Coal Run Coal Co. v. Finlen

Citations

• 124 Ill. 666
• 17 N.E. 11

Syllabus

<p>1. Taxation—classifying corporations, and applying different methods /or ascertaining values—whether violative of the mile of uniformity—the constitution construed. Section 1 of article 9, of the constitution of 1870, providing that “the General Assembly shall have power to tax peddlers, * * * an0 persons or corporations owning or using franchises and privileges, in such manner as it shall, from time to time, direct by general law, uniform as to the class upon which it operates,” does not prohibit the legislature from providing one method for determining the value of the capital stock, including the franchise, of a railway company, another method for a mining corporation, and still another for manufacturing corporations.</p> <p>2. The constitution does not prohibit the legislature from pla'cing certain specified corporations in one class, and providing a uniform method of assessment for that class, and placing certain other specified corporations in another class, and providing a uniform manner of assessment for that class, different from that in the other class. The rule of uniformity applies to the class, and not as to all corporations alike.</p> <p>3. Same—the statute on that subject—its constitutionality. Division 4 of section 3, of the Revenue law, providing for taxation of the capital stock of corporations, except that of banks organized under the laws of the State, and directing that companies and associations organized for purely manufacturing purposes, or for printing, or publishing of newspapers, or for the improving and breeding of stock, shall be assessed by the local assessor, in like manner as the property of individuals is required to be assessed, instead of being assessed by the State Board of Equalization, as other corporations, is not unconstitutional, or violative of the rule of uniformity required in taxation.</p> <p>4. Same—State Board of Equalisation—partial assessments—whether controlled by the cowrts. The fact that the capital stock of som