PEERLESS INV. CO. v. COMMISSIONER OF INTERNAL REVENUE

No. 7696.

80 F.2d 427 (1935)

PEERLESS INV. CO. v. COMMISSIONER OF INTERNAL REVENUE.

Circuit Court of Appeals, Ninth Circuit.

December 17, 1935.


Attorney(s) appearing for the Case

M. M. Matthiessen and Robert R. Rankin, both of Portland, Or., for petitioner.

Frank J. Wideman, Asst. Atty. Gen., and Sewall Key, John MacC. Hudson, and J. P. Jackson, Sp. Assts. to the Atty. Gen., for respondent.

Before WILBUR, DENMAN, and MATHEWS, Circuit Judges.


DENMAN, Circuit Judge.

The petitioner herein seeks a review of a decision of the United States Board of Tax Appeals finding a deficiency in petitioner's 1929 income tax of $2,728.92 and denying his claim for refund of $5,688.91, the tax already paid for the year in question.

In 1928 one William L. James, acting on behalf of the Pacific Stages Company, an Oregon corporation, and on behalf of all its stockholders, of which he was one, sold to the Southern Pacific...

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