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GLIDE v. COMMISSIONER OF INTERNAL REVENUE

No. 7470.

75 F.2d 1014 (1935)

Lizzie H. GLIDE, Petitioner, v. COMMISSIONER OF INTERNAL REVENUE, Respondent.

Circuit Court of Appeals, Ninth Circuit.

March 4, 1935.

Attorney(s) appearing for the Case

J. S. Y. Ivins, of Washington, D. C., for petitioner.

Frank J. Wideman, Asst. Atty. Gen., for respondent.

Before WILBUR, Circuit Judge, and ST. SURE, District Judge.

PER CURIAM.

Upon stipulation of counsel for respective parties, ordered decision of Board of Tax Appeals reversed, that a decree be filed and entered remanding the cause to the said Board of Tax Appeals with directions to recompute the tax for the year 1926 and 1927 and allow the taxpayer as a depletion deduction for the year 1926 27½ per centum of $577,663, and for the year 1927 27½ per centum of $120,000, the amount of the bonus payments made in each of...

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