...them ; Twelfth. Corporation or association organized for the exclusive purpose of holding title to property, collecting income therefrom, and turning...itself is exempt from the tax imposed by this title; or Thirteenth. Federal land banks and national farm-loan associations as provided in section twenty-six...

...them ; Twelfth. Corporation or association organized for the exclusive purpose of holding title to property, collecting income therefrom, and turning...itself is exempt from the tax imposed by this title ; or Thirteenth. Federal land banks and national farmloan associations as provided in section twenty-six...

...furnished by them. 12. Corporation or association organized for the exclusive purpose of holding title to property, collecting income therefrom and turning...expenses, to an organization which itself is exempt from income tax. 13. Federal land banks and national farm-loan associations, as provided in Section 26 of...

...trustee, to invest in the bonds issued by any Federal Land Bank organized pursuant to an act of Congress entitled "An act to provide capital for agricultural...development, to create standard forms of investment based on farm mortgage, to equalize rates of interest upon farm loans, to furnish a market for United States...

...for the exclusive purpose of holding title to property, collecting income therefrom and turning over entire amount thereof, less expenses, to an organization which itself is exempt from the tax. 13. Federal Land banks and National Farm loan associations. 14. Joint-stock Land banks as to income...

...provided in section twenty-six of the Act approved July seventeenth, nineteen hundred and sixteen, entitled "An Act to provide capital for agricultural...development, to create standard forms of investment baseti upon farm mortgage, to equalize rates of interest upon farm loans, to furnish a market for United...

...(twelfth class). Corporations or associations organized for the exclusive purpose of holding title to property, collecting income therefrom, and turning over the entire amount thereof, less expenses, to organizations which are themselves exempt from the income tax are also exempt. Such corporations were...

...(twelfth class). Corporations or associations organized for the exclusive purpose of holding title to property, collecting income therefrom, and turning over the entire amount thereof, less expenses, to organizations which are themselves exempt from the income tax are also exempt. Such corporations were...

...by them; Twelfth. Corporation or association organized for the exclusive purpose of holding title to property, collecting income therefrom, and turning...itself is exempt from the tax imposed by this title; or Thirteenth. Federal land banks and national farmloan associations as provided in section twenty-six...

...them ; Twelfth. Corporation or association organized for the exclusive purpose of holding title to property, collecting income therefrom, and turning...itself is exempt from the tax imposed by this title; or Thirteenth. Federal land banks and national farmloan associations as provided in section twenty-six...