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Page:United States Statutes at Large Volume 61 Part 1.djvu/358

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PUBLIC LAWS-OH. 258-JULY 16, 1947 Brother"; "ster." The terms "brother" and "sister" include a brother or sister of the half-blood. For the purposes of determining whether any of the fore- going relationships exist, a legally adopted child of a person shall be considered a child of such person by blood. The term "dependent" does not include any individual who is a citizen or subject of a foreign country unless such individual is a resident of the United States or of a country contiguous to the United States. TITLE II-EXEMPT ORGANIZATIONS SEC. 1 . The following organizations shall be exempt from taxation under this Article: a) Labor organizations. (b) Fraternal beneficiary societies, orders, or associations, (1) operating under the lodge system or for the exclusive benefit of the members of a fraternity itself operating under the lodge system, and (2) providing for the payment of life, sick, or accident benefits to the members of such society, order, or association, or their dependents. (c) Cemetery companies owned and operated exclusively for the benefit of their members and which are not operated for profit; and any corporation chartered solely for burial purposes as a cemetery corporation and not permitted by its charter to engage in any business not necessarily incident to that purpose, no part of the net earnings of which inures to the benefit of any private individual or shareholder. (d) Corporations, and any community chest, fund, or foundation, organized and operated exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals, to a substantial extent within the District, no part of the net earnings of which inures to the benefit of any private individual or shareholder, and no part of the activities of which is carrying on propaganda, or otherwise attempting to influence legislation. (e) Business leagues, chambers of commerce, real-estate boards, or boards of trade, not organized or operated for profit and no part of the net earnings of which inures to the benefit of any private individual or shareholder. (f) Civic leagues or organizations not organized for profit but operated exclusively for the promotion of social welfare, or local associations of employees, the membership of which is limited to the employees of a designated person or persons in a particular munici- pality, and the net earnings of which are devoted principally to charitable, educational, or recreational purposes within the District. (g) Banks? trust companies, building and loan associations, insur- ance companies, companies which guarantee the fidelity of any indi- vidual or individuals, such as bonding companies, and companies which furnish abstracts of title or which insure titles to real estate, all of which pay taxes on their gross earnings, premiums, or gross receipts under existing laws of the District. (h) Corporations organized for the exclusive purpose of holding title to property, collecting income therefrom, and turning over the entire amount thereof, less expenses, to an organization which itself is exempt from the tax imposed by this article. (i) Corporations organized under Acts of Congress, if such corpora- tions are instrumentalities of the United States and if, under such Acts, as amended and supplemented, such corporations are exempt from Federal income taxes. (j) Voluntary employees' beneficiary associations providing for the payment of life, sick, or accident benefits to the members of such asso- ciation or their dependents, if (1) no part of their net earnings inures (other than through such payments) to the benefit of any private 334 [61 STAT.