46 La. Ann. 542 | La. | 1894
The opinion of the court was delivered by
The plaintiff, liquidator of the late Southern National Bank, instituted this suit to restrain the city of New Orleans from collecting a tax of ten thousand two hundred and eight dollars, assessed against the shareholders of said bank.
The averments in plaintiff’s petition are that, under the laws of the United States and the laws of the State of Louisiana, the assessment should have been against the shareholders individually and by name, showing the amount of taxes due by each shareholder, and to deduct the same from the interegt of the shareholder in the bank; that the Board of Assessors in making the assessment violate the laws of the United States and of this State, as they made the assessment for five hundred and ten thousand four hundred dollars against the shareholders in block and against the Southern National Bank for account of the shareholders.
The city answered by a general denial and prayed for the dissolution of the injunction, with statutory damages.
There was judgment for plaintiff as prayed for. The city appealed,
Sec. 27 of Act 106 of 1890, under which said assessment was made, is as follows: “ That no assessment shall hereafter be made under that name, of the capital stock of any national bank, State
On page 24 of the assessment book the shares are assessed:
“ Southern National Bank, square 227, Varieties and Gravier street; No. of shares, 500.000; value of each share, $102.08; total value of shares, $510,400.”
On the bottom of the page are memoranda showing by what process of calculation the value of each share was ascertained.
On page 124 of the book is a “ List of shareholders of the Southern National Bank.” This is followed by the name of each shareholder, with the number of shares owned by him, the value of each share and the total value of all the shares owned by him, assessed to him and opposite his name in the appropriate columns.
The shares, therefore, are not assessed to the bank in block, but to the individual shareholders.
The book, or volume 1, is the assessment roll, on which the assessment of the shares is entered. The roll is an entirety, and the assessment of the shares does not appear on a list separate or apart from the roll.
Mechanically, the assessment roll might have been more artistic, and somewhat more convenient, by arranging the list of shareholders on page 24, immediately following the memoranda of “shareholders of the Southern National Bank,” and the tabulated statement following, instead of preceding this list. But it is not apparent how or in what manner the bank has suffered injury by this arrangement.
The assessment is a substantial compliance with ' the law, and although on the book there is no extended space for the insertion of the tax against each shareholder, yet the value of the share is the basis for the apportionment of the tax on the shares on the tax roll.
The omission of the tax on the assessment roll will not increase the tax-when extended on the tax roll; and, as the mere agent of
We do not find, however, in Act 106 of 1190 any provision making it the dnty of the assessor to extend, in a separate column, the tax assessed against the property. This is done on the tax roll.
It is therefore ordered, adjudged and decreed that the judgment appealed from be annulled, avoided and reversed, and it is now ordered that the injunction sued out herein be dissolved and set aside, without damages, plaintiff to pay costs of appeal.
