Security Savings & Commercial Bank v. District of Columbia
Court of Appeals for the D.C. Circuit
Appeal from the Supreme Court of the District of Columbia. Action by the Security Savings & Commercial Bank, a corporation, against the District of Columbia, to recover a tax paid under protest. From a judgment dismissing the cause, plaintiff appeals.
1Opinion of the Court
SMYTH, Chief Justice.
The appellant is a savings hank, incorporated under the laws of West Virginia, and doing business in the *186District of Columbia. Pursuant to Act July 1, 1902 (32 Stat. 617) § 6, par. 7, as amended by Act April 28, 1904 (33 Stat. 563),-a tax was levied upon the gross earnings of the bank. These earnings included $16,517.33, interest derived from liberty bonds, victory bonds, war savings stamps, and certificates of indebtedness of the United States, which, under the law providing for their issuance, are exempt from taxation. The tax on the earnings derived from these…
2Cases cited9 opinions
- Flint v. Stone Tracy Co.Supreme Court of the United States · 1911
- Minot v. Philadelphia, Wilmington & Baltimore RailroadSupreme Court of the United States · 1874
- Owensboro National Bank v. OwensboroSupreme Court of the United States · 1899
- Society for Savings v. CoiteSupreme Court of the United States · 1868
- Baltic Mining Co. v. MassachusettsSupreme Court of the United States · 1913
4 more not listed; retrieve them via the Exa API.
3Cited by18 opinions
- Neild v. District of ColumbiaCourt of Appeals for the D.C. Circuit · 1940
- Potomac Electric Power Co. v. HazenDistrict Court, District of Columbia · 1937
- Potomac Electric Power Co. v. RudolphCourt of Appeals for the D.C. Circuit · 1928
- Havana Electric R., L. & P. Co. v. CommissionerUnited States Board of Tax Appeals · 1934
- Havana Elec. Ry., Light & Power Co. v. CommissionerUnited States Board of Tax Appeals · 1936
13 more not listed; retrieve them via the Exa API.