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Dauphin County Reports (Volume 15)

Dauphin County Reports (Volume 15)


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Purchase of this book includes free trial access to www.million-books.com where you can read more than a million books for free. This is an OCR edition with typos. Excerpt from book: Commonwealth vs. The Philadelphia Mortgage and Trust Company. CONCLUSIONS OF LAW. We conclude 1. That the defendant company is not chargeable with a bonus of one-third of one per centum on its capital stock for the extension of its charter. 2. That the defendant company is not liable for the balance of bonus of $250 charged in this settlement. 3. Defendant company is entitled to judgment. Wherefore judgment is directed to be entered in favor of the defendant company and against the Commonwealth, unless exceptions be filed within the time limited by law. Commonwealth Of Pennsylvania vs. The Philadelphia Mortgage And Trust Company. Corporations?Tax on corporate indebtedness?Act of June 8, 1891. Bonds issued by a Pennsylvania trust company, and held in trust by it to pay the interest thereon to beneficiaries residing outside the state, are subject to the tax imposed by the Act of June 8, 1891, P. L. 229; and upon the payment of interest, without deducting the tax, the company becomes responsible for the tax, under the Act of June 30, 1885, P. L. 193- Appeal from settlement for tax on corporate loans. C. P. Dauphin County, Nos. 789, Commonwealth Docket 1909, 65 Commonwealth Docket 1910, and 99 Commonwealth Docket 1911. M. Hampton Todd, Attorney General, J. E. B. Cunningham, Deputy Attorney General, and W. M. Hargest, Assistant Deputy Attorney General, for Commonwealth. Olmsted and Stamm for defendant. Kunkel, P. J., April 17, 1912. These are appeals from the settlement of the accounting officers of the Commonwealth against the defendant for tax on loans for the years 1908, 1909 and 1910. By agreement of the parties they were consolidated and tried together as one case to No. 99 Commonwealth Docket, 1911, and without a jury, pursuant to the Act...


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Product Details
  • ISBN-13: 9781459043114
  • Publisher: General Books
  • Publisher Imprint: General Books
  • Height: 246 mm
  • No of Pages: 124
  • Spine Width: 7 mm
  • Width: 189 mm
  • ISBN-10: 1459043111
  • Publisher Date: 01 Feb 2012
  • Binding: Paperback
  • Language: English
  • Returnable: N
  • Weight: 236 gr


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