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... The Federal Farm-loan System in Operation - Page 249by Arne Clarence Wiprud - 1921 - 280 pagesFull view - About this book
| United States. Court of Claims - 1947 - 806 pages
...capital and reserve or surplus therein and the income derived therefrom, shall be exempt from Federal, State, municipal, and local taxation, except taxes...First mortgages executed to Federal land banks, or to joint stock land banks, and farm loan bonds issued under the provisions of this Act, shall be deemed... | |
| United States. Court of Claims - 1930 - 854 pages
...same legal status as the farm-loan bonds issued under the provisions of the act. Section 26 reads : " First mortgages executed to Federal land banks, or...farm-loan bonds issued under the provisions of this act, shall be deemed and held to be instrumentalities of the Government of the United States, and as... | |
| Ohio State Bar Association - 1916 - 294 pages
...capital and reserve or surplus therein and the income derived therefrom, shall be exempt from Federal, State, municipal, and local taxation, except taxes...First mortgages executed to Federal land banks, or to joint stock land banks, and farm loan bonds issued under the provision of this Act, shall be deemed... | |
| Dick Thompson Morgan - 1915 - 328 pages
...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 the provisions of Sections seven and fifteen of this Act. First mortgages executed... | |
| 1915 - 990 pages
...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 the provisions of sections seven and fifteen of this act. First mortgages executed... | |
| 1916 - 1304 pages
...and reserve or surplus therein and the Income derived therefrom, shall be exempt from Federal, State, and local taxation, except taxes upon real estate...Federal land banks, or to Joint-stock land banks, under the provisions of this act, shall be deemed and held to be Instrumentalities of the Government... | |
| United States - 1916 - 32 pages
...capital and reserve or surplus therein and the income derived therefrom, shall be exempt from Federal, State, municipal, and local taxation, except taxes...First mortgages executed to Federal land banks, or to joint stock land banks, and farm loan bonds issued under the provisions of this Act, shall be deemed... | |
| Herbert Myrick - 1916 - 248 pages
...capital and reserve or surplus therein and the income derived therefrom, shall be exempt from Federal, State, municipal, and local taxation, except taxes...First mortgages executed to Federal land banks, or to joint stock land banks, and farm loan bonds issued under the provisions of this Act, shall be deemed... | |
| 1916 - 1420 pages
...capital and reserve or surplus therein and the income derived therefrom, shall be exempt from Federal, State, municipal, and local taxation, except taxes...First mortgages executed to Federal land banks, or to joint stock land banks, and farm loan bonds issued under the provision of this act, shall be deemed... | |
| United States. National Bureau of Standards, Samuel Wesley Stratton - 1916 - 110 pages
...and reserve or surplus therein and the income derived therefrom, shall be exempt from Federal, State, and local taxation, except taxes upon real estate...this Act. First mortgages executed to Federal land hanks, or to joint stock land hanks, under the provisions of this Act, shall be deemed and held to... | |
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