Railroad Co. v. Jackson
Supreme Court of the United States
Error to the Circuit Court for the District of Maryland. The State of Pennsylvania, by certain acts, as expounded by the Supreme Court of that State,* taxed “ money owing by solvent debtors, whether by promissory note, penal or single bill, bond or judgment,” imposing three mills on the dollar of the principal, payable out of the interest.
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Error to the Circuit Court for the District of Maryland. The State of Pennsylvania, by certain acts, as expounded by the Supreme Court of that State,* taxed “ money owing by solvent debtors, whether by promissory note, penal or single bill, bond or judgment,” imposing three mills on the dollar of the principal, payable out of the interest. And where the money was due by a railroad corporation, they made it the duty of the president, or other officer of the company who paid the coupons or interest to the holder, to retain the amount of the tax. The United States, also, by certain acts, laid…
1Opinion of the CourtJustice Nelson
delivered the opinion of the court.. It has been argued for the plaintiff, that the acts of the legislature of Pennsylvania, when properly interpreted, do not embrace the bonds or coupons in question; but it is not important to examine the subject; for, it is not to be denied, as the courts of the State have expounded these laws, that they authorize the deduction, and,-if no other objection ex*267isted against the tax, the defence would fail. If this was an open question we should have concurred with the interpretation of the court below, which concurred with the views of the plaintiff’s counsel.…
2Cited by27 opinions
- Pollock v. Farmers' Loan & Trust Co.Supreme Court of the United States · 1895
- Miller Brothers Co. v. MarylandSupreme Court of the United States · 1954
- Union Refrigerator Transit Co. v. KentuckySupreme Court of the United States · 1905
- Fairbank v. United StatesSupreme Court of the United States · 1901
- Wheeler v. WeightmanSupreme Court of Kansas · 1915
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