O'LAUGHLIN v. HELVERING

No. 6494.

81 F.2d 269 (1935)

O'LAUGHLIN v. HELVERING, Com'r of Internal Revenue.

United States Court of Appeals for the District of Columbia.

Decided December 16, 1935.


Attorney(s) appearing for the Case

Laurence Graves, of Washington, D. C., for petitioner.

Frank J. Wideman, Asst. Atty. Gen., and Robert H. Jackson, Nathan Gammon, Sewall Key, John MacC. Hudson, and Harry Marselli, all of Washington, D. C., for respondent.

Before MARTIN, Chief Justice, and ROBB, VAN ORSDEL, GRONER, and STEPHENS, Associate Justices.


GRONER, Associate Justice.

In 1927 and 1928 Central Lime & Cement Company, an Illinois corporation, was in the business of selling building and paving materials in the city of Chicago and in fifty or sixty towns and villages in Cook county, Ill. Petitioner was its secretary.

In February, 1927, the board of directors of the corporation adopted the following resolution:

"Resolved, That an amount equivalent to one-fourth of one percent of the...

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