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· 3/8/1893

First National Bank v. County of Chehalis

Citations

  • 6 Wash. 64
  • 32 P. 1051
  • 1893 Wash. LEXIS 226

Syllabus

<p>TAXATION —NATIONAL BANK SHARES —INJUNCTION.</p> <p>The assessment of the capital stock of a national bank, made to the bank in solido, is valid.</p> <p>The collection of the tax assessed upon the capital stock of a national bank will not be enjoined on the ground that the moneyed capital of such institutions is unjustly discriminated against, when the complaint does not show that, either by reason of the law or through the action of the assessors, some considerable moneyed capital, which is employed by individuals* in the business of making profit by the use of their moneyed capital as money, is permitted to escape taxation. The non-taxation of “credits” is not ground for such injunction.</p>

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

  • Pierce, J., dissenting in 5 part from a plurality opinion, with an equally divided court1
  • Pierce, J., dissenting in part from a plurality opinion, with an equally divided court 1

Source: CourtListener parenthetical corpus (CC0).

Judges: Stiles

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This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.