In re Opinion of the Justices

• Court: Supreme Court of New Hampshire
• Citation: 76 N.H. 609,85 A. 757
• Decision Date: 24 January 1913
• Parties: In re OPINION OF THE JUSTICES.

85 A. 757
76 N.H. 609

In re OPINION OF THE JUSTICES.

Supreme Court of New Hampshire.

Jan. 24, 1913.

Opinion of the Justices on questions submitted to them by Hon. William J. Britton, Speaker of the House of Representatives.

January 20, 1913, the following communication was addressed to the Justices of the Supreme Court by Hon. William J. Britton, Speaker of the House of Representatives:

"Whereas, the question was raised during the constitutional convention of 1912 as to the validity, under the Constitution, of chapter 108 of the Laws of 1895, relating to the taxation of savings banks; and whereas, a like question was raised in regard to chapter 83 of the Laws of 1911, relating to the taxation of money on hand or at interest; and whereas, the House of Representatives has under consideration a proposed bill to exempt from taxation standing wood and timber to the extent of 25 per cent. of its just and true value:

"Now, therefore, pursuant to a resolution adopted by the House of Representatives on Tuesday, January 14, 1913, I respectfully ask that you render an opinion as soon as possible as to whether the abovementioned laws or proposed law violate any portion of the Constitution of the state of New Hampshire."

To Hon. William J. Britton, Speaker of the House of Representatives:

The undersigned, the Justices of the Supreme Court, in reply to your request of the 20th instant, made by direction of the House, for our opinions as to the constitutional validity of two chapters of the Session Laws and of a proposed enactment of the Legislature, respectfully submit the following:

Chapter 108 of the Laws of 1895, the first enactment to which the inquiry relates, together with section 5, c. 65, of the Public Statutes, was repealed in terms by chapter 194 of the Laws of 1911. The act of 1895 amended the Public Statutes by excluding from consideration, in determining the savings bank tax, loans secured by mortgage upon real estate situated in the state, made at a rate not exceeding 5 per cent. per annum. The chapter of the Laws of 1911 relating to the taxation of money on hand or at interest (chapter 83) makes the same exemption in the taxation of the property of individuals.

We understand, therefore, the first question upon which our opinion is desired to be whether the Constitution requires all property to be taxed. The second inquiry is as to the validity of the proposed act providing for the taxation of a class of property at only 75 per...