Wahkonsa Investment Co. v. City of Ft. Dodge
Supreme Court of Iowa
Appeal from Webster District Court.— Hon. J. R. Whitaker, Judge. This is an appeal from a judgment of the district court on an appeal from an assessment made against the plaintiff by the city council of th.e city óf Ft. Dodge, acting as a board of review.
Read the full summary
Appeal from Webster District Court.— Hon. J. R. Whitaker, Judge. This is an appeal from a judgment of the district court on an appeal from an assessment made against the plaintiff by the city council of th.e city óf Ft. Dodge, acting as a board of review. This board ordered an assessment against the plaintiff on moneys and credits in the sum of over $59,000. The tidal court on appeal changed the assessment to “ corporate stock,” and reduced it to something like $48,-000. From this order, plaintiff appeals.
1Opinion of the CourtDeemer, C. J.
Plaintiff is a loan and trust company doing business in the city of Ft. Dodge, with a capital stock of $50,000, divided into 400 shares, of the par value of $125, but of the actual value of $150 each. In- the year 1901 the then assessor called upon plaintiff’s secretary, and presented *150to bim a blank to be filled ont for tbe purposes of - assessment. Pursuant to this request the secretary filled out the blank, which showed the following:.
“ ASSETS.
Amount of money on hand or in transit......$ 425 03
Amount of credits, consisting of bills receivable. 59,486 31
Total…
2Cases cited6 opinions
- Frost v. Board of ReviewSupreme Court of Iowa · 1901
- Burns v. McNallySupreme Court of Iowa · 1894
- Farmers Loan & Trust Co. v. Town of FondaSupreme Court of Iowa · 1901
- Layman v. Iowa Telephone Co.Supreme Court of Iowa · 1904
- Wilson & Co. v. Cass CountySupreme Court of Iowa · 1886
1 more not listed; retrieve them via the Exa API.
3Cited by13 opinions
- Griswold Land & Credit Co. v. County of CalhounSupreme Court of Iowa · 1924
- Iowa National Bank v. StewartSupreme Court of Iowa · 1930
- Gibson v. CooleySupreme Court of Iowa · 1906
- Morril v. BentleySupreme Court of Iowa · 1911
- Judy v. National State BankSupreme Court of Iowa · 1907
8 more not listed; retrieve them via the Exa API.