LENOIR FINANCE COMPANY v. CURRIE

No. 449.

118 S.E.2d 543 (1961)

254 N.C. 129

LENOIR FINANCE COMPANY v. James S. CURRIE, Commissioner of Revenue, State of North Carolina.

Supreme Court of North Carolina.

March 1, 1961.


Attorney(s) appearing for the Case

Taylor, Allen and Warren Goldsboro, and Fairley, Hamrick & Jack T. Hamilton, Charlotte, for plaintiff-appellant.

T. W. Bruton, Atty. Gen. and Peyton B. Abbott and Thos. L. Young, Asst. Attys. Gen., for defendant-appellee.


RODMAN, Justice.

W. A. Johnson, successor in office to defendant Currie, was, on motion of the State, substituted as defendant.

The legislative power to tax is limited only by constitutional provisions. Sec. 3, Art. V of our Constitution imposes the duty to tax in a just and equitable manner. It further provides: "Taxes on property shall be uniform as to each class of property taxed." Specific authority is given to tax trades, professions, franchises, and...

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