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CITY OF McCAYSVILLE v. TRI-STATE ELECTRIC COOP.

18641.

211 Ga. 5 (1954)

83 S.E.2d 598

CITY OF McCAYSVILLE v. TRI-STATE ELECTRIC COOPERATIVE.

Supreme Court of Georgia.

Decided September 13, 1954.

Attorney(s) appearing for the Case

A. J. Martin, A. J. Henderson, for plaintiff in error.

Butt & Spence, William Butt, Herman J. Spence, contra.

CANDLER, Justice.

1. By article 7, section 1, paragraph 4 of the Constitution of 1945, all cooperative, non-profit, membership corporations organized under the laws of this State for the purpose of engaging in rural electrification, and the real and personal property owned or held by these membership corporations for such purpose, are, until January 1, 1961, exempted from all taxation, State, county, municipal, school district...

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