John Hancock Mut. Life Ins. Co. v. Haworth

BUDGE, Justice.

This is an appeal from a declaratory judgment. Respondent, Insurance Company, was plaintiff in the court below. The present state officers were substituted in place of those who had been such when the action was commenced. There is involved approximately $20,000 which is claimed by the State as unpaid income tax due from respondent to the State for the years 1943 and 1944.

Briefly stated, respondent is a foreign life insurance company authorized to do business in Idaho. Considerable real property was acquired by it, due to the foreclosure of mortgages securing loans made in…