KEY BANK-TAX SUIT LOOMS FOR STATE; Local Levies on a National Institution Are at Issue in Liberty National Case ALBANY APPEAL IS DUE Wide Impact Across Nation Expected if Immunity is Upheld by Top Court
Question of whether Liberty Natl Bank & Trust (Buffalo) is exempt from state and county sales taxes because it has Fed charter, as Appellate Div ruled, to be argued in Appeals Ct; natl implications seen; Supt Wille sees case significant on issue of competitive disadvantage of state-chartered banks; will seek legis to end 'special benefits,'