 | Law reports, digests, etc - 1903 - 1116 pages
...California, and adding thereto a new section, numbered 3610. The sections referred to are as follows : "3608. Shares of stock In corporations possess no intrinsic...value of the property of the corporation which they stanil for and represent; and the assessment and taxation of such shares, and also all the corporate... | |
 | California, Nathan Newmark - California - 1881 - 994 pages
...held not repealed, 28 Cal. 254. Special Act of 1866, for Tehama County, construed, 37 Cal. 228. 3608. Shares of stock in corporations possess no intrinsic...such shares and also of the corporate property would bo double taxation. Therefore all property belonging to corporation!} shall be assessed and taxed,... | |
 | California - California - 1881 - 958 pages
...in corporations possess no intrinsic rahie over and above tlio actual value of the property of tho corporation which they stand for and represent, and...such shares and also of the corporate property would bo double taxation. Therefore all property belonging to corporations shall be assessed and taxed, but... | |
 | California - Law - 1886 - 964 pages
...declared to be double taxation: Sec. 3608. 3608. Shares of slock in corporations not taxable. SEO. 3G08. Shares of stock in corporations possess no intrinsic value over and above the actual value of tbe property of the corporation which they stand for and represent, and the assessment and taxation... | |
 | Hubert Howe Bancroft - California - 1890 - 884 pages
...legislature of 1881 added a section to the political code declaring that shares of stock possessed no intrinsic value over and above the actual value of the property of the corporation which was assessable and assessed. " To assess growing crops, it was argued, would be to discourage planting... | |
 | California. Supreme Court - Law reports, digests, etc - 1887 - 760 pages
...— On the same day on which the Legislature enacted § 360S of the Political Code, declaring that shares of stock in corporations possess no intrinsic...and above the actual value of the property of the corlioration which they represent, and prohibiting the taxation of such shares of stock, it repealed... | |
 | Hubert Howe Bancroft - British Columbia - 1890 - 854 pages
...legislature of 1881 added a section to the political code declaring that shares of stock possessed no intrinsic value over and above the actual value of the property of the corporation which was assessable and assessed. 13 To assess growing crops, it was argued, would be to discourage planting... | |
 | Hubert Howe Bancroft, Henry Lebbeus Oak, William Nemos, Frances Fuller Victor - California - 1890 - 852 pages
...legislature of 1881 added a section to the political code declaring that shares of stock possessed no intrinsic value over and above the actual value of the property of the corporation which was assessable anil assessed. 13 To assess growing crops, it was argued, would be to discourage planting... | |
 | Electronic journals - 1890 - 868 pages
...accordingly exempted from assessment. Thus in California the statute declares that " shares of stock possess no intrinsic value over and above the actual value of the property of the corporation for which they stand," and that to tax both corporation and shareholder is double taxation.1 In Arizona... | |
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Shares of stock in corporations possess no intrinsic value over and above the actual value of the property of the corporation which they stand for and represent; and the assessment and taxation of such shares, and also all the corporate property, would... 
