Ohio Citizens Trust Co. v. Evatt

While causes Nos. 30304 and 30306 above mentioned, involving the question of the exemption from taxation of deposits of housing authorities on the ground that they are public funds, were pending, this court decided the case of First Central Trust Co. v. Evatt, Tax Commr., 145 Ohio St., 160, 60 N. E. (2d), 926, holding that deposits belonging to and made by a metropolitan housing authority in a financial institution constitute taxable deposits and must be returned for taxation by the financial institution in which they are deposited.

Adhering to that pronouncement, this court now holds in…