QUOTRON SYS. v. GALLMAN


39 N.Y.2d 428 (1976)

Quotron Systems, Inc., Appellant, v. Norman Gallman et al, Constituting the State Tax Commission of New York, Respondents.

Court of Appeals of the State of New York.

Decided May 4, 1976.


Attorney(s) appearing for the Case

Thomas B. Gilchrist, Jr., Frank A. Fritz and Alan M. Epstein for appellant.

Louis J. Lefkowitz, Attorney-General (Philip Weinberg and Samuel A. Hirshowitz of counsel), for respondents.

Chief Judge BREITEL and Judges GABRIELLI, JONES, WACHTLER, FUCHSBERG and COOKE concur.


JASEN, J.

In this action Quotron Systems, Inc., seeks a declaration that it is not subject to the tax imposed under section 186-a of the Tax Law upon businesses furnishing utility services.

Quotron is in the business of designing, manufacturing, installing and maintaining electronic equipment for the instantaneous transmission of stock market information to its customers, most of whom are brokerage houses...

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