New England Mut. Life Ins. v. Board of Assessors

Citations

• 121 La. 1068
• 47 So. 27
• 1908 La. LEXIS 794

Syllabus

<p>1. Taxation — Property Subject — Foreign • Corporations.</p> <p>Moneys realized in the course of a business carried on in this state by a foreign corporation through a local agent, and deposited daily in one of the banks of this state for transmission, are taxable in this state. The average daily balance is situated here and is taxable.</p> <p>2. Same — Assessment—Demand eor Reduction.</p> <p>An alternative demand for reduction of assessment may be cumulated with a demand for cancellation.</p> <p>3. Same.</p> <p>Plaintiff cannot ask for a greater reduction than that prayed for in the petition.</p> <p>(Syllabus by the Court.)</p>