Supreme Court of United States.
MR. JUSTICE WHITE delivered the opinion of the court.
The reasons given for our decree in the case of New Orleans v. Citizens' Bank, just decided, are decisive of this cause, which comes on error to the Supreme Court of the State of Louisiana. The controversy presented to that court was whether property bought in by the Citizens' Bank under foreclosure of its stock and stock loan mortgages became a part of its capital and as such was not liable to taxation...
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