Supreme Court of Alabama February 1, 1923, 6 Div. 798. (State v. Seals Piano Co.)
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United States · · · 01-02-1923
lead-opinion
SAYRE, J.
The act “to provide for the general revenue of the state of Alabama,” ■approved September 15, 1919 (Gen. Acts, pp. 282-451), declares (section 2) that all solvent credits shall he exempt from ad 'valorem taxation.
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