Commonwealth v. Kentucky Heating Co.

Response to Petition for Rehearing by

Judge Carroll.

*608On a reconsideration of this case, reported in 176 Ky. 35, the court has reached the conclusion that when a corporation fails to report any item or species of property of any kind or character owned by it that it is called on to report to the assessing board and the value thereof; the failure to report such item or species of property and the value thereof is an omission and not an undervaluation of its property by the corporation, and therefore tbe item or species of property, which the corporation failed or refused to report, may be…