Foster-Cherry Commission Co. v. Caskey

Citations

• 66 Kan. 600
• 72 P. 268
• 1903 Kan. LEXIS 103

Syllabus

<p>SYLLABUS BY THE COURT.</p> <p>Taxation — Capital Stock of Corporations. The capital stock of a corporation is subject to taxation only in the state of its domicile. It .cannot be taxed in another state, notwithstanding its principal business is conducted in such other state. Only its tangible property situated in the state where such business is conducted is subject to taxation therein.</p>