CONSTITUTIONAL LAW-TAXATION - EXPRESS IMMUNITY OF FEDERAL INSTRUMENTALITIES

Authors

Michigan Law Review, University of Michigan Law School

Abstract

A federal land bank filed a complaint against defendant lumber company and the tax commissioner seeking exemption from a state sales tax on purchases of lumber by the bank. The Supreme Court of North Dakota found the bank liable for the tax and on certiorari to the United States Supreme Court it was held, that the Federal Farm Loan Act conferred express immunity from the tax upon the bank and that such Congressional exemption was constitutional by virtue of the "necessary and proper" clause. Federal Land Bank of St. Paul v. Bismarck Lumber Co. (U.S. 1941) 62 S. Ct. 1.

Recommended Citation

Michigan Law Review, CONSTITUTIONAL LAW-TAXATION - EXPRESS IMMUNITY OF FEDERAL INSTRUMENTALITIES, 40 Mich. L. Rev. 586 (1942).
Available at: https://repository.law.umich.edu/mlr/vol40/iss4/8