Supreme Court of Connecticut April 12, 1983, 10534 (Lundy Electronics & Systems, Inc. v. Connecticut State Tax Commissioner)

Arthur H. Healey, J.

The plaintiff in this case, Lundy Electronics and Systems, Inc. (Lundy), is a foreign corporation. At the time that this action was instituted, it was also the owner of certain personal property1 which was placed in the Hartford National Bank in the city of Hartford. This property was exempt from local personal property taxes pursuant to General Statutes ■§ 12-121a.