Owners’ Mortgage Operate from 1933, c. 64, 48 Stat. 128, and the financial are obtained in that capacity, the brand new Court out-of Appeals kept the fresh tax, due to the fact ergo used, to-be invalid.
Your house Owners’ Financing Operate necessitates that brand new fund from the corporation “are going to be covered from the
Crosland, 261 You. S. 374 . Issue there related to a tax enforced because of the Alabama given that a disorder toward tape of a home loan executed in order to good Federal Land bank. Continue Reading Brand new legal relied on all of our decision into the Government Land-bank v
