Omaha National Bank v. Heintze

These three cases are original actions for declaratory judgments to determine the rate of taxation of plaintiffs’ shares of stock. The precise question is whether the capital stock of the plaintiffs is stock assessable at four mills on the dollar of actual value as provided in section 77-703, R. S. Supp., 1953, or at eight mills on the dollar of the actual valuation thereof as provided in section 77-709, R. R. S. 1943.

The plaintiffs are banks organized under the law of the United States with their principal places of business in Douglas County. By the provision of section 77-709, R. R. S.…