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" But no such corporation or association shall be entitled to any such exemption if any officer, member or employe thereof shall receive or may be lawfully entitled to receive any pecuniary profit from the operations thereof except reasonable compensation... "
Laws of the State of New York - Side 801
av New York (State) - 1896
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A Treatise on the Law of Inheritance Taxation: With Practice and Forms

Lafayette Blanchard Gleason, Alexander Otis - 1917 - 908 sider
...Section 3 of said Act provides ' No officer, member or employee of this corporation shall receive or be lawfully entitled to receive any pecuniary profit...compensation for services in effecting one or more of its purposes, or as a proper beneficiary of its strictly charitable purposes.' Upon the hearing before...
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Documents of the Senate of the State of New York, Volum 5

New York (State). Legislature. Senate - 1917 - 1230 sider
...thereof shall receive or may be lawfully entitled i to receive any pecuniary profit from the operation? thereof except, reasonable compensation for services in effecting one or more of such purposes or as-proper beneficiaries of its strictly charitablf purposes; or if the organization thereof for any...
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Annual Report of the State Board of Tax Commissioners of the State of New York

New York (State). Board of Tax Commissioners - 1917 - 1230 sider
...such corporation or association shall be entitled to such exemption if any officer, member or employee thereof shall receive or may be lawfully entitled to receive any pecuniary profit from the operation« thereof except reasonable compensation for services in effecting one or more of such purposes...
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Bender's Village Laws of the State of New York: Containing the New ...

Robert Grattan - 1918 - 746 sider
...corporation or association shall be entitled to any such exemption if any officer, member or employee thereof shall receive or may be lawfully entitled...charitable purposes; or if the organization thereof for any such avowed purposes be a guise or pretense for directly or indirectly making any other pecuniary profit...
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Revenue Bill: Hearings Before the Committee on Ways and Means ..., Volumer 1-9

United States. Congress. House. Committee on Ways and Means - 1918 - 622 sider
...corporation or association shall he entitled to such exemption if any officer, member, or employee thereof shall receive or may be lawfully entitled...charitable purposes; or if the organization thereof for any such avowed purpose be a guise or pretense for directly or indirectly making any other pecuniary profit...
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The Transfer Tax Law: Article 10, Chapter 62, Laws of New York 1909 ...

Guaranty Trust Company of New York, New York (State) - 1918 - 72 sider
...employee thereof shall receive •Amended by Chapter 111, Laws of 1918, effective March 28, 1918. 87 or may be lawfully entitled to receive any pecuniary...charitable purposes; or if the organization thereof for any such avowed purpose be a guise or pretense for directly or indirectly making any other pecuniary profit...
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Annotated Consolidated Laws of the State of New York as Amended to ..., Volum 7

New York (State) - 1918 - 1016 sider
...required by the Salvation Army; provided, however, that no officer, member or employee of said corporation shall receive, or may be lawfully entitled to receive,...beneficiaries of its strictly charitable purposes; and provided, furthermore, that all the proceeds of said business shall be devoted to the religious,...
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Documents of the Senate of the State of New York, Volum 16

New York (State). Legislature. Senate - 1918 - 1198 sider
...or employee thereof shall receive or may be lawfully entitled to receive any pecuniary profit froui the operations thereof except reasonable compensation...charitable purposes; or if the organization thereof for any such avowed purpose be a guise or pretense for directly or indirectly making any other pecuniary profit...
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The Jewish Communal Register of New York City, 1917-1918

Jewish Community of New York City - 1918 - 1562 sider
...remain a charitable corporation. None of its trustees, officers, members or employees shall receive or be lawfully entitled to receive any pecuniary profit...compensation for services in effecting one or more of its corporate objects or as proper beneficiaries of its strictly charitable purposes. On June 24th...
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Annual Report, Volum 100

New York State Library - 1918 - 472 sider
...personal property of any such association shall be exempt from taxation if any officer, member of employee thereof shall receive or may be lawfully entitled to receive any pecuniary profit from the operation thereof, except reasonable compensation for services in effecting one or more of such purposes...
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