STROTHER v. BURNET, COMMISSIONER OF INTERNAL REVENUE

No. 105.

287 U.S. 314 (1932)

STROTHER v. BURNET, COMMISSIONER OF INTERNAL REVENUE.

Supreme Court of United States.

Decided December 5, 1932.


Attorney(s) appearing for the Case

Mr. Camden R. McAtee, with whom Mr. Wells Goodykoontz was on the brief, for petitioner.

Assistant Attorney General Youngquist, with whom Solicitor General Thacher, and Messrs. Whitney North Seymour, Sewall Key, and Andrew D. Sharpe were on the brief, for respondent.


MR. JUSTICE STONE delivered the opinion of the Court.

The decision in this case, which is here on certiorari, turns on that in Bankers Pocahontas Coal Co. v. Burnet, just decided, ante, p. 308.

Petitioner, a stockholder in the Bankers Pocahontas Coal Co., received dividends upon his stock which were, to some extent, a distribution of the royalty payments received by the corporation and involved in its suit against the Commissioner. The...

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