United North & South Development Co. v. Heath

BAUGH, Justice.

Appellant, a foreign corporation, sought a permanent injunction against the secretary of state and the Attorney General to restrain a threatened cancellation of its permit to do business in Texas and the collection by the state as a franchise tax an amount in excess of what appellant contends is due by it under the franchise tax law. Though the relief sought was refused, the court continued in force, pending the disposition of this appeal, the temporary injunction theretofore granted.

The case was tried to the eburt upon an agreed statement of facts, and those material to the…