Metropolitan Life Insurance v. State

Appellant recovered a judgment against the State of Indiana for $11,300.31, being the *658amount which, under protest, it had been compelled by the Auditor of State to pay into the state treasury as taxes on the amount of “dividends” and “bonuses” with which it had credited its policy holders during certain years by way of a reduction of the premiums on their policies. But the trial court refused to allow interest on such taxes from the dates when the several installments were paid to the date of rendering judgment, which, at six per cent., would have amounted to $2,540.49. By exceptions to the…