People's Nat. Bank of Lynchburg v. Marye
U.S. Circuit Court for the District of Eastern Virginia
In Equity. Suits by the People’s National Bank of Lynchburg, the First National Bank of Lynchburg, the Lynchburg National Bank, and the National Exchange Bank of Lynchburg in behalf of their shareholders, against Merton Marye, as auditor of public accounts of the state of Virginia, to enjoin the collection of taxes levied on their shares of stock. On demurrer to bills.
Read the full summary
In Equity. Suits by the People’s National Bank of Lynchburg, the First National Bank of Lynchburg, the Lynchburg National Bank, and the National Exchange Bank of Lynchburg in behalf of their shareholders, against Merton Marye, as auditor of public accounts of the state of Virginia, to enjoin the collection of taxes levied on their shares of stock. On demurrer to bills. Tlie four national hanks above named (the first being a test case) are resisting tlie payment of certain taxes claimed by the state of Virginia to be due by their stockholders under three acts of assembly of the state of…
1Opinion of the CourtWaddill, District Judge
(after stating tlie facts). In the determination of the matters presented for the consideration of the-court, two preliminary questions arise: First, as to whether the banks, under the said statutes, have a right to maintain these suits in behalf of their stockholders; and, second, whether a case has been made for the interposition of a court of equity to restrain the state in the collection of its revenues. In -the consideration of these questions, in the view taken by the court, the original and supplemental bills should, for a moment, be considered separately, as the original bill only…
2Cases cited19 opinions
- Davidson v. New OrleansSupreme Court of the United States · 1878
- Taylor v. SecorSupreme Court of the United States · 1876
- Hagar v. Reclamation District No. 108Supreme Court of the United States · 1884
- Bell's Gap Railroad v. PennsylvaniaSupreme Court of the United States · 1890
- Dows v. City of ChicagoSupreme Court of the United States · 1871
14 more not listed; retrieve them via the Exa API.
3Cited by4 opinions
- Commonwealth v. CarterSupreme Court of Virginia · 1920
- Yarbrough v. BlakeDistrict Court, W.D. Arkansas · 1962
- Withers v. Jones'Supreme Court of Virginia · 1920
- Bond & Mortgage Investment Co. v. EvattUnited States Board of Tax Appeals · 1943