Celina Mutual Ins. v. Bowers

In support of their position and the favorable judgments of the Court of Appeals, appellees rely on Section 5725.25, Eevised Code, first effective in 1931 and which has remained in substantially the same form ever since. That section, as applicable and pertinent, reads:

‘ ‘ The real estate of a domestic insurance company shall be taxed in the place where it is located, the same as the real estate of other persons is taxed, but the tax provided for by Sections 5725.01 to 5725.26, inclusive, of the Eevised Code, shall be in lieu of all other taxes on the other property and assets of such…