New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1866-10-18
THE BANK-TA& CASES.
DECISION OF THE COURT oP APPEALS.

DECISION OF THE COURT OF APPEALS.
The following is the form of the orders entered in
the cases brought by the banks o this city their liability
20 pay the imposed them by the Act OF last April 1t
win by the form Of the decree tina, every point taken By
People State ofNewYort the relation Of App:l
uis The Commandments q Tsis, aud Ase''H'en' III the
The appeal in this having been argued by - Of
for the defendants resi- odea and due dcaiion being had
thereon 4 Is ordered that the pdgmen, 81 ss SGpsm D
with costs 10 the defendants respondents
And the rclaor having claimed exemption from the taxation
mentioned in the record IN this under aud b! virtue
of the eighth section Of article Of the Constitution
authorize the issue Of United States NOTES and for
the redemption funding thereof aud funding the coating
also under and by virtue Of act Of Congress entitled An
act supplementary entitled Act provide ways
for support the Government approved March
D. 1903 mud also by Virtue Of the provisions Of an act Coz
grcss entitled An Act provide national currency secured
y pledge Of the United States stocks and TO provide for the
ejaculation aud redemption thereof approved February
-, 1853; and also by virtue Of the provisions oil
an act Of Congress entitled An Act to provide ma
ona currency secured by pledge Of Tinted Sta bonds
provide for the circulation aud redemption thereof aP
proved June g. s6i and the several ofCongrs additional
Ia and nmcndalory thereof the ground that the capital stock
Of said bank In ths respect mentioned ~ sold record j. in
vested la the public debt Of the United States also on the
ground thai said tex is prohibited Wy said section eight article
that the said tex is prohted by the yroyiros Of the several
acts Of Congress before leg9ed ao on The ground n
lax Is prohibited by the Conuation - $50
Sthtcs and also The gouSd th.i sad tax Of greater
rate than esscscd upon other moncycd capital M the
hands Of Judi, idual ciii,.ns Of the State Of New
loik and the ground that the assssmet n tie record
complained Of not made In conformity ii tie Laws OF inc
State Of New York with the acts Congress before men
toned And the validity of the authority claimed by shd re-
poldcrs under the provisions of an act OF The Legislature oil
he Of New Yor entitled I'm Act authorizing de Taxa
on Of sockbo of hanks aud tho pits funds OF savings
Banks passed April 20 lsG to impose the mentioned ~
said record being drawn in question is certified that
the iudgscgt Of this Court is against the said tlh'of
the appellant and y against Che exception right privilege or
exemption claimed by him under and by virtue Of ai pro-
visions of the Constitution Of the United States and tho s rihl
acts Congress before referred TO- and m OF the Na ni
cs New ORR state and the construction Of Oh. cs
section article Of the Consultation Of the nited STATES
and fc several Of Congress before mconrd bcuV drawn
in question: 10 IL further certified that The judgment 81 ts
eonrf u against the right PRIV ilege exception c,rhon
specially claimed By said rentOr ile appellant n1ci ahl
cfon ofthc Constitution Of tie United aud the several
acts OF Congress before mentioned.