Supreme Court of the United States January 30, 1865 (Bank Tax Case)

Mr. Justice NELSON

delivered the opinion of the court.

The question-involved is,-whether or not the stock of the United States, in -which the capital of the Bauk of the Com-' monwealth is invested, is liable to taxation by the State of New York, under an act passed by its legislature -29th of April, 1863,' or, to state the question more directly, whether or not that act imposes a tax upon these