First National Bank v. Douglas County
Wisconsin Supreme Court
Appeal from a judgment of tbe circuit court for Douglas county: A. J. ViNJE, Circuit Judge. Plaintiff is a national banking association, located at tbe city of Superior. It owned a three-story brick building, tbe first floor of wbicb was occupied for its banking offices and tbe other portions rented.
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Appeal from a judgment of tbe circuit court for Douglas county: A. J. ViNJE, Circuit Judge. Plaintiff is a national banking association, located at tbe city of Superior. It owned a three-story brick building, tbe first floor of wbicb was occupied for its banking offices and tbe other portions rented. Its capital stock, at par, was $200,000. In tbe year 1901 its capital stock was assessed to tbe owners thereof at Superior at a total of $100,000, and tbe real estate above described was assessed as tbe property of tbe plaintiff, tax levied thereon, and upon delinquency tbe property was sold at…
1Opinion of the CourtDodge, J.
Congress having expressly consented that the states may, if they choose, tax the shares of stock in national banks, with certain limitations, and may also tax the real estate of the banking association (sec. 5219, R. S. of U. S. [U. S. Comp. St. 1901, p. 3502]), 'the present tax finds no obstacle in the federal origin of the appellant corporation, and we have only to consider whether the law of Wisconsin,, as it existed in 1901, authorized it.
See. 1034:, Stats. 1898, under title XIII, “Taxation,” commands that taxes “be levied on all property in this state except such as is exempted…
2Cases cited15 opinions
- National Bank v. CommonwealthSupreme Court of the United States · 1870
- Van Allen v. AssessorsSupreme Court of the United States · 1866
- Tennessee v. WhitworthSupreme Court of the United States · 1886
- Bank Tax CaseSupreme Court of the United States · 1865
- Cleveland Trust Co. v. LanderSupreme Court of the United States · 1902
10 more not listed; retrieve them via the Exa API.
3Cited by8 opinions
- Wingfield v. South Carolina Tax CommissionSupreme Court of South Carolina · 1928
- Board of Com'rs of Oklahoma County v. RyanSupreme Court of Oklahoma · 1924
- Fitch v. Wisconsin Tax CommissionWisconsin Supreme Court · 1930
- Inhabitants of East Livermore v. Livermore Falls Trust & Banking Co.Supreme Judicial Court of Maine · 1907
- Central Union Trust Co. of New York v. EdwardsCourt of Appeals for the Second Circuit · 1923
3 more not listed; retrieve them via the Exa API.