1. Home
  2. Browse Decisions
  3. F.2d
  4. 123 F.2d
  5. 123 F.2d 555 (1941)
 

LAWRENCE v. COMMISSIONER OF INTERNAL REVENUE

No. 7583.

123 F.2d 555 (1941)

LAWRENCE v. COMMISSIONER OF INTERNAL REVENUE.

Circuit Court of Appeals, Seventh Circuit.

November 15, 1941.

Attorney(s) appearing for the Case

Frank C. Olive and Forman D. McCurdy, both of Indianapolis, Ind., for petitioner.

J. P. Wenchel, Bureau of Int. Revenue, of Washington, D. C., Samuel O. Clark, Jr., Asst. Atty. Gen., and Morton K. Rothschild, of Washington, D. C., for respondent.

Before SPARKS, KERNER, and MINTON, Circuit Judges.

MINTON, Circuit Judge.

The Commissioner determined a deficiency in Petitioner's income tax for the year 1932. This appeal is from a decision of the Board of Tax Appeals affirming the Commissioner's determination. The sole question is: Did Petitioner realize taxable income as a result of the exchange of his stock in White Star Motor Oil Company for stock in Socony-Vacuum Corporation, White Star Oil Company, Inc., and White Star Oil Corporation?

The Commissioner...

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