The State Tax Collector, acting for the use and benefit of the City of Jackson, filed suit to recover from Dixie Brokerage & Guaranty Company unpaid privilege taxes and damages, alleged to be due, on account of its business of lending money at a greater rate of interest than 15% per annum. The cause was tried before the circuit judge, without the intervention of a jury, upon an agreed statement of facts and documentary proof. From a judgment...
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