AYER v. BLAIR

No. 4675.

26 F.2d 547 (1928)

AYER v. BLAIR, Com'r of Internal Revenue.

Court of Appeals of District of Columbia.

Decided May 7, 1928.


Attorney(s) appearing for the Case

J. C. Peacock and J. W. Townsend, both of Washington, D. C., for appellant.

L. L. Hight, of Washington, D. C., and Morton P. Fisher, of Baltimore, Md., for appellee.

Before MARTIN, Chief Justice, and ROBB and VAN ORSDEL, Associate Justices.


MARTIN, Chief Justice.

This appeal relates to a deficiency in the income tax returns of appellant for the year 1920, as determined by the Commissioner of Internal Revenue and approved by the Board of Tax Appeals.

It appears that the Atlantic & Birmingham Construction Company, a corporation, was organized in the year 1905, and that the appellant acquired a large amount of its stock. By 1908 the corporation was heavily involved, and appellant, together with...

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