Lee v. Quincy State Bank & Citizens Bank & Trust Co.

The appellee bank brought a bill of complaint against the Státe Comptroller, seeking to have him and his agents and employees enjoined from requiring the banks under Chapter 15787, Acts of 1931,. tc have documentary stamps representing State excise taxes, bought and put upon promissory notes for a mere notation on the notes of extensions, not renewals, of the notes, proper' stamps having been placed upon the original notes.

Section 1, paragraph 1 of the Act provides: “That on and after the passage of this Act, there shall be levied, collected and paid for and in respect of the several…