Merchants' Nat. Bank of Richmond v. Richmond

Citations

• 256 U.S. 635
• 41 S. Ct. 619
• 65 L. Ed. 1135
• 1921 U.S. LEXIS 1547
• 4 A.F.T.R. (P-H) 4748

Syllabus

<p>1. A judgment of a state supreme court sustaining a state statute and a city ordinance imposing taxes, over the objection that as construed and applied they are repugnant to a law of the' United States, is reviewable here by writ of error. P. 637.</p> <p>•2. Where the state court omits to find the facts relevant to a question of federal law, it is the duty of this court to examine the evidence . . . on the' subject. P. 638.</p> <p>3. In the provision of Rev.' Stats.,, § 5219, respecting state taxation of shares of national banks, that it “shall not be at a greater rate than is assessed upon other moneyed capital in the hands of individual citizens of such State,”-the words “moneyed capital in the hands of individual ■ citizens ” include bonds, notes- and. other evidences' of •indebtedness in the hands of individuals, which'are shown, to come materially into competition with the national banks in the loan market. P. 638.</p> <p>12á Virginia, 522, reversed;'- application for. writ of certiorari denied*</p>