Adams v. Winona Cotton Mills

Citations

• 92 Miss. 743
• 46 So. 401

Syllabus

<p>1. Taxation. Exemption. Laws 1900, ch. 48, p. 50. Factories. Construction.</p> <p>Laws 1900, ch. 48, p. 50, approved March 6, 1900, providing for the exemption from taxation of a class of factories then in course of establishment or to be thereafter established, applied, without being given a retroactive effect, to a factory of the class then being constructed and which began operations after the statute became operative, although the company constructing and operating it was chartered before that time.</p> <p>2. Same. Constitutional law. Constitution 1890, sec. 182.</p> <p>Said statute is constitutional; it is not violative of Constitution 1890, sec. 182, authorizing the legislature to grant five years exemption from taxation, after date of charters if corporate, to certain classes of manufactories.</p>