Laws of the State of MississippiRichard C. Langdon, 1928 - Session laws |
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Common terms and phrases
act shall take act take effect ACT to amend agriculture and commerce amend chapter amend house bill amend section amount annum appropriated assessment assessor auditor of public Bankhead highway board of supervisors bonds building cent certificate Chap chapter 132 chemist collected commission commissioner of agriculture CONCURRENT RESOLUTION consolidated school district corporation distributor dollars duty enacted exceeding expenses federal aid road fees fertilizer material force gasoline governor Hattiesburg hereby amended hereby authorized highway House of Representatives intersecting issued Itawamba county land Leake county Legislature levee levied Lucedale mill levy Minter City Missis motor vehicle municipality November 14 November 23 November 30 paid passage payment person privilege tax professional engineer purpose Quitman county read as follows registration road beginning road running salary school district Section 174 SENATE BILL sheriff sippi tax collector taxing district thence thereof tion treasury trustees
Popular passages
Page 54 - If an exchange would be within the provisions of subsection (b), (1), (2), (3), or (5) of this section if it were not for the fact that the property received in exchange consists not only of property permitted by such paragraph to be received without the recognition of gain, but also of other property or money...
Page 159 - The muffled drum's sad roll has beat The soldier's last tattoo; No more on life's parade shall meet That brave and fallen few. On fame's eternal camping ground Their silent tents are spread, And glory guards, with solemn round, The bivouac of the dead.
Page 55 - ... a transfer by a corporation of all or a part of its a.ssets to another corporation if immediately after the transfer the transferor or its...
Page 52 - If the property was acquired by gift after December 31, 1920, the basis shall be the same as it would be in the hands of the donor or the last preceding owner by whom it was not acquired by gift...
Page 54 - Secretary, expended in the acquisition of other property similar or related in service or use to the property so converted, or in the ac.quisition of control of a corporation owning such other property, or in the establishment of a replacement fund, no gain shall be recognized, but loss shall be recognized. If any part of the money is not so expended...
Page 88 - States in and over such lands so far that civil process in all cases and such criminal process as may issue under the authority of the State against any person charged with a commission of any crime without or within said jurisdiction, may be executed thereon in like manner. as if this act had not been passed.
Page 53 - No gain or loss shall be recognized If property held for productive use in trade or business or for investment...
Page 55 - reorganization' means (A) a merger or consolidation (Including the acquisition by one corporation of at least a majority of the voting stock and at least a majority of the total number of shares of all other classes of stock of another corporation...
Page 53 - No gain or loss shall be recognized if common stock in a corporation is exchanged solely for common stock in the same corporation, or if preferred stock in a corporation is exchanged solely for preferred stock in the same corporation.
Page 50 - SEC. 2. (a) That, subject only to such exemptions and deductions as are hereinafter allowed, the net income of a taxable person shall include gains, profits, and income derived from salaries, wages, or compensation for personal service of whatever kind and in whatever form paid...