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" 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. "
Federal Farm Loan Act, with Amendments and Farm Mortgage and Farm Credit Acts - Seite 157
von United States - 1971
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United States Reports: Cases Adjudged in the Supreme Court, Band 308

United States. Supreme Court - 1940 - 894 Seiten
...provides that first mortgages executed to Federal Land Banks shall be deemed "instrumentalities of the Government of the United States, and as such they...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, Band 107

United States. Court of Claims - 1947 - 806 Seiten
...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 such they...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, Band 83

1916 - 502 Seiten
...and 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...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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Reports ... Proceedings, Band 37

Ohio State Bar Association - 1916 - 294 Seiten
...loan bonds issued 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...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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Land Credits: A Plea for the American Farmer

Dick Thompson Morgan - 1915 - 328 Seiten
...eligible as security 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...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...
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Congressional Serial Set

1915 - 990 Seiten
...eligible as security 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...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...
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The Federal Farm Loan Act

United States - 1916 - 32 Seiten
...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 such they...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

1916 - 1420 Seiten
...loan bonds issued 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...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...
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Congressional Serial Set, Ausgabe 7092

United States - 1916 - 60 Seiten
...provisions of this Act, shall be deemed and held to be instrumentalities of the Government come therefrom. of the United States, and as such they and the income...from Federal, State, municipal, and local taxation. Nothing herein shall prevent the shares in any joint stock land shareholders in joint bank from being...
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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 Seiten
...stock land hanks, 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...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...
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