...October Term, 1987. 180 The Court cited the Pollock case only once, saying that a claim for immunity had been sustained where "the function involved was...threaten impairment of the borrowing power of the state" (p. 8). ™Greiner v. Lewellyn, 258 US 384 (1922),. folio wing Plummer v. Coler, 178 US 115 (1900),...

...limits marked out in Collector v. Day, supra. It has been sustained where, as in Collector v. Day, the function involved was one thought to be essential...government: as where the attempt was to tax income received from the investments of a municipal subdivision of a state, United States v. Railroad Co., 17 Wall....

...limits marked out in Collector v. Day, supra. It has been sustained where, as in Collector v. Day, the function involved was one thought to be essential...: as where the attempt was to tax income received from the investments of a municipal subdivision of a state, United States v. Railroad Co., 17 Wall....

...limits marked out in Collector v. Day, supra. It has been sustained where, as in Collector v. Day, the function involved was one thought to be essential...government: as where the attempt was to tax income received from the investments of a municipal subdivision of a state, United States v. Railroad Co., 17 Wall....

...405, 417 (1938)) concerning the State immunity: "It has been sustained where, as in Collector v. Day, the function involved was one thought to be essential...threaten impairment of the borrowing power of the State * * * " When we turn to the Supreme Court cases involving an interpretation of the sixteenth amendment,...

...405, 417 (1938)) concerning the State immunity: "It has been sustained where, as in Collector v. Day, the function involved was one thought to be essential...threaten impairment of the borrowing power of the State * * *_» When we turn to the Supreme Court cases involving an interpretation of the sixteenth amendment,...

...taxing power. ******* "It (immunity from taxation) has been sustained where, as in Collector v. Day, the function involved was one thought to be essential to the maintenance of a state government; * * *. ******* "With these controlling principles in mind, we turn to their application in the circumstances...

...taxing power. ******* "It (immunity from taxation) has been sustained where, as in Collector v. Day, the function involved was one thought to be essential to the maintenance of a state government; * * *. * * ***** "With these controlling principles in mind, we turn to their application in the circumstances...

...immunity of such bonds: It (the immunity) has been sustained whereas in Collector v. Day the function was one thought to be essential to the maintenance of a State government; as fhere the attempt was * * * to tax income received by a private investor from State bonds, and thus...

...opinion, citing Pollock v. Farmers' Loan & Trust Co., 157 US 429, says that the bond issuing function "was one thought to be essential to the maintenance of a State government" and that to tax income received by a private investor from State bonds would "threaten impairment of...