Ewald Iron Co. v. Commonwealth
This text of 134 S.W. 481 (Ewald Iron Co. v. Commonwealth) is published on Counsel Stack Legal Research, covering Court of Appeals of Kentucky primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Opinion
Extended opinion of the Court by
[466]*466_ In fixing two years as a reasonable time for a corporation to close up its business, the court followed the statute regulating the settlement of the estates of deceased persons. (Ky. St., sections 3858-59.) The corporation expired for business purposes on November 5, 1905. The property held in its name should be taxed in its name and as its property until November 5, 1907; after that time it should be taxed in the name of L. P. Ewald, and as his property. It is important in these tax matters that a definite rule be laid down that the parties may conform to it and avoid litigation cost and penalties.
The former opinion, 140 Ky., 692, is extended as above indicated.
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Cite This Page — Counsel Stack
134 S.W. 481, 142 Ky. 465, 1911 Ky. LEXIS 215, Counsel Stack Legal Research, https://law.counselstack.com/opinion/ewald-iron-co-v-commonwealth-kyctapp-1911.