TRANSAMERICA CORPORATION v. LEWIS

No. 20392-R.

28 F.Supp. 765 (1939)

TRANSAMERICA CORPORATION v. LEWIS, Collector of Internal Revenue.

District Court, N. D. California, S. D.

August 9, 1939.


Attorney(s) appearing for the Case

Claude I. Parker and Bayley Kohlmeier, both of Los Angeles, Cal., for plaintiff.

Frank J. Hennessy, U. S. Atty., and Esther B. Phillips, Asst. U. S. Atty. both of San Francisco, Cal., for defendant.


ROCHE, District Judge.

Plaintiff seeks recovery of documentary stamp taxes assessed and collected under the provisions of Title VIII, Section 800, Schedule A(3) of the Revenue Act of 1926, as amended by Section 723 of the Revenue Act of 1932, 26 U.S.C.A. §§ 902 (b), 921(b) (1). The taxes were imposed by defendant, as Collector of Internal Revenue, upon a transaction whereby plaintiff, on August 6, 1935, purchased 361,202 shares of its capital stock. On March...

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