Appeal of Land Title Bank & Trust Co.

Sl'oane, J.,.

The Land Title Bank & Trust Company appeals from the action of the Board of Revision of Taxes of Philadelphia County in refus*256ing to correct assessments of county personal property tax on certain mortgages. Land Title, as substituted trustee, filed 1942 personal property tax returns with the board, but claimed that these mortgages held by it should not be taxed in its hands. The board thought otherwise and imposed the tax for the full amount of the mortgages: Act of June 17, 1913, P. L. 507, as amended, 72 PS §4821.1 Land Title appealed from the assessments to the tax board, but…