
    No. 329
    No. 20053
    No. 20051
    No. 20052
    No. 20054
    No. 20055
    William F. Hess, Auditor Hamilton Co. v. The Union Central Life Ins. Co. William F. Hess, etc., v. The Columbia Life Insurance Company. William F. Hess, etc., v. Federal Union Life Insurance Company. William F. Hess, etc., v. The Western & Southern Life Insurance Co. William F. Hess, etc., v. The Ohio National Life Insurance Company.
    Error to the Court of Appeals of Hamilton County-
    647. INSURANCE — %. Sec. 5327 and 9357 GC. requiring Ohio Life Insurance' Companies to create a reserve, constitutes an indebtedness to the policy holders and may be deducted from gross taxable credits in making tax returns.
    2. Sec. 5327 and 9357 GC. are constitutional.
   MATTHIAS, J.

1. The reserve created and maintained by an Ohio Life Insurance Company as required by law represents an indebtedness of the company to its policy holders and by virtue of Section 5327 and 9357, General _Code, the amount thereof may he deducted from its gross taxable credits in making its return of property for taxation.

2. Sections 5327 and 9357, General Code, are not violative of any provision of the Ohio Constitution.

Judgment affirmed.

Day, Allen, Kinkade, Robinson and Jones, JJ., concur.  