Mugivan Estate Tax 6-26-1930

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Mugivan Estate Tax 
FIGHT AITEMPT OFSTATE TOTAXCIRCUS PROPERTY I INDIANAPOLIS, June 26.—(OP) . '—Whether stock in th» Aaierlcanf , Circus Corporation is taxable In | idlana was a problem facing the j state IBJC board- today .as a result jot an attempt of the Miami',county auditor to collect back taxes from the American Circus" Corporation amounting to $295,000. The taxes are alleged >lo ;ba owed by the corporation,. w.hich is a holding. company for the various circuses that winter in Peru, Ind. On behait .of the'heirs of Jerry Mugivan, late- clrcua leader, Ati toruey Albert J; Ward appeared before the tax board, opposing collection of the taxes. . Ward contended that all t tan gible property of this foreign co, poration is held in Indiana an therefore the stock IB constitutionally tax exempt The stock was admitted by defendants' to be worth |1,669,SOO and by Attorney Henry M., Dowllng, representing Gr>nt Hosteller county auditor, to be worth considerably more. Hosteller contended that the corporation had no tangible assets, but that tho tangible assets belonged panies. - to the subsidiary com : The matter was (aken under advisement,

Clipped from
  1. Logansport Pharos-Tribune,
  2. 26 Jun 1930, Thu,
  3. Page 10

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  • Mugivan Estate Tax 6-26-1930

    mark124 – 13 Sep 2013

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