McNEIL TAX ASSESSMENT CASE


213 Pa.Super. 356 (1968)

McNeil Tax Assessment Case.

Superior Court of Pennsylvania.

November 14, 1968.


Attorney(s) appearing for the Case

Roger B. Reynolds, Solicitor, Montgomery County, with him Anthony J. Giangiulio, Solicitor, Board of Assessment and Revision of Taxes, for appellant.

Edward Fackenthal, with him William L. O'Hey, Jr., and Henderson, Wetherill & O'Hey, for appellees.

Before WRIGHT, P.J., WATKINS, MONTGOMERY, JACOBS, HOFFMAN, SPAULDING, and HANNUM, JJ.


OPINION BY HOFFMAN, J., November 14, 1968:

The question involved in this case is the calculation of the aggregate actual value of Johnson & Johnson, Inc. (Johnson) common stock owned by appellees, Robert L. McNeil, Jr. and Henry S. McNeil as of December 31, 1964, for the purpose of the Montgomery County Personal Property Tax.

The Act of June 17, 1913, P.L. 507, Section 1, as amended, 72 P.S. 4821,...

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