ROYAL PACKING CO. v. LUCAS

No. 5821.

38 F.2d 180 (1930)

ROYAL PACKING CO. v. LUCAS, Commissioner of Internal Revenue.

Circuit Court of Appeals, Ninth Circuit.

February 10, 1930.


Attorney(s) appearing for the Case

Dan J. Chapin, of Los Angeles, Cal., for petitioner.

G. A. Youngquist, Asst. Atty. Gen., Sewall Key, Harvey R. Gamble, and Randolph C. Shaw, Sp. Assts. to Atty, Gen. (C. M. Charest, Gen. Counsel, and J. S. Franklin, Sp. Atty., Bureau of Internal Revenue, both of Washington, D. C., of counsel), for respondent.

Before RUDKIN, DIETRICH, and WILBUR, Circuit Judges.


WILBUR, Circuit Judge.

This is an appeal from an order of the United States Board of Tax Appeals made after rehearing ordered on a previous appeal by this court. Royal Packing Co. v. Commissioner of Internal Revenue, 22 F.2d 536. We refer to the previous opinion for a statement of the facts.

The question involved is the right of the taxpayer to charge off $15,000 as a loss incurred in the fiscal year January 31, 1919, because...

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