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" That 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... "
United States Congressional Serial Set - Pàgina 121
1913
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Cases Decided in the Court of Claims of the United States, Volum 107

United States. Court of Claims - 1947 - 806 pàgines
...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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Reports ... Proceedings, Volum 37

Ohio State Bar Association - 1916 - 294 pàgines
...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 pàgines
...States and 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 Statutes,...
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Money and Banking, Illustrated by American History

Horace White - 1911 - 526 pàgines
...Association shall be located in each district. The Reserve Association and its branches shall be exempt from state and local taxation, except in respect to taxes upon real estate owned by it. CAPITAL Only national banks of the classes hereinafter provided for may subscribe to the...
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Suggested Plan for Monetary Legislation

Nelson Wilmarth Aldrich - 1911 - 30 pàgines
...7. The National Reserve Association and its branches and the local associations shall be exempt from State and local taxation, except in respect to taxes upon real estate. OFFICERS AND DIRECTORS. (A) DIRECTORS OF LOCAL ASSOCIATIONS. 8. Each local association shall elect...
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The Lure of the Land: Farming After Fifty

Harvey Washington Wiley - 1912 - 458 pàgines
...notes and bonds secured thereby) held by said bank and the national land-bank bonds issued by the same shall be exempt from Federal, State, and local taxation, except in respect to taxes upon real estate. RESTRICTION ON THE USE OF BORROWED MONEY. Another important provision, which has already been referred...
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Pending Banking Legislation: Letters by Officers of the National City Bank ...

First National City Bank of New York - 1913 - 88 pàgines
...shall be paid to the United States. Every Federal reserve bank incorporated under the terms of this Act shall be exempt from Federal, State, and local taxation,...in respect to taxes upon real estate. SEC. 8. That any national banking association heretofore organized may at any time within one year from the passage...
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Banking and Currency: Hearings Before the Committee on Banking and ..., Part 1

United States. Congress. Senate. Committee on Banking and Currency - 1913 - 988 pàgines
...Federal reserve bank incorporated under the terms of this act and the stock therein held by member banks shall be exempt from Federal, State, and local taxation, except in respect to taxes upon real estate. SECTION 8. That any national banking association heretofore organized may upon application at any time...
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American Building Association News: Official Organ United States ..., Volum 34

1914 - 626 pàgines
...notes and bonds secured thereby) held by said bank and the national land-bank bonds issued by the same shall be exempt from federal, state and local taxation, except in respect to taxes upon real estate." If the above provision is enacted into law there is no doubt that national farm-land banks will at...
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Money and Banking

John Thom Holdsworth - 1914 - 464 pàgines
...States and 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 Statutes,...
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