State v. Stoll
Supreme Court of the United States
Error to the Supreme Court of the State of South Carolina; the ease being thus : Between the years 1801 and 1812..tbe legislature of South Carolina incorporated five banks, viz., the Bank of South Carolina, in 1801; the State Bank of South Carolina, in 1802; the Union Bank, and the Planters’ and Mechanics’ Bank, in 1810, and “ the President and Directors of the Bank of South Carolina,” called for brevity the Bank oe the State oe South Carolina, and sometimes the Bank oe the…
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Error to the Supreme Court of the State of South Carolina; the ease being thus : Between the years 1801 and 1812..tbe legislature of South Carolina incorporated five banks, viz., the Bank of South Carolina, in 1801; the State Bank of South Carolina, in 1802; the Union Bank, and the Planters’ and Mechanics’ Bank, in 1810, and “ the President and Directors of the Bank of South Carolina,” called for brevity the Bank oe the State oe South Carolina, and sometimes the Bank oe the State, in 1812. The preamble to the act of incorporation of this- last-named bank set forth that “ it is deemed…
1Opinion of the Court
*431•Mr. Justice HUNT
delivered the opinion of the court.
It is evident from a comparison of the different statutes incorporating the banks — 1st, that as to.all the banks, the statutory description of their notes to be received in payment of taxes, referred to the form of the notes, viz., those expressed upou their face to be payable in gold or silver, and whiéli are originally or by lapse of time had become payable on demand, and not to the fact that specie was actually paid when the notes were presented for payment; and 2dly, that the legislature intended to provide that a different rule should…
2Cited by76 opinions
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- Huston v. ScottSupreme Court of Oklahoma · 1908
- Gowen v. HarleyCourt of Appeals for the Eighth Circuit · 1893
- City of Huron v. Second Ward Sav. BankCourt of Appeals for the Eighth Circuit · 1898
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