TOWNE v. EISNER

No. 563.

245 U.S. 418 (1918)

TOWNE v. EISNER, COLLECTOR OF UNITED STATES INTERNAL REVENUE FOR THE THIRD DISTRICT OF THE STATE OF NEW YORK.

Supreme Court of United States.

Decided January 7, 1918.


Attorney(s) appearing for the Case

Mr. Charles E. Hughes, with whom Mr. George Welwood Murray, Mr. Charles P. Howland and Mr. Louis H. Porter were on the briefs, for plaintiff in error.

The Solicitor General, with whom Mr. William C. Herron was on the brief, for defendant in error.

Mr. Gordon M. Buck, by leave of court, filed a brief as amicus curiae.


MR. JUSTICE HOLMES delivered the opinion of the court.

This is a suit to recover the amount of a tax paid under duress in respect of a stock dividend alleged by the Government to be income. A demurrer to the declaration was sustained by the District Court and judgment was entered for the defendant. 242 Fed. Rep. 702. The facts alleged are that the corporation voted on December 17, 1913, to transfer $1,500,000 surplus, being...

NEVER MISS A DECISION. START YOUR SUBSCRIPTION.

Uncompromising quality. Enduring impact.
Your support ensures a bright future for independent legal reporting.

As you are aware we have offered this as a free subscription over the past years and we have now made it a paid service.Look forward to your continued patronage.

GET STARTED


OR

Read it with your Leagle account.
Sign in to continue


Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases