R.F.C. v. BEAVER COUNTY

No. 40.

328 U.S. 204 (1946)

RECONSTRUCTION FINANCE CORPORATION v. BEAVER COUNTY.

Supreme Court of United States.

Decided May 13, 1946.


Attorney(s) appearing for the Case

Robert L. Stern argued the cause for appellant. With him on the brief were Solicitor General McGrath, John D. Goodloe, J. Bowers Campbell, Henry J. Crawford and Harold F. Reed.

John G. Marshall and Edward G. Bothwell argued the cause and filed a brief for appellee.

By special leave of Court, John L. Nourse, Deputy Attorney General of California, argued the cause for the State of California, and Sherrill Halbert argued the cause for Stanislaus County, as amici curiae, With them on a brief filed for that State, as amicus curiae, were Robert W. Kenny, Attorney General, Leslie A. Cleary and Harold W. Kennedy, urging affirmance.

Edward G. Bothwell filed a brief for Allegheny County, Pa., as amicus curiae, in support of appellee.


MR. JUSTICE BLACK delivered the opinion of the Court.

By § 10 of the Reconstruction Finance Corporation Act, as amended, 47 Stat. 5, 9; 55 Stat. 248, Congress made it clear that it did not permit States and local governments to impose taxes of any kind on the franchise, capital, reserves, surplus, income, loans, and personal property of the Reconstruction Finance Corporation or any of its subsidiary corporations.1 Congress provided...

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