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  5. 33 N.Y.2d 968 (1974)
 

MATTER OF BANKERS TRUST CO. v. STATE TAX COMM'N

33 N.Y.2d 968 (1974)

In the Matter of Bankers Trust Company, Appellant, v. State Tax Commission, Respondent. (And Four Other Proceedings.) In the Matter of Bankers Trust Company, Appellant, v. Finance Administration of the City of New York et al., Respondents.

Court of Appeals of the State of New York.

Decided February 13, 1974.

Attorney(s) appearing for the Case

David Sachs, P. B. Konrad Knake and Richard A. Hoppe for appellants.

Louis J. Lefkowitz, Attorney-General (Robert W. Bush and Ruth Kessler Toch of counsel), for State Tax Commission, respondent.

Norman Redlich, Corporation Counsel (Samuel J. Warms, Isaac C. Donner and Raymond Herzog of counsel), for Finance Administration of the City of New York and others, respondents.

Chief Judge BREITEL and Judges JASEN, GABRIELLI, JONES, WACHTLER, RABIN and STEVENS concur in memorandum.

MEMORANDUM.

The orders of the Appellate Division should be affirmed, with costs. The court affirms on the authority of Matter of Bank of Manhattan Co. (Murphy) (293 N.Y. 515). While petitioner Banks make a cogent argument that section 4 of article XVI of the State Constitution should be reviewed in the light of its legislative history at the 1938 Constitutional Convention, the argument is insufficient to move the court...

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