KOPPERS CO. v. DRISCOLL

No. 649 Civil Action.

40 F.Supp. 57 (1941)

KOPPERS CO. v. DRISCOLL, Collector of Internal Revenue.

District Court, W. D. Pennsylvania.

August 12, 1941.


Attorney(s) appearing for the Case

Thomas J. Michie, Jr., and J. Reynolds Smith, both of Pittsburgh, Pa., and Charles D. Evans, John E. McClure, and David W. Richmond, all of Washington, D. C., for plaintiff.

Charles F. Uhl, U. S. Atty., and George Mashank and Elliott W. Finkel, Asst. U. S. Attys., all of Pittsburgh, Pa., and Paul S. McMahon, Sp. Asst. to Atty. Gen., for defendant.


GIBSON, District Judge.

The plaintiff is successor in interest to the Aden Company, the taxpayer. The Aden Company was incorporated under the laws of Delaware on July 18, 1928, and had its principal office in Pittsburgh, Pennsylvania, until October 14, 1936, when it surrendered its charter and was dissolved. The plaintiff herein was its sole stockholder.

For the period ending June 30, 1934, the Aden Company had declared the value of its capital stock as $345...

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