119 S.E.2d 578 PELHAM FEDERAL SAVINGS LOAN ASSOCIATION v. WILLIAMS, Tax Collector, et al. 21187.Supreme Court of Georgia.ARGUED MARCH 13, 1961. DECIDED APRIL 6, 1961. Where a federal savings and loan association returns for taxation its real estate at a value of $12,500, this amount is the amount deductible from the net market value of […]