Crenshaw Oil Co. v. Johnson

Citations

• 94 Miss. 773
• 48 So. 5

Syllabus

<p>Privilege Taxes. Oil mills. Basis of taxation. Capital. Code 1906, § 3801.</p> <p>The “capital” on which privilege taxes on cotton seed oil mills are based, under Code 1906, § 3801, imposing such taxes, is the property invested and used in the business, not necessarily the corporate stock.</p>