Case Name: In re JOHNSTON-NEWTON CO.
Court: Michigan Supreme Court
Jurisdiction: Michigan
Decision Date: 1923-11-13
Citations: 226 Mich. 40
Docket Number: Calendar No. 31,097
Parties: In re JOHNSTON-NEWTON CO.
Judges: Moore, Steere, and Fellows, JJ„ concurred with McDonald, J.
Reporter: Michigan Reports
Volume: 226
Pages: 40–45

Head Matter:
In re JOHNSTON-NEWTON CO.
Corporations — Yearly Franchise Fee — Computation—Amended Act Controls.
On rehearing, the former opinion (225 Mich. 53), holding that the yearly corporate franchise fee to he paid in advance by all profit corporations should be computed from August 31st, under the act as amended (Act No. 233, Pub. Acts 1923), is affirmed. Clark, C. J., and Bird and Sharpe, JX, dissenting.
Certiorari to Corporation Tax Appeal Board.
Sub mitted October 23, 1923.
(Calendar No. 31,097.)
Decided November 13, 1923.
Reargued January 15, 1924. Former opinion (225 Mich. 53) affirmed February 1, 1924.
The Johnston-Newton Company tendered its annual corporation franchise fax to Charles J. DeLand, secretary of State, in accordance with Act No. 85, Pub. Acts 1921, as amended by Act No. 233, Pub. Acts 1923. Defendant refused to accept the tax under the amended act, and plaintiff appealed to the corporation tax appeal board. From an order denying the appeal, plaintiff brings certiorari.
Reversed.
Campbell, Bulkley & Ledyard (Beaumont, Smith & Harris and Butterfield, Keeney & Amberg, of counsel), for appellant.
Andrew B. Dougherty, Attorney General, and Donald W. Sessions, Assistant Attorney General, for appellee.

Opinion:
On Rehearing.
McDonald, J.
We have given careful consideration to the briefs and oral arguments of counsel on the questions involved in this rehearing and see no reason for changing our former opinion. We there held that the fees required to be paid by profit corporations for the privilege of transacting their business within this State are payable yearly in advance; that the yearly period begins on the 31st day of August and that the amended act applied to the tax for 1923. This, of course, means that all profit corporations must pay the tax for the year beginning August 31, 1923, at the rate fixed in the amendment.
Our former judgment is affirmed.
Moore, Steere, and Fellows, JJ" concurred with McDonald, J.