Legal Opinion

State v. State Trust & Savings Bank

New Mexico Supreme Court

Decided February 6, 1926No. 3131PublishedCited by 2 opinions

1Opinion of the Court

OPINION OP THE COURT

PARKER, C. J.

The state (appellant) brought an action against the State Trust & Savings Bank, a domestic banking corporation, and T. K. D. Maddison, receiver of said corporation, for taxes alleged to be due upon the shares of the capital stock of the stockholders of said corporation for the year 1923: The appellees filed an answer, in which among other things it was affirmatively alleged that the said bank had at no time subsequent to December 31, 1922, declared or paid any dividend to the stockholders of said bank. They further alleged that the said bank became insolvent,…

2Cases cited11 opinions

  1. National Bank v. CommonwealthSupreme Court of the United States · 1870
  2. American Casualty Insurance Company's CaseCourt of Appeals of Maryland · 1896
  3. Aberdeen Bank v. Chehalis CountySupreme Court of the United States · 1897
  4. First National Bank v. MoonSupreme Court of Kansas · 1918
  5. City of Boston v. BealU.S. Circuit Court for the District of Massachusetts · 1892

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3Cited by2 opinions

  1. First State Bank of Mountainair v. State Tax CommissionNew Mexico Supreme Court · 1936
  2. School District of Lansing v. City of LansingMichigan Supreme Court · 1938

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