In re Ulster County Savings Bank

27 N.Y. Sup. Ct. 481
CourtNew York Supreme Court
DecidedApril 15, 1880
StatusPublished

This text of 27 N.Y. Sup. Ct. 481 (In re Ulster County Savings Bank) is published on Counsel Stack Legal Research, covering New York Supreme Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
In re Ulster County Savings Bank, 27 N.Y. Sup. Ct. 481 (N.Y. Super. Ct. 1880).

Opinions

Bockes, J.:

Tbe denial of tbe appellant’s application by tbe county court was put, as stated in tbe order appealed from, on tbe ground of a want of jurisdiction in that court to grant tbe prayer of tbe petitioner. It was not based upon any denial of tbe allegations of tbe petition; bence, on tbis appeal, we must accepit those aver-ments as true.

It is stated in tbe petition that tbe “ surplus deposits” of tbe institution were all mvested in United States government bonds ; that sucb bonds were exempt from taxation; that said institution bad no “ other personal property liable to taxation ;n and further that the assessors bad illegally assessed tbe institution upon tbe. assessment roll for $30,000 “surplus deposits;” It was also averred that the assessors bad, on due application to them, refused to strike off sucb illegal assessment, and bad returned tbe roll to tbe common council.

These averments stand admitted, and they show that tbe assessment upon tbe mstitution for $30,000 United States government bonds, “ surplus deposits,” was illegal, not merely erroneous, but illegal, because wholly unauthorized by law.

Tbe decision of the county court was made, doubtless, on tbe authority of tbe opinion of Judge AlleN, In re Hermanee (71 N. Y., 481), and, indeed, it is justified by that opinion. But tbe remarks of Judge AlleN in that case, on which remarks tbe county court based its decision in tbis case, have been recently reviewed in tbe same court (In re New York Catholic Protectory),

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Related

National Bank of Chemung v. City of Elmira
53 N.Y. 49 (New York Court of Appeals, 1873)
Hermance v. Board of Supervisors
71 N.Y. 481 (New York Court of Appeals, 1877)

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Bluebook (online)
27 N.Y. Sup. Ct. 481, Counsel Stack Legal Research, https://law.counselstack.com/opinion/in-re-ulster-county-savings-bank-nysupct-1880.