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| | FindLaw for Legal Professionals - Case Law, Federal and State Resources, Forms, and Code |
 | | [200 U.S. which were payable at the United States Treasury at San Francisco at any time within four months from their dete, were not presented immediately for payment, but were withheld by the plaintiff until the first Monday in March, 1899, the day when the status of property, for the purpose of taxation, is determined. |
 | | The inability of the states to tax the official agencies of the Federal government, whether in the form of banks chartered under its authority, or of obligations issued by it as a means of providing a revenue, or for the payment of its debts, was applied in M'Culloch v. |
 | | While the checks are obligations of the United States, and within the letter of 3701, they are not within its spirit, and are proper subjects of taxation. |
| caselaw.lp.findlaw.com /scripts/getcase.pl?court=us&vol=200&invol=310 (1182 words) |
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