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" Federal land banks, or to joint stock land banks, and farm loan 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 and the income derived therefrom shall... "
Federal Farm Mortgage Corporation: Hearing Before ..., 73-2 on H.R. 6670 ... - Page 4
by United States. Congress. House. Committee on Agriculture - 1934 - 27 pages
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To Amend the National Housing Act, Hearings Before ..., 75-2 on S. 3055 ...

United States. Congress. Senate. Committee on Banking and Currency - 1937 - 300 pages
...banks or to joint-stock land banks, and farm-loan bonds issued under the provisions of this chapter, 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, and municipal...
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Maintenance of Capital of Commodity Credit Corporation

United States. Congress. House. Committee on Banking and Currency - Capital investments - 1938 - 11 pages
...notes, debentures, and other similar obligations issued by the Commodity Credit Corporation under the provisions of this Act shall be deemed and held to...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...
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Trust Companies, Volume 23

Trust companies - 1916
...executed to Federal land banks, or to joint stock land banks, and farm loan bonus issued under the provisions of this Act, shall be deemed and held to...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...
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Codification of Internal Revenue Laws, ... Published Pursuant to Section ...

United States - Internal revenue - 1938 - 628 pages
...mortgages executed to Federal land banks, or to joint stock land banks, and farm loan bonds issued under this 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 * * * taxation. (July...
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Revenue Act of 1938: Hearings Before the Committee on Finance, United States ...

United States. Congress. Senate. Committee on Finance - Finance - 1938 - 747 pages
...instruments secured thereby, and bonds issued by the Corporation under the provisions of this subchapter, 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...
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To Promote Farm Ownership: Hearings Before a Subcommittee of ..., 76-1 on S ...

United States. Congress. Senate. Agriculture and Forestry Committee - 1939 - 27 pages
...price. "(B) Bonds, notes, debentures, and other similar obligations issued by the Corporation under the provisions of this Act shall be deemed and held to...instrumentalities of the Government of the United States, and as such they, and the income derived therefrom, shall be exempt from Federal, State, municipal,...
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Compilation of Statutes Relating to Soil Conservation, Marketing Quotas and ...

United States - Agricultural laws and legislation - 1977
...notes, debentures, and other similar obligations issued by the Commodity Credit Corporation under the provisions of this Act shall be deemed and held to...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...
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The Code of Federal Regulations of the United States of America ..., Volume 1

Administrative law - 1939
...fully and unconditionally guaranteed both as to interest and principal by the United States; that they 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...
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The Code of Federal Regulations of the United States of America ..., Volume 1

Administrative law - 1939
...fully and unconditionally guaranteed both as to interest and principal by the United States ; that they 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...
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United States Reports: Cases Adjudged in the Supreme Court at ..., Volume 311

United States. Supreme Court, John Chandler Bancroft Davis, Henry Putzel, Henry C. Lind, Frank D. Wagner - Courts - 1941
...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...the income derived therefrom shall be exempt from 1 These purchases were for respondent and his wife who filed separate returns for the year in question....
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