Lamar v. Palmer

Citations

• 18 Fla. 147

Syllabus

<p>1. The owner of promissory notes or other credits, whether secured by mortgage or not so secured, is liable to be taxed upon the value of such credits.</p> <p>2. A tax upon notes or obligations secured by mortgage upon land, the land mortgaged also being taxed, does not present a case of double or unequal taxation.</p> <p>3. “Debts due from solvent debtors,” taxable by the terms of the statute, refers not to the general solvency of the debtor, but to the amount of the debt which maybe realized or collected; i. «./the value of the debts. ~</p>