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" The terms of the act of congress, therefore, include shares of stock or other interests owned by individuals in all enterprises in which the capital employed in carrying on its business is money, where the object of the business is the making of profit... "
The New York Supplement - Page 95
1926
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Reports of Cases Determined in the Supreme Court of the Territory ..., Volume 39

Utah. Supreme Court, Albert Hagan, John Augustine Marshall, John Maxcy Zane, James A. Williams, Joseph M. Tanner, George L. Nye, John Walcott Thompson, August B. Edler, Alonzo Blair Irvine, Harmel L. Pratt, William S. Dalton, H. Arnold Rich - Law reports, digests, etc - 1913 - 676 pages
...industrial enterprises;" but does "include shares of stock or other interest owned by individuals in enterprises in which the capital employed in carrying...object of the business is the making of profit by the use of money," and that the "purpose of Congress in fixing limits to state taxation on investments...
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The Federal Reporter: Cases Argued and Determined in the ..., Volumes 31-32

Law reports, digests, etc - 1887 - 1910 pages
...congress. * * * The terms of the act of congress, therefore, include shares of stock or other interests owned by individuals in all enterprises in which the...business is the making of profit by its use as money." Having thus denned the meaning of the phrnse "moneyed capital," as used in section 5219, the court...
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The Pacific Reporter, Volume 38

Law reports, digests, etc - 1895 - 1168 pages
...this wise: "The terms of the act of congress, therefore, include shares of stock or other interests owned by individuals in all enterprises in which the...which are from time to time, according to the rules of the business, reduced again to money and reinvested. It includes money in the hands of individuals...
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United States Reports: ... and Rules Announced at ...

United States. Supreme Court - Law reports, digests, etc - 1897 - 798 pages
...capital. " The terms of the act of Congress, therefore, include shares of stock or other interests owned by individuals in all enterprises in which the...which are from time to time, according to the rules of the business, reduced again to money and reinvested. It includes money in the hands of individuals...
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United States Reports: Cases Adjudged in the Supreme Court, Volume 121

United States. Supreme Court, John Chandler Bancroft Davis, Henry Putzel, Henry C. Lind, Frank D. Wagner - Courts - 1887 - 714 pages
...the Court. The terms of the act of Congress, therefore, include shares of stock or other interests owned by individuals in all enterprises in which the...way of loan, discount, or otherwise, which are from tune to tune, according to the rules of the business, reduced again to money and reinvested. It includes...
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United States Reports: Cases Adjudged in the Supreme Court at ... and Rules ...

United States. Supreme Court - Law reports, digests, etc - 1887 - 712 pages
...the Court. The terms of the act of Congress, therefore, include shares of stock or other interests owned by individuals in all enterprises in which the...where the object of the business is the making of proSt by its use as money. The moneyed capital thus employed is invested for that purpose in securities...
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Harvard Law Review, Volume 21

Electronic journals - 1908 - 714 pages
...First Nat'I Bank v. City of Richmond, 39 Fed. 309. But moneyed capital only includes money employed where the object of the business is the making of profit by its use as money. Mercantile Bank v. New York, 121 US 138. Consequently, if the tax is void it is solely because the...
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A Treatise on the Law of Banks and Banking, Volume 2

John Torrey Morse (Jr.) - Banking law - 1888 - 712 pages
...capital. '• The terms of the act of Congress, therefore, include shares of stock or other interests owned by individuals in all enterprises in which the...which are from time to time, according to the rules of the business, reduced again to money and reinvested. It includes money in the hands of individuals...
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