 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.  Congressional Serial Set - Page 23by United States - 1916 - 50 pagesFull view - About this book
 | United States. Supreme Court - 1940 - 894 pages
...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...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... | |
 | United States. Court of Claims - 1930 - 854 pages
...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...from Federal, State, municipal, and local taxation." The farm-loan bonds are evidences of indebtedness of the joint-stock land banks. The farmers' notes... | |
 | United States. Court of Claims - 1947 - 806 pages
...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 or association under the provisions... | |
 | 1916 - 502 pages
...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...herein shall prevent the shares in any joint stock land bank from being included in the valuation of the personal property of the owner or holder of such shares,... | |
 | Ohio State Bar Association - 1916 - 294 pages
...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 or association under the provisions... | |
 | Dick Thompson Morgan - 1915 - 328 pages
...for the issue of farm loan bonds 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, and local taxation." " Farm loan bonds issued under the provisions of this Act and the income derived... | |
 | 1915 - 990 pages
...for the issue of farm loan bonds 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, and local taxation. Farm loan bonds issued under the provisions of this act and the income derived... | |
 | 1916 - 1420 pages
...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...shall be exempt from Federal, State, municipal, and lijcal taxation: Nothing herein shall prevent the shares in any joint stock land bank from being included... | |
 | 1916 - 1304 pages
...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, and local taxation. Farm loan bonds Issued under the provisions of this act and the Income derived... | |
 | United States. National Bureau of Standards, Samuel Wesley Stratton - 1916 - 110 pages
...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 and local taxation. Farm loan bonds issued under the provisions of this Act and the income derived... | |
| |
