BOARD OF EDUCATION v. CITIZENS FIDELITY BANK & T. CO.


263 S.W.2d 112 (1953)

BOARD OF EDUCATION OF LOUISVILLE v. CITIZENS FIDELITY BANK & TRUST CO. et al.

Court of Appeals of Kentucky.

December 18, 1953.


Attorney(s) appearing for the Case

Wm. T. Baskett, Louisville, for appellant.

James W. Stites, Louisville, for appellees.


STANLEY, Commissioner.

In accordance with KRS 418.020, the Board of Education of Louisville and all the Louisville banks and trust companies submitted to the circuit court, without formal action, a statement of facts and contentions of law with respect to the taxability of shares of bank stock under a levy of a special and additional rate for financing the acquisition, improvement or building of school property as provided by KRS 160.477, an Act of 1950, Ch. 142....

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