Legal Opinion
Baltimore National Bank v. State Tax Commission
Supreme Court of the United States
Decided February 3, 1936No. 283PublishedCited by 64 opinions
1Opinion of the CourtJustice Cabdozo
This case presents the single question whether shares in a national bank, subscribed for and owned by the Reconstruction Finance' Corporation, may be taxed by a state.
The Baltimore Trust Company closed its doors'in February, 1933, and was unable to reopen. It was reorganized in August of the same year as a national banking association under the name of the Baltimore National Bank with a place of business in Baltimore, Maryland. To set the business going, the Reconstruction Finance Corporation subscribed for the entire issue of preferred, stock, 10,000 shares of the par value of $1,000,000.…
2Cases cited16 opinions
- M'culloch v. State of MarylandSupreme Court of the United States · 1819
- Kepner v. United StatesSupreme Court of the United States · 1904
- D. Ginsberg & Sons, Inc. v. PopkinSupreme Court of the United States · 1932
- Des Moines National Bank v. FairweatherSupreme Court of the United States · 1923
- Washington v. MillerSupreme Court of the United States · 1914
11 more not listed; retrieve them via the Exa API.
3Cited by64 opinions
- Gully v. First Nat. Bank in MeridianSupreme Court of the United States · 1936
- Graves v. New York Ex Rel. O'KeefeSupreme Court of the United States · 1939
- Federal Land Bank of St. Paul v. Bismarck Lumber Co.Supreme Court of the United States · 1941
- Mayo v. United StatesSupreme Court of the United States · 1943
- Penn Dairies, Inc. v. Milk Control Comm'n of Pa.Supreme Court of the United States · 1943
59 more not listed; retrieve them via the Exa API.