Court Opinion

ID: 9841720
Source: CourtListenerOpinion
Date Created: 2023-09-22 20:02:26.538285+00
Date Added: 2024-06-11T09:04:15.147164
License: Public Domain

Me. Chief Justice Waite
dissenting.
I feel compelled to withhold my assent to this judgment. There can be no doubt that the shares of this bank were overvalued as compared with other property in the city; but if a State provides by a valid law for the valuation of property for taxation, and furnishes appropriate tribunals for the correction of errors before a tax is assessed if complaint is made, I think it is not within the power of a court of equity to enjoin the collection of the tax simply because of an inequality in valuation,— and this as well when the error arises from the adoption by the valuing officers of a wrong rule applicable to many cases, as from a mistake in judgment as to a single case. The valuation as finally fixed by the proper officers, or equalizing *164board, under the law, is, in ray opinion, conclusive when there has been no fraud. As it seems to me, this case comes within the operation of this principle.