Newman v. Waite
Supreme Court of Vermont
Trespass on the case to recover the forfeiture provided in the act of 1865. Session Laws of 1865, No. 6, p. 17. The declaration, after setting forth sections 1, 3, and 5 of said act, averred in substance that the defendant was, on the first day of April, 1866, and for a long time before had, and ever since has been, the cashier of a certain banking association, formed and organized under the act of Congress approved June 3d, 1864, entitled “ an act to provide a national…
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Trespass on the case to recover the forfeiture provided in the act of 1865. Session Laws of 1865, No. 6, p. 17. The declaration, after setting forth sections 1, 3, and 5 of said act, averred in substance that the defendant was, on the first day of April, 1866, and for a long time before had, and ever since has been, the cashier of a certain banking association, formed and organized under the act of Congress approved June 3d, 1864, entitled “ an act to provide a national currency,” known and called by the name of the First National Bank of Brattleboro, located and doing business at…
1Opinion of the Court
*589The opinion of the court was delivered by
Wheeler, J.
The act of the legislature, upon which the rights of these parties rest, in this case, was passed to make the stock of national banks in this state taxable, and to make the taxation of it feasible. Laws of 1865, No. 6. The taxation of it would increase the revenues of all municipal corporations so situated that they could tax any of it, and all such corporations would be directly interested to have the taxation of it made effectual. A large proportion of the taxes raised in the state is raised by towns, and they would be more largely…
2Cases cited2 opinions
- Town v. LamphereSupreme Court of Vermont · 1861
- Hatch v. S. Robinson & Co.Supreme Court of Vermont · 1854
3Cited by6 opinions
- Wellman v. MeadSupreme Court of Vermont · 1919
- Payne v. SheetsSupreme Court of Vermont · 1903
- Adams v. Fitchburg RailroadSupreme Court of Vermont · 1894
- Hill v. Boston & Maine RailroadSupreme Court of New Hampshire · 1914
- Taylor v. GilmanU.S. Circuit Court for the District of Southern New York · 1885
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