JOHN H. FARISH & CO. v. COMMISSIONER OF INTERNAL REVENUE

No. 349.

31 F.2d 79 (1929)

JOHN H. FARISH & CO. v. COMMISSIONER OF INTERNAL REVENUE.

Circuit Court of Appeals, Eighth Circuit.

February 20, 1929.


Attorney(s) appearing for the Case

Chase Morsey, of St. Louis, Mo., for petitioners.

John Vaughan Groner, of Norfolk, Va. (Mabel Walker Willebrandt, Asst. Atty. Gen., Barham R. Gary, Sp. Asst. Atty. Gen., and C. M. Charest, Gen. Counsel, Bureau of Internal Revenue, Irwin R. Blaisdell, Sp. Atty., Bureau of Internal Revenue, both of Washington, D. C., on the brief), for respondent.

Before KENYON, Circuit Judge, and JOHNSON and McDERMOTT, District Judges.


KENYON, Circuit Judge.

This is an appeal from a decision of the United States Board of Tax Appeals. Petitioner, herein called appellant, was engaged in the city of St. Louis in the real estate business, which consisted principally in collecting rents for clients. He had in his employ for many years a person acting as cashier and bookkeeper, whose duty was to deposit the money collected as rents in the bank, where an account covering rent collections solely was kept...

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