Samuel Freeman Miller

“ Ohio, enacts that an annual county board for the equalization of the real and personal property, moneys, and credits in each county, exclusive of cities of the first and second class, shall be composed of the county commissioner and county auditor, who shall meet at the office of the latter in each county on the Wednesday after the third Monday in May, annually. It is provided that this board shall have power to hear complaints, and to equalize the valuation of all real and personal property, moneys, and credits within the county. ”

“ While it is not an absolute necessity that this method should result in a discrimination against the national banks, it is one of the probabilities, as has happened in this case, that it may produce such a result which shall be unfavorable to those institutions. ”

“ A decree was entered in accordance with the opinion of the circuit judge, enjoining the collection of the amount represented by the difference between 60 and 65 per centum of the actual value of the stock, and granting the relief asked for by the shareholders who claimed a deduction on account of their indebtedness, except as to three of them. ”