Fidelity & Deposit Co. of Md. v. United States

This suit was brought in the Court of Claims by the Fidelity and Deposit Company of Maryland to recover the sum of $8,300, being the aggregate of amounts paid as bankers’ special taxes for the years 1898 to 1901, under- § 2 of the Spanish War Revenue Act of June 13, 1898, c. 448, 30 Stat. 448. The company applied on November 22, 1913, for a refund, pursuant to the Act of July 27, 1912, c. 256, 37 Stat. 240, alleging that the taxes had been-assessed and collected on plaintiff’s capital, but that in fact none of it had been used or employed in the banking business. The application was rejected…