FIFTEENTH STREET INV. CO. v. NICHOLAS

No. 10829.

23 F.Supp. 863 (1938)

FIFTEENTH STREET INV. CO. v. NICHOLAS, Collector of Internal Revenue.

District Court, D. Colorado.

July 7, 1938.


Attorney(s) appearing for the Case

Benedict & Phelps, of Denver, Colo., for plaintiff.

Thomas J. Morrissey, U. S. Atty., and Ivor O. Wingren, Asst. U. S. Atty., both of Denver, Colo., for Collector of Internal Revenue.


SYMES, District Judge.

This cause was tried to the court without a jury upon an agreed stipulation of facts.

About March 1, 1929 the plaintiff leased to the Mountain States Theatre Corporation a parcel of real estate in Denver, owned by it, for 25 years at a fixed rental, and agreed to expend $262,500, including architect's fees, in the erection of a theatre building, plans and specifications for which were furnished by the lessee. The latter under the lease...

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