Cerbat Mining Co. v. State
New York Supreme Court
Appeal from the decision of the State board of audit, dismissing the claim of the Cerbat Mining Company for excessive taxes alleged to have been paid-by-it in 1881jand by two other.companies, whose claims had been assigned to it.
1Opinion of the Court
Hardin, J.:
Under chapter 542 of the Laws of 1880, the assessments complained of were made.
Section 1 of that act declares, “ It shall be the duty of the presi dent or treasurer^ of every association, corporation or joint-stock company liable to be taxed on its capital stock, as provided in section 3 of this act, to make report in writing to the comptroller annually, * * * and to estimate and appraise the capital stock of such company * * * at its actual value in cash, * * * and when the same shall have been so truly estimated and appraised, they shall forthwith forward to the comptroller a…
2Cases cited3 opinions
- Lamborn v. County CommissionersSupreme Court of the United States · 1878
- Peyser v. Mayor of New YorkNew York Court of Appeals · 1877
- Bailey v. . BuellNew York Court of Appeals · 1872