Case Name: Trustees of Richmond v. Carlisle D. Walker
Court: Kentucky Court of Appeals
Jurisdiction: Kentucky
Decision Date: 1880-11-11
Citations: 10 Ky. Op. 861
Docket Number: 
Parties: Trustees of Richmond v. Carlisle D. Walker.
Judges: 
Reporter: Kentucky Opinions, containing the unreported opinions of the Court of Appeals
Volume: 10
Pages: 861–861

Head Matter:
Trustees of Richmond v. Carlisle D. Walker.
[Abstract Kentucky Law Reporter, Yol. 1 — 399.]
Taxation by Town.
Where a town charter authorizes the taxation of all personal property and choses in action, the term “cash capital” applies to money owing and on interest as well as to money in the hands of the person assessed.
APPEAL PROM MADISON CIRCUIT COURT.
T. J. Scott, for appellant.
Chenault & Bennett, for appellee.
November 11, 1880.

Opinion:
Opinion by
Judge Hines:
The conclusion of the court below that the town charter authorizes the taxation of all personal property and choses in action, and that the term "cash capital" applies to money owing and on interest as well as to money in the hands of the person assessed, we think is unquestionably correct, and under authority of Barret & Co. v. City of Henderson, 4 Bush 255, we are constrained to hold that the time of the assessment is determined by the general law.
Judgment affirmed.