HENRIETTA MILLS v. COMMISSIONER OF INTERNAL REVENUE

No. 3165.

52 F.2d 931 (1931)

HENRIETTA MILLS, Inc., v. COMMISSIONER OF INTERNAL REVENUE.

Circuit Court of Appeals, Fourth Circuit.

October 12, 1931.


Attorney(s) appearing for the Case

Leon F. Cooper and Glessner, Neuland & Cooper, all of Washington, D. C., for petitioner.

Randolph C. Shaw, Sp. Asst. to Atty. Gen. (G. A. Youngquist, Asst. Atty. Gen., Sewall Key and John G. Remey, Sp. Assts. to Atty. Gen., and C. M. Charest, Gen. Counsel, Bureau of Internal Revenue, and William E. Davis, Sp. Atty., Bureau of Internal Revenue, both of Washington, D. C., on the brief), for respondent.

Before PARKER, NORTHCOTT, and SOPER, Circuit Judges.


NORTHCOTT, Circuit Judge.

This case involves income taxes for the fiscal year ending March 31, 1923, in the sum of $35,112.53. The appeal is taken from decision (order of redetermination) of the United States Board of Tax Appeals entered September 13, 1930, reported in 20 B. T. A. 651.

The facts were stipulated and are as follows:

Petitioner is a corporation organized under the laws of North Carolina, with its principal office at Caroleen. It kept...

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