Pennsylvania Act 1901-337 — EXEMPTION FROM TAXATION - DEPRIVED

Act text

EXEMPTION FROM TAXATION - DEPRIVED
                 Act of Jul. 11, 1901, P.L. 668, No. 337              Cl. 72
                                  AN ACT

     To amend an act, entitled "An act to provide revenue by
        taxation," approved the fifteenth day of July, Anno Domini
        one thousand eight hundred and ninety-seven.

        Section 1.  Be it enacted, &c., That no corporation or
     limited partnership association organized for manufacturing
     purposes, whose manufacturing plant or plants, in whole or in
     part, are or may be leased to another corporation, limited
     partnership, individual or individuals, shall, by reason of such
     leasing, be deprived of the exemption from taxation upon its
     capital stock, or any part thereof, to which under existing laws
     it would be entitled if such lease had not been made.
        All acts or parts of acts inconsistent herewith are hereby
     repealed.