COLONIAL LIFE & ACC. INS. CO. v. S.C. TAX COMM.

17428

233 S.C. 129 (1958)

103 S.E.2d 908

COLONIAL LIFE & ACCIDENT INSURANCE CO., Respondent, v. SOUTH CAROLINA TAX COMMISSION, Appellant.

Supreme Court of South Carolina.

Amended June 15, 1958.


Attorney(s) appearing for the Case

Messrs. T.C. Callison, Attorney General, and James M. Windham, Assistant Attorney General, of Columbia, for Appellant.

Messrs. S. Augustus Black and McKay, McKay, Black & Walker, of Columbia, and Boyd, Bruton & Lumpkin, of Columbia, of Counsel, for Respondent.

Messrs. Robinson, McFadden & Dreher, of Columbia, for Liberty Life Insurance Company, as Amicus Curiae.


May 20, 1958.

As Amended June 15, 1958.

LEGGE, Justice.

Appellant assessed against respondent, a domestic corporation engaged in the business of life and accident insurance, additional license taxes for the years 1950-1953, inclusive, in respect of dividends on shares and interest on deposits owned by it in building and loan associations located in South Carolina, Alabama, Georgia, North Carolina and Tennessee...

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