First National Bank v. Snohomish County

Citations

• 91 Wash. 513
• 158 P. 92
• 1916 Wash. LEXIS 1090

Syllabus

<p>Taxation — Assessment—Excessive Valuation — Fbaud. The assessment of the capital stock of a bank at sixty per cent of its actual value according to the basis adopted by the assessor for all personal property assessable for the year will not be set, aside as constructively fraudulent, although for the same year real estaté, under the biennial assessment of the preceding year, was assessed at only forty-five per cent of its value.</p>