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" Federal reserve banks, including the capital stock and surplus therein and the income derived therefrom, shall be exempt from Federal, State, and local taxation, except taxes upon real estate. "
The Federal Reserve: A Study of the Banking System of the United States - Seite 327
von Henry Parker Willis - 1915 - 342 Seiten
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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
...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...
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The Federal Reporter: Cases Argued and Determined in the ..., Bände 257-258

1919 - 2026 Seiten
...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,...
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Reports ... Proceedings, Band 37

Ohio State Bar Association - 1916 - 294 Seiten
...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...
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Money and Banking Illustrated by American History, Rev. and Continued to the ...

Horace White - 1911 - 576 Seiten
...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...
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Political Economy: Designed for Use in Catholic Colleges, High Schools and ...

Edmund J. Burke - 1913 - 502 Seiten
...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...
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The Federal Reserve Act of 1913: History and Digest

Virginius Gilmore Iden - 1914 - 138 Seiten
...stock, shall be paid to and become the property of the United States and shall be similarly applied. Federal reserve banks, including the capital stock...local taxation, except taxes upon real estate. SEC. 8. Section fifty-one hundred and fifty-four, United States Revised Statutes, is hereby amended to read...
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The Federal Statutes Annotated: Containing All the Laws of the ..., Band 10

United States - 1914 - 962 Seiten
...stock, shall be paid to and become the property of the United States and shall be similarly applied. Federal reserve banks, including the capital stock...local taxation, except taxes upon real estate. SEC. 8. Section fifty-one hundred and fifty-four, United States Revised Statutes, is hereby amended to read...
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The Operation of the New Bank Act

Thomas Conway (Jr.), Ernest Minor Patterson - 1914 - 452 Seiten
...stock, shall be paid to and become the property of the United States and shall be similarly applied. Federal reserve banks, including the capital stock...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...
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Money and Banking

John Thom Holdsworth - 1914 - 464 Seiten
...stock, shall be paid to and become the property of the United States and shall be similarly applied. Federal reserve banks, including the capital stock...and local taxation, except taxes upon real estate. 8EC. 8. Section fifty-one hundred and fifty-four. United States Revised Statutes, is hereby amended...
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California Red Book: Hillyers̓ Legal Manual, 1914

Curtis Hillyer - 1914 - 1628 Seiten
...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...
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