SIEGELMAN v. CHASE MANHATTAN BANK

89-1020, 89-1104.

575 So.2d 1041 (1991)

Don SIEGELMAN, as Attorney General for the State of Alabama v. CHASE MANHATTAN BANK (USA), NATIONAL ASSOCIATION. CHASE MANHATTAN BANK (USA), NATIONAL ASSOCIATION v. Don SIEGELMAN, as Attorney General for the State of Alabama.

Supreme Court of Alabama.

January 11, 1991.


Attorney(s) appearing for the Case

David Cromwell Johnson, Sp. Asst. Atty. Gen., Birmingham, and Thomas Whitwell Bowron II of Polson, Jones, Bowron & Robbins, Birmingham, for appellant/cross-appellee.

William D. Coleman and Richard F. Allen of Capell, Howard, Knabe & Cobbs, Montgomery, and Andrew J. Noble III of Bradley, Arant, Rose & White, Birmingham, for appellee/cross-appellant.


HORNSBY, Chief Justice.

This case presents the question of whether the financial institution excise tax, levied pursuant to Ala.Code 1975, § 40-16-1 et seq., applies to the credit card business conducted by national banks located outside Alabama with Alabama residents. The trial court, relying on this Court's decision in Ex parte Dixie Tool & Die Co., 537 So.2d 923 (Ala.1988), held that because Alabama's financial...

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