Appellate Division of the Supreme Court of the State of New York May 11, 1897 (People ex rel. Bridgeport Savings Bank v. Barker)

RUMSEY, J.

It was determined in the case of People v. Barker (at this term) 45 N. Y. Supp. 811, that the amounts due from a savings bank to its depositors were debts which should be deducted from the amount of its gross assets to ascertain the net surplus for taxation.