R. C. Jones Cotton Co. v. State

I dissent to the decision and opinion of the majority.

There was no coiupliance or attempted compliance with the provision of the taxing stature on the part of the R. C. Jones Cotton Company. The lower court found that the Cotton Company at no time from the year 1911 to 1924, inclusive, made a return of its corporate property as provided by law. There is an abundance of evidence to support the findings. The lower court found that an unascertainable amount of the corporation’s capital was invested in raw material (personal property). There was no effort below to tax personal property eo nomine,…