 Federal reserve bank be dissolved or go into liquidation, any surplus remaining, after the payment of all debts, dividend requirements as hereinbefore provided, and the par value of the stock, shall be paid to and become the property of the United States...  Money and Banking - Page 450by John Thom Holdsworth - 1917 - 511 pagesFull view - About this book
 | United States. Court of Claims - 1947 - 806 pages
...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, except taxes upon real estate held, purchased, or taken by said bank... | |
 | 1919 - 2026 pages
...whether such exclusion is required by section 7 of the Federal Reserve Act, which in terms exempts Federal Reserve Banks, including the capital stock...surplus therein, and the income derived therefrom, from federal, state, and local taxation, except taxes upon real estate, and section 26 of that act,... | |
 | Ohio State Bar Association - 1916 - 294 pages
...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, except taxes upon real estate held, purchased, or taken by said bank... | |
 | Horace White - 1911 - 576 pages
...the United States as a franchise tax. The regional banks, including the capital stock and surplus, shall be exempt from federal, state, and local taxation, except taxes upon real estate. The control of the whole system is vested in a Federal Reserve Board consisting of seven members, including... | |
 | Edmund J. Burke - 1913 - 502 pages
...surplus fund until it amounts to 40 per cent of the paid-in capital stock of the federal reserve bank. Federal reserve banks, including the capital stock...surplus therein, and the income derived therefrom, are exempt from all taxes except taxes upon real estate. The Federal Reserve Board consists of seven... | |
 | Thomas Conway (Jr.), Ernest Minor Patterson - 1914 - 448 pages
...to the Federal reserve bank, and the balance, if any, shall be paid to the receiver of the involvent bank. Whenever the capital stock of a Federal reserve...and local taxation, except taxes upon real estate. SF.C. 8. Section fifty-one hundred and fifty-four. TInited States Revised Statutes, is hereby amended... | |
 | Thomas Conway (Jr.), Ernest Minor Patterson - 1914 - 452 pages
...Currency showing such reduction of capital stock and the amount repaid to such bank. DIVISION or EABNINQS SEC. 7. After all necessary expenses of a Federal...and local taxation, except taxes upon real estate. Sr.c. 8. Section fifty-one hundred and fifty-four, United States Revised Statutes, is hereby amended... | |
 | Clarence Walker Barron - 1914 - 232 pages
...shall be similarly applied. Federal reserve banks, including the capital stock and sur- If 55 plus therein, and the income derived therefrom shall be...Section fifty-one hundred and fifty-four, United States If 56 Revised Statutes, is hereby amended to read as follows: Any bank incorporated by special law... | |
 | Curtis Hillyer - 1914 - 1628 pages
...become the property of the United States and shall be similarly applied. Exemption from Taxation. — for the transportation of persons or property, and...relieved from the operation and requirements of this s § 8. Conversion of State Banks.— Section 5154, United States Revised Statutes, is hereby amended... | |
 | Alonzo Barton Hepburn - 1915 - 588 pages
...without impairment of its liability, and all cash-paid subscriptions on said stock, with one-half of one per centum per month from the period of last dividend,...and local taxation, except taxes upon real estate. CONVERSION TO NATIONAL BANKING ASSOCIATION SEC. 8. Section fifty-one hundred and fifty-four, United... | |
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