Koppers Coal Co. v. Alderson

Rose, Judge:

We have for determination in this case the problem whether the payments stipulated for in a “Deed of Lease” dated July 1, 1938, from The Koppers Coal Company to Imperial Colliery Company, covering four tracts aggregating four thousand acres of coal land in Kanawha and Fayette Counties, constitute income of such character, as to authorize a tax against the Koppers Company under Section 2i of Chapter 86, Acts of the Legislature 1935, under which it has been actually taxed by the authorities of the State since the date of this instrument. The ap-pellee, The Koppers Coal Company,…