Proceedings of the ... Annual Conference, Volume 16The Association, 1924 Each volume beginning with volume 2, includes list of papers published in preceding volumes. |
Other editions - View all
Common terms and phrases
acre administration adopted amendment amount appeal Applause apportionment assessed assessor bankers basis bonds buildings burden bureau cent CHAIRMAN ADAMS committee companies conference Congress constitutional corporations cost decision delegates depreciation discussion dollars earnings excise tax exempt fact factors farm federal Fourteenth Amendment gentlemen Governor Lowden gross imposed income tax increase inheritance tax interest interstate commerce invested jurisdiction Laughter legislation legislature levied Lowden majority report Massachusetts matter ment method moneyed capital motion national banks National Tax Association net income North Dakota owner present provides public utilities purpose question railroad real estate reason resolutions revenue rule sale price sales tax session statute Supreme Court surtaxes tax commission tax commissioner tax law tax system tax-exempt securities taxable taxation taxpayer thing tion TOBIN United valuation vote West Virginia York Zangerle
Popular passages
Page 186 - Nothing 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...
Page 186 - State within which the association is located: but the legislature of each State may determine and direct the manner and place of taxing all the shares of national banking associations...
Page 189 - State, subject only to the two restrictions, that the taxation shall not be at a greater rate than is assessed upon other moneyed capital in the hands of individual citizens of such State...
Page 203 - State coming into competition with the business of national banks: Provided. That bonds, notes, or other evidences of indebtedness in the hands of individual citizens not employed or engaged in the banking or investment business and representing merely personal investments not made in competition with such business, shall not be deemed moneyed capital within the meaning of this section.
Page 187 - Nothing herein shall be construed to exempt the real property of associations from either State, county or municipal taxes, to the same extent, according to its value, as other real property is taxed...
Page 207 - Seventh. To exercise by its board of directors, or duly authorized officers or agents, all powers specifically granted by the provisions of this Act and such incidental powers as shall be necessary to carry on the business of banking within the limitations prescribed by this Act.
Page 187 - ... 3. Nothing herein shall be construed to exempt the real property of associations from taxation in any State or in any subdivision thereof, to the same extent, according to its value, as other real property is taxed. 4. The provisions of section 5219 of the Revised Statutes of the United States as...
Page 207 - To exercise by its board of directors or duly authorized officers or agents, subject to law, all such incidental powers as shall be necessary to carry on the business of banking; by discounting and negotiating promissory notes, drafts, bills of exchange, and other evidences of debt; by receiving deposits; by buying and selling exchange, coin, and bullion; by loaning money on personal security; and by obtaining, issuing, and circulating notes according to the provisions of this title.
Page 66 - Economists understand by the term MARKET, not any particular market place in which things are bought and sold, but the whole of any region in which buyers and sellers are in such free intercourse with one another that the prices of the same goods tend to equality easily and quickly1.
Page 12 - Friends, says he, and neighbors, the taxes are indeed very heavy, and if those laid on by the government were the only ones we had to pay, we might the more easily discharge them; but we have many others, and much more grievous to some of us. We are taxed twice as much by our IDLENESS, three times as much by our PRIDE, and four times as much by our FOLLY; and from these taxes the commissioners cannot ease or deliver us, by allowing an abatement.