Note 109 — Chapter IV · THE LAW OF TAXATION
Reading edition
Kirtland v. Hotchkiss, supra. Thus, “If the law treats the mortgagee’s interest in the land as real estate for his protection, it is not easy to see why the law should forbid it to be treated as real estate for the purpose of taxation.” Savings and Loan Society v. Multnomah County, 169 U. S., 421 (1898).