Court Opinion

ID: 9811259
Source: CourtListenerOpinion
Date Created: 2023-08-31 22:14:37.025076+00
Date Added: 2024-06-11T15:11:02.250650
License: Public Domain

Devin, J.,
concurs in the result reached by the Court that school bonds of the city of Winston-Salem in the hands of an investor residing in Mecklenburg County may not he locally assessed for taxation, but regards the citation of Benson v. Johnston County, 209 N. C., 751, as unnecessary to this conclusion. In that case it was held that certain real property belonging to a municipal corporation was not exempt from taxation. Here, upon a different ground a different result is reached.
The writer, in his dissent in the Benson case, supra, expressed his view that the positive and unmistakable language of the Constitution, Art. V, see. 5, which declares that “property belonging to the State or to a municipal corporation shall be exempt from taxation,” may not be amended or qualified by judicial construction.