Greenfield Savings Bank v. Commonwealth
Massachusetts Supreme Judicial Court
Petition against the Commonwealth, filed in the Supreme Judicial Court on May 22,1911, by the Greenfield Savings Bank, through the bank commissioner of the Commonwealth, under St. 1909, c. 490, Part III, §§ 70, 71, for the sum of $4,302.07 paid by the petitioner, which was assessed as a tax under § 21 of the same Part of the same chapter computed upon the average amount of its deposits for the six months preceding November 1, 1910. The case came on to be heard before…
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Petition against the Commonwealth, filed in the Supreme Judicial Court on May 22,1911, by the Greenfield Savings Bank, through the bank commissioner of the Commonwealth, under St. 1909, c. 490, Part III, §§ 70, 71, for the sum of $4,302.07 paid by the petitioner, which was assessed as a tax under § 21 of the same Part of the same chapter computed upon the average amount of its deposits for the six months preceding November 1, 1910. The case came on to be heard before Sheldon, J., who at the request of the parties reserved it upon the petition, the answer of the Commonwealth and an agreed…
1Opinion of the CourtRugg, C. J.
This is a petition under St. 1909, c. 490, Part III, §§ 70, 71, for the abatement of a tax assessed upon the petitioner under § 21 of said act, upon the average amount of its deposits for the six months preceding November 1,1910.
The petitioner, a savings bank incorporated under the laws of this Commonwealth, was restrained in 1909 from receiving deposits and from exercising certain powers. In June, 1910, the bank commissioner, acting under authority of St. 1910, c. 399, took, and has since retained, possession of the property and business of the petitioner because he had reason to conclude…
2Cases cited13 opinions
- Flint v. Stone Tracy Co.Supreme Court of the United States · 1911
- California v. Central Pacific RailroadSupreme Court of the United States · 1888
- People Ex Rel. Metropolitan Street Railway Co. v. State Board of Tax CommissionersNew York Court of Appeals · 1903
- Society for Savings v. CoiteSupreme Court of the United States · 1868
- Provident Institution v. MassachusettsSupreme Court of the United States · 1868
8 more not listed; retrieve them via the Exa API.
3Cited by19 opinions
- Cosmopolitan Trust Co. v. MitchellMassachusetts Supreme Judicial Court · 1922
- S. S. White Dental Manufacturing Co. v. CommonwealthMassachusetts Supreme Judicial Court · 1912
- Commissioner of Banks v. Prudential Trust Co.Massachusetts Supreme Judicial Court · 1922
- Commonwealth v. Commissioner of BanksMassachusetts Supreme Judicial Court · 1922
- Commissioner of Banks v. Cosmopolitan Trust Co.Massachusetts Supreme Judicial Court · 1924
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