Property leased by board exempt from taxation.
Memphis Charter, art. 81, § 1039
in effectSec. 1039. - Property leased by board exempt from taxation.
Lots of ground leased by said board of education for school purposes shall be exempt from taxation.
(Priv. Acts 1868-69, ch. 30, § 13; Priv. Acts 1869, ch. 33, § 2)
Source: City of Memphis, Code of Ordinances and Charter and Related Laws (Municode Library, library.municode.com)URL: https://library.municode.com/tn/memphis/codes/charter?nodeId=PTICHRELA_ART81CHBOEDMESC_DIVIINGE_S1039PRLEBOEXTAFetched: 10/28/2026
