Legal Aspects of the Transfer of Securities

Cover Legal Aspects of the Transfer of Securities
Legal Aspects of the Transfer of Securities
H Brua Harry Brua Campbell
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(b) Shares of stock of New York corpora- tions and of national banking associations located in said state.
[5*1 (c) Shares of stock of foreign corpora- tions, etc. , and bonds, notes, mortgages, or other evidences of interest in any corpora- tions, etc. (this does not apply to securities of moneyed, railroad or transportation cor- porations, nor to public service or manufactur- ing corporations as defined by the laws of New York) which represent real property wholly or partly in New York, and i
...nterests in partnership business conducted wholly or Eartly in said state, in an amount determined y the proportion which the value of the real property of such corporation in said state bears to its entire property, or in case of a partner- ship, by the proportion which the value of its entire property in said state bears to its entire property.
(d) Capital invested in business in New York by a non-resident doing business in said state either as principal or partner.
Sec. 221 of the Act provides for the exemp- tion of certain transfers from taxation and the rates of tax are set forth in Sec.


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