Commonwealth v. Manor Gas Coal Co.

Citations

• 188 Pa. 195
• 41 A. 605
• 1898 Pa. LEXIS 589

Syllabus

<p>Taxation — Corporations—Capital stock.</p> <p>In determining the actual value of the capital stock of a corporation for purposes of state taxation, it is error to exclude every other consideration except the assessed valuation of the company’s real and personal property for local taxation. Such assessed valuation should bo given consideration, but only in connection with other relevant facts.</p>