1. Home
  2. Browse Decisions
  3. F.2d
  4. 83 F.2d
  5. 83 F.2d 891 (1936)
 

BIG FOUR OIL & GAS CO. v. COMMISSIONER OF INTERNAL REV.

No. 5295.

83 F.2d 891 (1936)

BIG FOUR OIL & GAS CO. v. COMMISSIONER OF INTERNAL REVENUE.

Circuit Court of Appeals, Third Circuit.

April 2, 1936.

Attorney(s) appearing for the Case

Thomas J. Reilly and William J. Byrne, both of New York City (J. P. Gardner, of counsel), for petitioner.

Frank J. Wideman, Asst. Atty. Gen., Sewall Key and John G. Remey, Sp. Assts. to the Atty. Gen., and Carlton Fox, of Washington, D.C., for respondent.

Paul Armitage, of New York City, amicus curiae.

Before DAVIS and THOMPSON, Circuit Judges, and FAKE, District Judge.

PER CURIAM.

The petitioner is the owner of certain oil leases upon which the Commissioner of Internal Revenue allowed depletion for the year 1928 at the rate of 27½ per cent. of income production. For the years prior to 1928 depletion allowances were ascertained upon the basis of values and reserves as of March 1, 1913, as estimated by the petitioner. That estimate was found to be too low as to three leases, to wit: The E. J. Seed, the L. M. Seed, and the Sherman...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases