PHILLIPS-JONES CORP. v. PARMLEY

No. 45.

302 U.S. 233 (1937)

PHILLIPS-JONES CORPORATION ET AL. v. PARMLEY, EXECUTRIX, ET AL.

Supreme Court of United States.

Decided December 6, 1937.


Attorney(s) appearing for the Case

Mr. Robert T. McCracken, with whom Mr. Milton J. Levitt was on the brief, for petitioners.

Case submitted on brief for Margaret Wilkinson, respondent, by Margaret Wilkinson, pro se.


MR. JUSTICE BRANDEIS delivered the opinion of the Court.

The sole question for decision is the stockholder's right to contribution.

In 1919, the Coombs Garment Company, a Pennsylvania corporation, wound up its affairs and distributed its assets ratably among its eleven stockholders. In 1924 and 1925, the Commissioner of Internal Revenue assessed against the company additional income and profits taxes for the years 1918 and 1919. To the extent of $9,306.36...

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