...capital, reserves and surplus, and its loans and income, shall, like wise be exempt from such taxation; except that any real property of the Corporation shall be subject to taxation to the same extent, according to its value, as other real property is taxed." 48 Stat. 128,...

...Interest from all taxation now or hereafter Imposed by the United States, any State, or any of tt» possessions of the United States, or by any local taxing authority, except (a) estate of inheritance taxes, and (b) graduated additional income taxes, commonly known as surtaxes,...

...Certificates are exempt from all taxation, present or future, imposed by the United States, any State or possessions of the United States, or by any local taxing authority except (a) estate or inheritance taxes and (b) income surtaxes and excess profits and war profits taxes, now...

...referred to in clause (b). Other exemptions P 2. The Company and said debenture banks, including their franchise and the capital and reserve or surplus thereof,...or by any local taxing authority, except that any of their real property shall be subject to state, county or municipal taxes to the same ex203 tent,...

...county, or municipal tax to the same extent, according to its value, as other real property is taxed. States, any State, or any of the possessions of the...or by any local taxing authority, except that any of their real property shall be subject to State, county, or municipal taxes to the same extent, according...

...municipal tax to the same extent, according to its value, as other real property is taxed. States, nny State, or any of the possessions of the United States,...or by any local taxing authority, except that any of their real property shall be subject to State, county, or municipal taxes to the same extent, according...

...hereafter imposed by the United States, any State, or any of the possessions of the United States, or any local taxing authority, except that any real property of the corporation shall he subject to State, county, or munic.[wl taxes to the same extent, according to Its value, as other...

...States, by any Territory, dependency, or possession thereof, ;or by any State, county, municipality, or local taxing authority; except that :any real property of the corporation shall be subject to State, Territorial, county, municipal, or local taxation to the same extent according to its value as other...

...States, by any Territory, dependency, or possession thereof, or by any State, county, municipality, or local taxing authority ; except that any real property of the corporation shall be subject to State, Territorial, county, municipal, or local taxation to the same extent according to its value as other...

...States, by any Territory, dependency, or possession thereof, or by any State, county, municipality, or local taxing authority ; except that any real property of the corporation shall be subject to State, Territorial, county, municipal, or local taxation to the same extent according to its value as other...