LAURENS FED. SAV. & LOAN ASS'N v. S.C. TAX COMM.

17609

236 S.C. 2 (1960)

112 S.E.2d 716

LAURENS FEDERAL SAVINGS & LOAN ASSOCIATION, Appellant, v. SOUTH CAROLINA TAX COMMISSION and Otis W. Livingston, Chairman, James W. Crain, James H. Sullivan, J.A. Calhoun, Jr., Francis M. Pinckney, constituting the Members of the S.C. Tax Commission, Respondents.

Supreme Court of South Carolina.

February 5, 1960.


Attorney(s) appearing for the Case

Messrs. W. Hummel Harley, of Laurens, and Thomas H. Pope, Robert D. Schumpert and Rembert D. Parler, of Newberry, for Appellant.

Messrs. Daniel R. McLeod, Attorney General, and James M. Windham, Assistant Attorney General, of Columbia, for Respondents.


February 5, 1960.

MOSS, Justice.

This action was brought under the provisions of Sections 65-2661, 65-2662 of the 1952 Code of Laws of South Carolina by the appellant, Laurens Federal Savings and Loan Association, against the South Carolina Tax Commission, to recover documentary stamp taxes in the amount of $2,270.00, which appellant paid under protest. The assessment for documentary stamps against the appellant was on ten promissory notes executed by it to...

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