 All subjects over which the sovereign power of a state extends are objects of taxation ; but those over which it does not extend are, upon the soundest principles, exempt from taxation.  Niles' National Register - Page 721819Full view - About this book
 | Kentucky. Court of Appeals, James Hughes, Achilles Sneed, Martin D. Hardin, George Minos Bibb, Alexander Keith Marshall, William Littell - Law reports, digests, etc - 1912 - 966 pages
...Marshall in McCulloch v. Maryland, 4 "Wheat, 318: "It is obvious that it is an incident of sovereignty and is co-extensive with that to which it is an incident....over which the sovereign power of a State extends are subjects of taxation ; but those over which it does not extend, are, upon the soundest principles,... | |
 | John Taylor - United States - 1820 - 378 pages
...opinion of the court. That opinion declares, that "all subjects over which the " sovereign power of the state extends are objects of taxation ; " but those,...upon the soundest "principles, exempt from taxation. The sovereignty of a state "extends to every thing which exists by its own authority, "or is introduced... | |
 | United States. Supreme Court - Law reports, digests, etc - 1827 - 682 pages
...incident of sovereignty, and is co-exSlaryland. tensive with that to which it is an incident. And that'all subjects, over which the sovereign power of a State extends, are objects of taxation. The bank of the United States could not be taxed by the States, because it was an instrument employed... | |
 | Joseph Blunt - History - 1830 - 646 pages
...thus formed ; but that conclusion was,that "all subjects over which the sovereign power of a stale extends, are objects of taxation ; but those over...upon the soundest principles exempt from taxation." " The sovereignty of a state extends to every thing which exists by its own authority, or is introduced... | |
 | Joseph Blunt - History - 1835 - 624 pages
...repeat the reasoning which conducted us to the conclusion thus formed ; but that conclusion was.lhat "all subjects over which the sovereign power of a...are objects of taxation ; but those over which it doet not extend, are upon the soundest principles exempt from taxation." " The sovereignty of a state... | |
 | Joseph Blunt - History - 1830 - 628 pages
...repeat the reasoning which conducted us to the conclusion thus formed ; but that conclusion was,that " all subjects over which the sovereign power of a state...upon the soundest principles exempt from taxation." " The sovereignty of a state extends to every thing which exists by its own authority, or is introduced... | |
 | John Marshall - Constitutional law - 1839 - 762 pages
...sovereignty, and was coextensive with that to which it was an incident. All subjects," the court said, " over which the sovereign power of a state extends, are objects of taxation." 'I The sovereignty of a state extends to everything which existsoy its own authority, or is introduced... | |
 | United States. Supreme Court - Law reports, digests, etc - 1845 - 852 pages
...indefensible. The property of the United States is' not taxable by .the several states. The subjects over wnich the sovereign power of a state extends, are objects...taxation; but those over which it does not extend, are exempt from taxation. McCulloch v. The State of Maryland, 4 Wheat. 316. The power of legislation, and... | |
 | Ebenezer Meriam - Finance - 1847 - 224 pages
...repeat the reasoning, which conducted us to the conclusion thus formed ; but that conclusion was, that ' all subjects over which the Sovereign power of a State...upon the soundest principles exempt from taxation. The Sovereignty of • State extends to every thin™ which exists by its own authority, or is introduced... | |
 | United States. Supreme Court, Benjamin Robbins Curtis - Law reports, digests, etc - 1864 - 536 pages
...repeat the reasoning which conducted us to the conclusion thus formed ; but that conclusion was, that " all subjects over which the sovereign power of a State...upon the soundest principles exempt from taxation." " The sovereignty of a State extends to every thing which exists by its own authority, or is introduced... | |
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