TWIN BELL OIL SYNDICATE v. HELVERING

No. 7190.

70 F.2d 402 (1934)

TWIN BELL OIL SYNDICATE v. HELVERING, Commissioner of Internal Revenue. HELVERING, Commissioner of Internal Revenue, v. TWIN BELL OIL SYNDICATE.

Circuit Court of Appeals, Ninth Circuit.

April 12, 1934.


Attorney(s) appearing for the Case

Claude I. Parker, John B. Milliken, and George H. Koster, all of Los Angeles, Cal. (L. A. Luce, of Washington, D. C., of counsel), for taxpayer.

Sewall Key and Francis H. Horan, Sp. Assts. to Atty. Gen., for Commissioner.

Before WILBUR, SAWTELLE, and GARRECHT, Circuit Judges.


SAWTELLE, Circuit Judge.

Petitions for review from a decision of the Board of Tax Appeals have been brought to this court by both the taxpayer and the Commissioner. The Board held that there were income tax deficiencies for the years 1925, 1926, and 1927 in the amounts of $52,835.31, $9,194.63, and $2,631.60, respectively. 26 B. T. A. 172.

On May 3, 1929, the Commissioner notified the taxpayer that he had determined deficiencies in the latter's income tax...

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