NIGHT HAWK LEASING CO. v. BURNET

No. 5348.

57 F.2d 612 (1932)

NIGHT HAWK LEASING CO. v. BURNET, Commissioner of Internal Revenue.

Court of Appeals of District of Columbia.

March 14, 1932.


Attorney(s) appearing for the Case

George E. H. Goodner, of Washington, D. C., for appellant.

Sewall Key, C. M. Charest, W. E. Davis, and John H. McEvers, all of Washington, D.C., for appellee.

Before MARTIN, Chief Justice, and ROBB, VAN ORSDEL, and GRONER, Associate Justices.


MARTIN, Chief Justice.

This case involves deficiencies in corporation income taxes for the years 1923 to 1927, inclusive, in the total amount of $24,245.64, arising from the disallowance by the commissioner of deductions claimed by appellant taxpayer for depletion in the operation of a certain mining claim.

Appellant is an Arizona corporation, and during the years in question it was engaged in mining copper on leased premises. In 1919 it leased from the Phelps...

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