State ex rel. Second Ward Savings Bank v. Leuch
Wisconsin Supreme Court
Appeal from a judgment of tbe circuit court for Milwaukee county: J. C. Ludwig, Circuit Judge. Certiorari to reverse tbe action of' tbe board of review of tbe city of Milwaukee in tbe year 1912 in assessing tbe shares of capital stock of tbe respondent bank. Said bank is incorporated under tbe laws of tbe state and bas 10,000 shares of stock with a par value of $100 each.
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Appeal from a judgment of tbe circuit court for Milwaukee county: J. C. Ludwig, Circuit Judge. Certiorari to reverse tbe action of' tbe board of review of tbe city of Milwaukee in tbe year 1912 in assessing tbe shares of capital stock of tbe respondent bank. Said bank is incorporated under tbe laws of tbe state and bas 10,000 shares of stock with a par value of $100 each. It appeared "that tbe bant bas one main banking bouse and two branch offices for tbe receiving of deposits in Milwaukee, and owns tbe real estate on wbicb they stand. In 1912 tbe bank was rebuilding its main banking bouse…
1Opinion of the Court
WiNsnow, O. I.
Two preliminary objections are urged wbicb will be briefly considered. It is said (1) that tbe bank cannot maintain this action because of lack of substantial interest in tbe controversy, and (2) that tbe assessment cannot be questioned because the stockholders of tbe bank did not appear before the board and submit themselves to examination. We regard these objections as not well taken.
It is true that tbe assessment of bank stock is made *495against the shareholders, but' such assessments are required to be entered on the assessment roll of the district where the bank is located and…
2Cases cited2 opinions
- State ex rel. Milwaukee Medical College v. ChittendenWisconsin Supreme Court · 1906
- Bartle v. BartleWisconsin Supreme Court · 1907
3Cited by3 opinions
- Van Dyke v. City of MilwaukeeWisconsin Supreme Court · 1915
- State ex rel. Marshall & Ilsley Bank v. LeuchWisconsin Supreme Court · 1914
- Krembs v. City of MerrillWisconsin Supreme Court · 1924