerAppellate Division of the Supreme Court of the State of New York · 1914
  3. People ex rel. Fifth Avenue Building Co. v. GausAppellate Division of the Supreme Court of the State of New York · 1909

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