Zeiss v. Brenham Production Credit Ass'n

McDONALD, Chief Justice.

This is a suit brought by the appellee, Brenham Production Credit Association, against the appellant, the City of Brenham, to declare void the 1951 tax asssessment made by the City Tax Equalization Board against the appellee Production Credit Association, and to enjoin the levy and collection of taxes based on said assessment. Trial was before the court without a jury.

The pertinent facts are: 1) Brenham Production Credit Association was chartered in 1934 as an Agricultural Credit Cooperative under the provisions of Chapter 7, Title 12, § 1131d of the U.S.C.A. to make…