 | Irving Browne - 1889 - 824 lapas
...of their ownership. This however is not a reasonable interpretation of the language of the section. The manifest intention of the law is to permit the...capital stock without regard -to their ownership. The proper inference is that the law permits, in the particular instance, the taxation of Whitbeck... | |
 | Robert Cushing Cumming - 1896 - 622 lapas
...the case of Bank of Redemption v. Boston, 125 US 60 (1888). The manifest intention of section 5219 is to permit the State in which a national bank is...subject to the limitations prescribed, all the shares of lts capital stock without regard to their ownership. The proper inference is, that the law permits... | |
 | Frederick Newton Judson - 1903 - 906 lapas
...the valuation of the shares of the bank.2 Thus in the case last cited the court said, at page 70: " The manifest intention of the law is to permit the...its capital stock without regard to their ownership. The proper inference is, that the law permits in the particular instance the taxation of the national... | |
 | Frederick Newton Judson - 1903 - 906 lapas
...of the shares of the bank. 1 * Thus in the case last cited the court said, at page 70: " Tinmanifest intention of the law is to permit the State in which...its capital stock without regard to their ownership. The proper inference is, that the law permits in the particular instance the taxation of the national... | |
 | John Melville Gould - 1904 - 326 lapas
...all its shares. Tappan v. Merchants' Nat. Bank, 19 Wall. 490. The manifest intention of this clause is to permit the State in which a national bank is located to tax, subject to the limitations of the section, all the shares of its capital stock without regard to their ownership. And national... | |
 | John Melville Gould - 1904 - 316 lapas
...permit the State in which a national bank is located to tax, subject to the limitations of the section, all the shares of its capital stock without regard to their ownership. And national banks owning the shares of the capital stock of another national bank, by reason of that... | |
 | Willis Seaver Paine - 1910 - 874 lapas
...Redemption r. Boston, 125 US 60, 31 L. ed. 689, 8 Sup. Ct. Rep. 772. 17. The intent of this section is to permit the State in which a national bank is located, to tax the shares of capital stock without regard to the residences of the owners of such shares; subject,... | |
 | 1901 - 890 lapas
...shares issued by a national banking association can not be taxed until TAXATION Continued. 10. The manifest intention of the law is to permit the...subject to the limitations prescribed, all the shares of iii capital stock without regard to their ownership; and, therefore, a national bank may be taxed upon... | |
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The manifest intention of the law is to permit the State in which a national bank is located to tax, subject to the limitations prescribed, all the shares of its capital stock without regard to their ownership. 