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Quotation from Veazie Bank v. Fenno by Supreme Court of the United States

“It is, simply, a mode by which the powers or faculties of the States, to incorporate banks, are subjected to taxation, and, which, if maintainable, may annihilate those powers.”

Supreme Court of the United States

Veazie Bank v. Fenno, Dissent of Justice Nelson (U.S. Reports text (Wikisource))

Portrait of Supreme Court of the United States

Justice Nelson, joined by Justice Davis, characterizes the tax as an attack on a reserved power of the states.

Citation: "It is, simply, a mode by which the powers or faculties of the States, to incorporate banks, are subjected to taxation, and, which, if maintainable, may annihilate those powers." — Supreme Court of the United States, Veazie Bank v. Fenno, Dissent of Justice Nelson (U.S. Reports text (Wikisource)). (id veazie-bank-v-fenno-q5)

Portrait: Mathew Brady, Portrait of Secretary of the Treasury Salmon P. Chase, officer of the United States government (1860–1865, full version) (1), Mathew Benjamin Brady, Public domain.

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Quote card: It is, simply, a mode by which the powers or faculties of the States, to incorpo