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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... "
Circular - 91. lappuse
autors: United States. Farm Credit Administration - 1934
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United States Reports: Cases Adjudged in the Supreme Court, 308. sējums

United States. Supreme Court - 1940 - 894 lapas
...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 a reasonable fee to meet the expenses...
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Cases Decided in the Court of Claims of the United States, 107. sējums

United States. Court of Claims - 1947 - 806 lapas
...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." This Bank is organized under Section sixteen of the Federal Farm Loan Act, operates under the provisions...
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The Central Law Journal, 83. sējums

1916 - 502 lapas
...the discussion to follow that it is here set out in full. It is as follows: "Section 2(5. That every federal land bank and every national farm loan association,...reserve or surplus therein and the income derived be deemed and held to be instrumentalitie." of the Government of the United States, and as such they...
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Reports ... Proceedings, 37. sējums

Ohio State Bar Association - 1916 - 294 lapas
...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 from being included in the valuation...
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Congressional Serial Set

1915 - 990 lapas
...Sec. 28. That every Federal land bank and every farm loan association, including the capital stock and reserve or surplus therein, and the income derived therefrom, shall be exempt from Federal, /State, and local taxation, except taxes upon real estate held, purchased, or taken by the said bank under...
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Land Credits: A Plea for the American Farmer

Dick Thompson Morgan - 1915 - 328 lapas
...Section 29: " That every Federal land bank and every farm loan association, including the capital stock and reserve or surplus therein, and the income derived therefrom, shall be exempt from Federal, State, and local taxation, except taxes upon real estate held, purchased, or taken by the said bank under...
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Congressional Serial Set

1916 - 1420 lapas
...in the discussion to follow that it is here set out in full. It is as follows : SEC. 26. That every Federal land bank and every national farm loan association,...by said bank or association under the provisions of section eleven and section thirteen of this act. First mortgages executed to Federal land banks, or...
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Metric System in Export Trade: Report to the International High Commission ...

United States. National Bureau of Standards, Samuel Wesley Stratton - 1916 - 110 lapas
...That every Federal land bank and every national farri loan association, inclnding the capital stock and reserve or surplus therein and the income derived therefrom, shall be exempt from Federal, State, and local taxation, except taxes upon real estate held, purchased, or taken by said bank or association...
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United States Congressional Serial Set, 6904. izdevums

1916 - 1304 lapas
...That every Federal land bank and every national farm-loan association, Including the capital stock and reserve or surplus therein and the Income derived therefrom, shall be exempt from Federal, State, and local taxation, except taxes upon real estate held, purchased, or taken by said bank or association...
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The Federal Farm Loan Act

United States - 1916 - 32 lapas
...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 from being included in the valuation...
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