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LATHAM vs. BOARD OF ASSESSORS (Detroit)

Michigan Supreme Court1892-05-11No. No. 12713
1 McGrath 130391 M., 509

Authorities cited

No cited authorities resolved to law.co cases yet.

Opinion

majority opinion

To compel the assessment of real estate mortgages held by the Central Savings Bank of Detroit, as real estate, and to deduct the value of the same from the capital stock of the bank. Granted May 6, 1892. Opinion filed May 11, 1892.

The court held it immaterial that the mortgages provided for the payment of the tax by the mortgagor. See 91 M., 78. Id. 517.