Legal Opinion
Board of Sup'rs, City of Frankfort v. State Etc.
Court of Appeals of Kentucky (pre-1976)
Decided October 19, 1945PublishedCited by 11 opinions
1Opinion of the Court
Opinion op the Court by
Stanley, Commissioner
Affirming.
Pursuant to the authority granted by Kentucky Revised Statutes 136.270, the City Assessor valued the 1,000 shares of stock of the State National Bank, of Frankfort, as of September 15, 1942, at $228,620, that being the book value, i. e., the net capital stock, surplus and undivided profits of all the shares. The statutory processes for review having been followed through, the Circuit Court adjudged the taxable value to be $120,000. The City insists on the appeal that the original valuation is the proper one.
We pause to observe that this is…
2Cases cited20 opinions
- National Bank v. CommonwealthSupreme Court of the United States · 1870
- Klein v. Board of Tax Supervisors of Jefferson Cty.Supreme Court of the United States · 1930
- National Bank of Commerce v. City of New BedfordMassachusetts Supreme Judicial Court · 1900
- Evansville Bank v. BrittonSupreme Court of the United States · 1882
- National Bank of Commerce v. City of New BedfordMassachusetts Supreme Judicial Court · 1892
15 more not listed; retrieve them via the Exa API.
3Cited by11 opinions
- In Re Tax Assessments Against the National Bank of West VirginiaWest Virginia Supreme Court · 1952
- American Bank & Trust Co. v. Dallas CountyCourt of Appeals of Texas · 1984
- Fayette County Board of Supervisors v. O'RearCourt of Appeals of Kentucky (pre-1976) · 1955
- Lynch v. Kentucky Tax CommissionCourt of Appeals of Kentucky (pre-1976) · 1960
- Albert v. Black Motor CompanyCourt of Appeals of Kentucky (pre-1976) · 1962
6 more not listed; retrieve them via the Exa API.