Louisville v. Third National Bank, 174 U.S. 435 (1899)

Louisville v. Third National Bank


No. 884


Argued February 28, March 2, 1899
Decided May 15, 1899
174 U.S. 435

APPEAL FROM THE CIRCUIT COURT OF THE
UNITED STATES FOR THE DISTRICT OF KENTUCKY

Syllabus

Third National Bank of Louisville v. Stone, Auditor, ante,432, followed in holding that taxes like those here in question are illegal because levied upon the, property and franchise of the bank, and not upon the shares of stock in the names of the shareholders.

The case is stated in the opinion of the Court.