New York Court of Appeals
The Pratt Institute, Appellant v. the City of New York, Respondent
November 21, 1905183 N.Y. 151
Summary
The Court affirmed the dismissal of the Pratt Institute's claim for exemption from local taxation, holding that the 1896 General Tax Law impliedly repealed the special charter exemption and that such repeal does not violate the contract clause because the Constitution reserves the legislature's power to alter corporate charters.