Advertisements-Licensing. State vs. Murphy. (Connecticut. July 27, 1916. 98 A. 343.) It is not an arbitrary and unwarranted interference with a lawful business to require the issuance of a license and the payment of a license fee for the display upon real estate of advertisements containing more than four feet of surface. Such a regulation is within the taxing power of the legislature. The taxing power is vested in the legislature and it may exercise such power for lawful purposes in its discretion both as regards the subject matter of taxation and the extent and manner of the tax, except as constitutional limitations may intervene. And such power extends to persons, property, possession, franchise and privileges, occupations and rights, and reaches every trade or occupation, every object of industry, use or enjoyment. The display on a billboard or similar advertisement upon real property is a proper subject of taxation and the taxation thereof is a reasonable exercise of the taxing power.