Spokane & Eastern Trust Co. v. Spokane County

This action was brought to recover a tax paid on bank stock under protest. The cause was tried to the court without a jury, and resulted in findings of fact and conclusions of law sustaining a recovery; From the judgment entered in favor of the plaintiff in the sum of $27,658.48, the defendant appeals.

The controlling facts may be summarized as follows: The respondent, the Spokane and Eastern Trust Company, is a corporation organized under the laws of this state, and is engaged in the banking and trust business in the city of Spokane. The respondent has a capital stock of one million dollars,…