PINELLAS ICE CO. v. COMMISSIONER

No. 182.

287 U.S. 462 (1933)

PINELLAS ICE & COLD STORAGE CO. v. COMMISSIONER OF INTERNAL REVENUE.

Supreme Court of United States.

Decided January 9, 1933.


Attorney(s) appearing for the Case

Mr. Albert L. Hopkins, with whom Messrs. Harry B. Sutter and Jay C. Halls were on the brief, for petitioner.

Mr. Whitney North Seymour, with whom Solicitor General Thacher, Assistant Attorney General Youngquist, and Messrs. Sewall Key, J. Louis Monarch, and Erwin N. Griswold were on the brief, for respondent.


MR. JUSTICE McREYNOLDS delivered the opinion of the Court.

Petitioner, a Florida corporation, made and sold ice at St. Petersburg. Substantially the same stockholders owned the Citizens Ice and Cold Storage Company, engaged in like business at the same place. In February, 1926, Lewis, general manager of both companies, began negotiations for the sale of their properties to the National Public Service Corporation. Their directors and stockholders were anxious to sell...

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