First National Bank v. City Council of Estherville
Supreme Court of Iowa
Appeal from Emmet District Court. — Hon. A. D. Bailie, Judge. Action in equity to cancel the assessment of the shares of stock of the plaintiff hank. The relief asked was denied, and the 'plaintiffs appeal.
1Opinion of the CourtSherwin, C. J.
The bank and its coplaintiffs, who are the stockholders therein, appealed to the district court from the action of the city council, sitting as a board of equalization, in raising the assessment on the shares of its capital stock from $110 per share to $130 per share, exclusive of real estate, and in ordering the same assessed and taxed for the year 1907 upon the latter valuation.
In the district court the appellants pleaded that the assessment in question was excessive and inequitable and a discrimination against the stockholders of the bank, and, further, “that the statutes of Iowa do not…
2Cases cited19 opinions
- Ex Parte BainSupreme Court of the United States · 1887
- Van Allen v. AssessorsSupreme Court of the United States · 1866
- Mercantile Bank v. New YorkSupreme Court of the United States · 1887
- Owensboro National Bank v. OwensboroSupreme Court of the United States · 1899
- People v. WeaverSupreme Court of the United States · 1880
14 more not listed; retrieve them via the Exa API.
3Cited by10 opinions
- First National Bank v. HayesSupreme Court of Iowa · 1919
- Commercial National Bank v. Board of SupervisorsSupreme Court of Iowa · 1915
- Hannan v. First Nat. BankCourt of Appeals for the Eighth Circuit · 1920
- Security Savings Bank v. Board of ReviewSupreme Court of Iowa · 1920
- Langhout v. First National Bank of RemsenSupreme Court of Iowa · 1921
5 more not listed; retrieve them via the Exa API.