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" Act, shall be deemed and held to be instrumentalities of the Government of the United States, and as such they and the income derived therefrom shall be exempt from Federal, State, municipal, and local taxation. "
Newspaper Charges Against Senator Underwood in Connection with the Muscle ... - Halaman 10
oleh United States. Congress. Senate. Committee on the Judiciary - 1924 - 60 halaman
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United States Reports: Cases Adjudged in the Supreme Court, Volume 308

United States. Supreme Court - 1940 - 894 halaman
...first mortgages executed to Federal Land Banks shall be deemed "instrumentalities of the Government of the United States, and as such they and the income...derived therefrom shall be exempt from Federal, State, municipal, and local taxation." 39 Stat. 360, 380. We held that the state tax, as distinguished from...
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Cases Decided in the Court of Claims of the United States, Volume 69

United States. Court of Claims - 1930 - 854 halaman
...under the provisions of this act, shall be deemed and held to be instrumentalities of the Government of the United States, and as such they and the income...derived therefrom shall be exempt from Federal, State, municipal, and local taxation." The farm-loan bonds are evidences of indebtedness of the joint-stock...
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The Central Law Journal, Volume 83

1916 - 502 halaman
...surplus therein and the income derived be deemed and held to be instrumentalitie." of the Government of the United States, and as such they and the income...derived therefrom shall be exempt from federal, state, municipal, and local taxation. ''Nothing herein shall prevent the shares in any joint stock land bank...
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Reports ... Proceedings, Volume 37

Ohio State Bar Association - 1916 - 294 halaman
...under the provision of this Act, shall be deemed and held to be instrumentalities of the Government of the United States, and as such they and the income...derived therefrom shall be exempt from Federal, State, municipal, and local taxation. "Nothing herein shall prevent the shares in any joint stock land bank...
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Money and Banking Illustrated by American History, Rev. and Continued to the ...

Horace White - 1911 - 576 halaman
...shall be similarly applied. 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. SEC. 8. Section fifty-one hundred and fifty-four, United States Revised...
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The Federal Reserve Act of 1913: History and Digest

Virginius Gilmore Iden - 1914 - 138 halaman
...shall be similarly applied. 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. SEC. 8. Section fifty-one hundred and fifty-four, United States Revised...
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California Red Book: Hillyers̓ Legal Manual, 1914

Curtis Hillyer - 1914 - 1628 halaman
...Exemption from Taxation. — Federal reserve banks, including the capital stock and surplus therein, < z 7 | Yه Z : { WW ^ G ?9 { g ?~ O[ q } A ? = z 7 q except taxes upon real estate. § 8. Conversion of State Banks.— Section 5154, United States Revised...
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The Federal Reserve Act: A Discussion of the Principles and Operations of ...

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

John Thom Holdsworth - 1914 - 464 halaman
...shall be similarly applied. 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. 8EC. 8. Section fifty-one hundred and fifty-four. United States Revised...
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The Federal Reserve Act of 1913: History and Digest

Virginius Gilmore Iden - 1914 - 128 halaman
...shall be similarly applied. 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. SEC. 8. Section fifty-one hundred and fifty-four, United States Revised...
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