Supreme Court of North Carolina September 19, 1934 (Virginia-Carolina Joint Stock Land Bank of Norfolk v. Board of County Commissioners of Pasquotank County)

Stacy, C. J.

The liability to taxation of shares of stock in plaintiff bank was not’ decided in the Court below, nor is the question before us for decision.

The appeal presents a question of procedural law only. It is conceded that in the instant case the method prescribed by section 600, chapter 204, Public Laws 1933, for determining the value of bank stock for taxation, has not been followed.