ED. McROSKEY ETC. CO. v. FRANCHISE TAX BD.

Docket No. 7783.

97 Cal.App.2d 478 (1950)

218 P.2d 64

EDWARD McROSKEY MATTRESS COMPANY (a Corporation), Respondent, v. FRANCHISE TAX BOARD, Appellant.

Court of Appeals of California, Third District.

May 12, 1950.


Attorney(s) appearing for the Case

Fred N. Howser, Attorney General, and James E. Sabine and Irving H. Perluss, Deputy Attorneys General, for Appellant.

Winston A. Langlois for Respondent.


VAN DYKE, J.

Respondent corporation was, during the period with which we are here concerned, a domestic corporation doing business within the state. As such it was subject to franchise taxes imposed by the Bank and Corporation Franchise Tax Act [Deering's Gen. Laws, Act 8488]. For the taxable year ending December 31, 1941, it reported to the Franchise Tax Commissioner its net income and paid a tax thereon. On August...

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