Buder v. First Nat. Bank in St. Louis

JOHN" B. SANBORN, District Judge.

This is a suit in equity, brought by the First National Bank in St. Louis and Joseph D. Bascom, one of its stockholders, as plaintiffs (appellees), against the defendants (appellants), the taxing officers of the city of St. Louis, Mo. Its purpose is to enjoin the enforcement of ad valorem taxes assessed against the shares of stock of the bank as of June 1, 1923, for the year 1924, pursuant to section 12775 of the Revised Statutes of Missouri 1919.

Prior to the Act of Congress of March 4, 1923 (chapter 267, 42 Stat. 1499 [Comp. St. § 9784]), amending section…