McCornick & Co. v. Bassett
Utah Supreme Court
Appeal from District Court, Third District; Eon. Geo. G. Armstrong, Judge. Action by McCornick & Co., Bankers, against Fred C. Bas-sett, Connty Treasurer .of Salt Lake County. Judgment for Defendant. Plaintiff appeals. STATEMENT OF FACTS.
Read the full summary
Appeal from District Court, Third District; Eon. Geo. G. Armstrong, Judge. Action by McCornick & Co., Bankers, against Fred C. Bas-sett, Connty Treasurer .of Salt Lake County. Judgment for Defendant. Plaintiff appeals. STATEMENT OF FACTS. This is an action against the treasurer of Salt Lake County to recover for money paid under protest by plaintiff, McCor-nick & Co., Bankers, a corporation, hereinafter called bank, on account of taxes alleged to have been unlawfully levied and collected. The bank, at the time the taxes were levied and collected, was doing a general banking business in Salt…
1Opinion of the CourtMcCAETY, J.
(after stating tbe facts as above).
The important question presented by this appeal is: Was the bank (appellant) entitled to have the sum at which the real estate and improvements thereon of the building company was assessed deducted from the value of its capital stock as fixed by the assessor for taxation purposes? It is contended that since the. bank owned all of the capital stock of the building company at the time the taxes in question were levied and collected, it, in effect, owned the real estate mentioned —assessed to and in the name of the building company — and that such real estate…
2Cases cited5 opinions
- People ex rel. Burke v. BadlamCalifornia Supreme Court · 1881
- Inhabitants of East Livermore v. Livermore Falls Trust & Banking Co.Supreme Judicial Court of Maine · 1907
- Lewiston Water & Power Co. v. County of AsotinWashington Supreme Court · 1901
- Commercial National Bank v. ChambersUtah Supreme Court · 1900
- Dexter Horton National Bank v. McKenzieWashington Supreme Court · 1912
3Cited by8 opinions
- Stillman v. LynchUtah Supreme Court · 1920
- Crocker v. CrockerCalifornia Court of Appeal · 1926
- Hackensack Trust Co. v. City of HackensackSupreme Court of New Jersey · 1936
- Marks v. GreenDistrict Court of Appeal of Florida · 1960
- Holliday Water Company v. LambourneUtah Supreme Court · 1970
3 more not listed; retrieve them via the Exa API.