TUCKER v. ALEXANDER

No. 7124.

25 F.2d 425 (1928)

TUCKER v. ALEXANDER, Collector of Internal Revenue.

Circuit Court of Appeals, Eighth Circuit.

March 27, 1928.


Attorney(s) appearing for the Case

Charles H. Garnett, of Oklahoma City, Okl., for plaintiff in error.

T. H. Lewis, Jr., Sp. Atty. for Bureau of Internal Revenue, of Washington, D. C. (Roy St. Lewis, U. S. Atty., of Oklahoma City, Okl., and C. M. Charest, Gen. Counsel for Bureau of Internal Revenue, of Washington, D. C., on the brief), for defendant in error.

Before STONE and VAN VALKENBURGH, Circuit Judges, and KENNEDY, District Judge.


STONE, Circuit Judge.

The Osage Mercantile Company was an Oklahoma corporation organized in 1902 and having, on March 1, 1913, a capital stock of 300 shares of the par value of $100 each. July 20, 1920, this corporation was dissolved and its affairs liquidated by division in kind of its property to its then stockholders who, as a partnership, continued the same business at the same place and under the same name.

Prior to March 1, 1913, and up until the dissolution...

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