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" Federal reserve banks, including the capital stock and surplus therein, and the income derived therefrom shall be exempt from Federal, State, and local taxation, except taxes upon real estate. "
McKinney's Consolidated Laws of New York Annotated: With Annotations from ... - Halaman 457
oleh New York (State) - 1916
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Cases Decided in the Court of Claims of the United States, Volume 107

United States. Court of Claims - 1947 - 806 halaman
...every Federal land bank and every national farm loan association, including the capital and reserve or surplus therein and the income derived therefrom, shall be exempt from Federal, State, municipal, and local taxation, except taxes upon real estate held, purchased, or taken by said bank...
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The Federal Reporter: Cases Argued and Determined in the ..., Volume 257-258

1919 - 2026 halaman
...whether such exclusion is required by section 7 of the Federal Reserve Act, which in terms exempts Federal Reserve Banks, including the capital stock...surplus therein, and the income derived therefrom, from federal, state, and local taxation, except taxes upon real estate, and section 26 of that act,...
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Reports ... Proceedings, Volume 37

Ohio State Bar Association - 1916 - 294 halaman
...every Federal land bank and every national farm loan association, including the capital and reserve or surplus therein and the income derived therefrom, shall be exempt from Federal, State, municipal, and local taxation, except taxes upon real estate held, purchased, or taken by said bank...
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Money and Banking Illustrated by American History, Rev. and Continued to the ...

Horace White - 1911 - 576 halaman
...stock, shall be paid to and become the property of the United States and shall be similarly applied. Federal reserve banks, including the capital stock...and local taxation, except taxes upon real estate. SEC. 8. Section fifty-one hundred and fifty-four, United States Revised Statutes, is hereby amended...
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Political Economy: Designed for Use in Catholic Colleges, High Schools and ...

Edmund J. Burke - 1913 - 502 halaman
...surplus fund until it amounts to 40 per cent of the paid-in capital stock of the federal reserve bank. Federal reserve banks, including the capital stock...surplus therein, and the income derived therefrom, are exempt from all taxes except taxes upon real estate. The Federal Reserve Board consists of seven...
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The Federal Reserve Act of 1913: History and Digest

Virginius Gilmore Iden - 1914 - 138 halaman
...stock, shall be paid to and become the property of the United States and shall be similarly applied. Federal reserve banks, including the capital stock...and local taxation, except taxes upon real estate. SEC. 8. Section fifty-one hundred and fifty-four, United States Revised Statutes, is hereby amended...
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Money and Banking

John Thom Holdsworth - 1914 - 464 halaman
...stock, shall be paid to and become the property of the United States and shall be similarly applied. Federal reserve banks, including the capital stock...and local taxation, except taxes upon real estate. 8EC. 8. Section fifty-one hundred and fifty-four. United States Revised Statutes, is hereby amended...
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California Red Book: Hillyers̓ Legal Manual, 1914

Curtis Hillyer - 1914 - 1628 halaman
...become the property of the United States and shall be similarly applied. Exemption from Taxation. — for the transportation of persons or property, and...relieved from the operation and requirements of this s § 8. Conversion of State Banks.— Section 5154, United States Revised Statutes, is hereby amended...
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The Federal Statutes Annotated: Containing All the Laws of the ..., Volume 10

United States - 1914 - 962 halaman
...stock, shall be paid to and become the property of the United States and shall be similarly applied. Federal reserve banks, including the capital stock...and local taxation, except taxes upon real estate. SEC. 8. Section fifty-one hundred and fifty-four, United States Revised Statutes, is hereby amended...
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The Federal Reserve Act: A Discussion of the Principles and Operations of ...

Clarence Walker Barron - 1914 - 232 halaman
...shall be similarly applied. Federal reserve banks, including the capital stock and sur- If 55 plus therein, and the income derived therefrom shall be...and local taxation, except taxes upon real estate. SEC. 8. Section fifty-one hundred and fifty-four, United States If 56 Revised Statutes, is hereby amended...
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