City of Louisville v. New York Baking Co.

Opinion of the Court by

Chief Justice Hobson

Reversing.

*759The City of Louisville instituted this action against the New York Baking Company to recover taxes on its property for the year 1911. The Baking Company pleaded that it was a new manufacturing concern and exempt from taxation for five years after its location and commencement of business in the city. (Section 170 of the Constitution provides:

“The general assembly may authorize any incorporated city or town to exempt manufacturing' establishments from municipal taxation for a period of not exceeding five years, as an inducement to their…