Legal Opinion
McFarland, Sheriff v. Georgetown National Bank
Court of Appeals of Kentucky (pre-1976)
Decided February 24, 1925PublishedCited by 7 opinions
1Opinion of the Court
Opinion of the Court by
Commissioner Hobson
Reversing.
In 1915 the following amendment was made to section 171 of the Constitution:
“The General Assembly shall have power to divide property into classes and to determine what class or classes of property shall be subject to local taxation.”
Under this provision it was enacted in 1917 as follows :
“Money in hand, notes, bonds, accounts and other credits, whether secured by mortgage, pledge or otherwise, or unsecured . . . shall be subject to taxation for state purposes only.” Section 4019a, subsection 10, Kentucky Statutes.
By the same act it was…
2Cases cited8 opinions
- Mercantile Bank v. New YorkSupreme Court of the United States · 1887
- Aberdeen Bank v. Chehalis CountySupreme Court of the United States · 1897
- Talbott v. Silver Bow CountySupreme Court of the United States · 1891
- Merchants' Nat. Bank of Richmond v. RichmondSupreme Court of the United States · 1921
- First National Bank of Wellington v. ChapmanSupreme Court of the United States · 1899
3 more not listed; retrieve them via the Exa API.
3Cited by7 opinions
- Roberts v. Am. Natl. Bank of PensacolaSupreme Court of Florida · 1927
- First Nat. Bank v. Louisiana Tax CommissionSupreme Court of Louisiana · 1932
- Board of Sup'rs, City of Frankfort v. State Etc.Court of Appeals of Kentucky (pre-1976) · 1945
- State v. First National Bank of St. PaulSupreme Court of Minnesota · 1925
- Miller v. PowellCourt of Appeals of Kentucky · 1984
2 more not listed; retrieve them via the Exa API.