 | United States. Court of Claims - 1929 - 868 pages
...net earnings of which inures to the benefit of any private stockholder or individual ; ******* " (10) Farmers' or other mutual hail, cyclone, or fire insurance...members for the sole purpose of meeting expenses." It is well to refer here to some of the principles which have guided the courts in determining whether... | |
 | United States. Court of Claims - 1925 - 828 pages
...That the following organizations shall be exempt from taxation under this title — "(10) Farmvrs' or other mutual hail, cyclone, or fire insurance companies,...members for the sole purpose of meeting expenses." Opinion of the Court 1075, 1076, xupra. It will be seen that this act, after enumerating the character... | |
 | George Edwin Holmes - 1917 - 690 pages
...insurance companies, mutual ditch or irrigation companies, mutual or co-operative telephone companies, and like organizations of a purely local character, the...members, for the sole purpose of meeting expenses, are exempt. It should be noted that the essential features of this class are as follows: (a) They must... | |
 | George Edwin Holmes - 1917 - 674 pages
...insurance companies, mutual ditch or irrigation companies, mutual or co-operative telephone companies, and like organizations of a purely local character, the...members, for the sole purpose of meeting expenses, are exempt. It should be noted that the essential features of this class are as follows: (a) They must... | |
 | United States. Internal Revenue Service - 1918 - 200 pages
...or associations or their dependents; and farmers' and other mutual hail, cyclone, or fire insurance companies, or like organizations of a purely local...members for the sole purpose of meeting expenses. lodge system. — A society or association " operating under the lodge 682 system " is considered to... | |
 | United States. Internal Revenue Service - 1916 - 200 pages
...or associations or their dependents; and farmers' and other mutual hail, cyclone, or fire insurance companies, or like organizations of a purely local...members for the sole purpose of meeting expenses. Lodge system. — A society or association " operating under the lodge 682 system " is considered to... | |
 | George Edwin Holmes - 1919 - 1052 pages
...part of the net earnings of which inures to the benefit of any private stockholder or member; (10) Farmers' or other mutual hail, cyclone, or fire insurance...members for the sole purpose of meeting expenses; (11) Farmers', fruit growers', or like associations, organized and operated as sales agents for the... | |
 | Harris, Forbes & co., New York - 1919 - 164 pages
...part of the net earnings of which inures to the benefit of any private stockholder or member; (10) Farmers' or other mutual hail, cyclone, or fire insurance...from members for the sole purpose of meeting expenses ; (11) Farmers', fruit growers', or like associations, organized and operated as sales agents for the... | |
 | Guaranty Trust Company of New York - 1919 - 664 pages
...part of the net earnings of which inures to the benefit of any private stockholder or member; (10) Farmers' or other mutual hail, cyclone, or fire insurance...members for the sole purpose of meeting expenses; (11) Farmers', fruit growers', or like associations, organized and operated as sales agents for the... | |
 | Alabama - 1919 - 1476 pages
...net earnings of which inures to the benefit of any private stockholder or member. (9) Farmers' and other mutual hail, cyclone or fire insurance companies,...members for the sole purpose of meeting expenses. (10) Farmers', fruit growers', or like associations, organized and operated as sales agents for the... | |
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Farmers' or other mutual hail, cyclone, or fire insurance companies, mutual ditch or irrigation companies, mutual or cooperative telephone companies, or like organizations of a purely local character, the income of which consists solely of assessments,... 
