Legal Opinion
State v. Travelers Ins. Co.
Supreme Court of Alabama
Decided March 8, 1951No. 3 Div. 586PublishedCited by 8 opinions
1Opinion of the Court
SIMPSON, Justice.
The State has appealed from a decree overruling its demurrer to the bill of appellee filed in the circuit court, in equity, to challenge an assessment made by the Department of Revenue for its annual franchise tax.
The assessment was for the year 1949 and under the law the appellee was required to pay an annual franchise tax of $2.00 on “each one thousand dollars of the actual amount of capital employed in this state.” Code 1940, Title 51, § 348; Constitution 1901, § 232.
The constitutional provision relating to the subject is: “* * * The legislature shall, by general law,…
2Cases cited21 opinions
- Panama Refining Co. v. RyanSupreme Court of the United States · 1935
- Butler Bros. v. McColgan, Franchise Tax CommissionerSupreme Court of the United States · 1942
- St. Louis Southwestern Railway Co. v. ArkansasSupreme Court of the United States · 1914
- Postal Telegraph Cable Co. v. AdamsSupreme Court of the United States · 1895
- International Harvester Co. v. EvattSupreme Court of the United States · 1947
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3Cited by8 opinions
- Household Finance Corporation v. RobertsonSupreme Court of Missouri · 1963
- Alabama Textile Products Corp. v. StateSupreme Court of Alabama · 1955
- State v. Plantation Pipe Line CompanySupreme Court of Alabama · 1956
- State v. Robinson Land & Lumber Co. of Alabama, Inc.Supreme Court of Alabama · 1954
- State v. Aluminum Ore Co.Supreme Court of Alabama · 1955
3 more not listed; retrieve them via the Exa API.