126 Ky. 66 | Ky. Ct. App. | 1907
Opinion of the Court by
Keversing.
Appellee, Max Solliger, was the owner of a large quantity of whisky in. bond for more than five years before the institution of this proceeding in the Jeffer
The contentions of the auditor’s agent in this proceeding to tax the property are: (1) That the exportation of the whisky was done in order to escape the payment of taxes upon it, and, as it was then intended to reimport it to the United States and to Kentucky, the character of the title and possession of the owner was never changed, and it was conse
. A warehouse receipt partakes of some of the same features. Its original value may depend entirely on the value of the chattel it represents, and which is deemed to be in pledge to redeem it. But such receipts are generally negotiable, as bonds and bills of exchange are. Each indorser may add materially to.
“Wherefore the judgment is reversed, and cause remanded for proceedings consistent herewith.