 to borrow money on the credit of the United States.' The stock it issues is the evidence of a debt created by the exercise of this power. The tax in question is a tax upon the contract subsisting between the Government and the individual. It bears directly...  Bankers' Magazine and State Financial Register - Stran 2961849Celotni ogled - O knjigi
 | Joseph Blunt - 1830 - 646 strani
...the United Sues liable to be tuxed by states and corporations ? Congress has power " to borrow money on the credit of the United States." The stock it...contract, while subsisting and in full force. The power opei ates upon the contract the instant it is framed, and must imply a right to affect that contract.... | |
 | Joseph Blunt - 1835 - 624 strani
...liable to be taxed by states and corporations ? Congress has power "to borrow 112 LAW CASES, money on the credit of the United States." The stock it...subsisting between the government and the individual. It hears directly upon that contract, while subsisting and in full force. The power opei ates upon the... | |
 | Joseph Blunt - 1830 - 628 strani
...States liable to be taxed by states and corporations ? Congress' has power "to borrow 112 na money on the credit of the United States." The stock it...the contract subsisting between the government and tne individual. It bears directly upon that contract, while subsisting and in full force. The power... | |
 | Ebenezer Meriam - 1847 - 224 strani
...United States, liable to be taxed by States and 'Corporations f " Congress has power to borrow money on the credit of the United States. The stock it issues...the instant it is framed, and must imply a right to aft'ect that contract. If the States and Corporations throughout the Union possess I he power to tax... | |
 | Indiana. Supreme Court, Horace E. Carter, Albert Gallatin Porter, Gordon Tanner, Benjamin Harrison, Michael Crawford Kerr, James Buckley Black, Augustus Newton Martin, Francis Marion Dice, John Worth Kern, John Lewis Griffiths, Sidney Romelee Moon, Charles Frederick Remy - 1865 - 722 strani
...Marshall, Ch. J., in delivering the opinion of the court, says that " Congress has power ' to borrow money on the credit of the United States' The stock it issues...the instant it is framed, and must imply a right to affeet that contract." Thompson, J., in a dissenting opinion, says: "If the objection to this tax is... | |
 | Joseph Story - 1873 - 780 strani
...United States, liable to be taxed by States and corporations ? Congress has power ' to borrow money on the credit of the United States.' The stock it...power. The tax in question is a tax upon the contract subnisting between the government and the individual. It bears directly upon that contract while subsisting... | |
 | 1916 - 502 strani
...followed from a few brief extracts from the opinion. Therein we read : "Congress has power to borrow money on the credit of the United States. The stock it issues...subsisting between the government and the individual. * * * "If the right to impose the tax exists, it is a right which in its nature acnovvledges no limits.... | |
 | 1896 - 2074 strani
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