Kansas City, Fort Scott & Memphis Railway Co. v. Sessions

Citations

• 95 Kan. 261
• 147 P. 791
• 1915 Kan. LEXIS 204

Syllabus

<p>SYLLABUS BY THE COURT.</p> <p>Domestic Corporation — Tax upon Right of Corporate Existence — Tax Based upon Capital Stock. A state may impose upon the franchise of corporate existence of a domestic corporation a tax measured by the amount of its capital stock, notwithstanding a large part of its business may consist of interstate commerce.</p>