NORTH AMERICAN COMPANY v. GREEN


120 So.2d 603 (1959)

NORTH AMERICAN COMPANY, a Florida Corporation, Appellant, v. Ray E. GREEN, Comptroller of the State of Florida, Appellee.

Supreme Court of Florida.

On Rehearing May 11, 1960.


Attorney(s) appearing for the Case

Saunders, Curtis, Ginestra & Gore and George H. Gore, Fort Lauderdale, for appellant.

Richard W. Ervin, Atty. Gen., Fred M. Burns and Robert J. Kelly, Asst. Attys. Gen., for appellee.


THORNAL, Justice.

Appellant North American Company which was plaintiff below seeks reversal of a declaratory decree finding it liable for the payment of certain documentary stamp taxes.

Several questions, including the constitutionality of Section 201.05, Florida Statutes, F.S.A., are presented for consideration. The determining point, however, is whether the hereinafter described corporate stock transaction constituted a transfer of a right to receive stock...

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