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" That 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... "
Circular - Seite 91
von United States. Farm Credit Administration - 1934
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United States Reports: Cases Adjudged in the Supreme Court, Band 308

United States. Supreme Court - 1940
...Land Banks shall be deemed "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." 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 United States Court of Claims, Band 107

United States. Court of Claims - 1947
...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." This Bank is organized under Section sixteen of the Federal Farm Loan Act, operates under the provisions...
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Proceedings of the ... Annual Session of the Association ..., Band 37

Ohio State Bar Association - 1916
...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. "Nothing herein shall prevent the shares in any joint stock land bank from being included in the valuation...
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United States Congressional Serial Set

1915
...Sec. 28. That every Federal land bank and every farm loan association, including the capital stock and reserve or surplus therein, and the income derived therefrom, shall be exempt from Federal, /State, and local taxation, except taxes upon real estate held, purchased, or taken by the said bank under...
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Land Credits: A Plea for the American Farmer

Dick Thompson Morgan - 1915 - 299 Seiten
...Section 29: " That every Federal land bank and every farm loan association, including the capital stock and reserve or surplus therein, and the income derived therefrom, shall be exempt from Federal, State, and local taxation, except taxes upon real estate held, purchased, or taken by the said bank under...
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Congressional Serial Set

1916
...in the discussion to follow that it is here set out in full. It is as follows : SEC. 26. That every Federal land bank and every national farm loan association,...by said bank or association under the provisions of section eleven and section thirteen of this act. First mortgages executed to Federal land banks, or...
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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 - 80 Seiten
...That every Federal land bank and every national farri loan association, inclnding the capital stock and reserve or surplus therein and the income derived therefrom, shall be exempt from Federal, State, and local taxation, except taxes upon real estate held, purchased, or taken by said bank or association...
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United States Congressional Serial Set

1916
...That every Federal land bank and every national farm-loan association, Including the capital stock and reserve or surplus therein and the Income derived therefrom, shall be exempt from Federal, State, and local taxation, except taxes upon real estate held, purchased, or taken by said bank or association...
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The Federal Farm Loan Act, Approved July 17, 1916 ...: With Marginal Notes ...

United States - 1916 - 50 Seiten
...held to be instrumentalities of the Government come therefrom. of the United States, and as such they and the income derived therefrom shall be exempt 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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The Federal Farm Loan System, New Method of Farm Mortgage Finance, Under ...

Herbert Myrick - 1916 - 239 Seiten
...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." Sound in Principle. This total exemption from taxation of every dollar invested in the federal farm...
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