State v. Vicksburg Bank

Citations

• 69 Miss. 99

Syllabus

<p>1. Constitutional Law. Taxation. Assessment. Banks. Code 1880, § 498.</p> <p>Section 498, code 1880, requiring taxes to be assessed on the entire authorized capital of a bank whose president or cashier fails to render to the .assessor the statement therein required, cannot operate to dispense with an assessment of such capital and the listing of it on the assessment-roll, since these are constitutional prerequisites to such taxation. State v. Thibodeaux, ante, p. 92.</p> <p>2.. Revenue Agent. Suit for taxes. Necessity of assessment.</p> <p>And the state revenue agent cannot recover as taxes delinquent or revenue due the state, the tax which ought to have been assessed to such bank.</p>