City of New Orleans v. State Mutual Insurance

HowEnii, J. The question presented in this case is, whether or not the subscription notes of the company constitute a part of the capital, which is subject to taxation under the law ? *676 In the cases of the City of New Orleans v. Union Insurance Company, and Same v. Star Mutual Insurance Company, we decided the question in the affirmative, and for the reasons therein given : It is ordered, that the judgment appealed from be affirmed, with costs.