| William B. Dana - Commerce - 1866 - 496 pages
...associations. But, in addition to this view, a tax on shares is not a tax on the capital of the banks. Tbe corporation is the legal owner of all the property...real and personal, and within the powers conferred on it by the charter, and for the purposes for which it waft cn-nted, слп deal with the property... | |
| Commerce - 1866 - 974 pages
...associations. But, in addition to this view, a tax on shares Is not a tax on the capital of the bank?. ТЫ corporation is the legal owner of all the property of the bank, real and personal, and within ibe powere conferred on it by the charter, and for the purposes for which it was created, candeal with... | |
| Michigan. Legislature - Michigan - 1867 - 332 pages
...considerations. " But in addition to this view, the tax on the shares is not a lax on the capital of the bank. The corporation is the legal owner of all the property...powers conferred upon it by the charter, and for the purposes for which it was created, can deal with the corporate property as absolutely as a private... | |
| Michigan. Constitutional Convention - Constitutional conventions - 1867 - 728 pages
...addition to this view, the tax on the shares is not a tax on the capital of the bank. The corporation ii the legal owner of all the property of the bank, real...within the powers conferred upon it by the charter, anc for the purposes for which it was created can deal with the corporate property as abso lutely as... | |
| United States. Supreme Court - Courts - 1867 - 732 pages
...of the court. the stockholders. "The corporation," says this court, in Van Allen v. The Assessors* "is the legal owner of all the property of the bank, real and personal ; and within the ppwers conferred upon it by the charter, and for the purpose for which it was created, can deal with... | |
| Michigan. Legislature. Senate - Legislative journals - 1867 - 1016 pages
...addition to this view, the tax on the shares is not a tax on the capital of the bank. The corjyiratiou is the legal owner of all the property of the bank, real and personal; and within tho powers conferred upon it by the charter, and for the purposes ior which it was created, can deal... | |
| United States. Department of State - United States - 1867 - 630 pages
...argument first suggested, it said, " the tax on the share? i - not a tax on the capital of the bank. The corporation is the legal owner of all the property of the bunk, real and personal, and within the powers conferred upon it by the charter and for the purposes... | |
| Law - 1885 - 544 pages
...been, and judgment was rendered for the defendant. It is said in Van Allen v. Assessors, 3 Wall. 584, " the corporation is the legal owner of all the property of the bank, both real and personal." In Wilde v. Jenkins, snpra, where a copartnership bought all the property... | |
| Law reports, digests, etc - 1875 - 788 pages
...say : " But in addition to this view, the tax on the shares is not a tax on the capital of the bank. The corporation is the legal owner of all the property...powers conferred upon it by the charter and for the purposes for which it was created, can deal with the corporate property as absolutely as a private... | |
| William Henry Burroughs - Local taxation - 1877 - 970 pages
...tax on the shares is not a tax on the capital of the bank. The corporation is the legal owner of all property of the bank, real and personal ; and within...powers conferred upon it by the charter, and for the purposes for which it was created, can deal with the corporate property as absolutely as a private... | |
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