CONTINENTAL OIL CO. v. HELVERING

No. 6918.

100 F.2d 101 (1938)

CONTINENTAL OIL CO. v. HELVERING, Com'r of Internal Revenue.

United States Court of Appeals for the District of Columbia.

Decided October 3, 1938.


Attorney(s) appearing for the Case

Arthur B. Hyman, of New York City, for petitioner.

James W. Morris, Sewall Key, Morrison Shafroth, Frank M. Thompson, and Ellis N. Slack, all of Washington, D. C., for respondent.

Before MILLER and EDGERTON, Associate Justices, and PROCTOR, Associate Justice of the District Court of the United States for the District of Columbia.


MILLER, Associate Justice.

This is a petition to review a decision of the Board of Tax Appeals1 determining transferee liability for deficiencies in income taxes for the period January 1 to March 15, 1920, in the amount of $37,344.59.

During the period involved, the Mutual Oil Company of Maine, hereinafter referred to as Maine, owned the entire capital stock of the Mutual Oil Company of Arizona, Mutual Refining and Producing Company...

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