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BANCORPORATION v. KORZEN

No. 47711.

64 Ill.2d 200 (1976)

355 N.E.2d 31

BANCORPORATION et al., Appellees, v. BERNARD J. KORZEN, County Treasurer, et al., Appellants.

Supreme Court of Illinois.

Opinion filed September 20, 1976.

Attorney(s) appearing for the Case

Bernard Carey, State's Attorney, of Chicago (Sheldon Gardner, Deputy State's Attorney, and Henry A. Hauser, Assistant State's Attorney, of counsel), for appellants.

William P. Colson, of Chicago (William J. Harte, Ltd., and Kevin M. Forde, Ltd., of counsel), for appellees.

Reversed and remanded.

MR. JUSTICE UNDERWOOD delivered the opinion of the court:

Plaintiffs are six corporations owning shares of capital stock of Illinois banks. For themselves, and on behalf of all other corporations and entities similarly situated, they filed in 1973 a three-count complaint against defendants in the circuit court of Cook County concerning the imposition of personal property taxes on their shares...

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