1. Home
  2. Browse Decisions
  3. F.2d
  4. 92 F.2d
  5. 92 F.2d 596 (1937)
 

AMERICAN CIGARETTE & CIGAR CO. v. BOWERS

No. 45.

92 F.2d 596 (1937)

AMERICAN CIGARETTE & CIGAR CO. v. BOWERS.

Circuit Court of Appeals, Second Circuit.

November 8, 1937.

Attorney(s) appearing for the Case

Robert H. Montgomery, of New York City (Thomas G. Haight, of Jersey City, N. J., and James O. Wynn and George G. Blattmachr, both of New York City, of counsel), for appellant.

Lamar Hardy, U. S. Atty., of New York City (Malcolm A. Crusius, Asst. U. S. Atty., of New York City, of counsel), for appellee.

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

L. HAND, Circuit Judge.

The question on which this action depends is the propriety of a deduction which the plaintiff sought to take from its gross income in computing its net income for the year 1924. It had been the holder of 48% of the shares of the Havana Tobacco Company, which owned all the shares of Cabanas y Carabajal and of J. S. Murias y Ca., both cigar manufacturers in Havana. The plaintiff had lent large sums to J. S. Murias y Ca., and was its only creditor...

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