Samuel Nelson

“ Bradley v. The People
The question raised in this case came before us in the case of Van Allen v. The Assessors, [1] from New York, where the statute taxing the State banks was substantially like that of Illinois. We there held the tax unauthorized for the defect stated.
It was in that case attempted to be sustained on the same ground relied on here, that the tax on the capital was equivalent to tax on the shares, as respected the shareholders. ”