Strafford National Bank v. Dover

Supreme Court of New Hampshire

Strafford National Bank v. Dover

58 N.H. 316

Supreme Court of New Hampshire·Decided June 5, 1878·Published

Opinion

Doe, C. J.

The surplus fund which a national bank is required, by IT. S. Gen. St., s. 5199, to reserve from its net profits, is not excluded in the valuation of its shares for taxation. F. N. Bank v. Peter-borough,, 56 N. II. 88; N. Bank v. Com., 9 Wall. 858; People v. Com’rs, 67 N. Y. 516 ; S. 0., 94 U. S. 415.

Petition denied.

Foster, J., did not sit.

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Doe, C. J.

The surplus fund which a national bank is required, by IT. S. Gen. St., s. 5199, to reserve from its net profits, is not excluded in the valuation of its shares for taxation. F. N. Bank v. Peter-borough,, 56 N. II. 88; N. Bank v. Com., 9 Wall. 858; People v. Com’rs, 67 N. Y. 516 ; S. 0., 94 U. S. 415.

Petition denied.

Foster, J., did not sit.

Strafford National Bank v. Dover, 58 N.H. 316 (N.H. 1878).

Pincite

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Opinion

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