That is how I got rid of 10 of the damned things last year. My neighbor pulled two of them up and it damn near blew out the transmission on his truck though!
After that, I found a "tree specialist" to come over and do the same thing to the other 10 trees that HAD TO GO and he charged me $20.00 a tree and hauled them away to be recycled. I know I got off dirt cheap deal but I'm sure glad the trees are gone.
The were English Laurel trees and don't ever plant one as the grow to be very large and they became totally out of control.
So remember, big ass truck w/hitch & don't forget the chain to wrap around the stump and off you go. Best to do it when the ground is wet as they'll come up a lot easier!
& now English Laurel tree free to boot! 
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