People ex rel. Automatic Vending Co. v. Kelsey

Houghton, J.:

The relator is a foreign corporation and' manufactures and leases weighing scales and automatic vending or “slot” machines, and sells supplies therefor. The several parts of the machines are manufactured by' anothér corporation in New Jersey and they are shipped to the relator at New York where they are assembled by it and the complete machines distributed throughout various States."

The capital stock is $1,000,000, upon which a six per cent dividend *326was paid for the year in question. Of the stock $784,637.86 was issued, at . par, in payment for various patents relating to the…