War Finance Corporation Act, Approved April 5, 1918

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Guaranty trust Company of New York, 1918 - 50 pages
 

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Page 39 - An Act to reduce taxation, to provide revenue for the Government, and for other purposes...
Page 46 - Board may, by one or more of its members or by such agents or agencies as it may designate, prosecute any inquiry necessary to its functions in any part of the United States.
Page 28 - If any clause, sentence, paragraph, or part of this Act shall for any reason be adjudged by any court of competent jurisdiction to be invalid, such judgment shall not affect, impair, or invalidate the remainder of this Act, but shall be confined in its operation to the clause, sentence, paragraph, or part thereof directly involved in the controversy in which such judgment shall have been rendered.
Page 44 - No association shall at any time be indebted, or in any way liable, to an amount exceeding the amount of its capital stock at such time actually paid in and remaining undiminished by losses or otherwise, except on account of demands of the nature following: FIRST.
Page 41 - Territory, dependency or possession thereof, or by any State, county, municipality or local taxing authority ; except that any real property of the corporation shall be subject to State, Territorial, county, municipal or local taxation to the same extent, according to its value, as other real property is taxed.
Page 41 - ... and interest, from all taxation now or hereafter imposed by the United States, any State, or any of the possessions of the United States...
Page 45 - AN ACT to regulate and improve the civil service of the United States.
Page 32 - States to be appointed by the President, by and with the advice and consent of the Senate.
Page 41 - Any and all notes, debentures, bonds or other such obligations issued by the corporation shall be exempt both as to principal and Interest from all taxation (except surtaxes, estate, inheritance, and gift taxes) now or hereafter imposed by the United States, by any territory, dependency or possession thereof, or by any state, county, municipality or local taxing authority.
Page 42 - Intent to defraud the corporation or any other body politic or corporate, or any individual, or to deceive any officer, auditor, or examiner of the corporation, makes any false entry in any book, report...

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