Show I MUST LIST STOCKS IN HANDS OF RECEIVER Indiana Decision Affecting Taxation of Building and Loan Com Corn I panics I INDIANAPOLIS Ind lad Dec Dee 10 The rhe The Appellate court of or Indiana h has hns s just rendered rca ren dered an opinion to tc the effect that the I of a n building and loan association association tion must roust the assets for ta tax tax- The court finds that building and m loan Ls associations exempted as such from taxation m mean an those that arc are In active c operation and not in a receivers Ers hands I i The Tue statute provides that stock shall be listed hy by holders but when a re receiver ye- ye Is acting the court says saS the stock I hel held l I by shareholders rs Is Ia of uncertain value alue and argues that it Is the receivers receiver's I ers er's dut duty to It |