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" But no 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 operations thereof except reasonable compensation... "
The Law of Taxable Transfers, State of New York: Being Article X of Chapter ... - Page 56
by Harry Noyes Greene - 1901 - 204 pages
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Cases Decided in the Court of Claims of the United States, Volume 61

United States. Court of Claims - 1926 - 1122 pages
...charitable educational corporation. No officer, member, or employee of this corporation shall receive, or be lawfully entitled to receive, any pecuniary profit...reasonable compensation for services in effecting any one or more of its objects, or as a proper beneficiary of its strictly benevolent and charitable...
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The New York Supplement, Volume 165

1917 - 1214 pages
...Section 3 of said act provides : "No officer, member or employ^ 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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The New York Supplement, Volume 149

1915 - 1282 pages
...such corporation or association shall be entitled to such exemption if any oflicer, member or employe1 thereof shall receive or may be lawfully entitled to receive any pecuniary profit from the operavions thereof, except reasonable compensation for services in effecting one or more of such purposes...
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The New York Supplement, Volume 146

1914 - 1254 pages
...association shall • entitled to any such exemption if any officer, member or employs thereof lall receive or may be lawfully entitled to receive any pecuniary profit from e operations thereof, except reasonable compensation for services in effecting le or more of such purposes,...
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Miscellaneous Reports. Cases Decided in the Courts of Record of ..., Volume 84

New York (State). Courts - 1914 - 822 pages
...corporation or association shall be entitled to any such exemption if any officer, member or employee thereof shall receive, or may be lawfully entitled...receive, any pecuniary profit from the operations thereof exSupreme Court, March, 1914. [Vol. 84. eept reasonable compensation for his services in effecting...
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Laws of the State of New York, Volume 1

New York (State) - 1893 - 1232 pages
...anvProvtooas * to exempsuch exemption, if any officer, member or employe thereof shall tionreceive or may be lawfully entitled to receive any pecuniary...operations thereof, except reasonable compensation foK services in affecting one or more of such purposas, or us proper beneficiaries of its strictly...
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Report

Connecticut. Bureau of Labor Statistics - 1896 - 590 pages
...association shall be exempt from taxation. But no such corporation or association shall be entitled to any such exemption if any officer, member or employe thereof...thereof, except reasonable compensation for services in reffecting one or more of such purposes, or as proper beneficiaries of its strictly charitable purposes;...
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The New York Supplement, Volume 37

1896 - 1238 pages
...member or employé of either of the plaintiffs receives, or ever lias received, or is or ever has beon entitled to receive, any pecuniary profit from the...reasonable compensation for services in effecting their purposes. In the month of June, 1893, the plaintiffs purchased, and have since owned as tenants...
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The Laws of New York State Relating to General, Religious and Non-business ...

New York (State), Robert Cushing Cumming - 1896 - 352 pages
...be entitled to any such exemption, if any officer, member or employe thereof shal) , receive or rnay be lawfully entitled to receive any pecuniary profit...operations thereof, except reasonable compensation for istrvices in effecting one or more of such purposes, or as propa-r beneficiaries of its strictly charitable...
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Laws of the State of New York, Volume 2

New York (State) - 1897 - 996 pages
...corporation Proviso as or association shall be entitled to any such exemption if any officer, HOn. member or employe thereof shall receive or may be...compensation for services in effecting one or more of sucti purposes, or as proper beneficiaries of its strictly charitable purposes; or if the organization...
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