CROCKER v. COMMISSIONER OF INTERNAL REVENUE

No. 5749.

84 F.2d 64 (1936)

CROCKER et al. v. COMMISSIONER OF INTERNAL REVENUE.

Circuit Court of Appeals, Seventh Circuit.

Rehearing Denied July 9, 1936.


Attorney(s) appearing for the Case

Robt. P. Vail, of Decatur, Ill., for petitioners.

John MacC. Hudson, Frank J. Wideman, both of Washington, D. C., Robert H. Jackson, Asst. Atty. Gen., and Sewall Key and A. F. Prescott, Sp. Assts. to the Atty. Gen., for respondent.

Before EVANS and SPARKS, Circuit Judges, and LINDLEY, District Judge.


LINDLEY, District Judge.

Petitioners appeal from decisions of the United States Board of Tax Appeals approving the assessment of taxes of $6,255.75 against them as transferees of the Maroa Electric Light Company in three appeals there heard in a consolidated proceeding.

The light company was incorporated in 1892 for 20 years. Its charter was forfeited prior to expiration because of failure to file statutory reports, but, until the sale hereinafter mentioned...

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