Scandinavian-American Bank v. Pierce County

Citations

• 20 Wash. 155
• 55 P. 40
• 1898 Wash. LEXIS 487

Syllabus

<p>TAXATION — BANK STOCK — SHAKES OF NON-EESIDENT OWNERS.</p> <p>The shares of non-resident stockholders in a bank incorporated under the laws of this state and doing business in the state are subject to taxation here for state, county and municipal purposes, under Laws 1893, p. 323, which provides in § 1 that all real and personal property in the state shall be subject to assessment and taxation, and in § 21, that all the shares of stock in banks, existing by authority of the United States or of the state and located within the state shall be assessed to the owners thereof in the cities or towns where such banks are located.</p>