Legal Opinion
Richmond County Board of Tax Assessors v. Georgia Railroad Bank & Trust Co.
Supreme Court of Georgia
Decided September 5, 1978No. 33791PublishedCited by 8 opinions
1Opinion of the Court
Hall, Justice.
At issue in this case is the scope of the real estate exemption permitted by Code Ann. § 92-2406 in calculating the value of bank shares for taxation.
The Georgia Railroad Bank & Trust Company deducted the value of real estate owned by the bank and acquired through mortgage foreclosure in calculating the market value of its shares for taxation. The real estate is located in Georgia and is not used for bank premises. The Board of Tax Assessors of Richmond County disallowed the deduction but was overruled by the Richmond County Board of Equalization. When the Board of Tax Assessors…
2Cases cited7 opinions
- Central of Georgia Railway Co. v. WrightSupreme Court of the United States · 1907
- Georgia Railroad & Banking Co. v. WrightSupreme Court of Georgia · 1906
- Atlanta National Building & Loan Ass'n v. StewartSupreme Court of Georgia · 1900
- Ezekiel v. DixonSupreme Court of Georgia · 1847
- Brandywine Townhouses, Inc. v. Joint City-County Board of Tax AssessorsSupreme Court of Georgia · 1974
2 more not listed; retrieve them via the Exa API.
3Cited by8 opinions
- Risser v. City of ThomasvilleSupreme Court of Georgia · 1982
- Management Compensation Group/Southeast, Inc. v. United Security Employee Programs, Inc.Court of Appeals of Georgia · 1989
- Camp v. Coweta CountyCourt of Appeals of Georgia · 2005
- Ward v. City of CairoSupreme Court of Georgia · 2003
- Georgia Institute of Technology v. GoreCourt of Appeals of Georgia · 1983
3 more not listed; retrieve them via the Exa API.