State Bank v. City of Madison

The State Bank of Indiana filed a bill *44in chancery, in the Jefferson Circuit Court, against the city of Madison. The object of the bill was to obtain an injunction, restraining the city from collecting a certain tax which she had assessed for the year 1846, upon certain real estate of the bank, which estate is situate within the limits of the city.

The injunction was granted.

The city afterwards filed an answer to the bill, admitting the assessment of the tax, and the commencement of proceedings for its collection, by the city. She claims in her answer to have the right to assess and collect…