Duke Power Co. v. Bell, County Treasurer

Counsel

Messrs. Gregory Gregory for appellant, cite: Exemption statute: 34 Stat., 891. Exemption statute strictly construed: 37 Cyc., 890. Cooley Taxation, 4th Ed., Sec. 572; 16 S.Ct., 471 ; 6 U.S. 461 ; 89 U.S. 215 ; 99 U.S. 348 ; 143 U.S. 192 ; 64 A.L.R., 110; 25 A.L.R., 27; 153 Mass. 185 ; 69 L.R.A., 776; 115 S.C. 108 ; 151 Ky., 758 . Statute to induce new plants, not enlargements or improvement of old: 143 Ky., 258 ; 149 Ky., 149; L.R.A., 1916-D, 108; 142 Ky., 759 ; 170 Ky., 557. Exemption is a gratuity and may be revoked: 26 R.C.L., 304; 22 S.Ct., 888 ; 19 Mich., 259 . Exemption personal and not assignable: 26 R.C.L., 308; 205 U.S. 236 ; 239 U.S. 126 ; 49 S.E., 506; 3 S.Ct., 193 ; 21 S.Ct., 240; 5 S.Ct., 813 ; 23 S.Ct., 860 ; 28 S.Ct., 401; 89 Md., 89 . Merger eliminated Great Falls Power Company: Cooley Taxation 4th Ed., Sec. 722; 205 U.S. 236 ; 60 L.R.A., 34; 7 R.C.L., 155; 3 Civ. Code 1922, page 1452; 92 U.S. 265 ; 14 S.Ct., 592 . Exemption is discrimination against other corporations: 64 L.Ed., 989 ; 247 U.S. 350 ; 28 S.Ct., 7 ; 30 S.Ct., 287; 17 S.Ct., 255 ; 75 S.C. 62 ; 53 S.C. 259 ; 53 S.C. 285 .. In Reply. Special act objectionable: 99 S.C. 377 ; 85 S.C. 186 ; 110 S.C. 505 ; 66 S.C. 219 . Messrs. Williams Stewart, J.H. Marion and J.C. McGowan , for respondent, cite: Statute clear and unambiguous: 25 R.C.L., 960-961. Exemption was annexed to specific property and passed with property: 37 Cyc., 898; 95 Pac., 187; 119 N.W., 202; 71 Atlantic, 328; 75 S.C. 34 ; 30 Am. Dec., 423; 12 S.W. 685; 3 L.Ed., 303 ; 76 N.W., 217. Property enjoying immunity continues exempt in consolidated company: 117 U.S. 129 ; 92 U.S. 677 ; 15 Wall, 460. Power of exemption: 74 S.C. 433 . Public purpose: 123 S.C. 272 . Powers of municipal corporation: 1 Dillon, Mun. Corp., Sec. 89; 73 S.C. 83 ; 123 S.C. 272 . Right to invoke due process clause applies only to corporations affected: 6 R.C.L., 89, 92; 132 S.E., 673 . No discrimination against existing factories: 49 L.R.A., 604. No infringement .