Commonwealth v. Real Estate Trust Co.

Citations

• 211 Pa. 51
• 60 A. 551
• 1905 Pa. LEXIS 406

Syllabus

<p>Taxation—License tax—Real estate brokers—Trust company—Acts of May 27, 1841, P. L. 396, April 10, 1849, P. L. 570; May 15, 1850, P. L. 772, and May 2, 1899, P. L. 184.</p> <p>A trust company incorporated under the Act of April 29, 1874, P. L. 73, and the supplements thereto, including the Act of May 9, 1889, P. L. 159, and authorized, among other things, to transact the business of buying and selling real estate, is not liable to pay to the state a license tax as a real estate broker under the Acts of May 27, 1841, P. L. 396, April 10, 1849, P. L. 570, May 15, 1850, P. L. 772, and May 2, 1899, P. L. 184.</p> <p>The words “any individual or copartnership” as used in the Act of May 27,1841, P. L. 396, do not include corporations. The Acts of April 10, 1849, P. L. 570, and May 15, 1850, P. L. 772, did not extend the provisions of the Act of May 27, 1841, to corporations.</p>