Supreme Court of New Hampshire March 2, 1943, No. 3400. (Society of the Cincinnati v. Exeter)

Allen, C. J.

The statute (R. L.,

c.

73,

s.

24) upon which the plaintiff relies, so far as applicable to the case, exempts from taxation the real estate of local charitable institutions owned and occupied by them for their charitable purposes, upon the condition that none of the institution’s income or profits is applied for other purposes.