BALTIMORE EQUITABLE SOC. v. UNITED STATES

No. 43150.

17 F.Supp. 188 (1936)

BALTIMORE EQUITABLE SOC. v. UNITED STATES.

Court of Claims.

December 7, 1936.


Attorney(s) appearing for the Case

Stanley Worth, of Washington, D. C., for plaintiff.

Guy Patten, of Washington, D. C., and Robert H. Jackson, Asst. Atty. Gen., for the United States.

Before BOOTH, Chief Justice, and GREEN, LITTLETON, WILLIAMS, and WHALEY, Judges.


GREEN, Judge.

This case turns on the question of whether the plaintiff is a "mutual" insurance company within the meaning of that word as used in the federal taxing acts.

The plaintiff is a voluntary association organized for the purpose of carrying on a fire insurance business incorporated in 1794. Under its original charter the plaintiff was authorized to issue fire insurance to its members who contributed to the losses and shared in the gains equally. In...

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