Report for the Biennium

Report for the Biennium

List price: US$7.53

Currently unavailable

Add to wishlist

AbeBooks may have this title (opens in new window).

Try AbeBooks

Description

This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1907 edition. Excerpt: ... as soon as the holder thereof shall become entitled to make final proof of his claim." This provision of the section of the law is based largely upon the holding of the supreme court of this state in the case of G1'afl" v.'Ackerman, 38 Neb. 720, which is as follows: "When land has been fully earned or paid for, so that the clerical act' of issuing the patent only is required in order to invest the purchaser or donee with the full legal title thereto, the 'jurisdiction of the state attaches, and it is taxable like other property; but where the conditions of the purchase or donation have not been performed, and the general government continues to have such a beneficial interest therein as will justify it in withholding the patent, it is not taxable by the agencies of the state." TAXATION--BUILDING AND Loan ASSOCIATIONS--POST-OFFICE FURNITURE. A. H. Byrum, Esq., County Attorney of Franklin County, Bloom' ington, N eh. DEAR SIR: I have your letter inquiring how building and loan associations should be taxed, and whether post-office furniture and boxes owned individually by a third class postmaster and used in the post-office are taxable. In reply I beg to advise you as follows: 1. The new revenue law contains no special provision for assessing building and loan associations. The legislation on that subject is found in the Compiled Statutes under the title "Corporations," section 148a, being the answer to your first question. lt is as follows: "Such associations shall not be subject to taxation on their capital stock, nor on their loans, advances or mortgages, but shares in said associations shall, for the purpose of taxation, be considered and held as credits, and members and holders of...show more

Product details

  • Paperback | 128 pages
  • 189 x 246 x 7mm | 240g
  • Rarebooksclub.com
  • United States
  • English
  • black & white illustrations
  • 1236992504
  • 9781236992505