Proceedings of the ... Annual Session of the Association, Volume 37 (Google eBook)

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Ohio State Bar Association, 1916 - Law
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Page 180 - Life ! I know not what thou art, But know that thou and I must part ; And when, or how, or where we met I own to me's a secret yet. Life! we've been long together Through pleasant and through cloudy weather ; 'Tis hard to part when friends are dear Perhaps 'twill cost a sigh, a tear ; Then steal away, give little warning, Choose thine own time ; Say not Good Night, but in some brighter clime Bid me Good Morning.
Page 180 - Life ! we've been long together, Through pleasant and through cloudy weather ; 'Tis hard to part when friends are dear Perhaps 'twill cost a sigh, a tear : Then steal away, give little warning, Choose thine own time ; Say not ' Good night ' but in some brighter clime Bid me
Page 49 - Although, among the enumerated powers of government, we do not find the word "bank" or "incorporation," we find the great powers to lay and collect taxes; to borrow money; to regulate commerce; to declare and conduct a war; and to raise and support armies and navies.
Page 65 - This opinion does not deprive the States of any resources which they originally possessed. It does not extend to a tax paid by the real property of the bank, in common with the other real property within the State, nor to a tax imposed on the interest which the citizens of Maryland may hold in this institution, in common with other property of the same description throughout the State.
Page 72 - The right to tax the contract to any extent, when made, must operate upon the power to borrow before it is exercised, and have a sensible influence on the contract.
Page 62 - It is therefore manifest that exemption of Federal agencies from state taxation is dependent, not upon the nature of the agents, or upon the mode of their constitution, or upon the fact that they are agents, but upon the effect of the tax; that is, upon the question whether the tax does in truth deprive them of power to serve the government as they were intended to serve it, or does hinder the efficient exercise of their power. A tax upon their property has no such necessary effect. It leaves them...
Page 44 - 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, State, municipal, and local taxation.
Page 66 - All stocks, bonds, Treasury notes, and other obligations of the United States shall be exempt from taxation by or under State or municipal or local authority.
Page 65 - It does not extend to a tax paid by the real property of the bank, in common with the other real property within the State, nor to a tax imposed on the interest which the citizens of Maryland may hold in this institution, in common with other property of the same description throughout the State. But this is a tax on the operations of the bank, and is, consequently, a tax on the operation of an instrument employed by the government of the Union to carry its powers into execution. Such a tax must...
Page 50 - Having satisfied themselves that the word "necessary" in the constitution, means "needful," "requisite," "essential," "conducive to," and that "a bank" is a convenient, a useful, and essential instrument, in the prosecution of the Government's "fiscal operations...

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