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Bank of Commerce Vs. Tennessee
Cites for this judgment
- US Supreme Court
- Mar 02, 1896
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U.S. 134 (1896) U.S. Supreme Court Bank of Commerce v. TennesseeSearch
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U.S. 134 (1896) Bank of Commerce v. TennesseeSearch
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tax on such shares in the hands of shareholders impairs the obligation of the contract, and is void. Farrington v. TennesseeSearch
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of stock were subject to general taxation, counsel for the state refer to the decision in the case of Farrington v. TennesseeSearch
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applied to the property of the bank, and it is in favor of the exemption claimed under the contract. In Murdock v. CitySearch
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the Constitution, treaties, laws, or authority of the United States. To the same effect are New Orleans Waterworks Co. v. LouisianaSearch
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St. Paul, Minneapolis & Manitoba Railway v. ToddSearch
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under clauses which are said to be similar to those in the charter under consideration. In this case of Bank v. TennesseeSearch
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claims of that nature. It is well known, has long existed, and is undoubted. New Orleans City & Lake Railroad v. NewSearch
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Vicksburg & Pacific v. DennisSearch
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West Wisconsin Railway v. SupervisorsSearch
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and the shares of stock in the hands of the shareholders may both be taxed, and it is not double taxation. Van Allen v. AssessorsSearch
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Wall. 244, cited in Farrington v. TennesseeSearch
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And in Tennessee v. WhitworthSearch
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capital stock, which surplus is the property of the bank until it is divided among stockholders. The case of Bank v. TennesseeSearch
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U.S. Supreme Court Bank of Commerce v. TennesseeSearch
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of Farrington v. TennesseeSearch
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In Murdock v. CitySearch
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of Bank v. TennesseeSearch
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New Orleans City & Lake Railroad v. NewSearch
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Van Allen v. AssessorsSearch
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Tennessee v. WhitworthSearch
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