Bank of Kentucky v. Stone
U.S. Circuit Court for the District of Kentucky
This is a bill in equity filed by the Bank of Kentucky, a corporation organized under the laws of Kentucky, to restrain the assessment and collection of certain taxes for the benefit of the defendants the city of Louisville, the county of Franklin, and the city of Frankfort.
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This is a bill in equity filed by the Bank of Kentucky, a corporation organized under the laws of Kentucky, to restrain the assessment and collection of certain taxes for the benefit of the defendants the city of Louisville, the county of Franklin, and the city of Frankfort. Samuel H. Stone is the auditor of public accounts for the state of Kentucky, Charles Finley is the secretary of state, and George W. Long is the state treasurer; and these three officers, also made defendants herein, constitute the state board of valuation and assessment. The bill avers that the complainant has an…
1Opinion of the CourtTaft, Circuit Judge
(after stating the facts). The bill attacks the validity of the Kentucky revenue law of November, 1892, and seeks relief against its enforcement on the ground that, in its application to the complainant bank, it violates that clause of the federal constitution which forbids a state to pass a law impairing the obligation of a contract. The case is therefore one arising under the constitution of the United States, and, as it involves more than f2,000, it is within the jurisdiction of this court. Do the facts stated in the bill bring it within the equity jurisdiction of the court? It is well…
2Cases cited30 opinions
- Osborn v. Bank of United StatesSupreme Court of the United States · 1824
- Smyth v. AmesSupreme Court of the United States · 1898
- Robb v. ConnollySupreme Court of the United States · 1884
- Dows v. City of ChicagoSupreme Court of the United States · 1871
- Boyce's Executors v. GrundySupreme Court of the United States · 1830
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