Steeves v. Bank of Weiser
Idaho Supreme Court
APPEAL from the District Court of the Seventh Judicial District of the State of Idaho, for the County of WasMngton. Hon. Ed. L. Bryan, Judge. Action to recover from a stockholder taxes paid by the bank subsequent to the sale of such stock by the stockholder.
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APPEAL from the District Court of the Seventh Judicial District of the State of Idaho, for the County of WasMngton. Hon. Ed. L. Bryan, Judge. Action to recover from a stockholder taxes paid by the bank subsequent to the sale of such stock by the stockholder. Judgment for the plaintiff and defendant appealed. citing same authorities given in Shainwdld v. Bank, ante, p. 290, 109 Pac. 257. Appellant contends that it was the duty of the respondent bank to pay the tax out of any surplus funds or undivided profits on hand, as the current expenses of banks are usually paid. We cannot admit this…
1Opinion of the CourtAilshie, J.
This case was submitted at the same time and in conjunction with the case of Shainwald v. First National Bank, ante, p. 290, 109 Pac. 257, just decided; and it wa& understood and agreed that the decision in this case should follow the decision in that case. The decision in the Shainwald ease is decisive of all the questions raised in this ease, and upon the authority of that case the judgment in the present case will be reversed and the cause is hereby remanded. Costs awarded in favor of appellant.
2Cases cited1 opinion
- Shainwald v. First National Bank of WeiserIdaho Supreme Court · 1910
3Cited by4 opinions
- Williford v. StateCourt of Appeals of Georgia · 1937
- People ex rel. Kent v. DeniousSupreme Court of Colorado · 1948
- In Re EvansSupreme Court of Oklahoma · 1919
- People Ex Rel. v. DeniousSupreme Court of Colorado · 1948