Case Name: The Raymond Bag Co., Appellant, v. Bowers, Tax Commr., Appellee
Court: Supreme Court of Ohio
Jurisdiction: Ohio
Decision Date: 1955-04-27
Citations: 163 Ohio St. 275
Docket Number: No. 34242
Parties: The Raymond Bag Co., Appellant, v. Bowers, Tax Commr., Appellee.
Judges: Weygandt, C. J., Matthias, Hart, Zimmerman, Bell and Taft, JJ., concur.
Reporter: Ohio State Reports, New Service
Volume: 163
Pages: 275–278

Head Matter:
The Raymond Bag Co., Appellant, v. Bowers, Tax Commr., Appellee.
(No. 34242
Decided April 27, 1955.)
Messrs. Turner, Wells é Gourson and Mr. Paul H. Gransow, for'appellant.
Mr. C. William O’Neill, attorney general, and Mr. Jack H. Bertsch, for appellee.

Opinion:
Per Curiam.
Appellant contends that the Ohio franchise tax statutes, Section 5495 el seq., General Code (Section 5733.01 et seq., Revised Code), as construed and applied herein by the commissi oner, impose a direct tax upon United States securities and interest thereon contrary to Section 742, Title 31, U. S. Code, and Section 8, Article I of the United States Constitution.
The judgment of this court in the case of Fifth Third Union Trust Co. v. Peck, Tax Commr., 161 Ohio St., 169, 118 N. E. (2d), 398, is dispositive of the issues here presented. The decision of the Board of Tax Appeals is affirmed on authority of that case.
Decision affirmed.
Weygandt, C. J., Matthias, Hart, Zimmerman, Bell and Taft, JJ., concur.