VENTURA CONSOL. OIL FIELDS v. WELCH


6 F.Supp. 327 (1934)

VENTURA CONSOL. OIL FIELDS v. WELCH, Collector of Internal Revenue.

District Court, S. D. California, Central Division.

March 20, 1934.


Attorney(s) appearing for the Case

Charles C. Stanley, R. K. Barrows, and J. A. Tucker, all of Los Angeles, Cal., for plaintiff.

Samuel W. McNabb, U. S. Atty., and Ignatius F. Parker and Alva C. Baird, Asst. U. S. Attys., all of Los Angeles, Cal., for defendant.


COSGRAVE, District Judge.

Action in equity to restrain the collection by the collector of internal revenue of certain income and excess profits taxes levied against plaintiff and its subsidiaries. The case is submitted upon an agreed statement of facts. The assessments, the collection of which the plaintiff seeks to restrain, are for the four years of 1920 to 1923, inclusive.

For these four years the plaintiff regularly made its returns and the taxes disclosed...

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