# Virginia-Carolina Joint Stock Land Bank of Norfolk v. Board of County Commissioners of Pasquotank County

> Supreme Court of North Carolina · September 19, 1934 · 207 N.C. 50

URL: https://www.frixlaw.com/law-library/cases/3673321

## Case

- **Full name:** VIRGINIA-CAROLINA JOINT STOCK LAND BANK OF NORFOLK v. BOARD OF COUNTY COMMISSIONERS OF PASQUOTANK COUNTY Et Al.
- **Court:** Supreme Court of North Carolina
- **Decided:** September 19, 1934
- **Citations:** 207 N.C. 50; 175 S.E. 705; 1934 N.C. LEXIS 379
- **Precedential status:** Published
- **Opinion:** Opinion of the court by Stacy
- **Judges:** Stacy
- **Cited by:** 0 later opinions in the Frix Law Library

## Citator (automated)

- No negative treatment found by the automated citator. That is not the same as a confirmation that the case is good law; read the citing cases.
- Full citator and citing cases: https://www.frixlaw.com/law-library/cases/3673321

## Opinion text

Stacy, C. J.
The liability to taxation of shares of stock in plaintiff bank was not’ decided in the Court below, nor is the question before us for decision.
The appeal presents a question of procedural law only. It is conceded that in the instant case the method prescribed by section 600, chapter 204, Public Laws 1933, for determining the value of bank stock for taxation, has not been followed.
Rockingham v. Hood, Comr.,
204 N. C., 618 , 169 S. E., 191 ;
Mfg. Co. v. Comrs. of Pender,
196 N. C., 744 , 147 S. E., 284 . The injunction, therefore, was properly continued to the hearing.
The cases cited and relied upon by defendants are distinguishable, in that they deal with species of property other than shares of stock in banks, banking associations, and trust companies, segregated for special consideration or administration under the Machinery Act.
Affirmed.

---

Source: Frix Law Library, https://www.frixlaw.com/law-library/cases/3673321. Public record. Not legal advice.