1. Home
  2. Browse Decisions
  3. U.S.
  4. 289 U.S.
  5. 289 U.S. 620 (1933)
 

TAIT v. WESTERN MD. RY. CO.

No. 842.

289 U.S. 620 (1933)

TAIT, COLLECTOR OF INTERNAL REVENUE, v. WESTERN MARYLAND RAILWAY CO.

Supreme Court of United States.

Decided May 29, 1933.

Attorney(s) appearing for the Case

Mr. Whitney North Seymour, with whom Solicitor General Biggs and Messrs. Sewall Key and J. Louis Monarch were on the brief, for petitioner.

Messrs. Eugene S. Williams and Wm. C. Purnell for respondent.

By leave of Court, Mr. John J. Finnorn filed a brief as amicus curiae.

MR. JUSTICE ROBERTS delivered the opinion of the Court.

Between the years 1902 and 1908 The Western Maryland Rail Road Company, a Maryland corporation, sold and issued at a discount, large amounts of its first mortgage bonds. In foreclosure proceedings under a second mortgage its entire property was sold to a reorganization committee representing second mortgage bondholders, and a new company formed under the name The Western

NEVER MISS A DECISION. START YOUR SUBSCRIPTION.

Uncompromising quality. Enduring impact.
Your support ensures a bright future for independent legal reporting.

As you are aware we have offered this as a free subscription over the past years and we have now made it a paid service.Look forward to your continued patronage.

GET STARTED
OR

Read it with your Leagle account.
Sign in to continue


Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases