The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1892-12-18
OF THE BANKS.
They Are Trying to Prove That
They Are Overtaxed.
The CASES NOW ON TRIAL.
Cruel Treatment Causes a Divorce
Suit.
A Small Verdict in a Big Case-one
Divorce Granted and Another APP
piled For-His Honor's Joke.
Court Notes.

The long delayed ard oft continued tax
cases of the banks against the city and
county collectors came before Judge Zane
yesterday. There were but two classes of
banks represen ted-national banks and
state banks-and likewise only two points
OF law for his honor to decide.
The national banks complain that their
shareholders were assessed for the full
cash value of the shares of stock respect
lively held by them, whereas real estate is
only assessed at about 60 per cent. of its
actual value. This, the national banks
claim, is unjust. They also protest
against certain mortgages in their posses
sion being taxed, and claim that such Sc
curities are exempt under the territorial
law
National banks are not allowed to loan
money on real estate, but in one or more
instances some of the banks have done so
in violation of the law, and in other in
stances they have discounted notes Sc
cured by mortgages. They also claim that
this class Of securities is exempt from
taxation, and pray that they may be re-
leved from the assessment.
The state banks simply al,ege that they
their capital stock and surplus, and ask
that they be allowed to deduct from the
amount of such assessment the sum rep
resented by their notes secured by real
estate and chattel mortgages, the latter
being exempt from taxation under the
law.
The cases were all taken up together
and although the entire day was spent
upon the hearing, they were not con-
cluded at the adjourning hour, and viii
be resumed tomorrow at 10 o. CLOCK.
SHORT ORDERS.
F. e. Barker ct al. VS.. Arthur Pratt,
auditor; demurrer to alternative writ of
mandamus sustained.
William Whitehill VS.. George A. Mears
ct al; demurrer 10 complaint sustained
and injunction 6lssolved; plaintiff ex-
cepts and gives notice of appeal.
In the case of the United States VS..
.. v. Diamond, under Indictment for
fraudulent use of the mails, the motion to
reduce bail from 81 COO to $500 was over
ruled.
Albert Holt ct al. vs. John W. Young
ct al; report OF referee adopted and con-
firmed and Judgment rem dered for plain
tiff.
Andrew C. Brixen vs.. John F. Free ct
al, twenty days stay allowed in which to
appeal.
United States National Bank of Port
land, Oregon, VS.. T. J. Angel ct al. de-
murrer to complaint overruled and ten
days to answer.
Thomas Bolton VS.. J. R. Parkinson;
demurrer withdrawn and leave to amend
instanter.
z. S. DeGolyer VS.. John A Shettle; de-
nlurrer TO answer withdrawn and ten days
10 answer.
Mary Waring vs.. Fred G. Leonard, col
lectoT; submitted upon an agreed state
ment Of facts.
Adam Duncan VS.. E. r. Clute, assessor;
by consent referred to Miss B. T. McA1as-
tiers to take testimony and report.
Sarah A. Crown ct al. vs.. E. r. Clute,
assessor; same order.
Edward L. Sheets rs. Milando Pratt ct
al; leave to amend complaint by altering
name of one defendant.
James Thompson VS.. Franklin G. Avery:
demurrer Withdrawn and leave to file an
swer.
". S. Henderson VS.. Charles w. Hig-
gins ct al; five days stay and further
leave to file bill OF exceptions.