Coal Ridge I. & C. Co. v. Jennings

Citations

• 127 Pa. 397
• 17 A. 986
• 1889 Pa. LEXIS 1128

Syllabus

<p>1. The provisions of § 4, act of June 30, 1885, P. L. 193, requiring the treasurers of corporations to assess a three mills tax upon the nominal value of corporate loans, to deduct the same from the interest paid thereon, and to return it into the state treasury, are not in violation of § 1, article IX. of the constitution of Pennsylvania, providing that all taxes shall be uniform upon the same class of subjects.</p> <p>2. Nor is the said act of Juno 30, 1885, or said § 4, in violation of article V. or article XIV. of the amendments to the constitution of the United States, or to § 9 of article I. of the constitution of Pennsylvania, providing that no person shall be deprived of life, liberty or property without due process of law.</p>