WILMORE S. S. CO. v. COMMISSIONER OF INTERNAL REVENUE

No. 282.

78 F.2d 667 (1935)

WILMORE S. S. CO., Inc., v. COMMISSIONER OF INTERNAL REVENUE.

Circuit Court of Appeals, Second Circuit.

July 15, 1935.


Attorney(s) appearing for the Case

John B. Sullivan, Jr., of Boston, Mass., for petitioner.

Frank J. Wideman, Asst. Atty. Gen. (Sewall Key and Lucius A. Buck, Sp. Assts. to Atty. Gen., of counsel), for respondent.

Before L. HAND, AUGUSTUS N. HAND, and CHASE, Circuit Judges.


AUGUSTUS N. HAND, Circuit Judge (after stating the facts as above).

The taxpayer kept its books on the accrual basis and properly entered for 1928 the amount awarded to it that year by the Mixed Claims Commission under the Settlement of War Claims Act of 1928 (45 Stat. 254). Automobile Ins. Co. v. Commissioner, 72 F.2d 265 (C. C. A. 2).

The questions before us are: (1) Whether the...

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