...tax these national banks is, by the express words of the act of Congress (U. 8. Rev. Stat. § 5219), "subject to the restriction, that the taxation shall...in the hands of individual citizens of such State;" which restriction requires, and only requires, that the amount of tax imposed, and the system of assessment...

...State gets power to levy this tax, declares that State taxation of national bank stock " shall not be at a greater rate than is assessed upon ' other...in the hands of individual citizens of such State." Rev. St. § 5219. It is claimed that our tax law violates this rule by not allowing shareholders to...

...imposed by or under Slate authority for State, county, or municipal purposes, but not at greater rate than is assessed upon other moneyed capital in the hands of individual citizens of such State. And all the remedies provided by State laws for the collection of such taxes shall be ajrplicable thereto...

...enacts : * " The legislature of each State may determine and direct the manner and place of taxing all the shares of National banks located within said State,...in the hands of individual citizens of such State." An act of Assembly of Pennsylvania, of March 31st, 1870, with a view of giving eftect to this act of...

...February lOth, 1808, enacting that tb« legislature of each State may direct the manner of taxing all the shares of National banks located within said State,...taxation shall not be at a greater rate than is assessed upon uther moneyed capital in the hands of individual citizens of such State," and the act of the legislature...

...shares of State banks is the act of April 23d, 18GG, and by each of said acts it is provided that such taxation shall not be " at a greater rate than is...in the hands of individual citizens of such State." The two provisos of the forty-first section of the act of June 3d, 1864, respectively refer to different...

...located ; and the legislature of each State may determine and direct the manner and place of taxing all the shares of national banks located within said State,...individual citizens of such State : And provided always, Shares of non- That the shares of any national bank owned by non-residents of any resident«. State...

...imposed by authority of the State within which the association is located," with the qualification "that the taxation shall not be at a greater rate...in the hands of individual citizens of such State." The law of New York allows debt deductions in the valuation of " other moneyed capital in the hands...

...State, with other personal property, " subject only to the two restrictions that the taxation shall uot be at a greater rate than is assessed upon other moneyed...the hands of individual citizens of such State, and that the shares of any national bunking association owned by non-residents of any State shall be taxed...

...subject, and that now the power of State taxation over the shares of National banks is subject only to the restriction that the taxation shall not be...rate than is assessed upon other moneyed capital in the hands of individual citizens.* Having determined that Congress, in imposing conditions on the power...