United States Reports, Vol. 168: Cases Adjudged in the Supreme Court at October Term, 1897 (Classic Reprint)
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Excerpt from United States Reports, Vol. 168: Cases Adjudged in the Supreme Court at October Term, 1897
In New Orleans v. Citizens' Bank, it was held that the final and unreversed judgment of a court in Louisiana of superior jurisdiction upon the issue, duly raised by the pleadings, whether the bank was exempt by contract with the State from taxes assessed against it for particular years, concluded that ques tion, as between the same parties and their representatives, in respect of taxes assessed against it for subsequent years. In that case the court said: The estoppel resulting from the thing adjudged does not depend upon whether there is the same demand in both cases, but exists, even although there be different demands, when the question upon which the recovery of the second demand depends has under identi cal circumstances and conditions been previously concluded by a judgment between the parties or their privies.
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