Commonwealth v. Southeastern Iron Corp.

The Commonwealth and the county of Rockbridge are here seeking the reversal of an order entered upon the petition of the Southeastern Iron Corporation, relieving it from certain assessments for taxation upon its capital which it is alleged was illegally omitted for the years 1919 and 1920.

The essential facts may be thus stated: Southeastern Iron Corporation, hereinafter called Southeastern, was incorporated under the laws of Virginia *110May 21, 1917, with its principal office in the city of •Richmond. It maintained an office in the city of •Chicago, Ill., and was authorized to do business there.…