Supreme Court of Alabama July 2, 1907 (State v. Sellers & Orum Co.)

ANDERSON, J.

After this case reached the circuit court, the state made the issue by averring that the assessment was correct. The appellees then filed a reply, setting out AAdierein the assessment was incorrect, and that it included all the capital stock, $40,000, and failed to alloAV a credit for $20,000, represented by mortgages *560owned on October 1, 1905, which had been recorded and the tax