Louisville v. Third National Bank - 174 U.S. 435 (1899)


U.S. Supreme Court

Louisville v. Third National Bank, 174 U.S. 435 (1899)

Louisville v. Third National Bank

No. 884

Argued February 28, March 2, 1899

Decided May 15, 1899

174 U.S. 435

Syllabus

Third National Bank of Louisville v. Stone, Auditor, ante, 174 U. S. 432, followed in holding that taxes like those here in question are illegal because levied upon the, property and franchise of the bank, and not upon the shares of stock in the names of the shareholders.

The case is stated in the opinion of the Court.



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