Ottumwa Savings Bank v. City of Ottumwa
Supreme Court of Iowa
Appeal from Wapello District Court. — Hon. W. I. Babb, Judge. This is a proceeding in equity for the correction of an assessment of personal property. There was a hearing on the merits, and a decree in favor of the ■plaintiff. The defendant appeals.
1Opinion of the CourtRobinson, J.
The plaintiff is a corporation duly organized as a savings bank under the laws of this state, and has a paid-up capital stock of fifty thousand dollars. On the twenty-third day of December, 1892, it purchased bonds of the United States of the par value of twenty-five thousand dollars, for which it paid *177the sum of twenty-eight thousand four hundred dollars. All of them were retained and owned by it until the seventeenth day of the next June, when a part, amounting to eleven thousand three hundred and fifty dollars, were sold, and others were disposed of from time to time until the twenty-third…
2Cases cited3 opinions
- German American Savings Bank v. City of BurlingtonSupreme Court of Iowa · 1880
- Iowa State Savings Bank v. City CouncilSupreme Court of Iowa · 1895
- Campbell v. City of CentervilleSupreme Court of Iowa · 1886
3Cited by6 opinions
- German American Savings Bank v. Council of BurlingtonSupreme Court of Iowa · 1902
- Auditor General v. Bassett's EstateMichigan Supreme Court · 1929
- Beard v. Peoples Savings BankIndiana Court of Appeals · 1913
- Bissell v. Board of ReviewSupreme Court of Iowa · 1912
- State ex rel. Egermayer v. KellySupreme Court of Iowa · 1911
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