PEYTON DU-PONT SECURITIES CO. v. COMMISSIONER OF INT. REV.

No. 412.

66 F.2d 718 (1933)

PEYTON DU-PONT SECURITIES CO. v. COMMISSIONER OF INTERNAL REVENUE.

Circuit Court of Appeals, Second Circuit.

August 29, 1933.


Attorney(s) appearing for the Case

Walter J. Bartnett, of New York City, for petitioner.

Sewall Key, A. H. Conner, and John H. McEvers, Sp. Assts. to Atty. Gen., and C. M. Charest, Gen. Counsel, Bureau of Internal Revenue, and J. M. Leinenkugel, Sp. Atty., Bureau of Internal Revenue, both of Washington, D. C., for respondent.

Before MANTON, SWAN, and CHASE, Circuit Judges.


CHASE, Circuit Judge.

In 1923, the petitioner and three other corporations, Southern Menhaden Corporation, McIntosh-Morello Orchards Company, Inc., and Charles J. Maxwell & Co., which will hereafter be referred to as Menhaden, Orchards, and Maxwell, occupied the same offices, had interlocking directorates, were operated together by the same persons, and were financed by the petitioner.

Separate returns were filed...

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