PEAVY-WILSON LUMBER CO. v. COMMISSIONER OF INT. REV.

Nos. 6084-6092, 6158-6160.

51 F.2d 163 (1931)

PEAVY-WILSON LUMBER CO. v. COMMISSIONER OF INTERNAL REVENUE, and Eleven Other Cases.

Circuit Court of Appeals, Fifth Circuit.

Motion for Amendment of Opinion Denied July 28, 1931.


Attorney(s) appearing for the Case

S. L. Herold and John B. Files, both of Shreveport, La. (S. P. Cousin, of Shreveport, La., on the brief), for petitioners in Nos. 6084 to 6092, inclusive, and for respondents in Nos. 6158 to 6160, inclusive.

G. A. Youngquist, Asst. Atty. Gen., Sewall Key, John MacC. Hudson, Sp. Assts. to Atty. Gen., and C. M. Charest, Gen. Counsel., Bureau Internal Revenue, Percy S. Crewe, Sp. Atty., Bureau Internal Revenue, both of Washington, D. C., for respondent in Nos. 6084 to 6092, inclusive, and for petitioner in Nos. 6158 to 6160, inclusive.

Before BRYAN, SIBLEY, and HUTCHESON, Circuit Judges.


BRYAN, Circuit Judge.

These are petitions in two sets, one by three corporations and the other by the Commissioner of Internal Revenue, to review a decision of the Board of Tax Appeals reported in 14 B. T. A. 625. The corporations complain because the board, in arriving at the amounts of income and profit taxes payable by them during all or a part of the period covered by the taxable years 1916 to 1922, adopted November 20, 1909, the date of a timber contract referred...

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