Davenport Bank v. Davenport Board of Equalization
123 U.S. 83 (1887)

Annotate this Case

U.S. Supreme Court

Davenport Bank v. Davenport Board of Equalization, 123 U.S. 83 (1887)

Davenport Bank v. Davenport Board of Equalization

Submitted October 11, 1887

Decided October 31, 1887

123 U.S. 83

Syllabus

Section 5219, Rev.Stat., respecting the taxation of national banks, does not require perfect equality between state and national banks, but only that the system of taxation in a state shall not work a discrimination favorable to its own citizens and corporations and unfavorable to holders of shares in national banks.

If a state statute creating a system of taxation does not on its face discriminate against national banks, and there is neither evidence of a legislative intent to make such discrimination nor proof that the statute works an actual and material discrimination, there is no case for holding it to be unconstitutional.

This was a proceeding in a state court of Iowa to relieve a national bank from an alleged excessive rate of taxation. The judgment below for the defendant was affirmed by the Supreme Court of the state on appeal. This writ of error was sued out to review that judgment of affirmance. The case is stated in the opinion of the Court.

Page 123 U. S. 84

Official Supreme Court case law is only found in the print version of the United States Reports. Justia case law is provided for general informational purposes only, and may not reflect current legal developments, verdicts or settlements. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or information linked to from this site. Please check official sources.