Davenport Bank v. Davenport Board of Equalization

Citations

• 123 U.S. 83
• 8 S. Ct. 73
• 31 L. Ed. 94
• 1887 U.S. LEXIS 2154

Syllabus

<p>ERROR TO THE SUPREME COURT OF IOWA.</p> <p>Section 5210, Rev. Stat., respecting the taxation of national hanks, does .not requi e perfect equality between state and national banks, hut 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.</p> <p>If a state statute creating a system of taxation does not on its face discriminate against national hanks, 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.</p>