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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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Trust Companies, Volume 23

Trust companies - 1916 - 686 pages
...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. Congress Internal Revenue Taxation Joint Committee - Internal revenue - 1938 - 700 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 - 768 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 - 34 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 - 588 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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The Code of Federal Regulations of the United States of America ..., Volume 1

Administrative law - 1939 - 790 pages
...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 - 752 pages
...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 - 840 pages
...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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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 - 854 pages
...reliance on § 26 of the Federal Farm Loan Act which provides that "farm loan bonds 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 1These purchases were for respondent...
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United States Reports: Cases Adjudged in the Supreme Court, Volume 311

United States. Supreme Court - Courts - 1941 - 844 pages
...§ 26 of the Federal Farm Loan Act which provides that "farm loan bonds issued under the provisio. s 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 be exempt from 1 These purchases were for respondent...
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