Lycoming County v. Gamble
Supreme Court of Pennsylvania
Error to the Common Pleas of Lycoming county. This was an amicable action, in which the county of Lycoming was plaintiff and John A. Gamble was defendant, and in which the following case was stated for the opinion of the court:— The assessor of the borough of Jersey Shore, under special instructions and directions from the commissioners of Lycoming county, returned for taxation for county rates and levies the following stocks as the property of the defendant, at the…
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Error to the Common Pleas of Lycoming county. This was an amicable action, in which the county of Lycoming was plaintiff and John A. Gamble was defendant, and in which the following case was stated for the opinion of the court:— The assessor of the borough of Jersey Shore, under special instructions and directions from the commissioners of Lycoming county, returned for taxation for county rates and levies the following stocks as the property of the defendant, at the valuation specified in the assessment — a copy of which is hereto annexed and made part of this case, viz.:— Assessment for the…
1Opinion of the Court
The opinion of the court was delivered, by
Thompson, J.
It seems to me there was a misconception by the learned judge helow, as to the meaning of certain terms used in the Act of 29th of April 1844, which resulted in a failure to take the distinction between capital stock of a corporation designed to be taxed for state purposes, and shares of stock in ‘‘banks, institutions, and corporations,” for state and county purposes. Shares of stock, and capital stock, of a corporation are distinct and different things obviously, and we think the distinction is plain in the act.
The 32d section contains an…
2Cited by2 opinions
- Commonwealth v. Fall Brook Coal Co.Supreme Court of Pennsylvania · 1893
- Commonwealth v. Girard Trust Co., Pennsylvania Court of Common Pleas, Dauphin County1923