BABOQUIVARI CATTLE CO. v. COMMISSIONER OF INTERNAL REV.

No. 10292.

135 F.2d 114 (1943)

BABOQUIVARI CATTLE CO. v. COMMISSIONER OF INTERNAL REVENUE.

Circuit Court of Appeals, Ninth Circuit.

April 5, 1943.


Attorney(s) appearing for the Case

John W. Townsend and Lloyd Fletcher, Jr., both of Washington, D. C., and Ralph W. Bilby and T. K. Shoenhair, both of Tucson, Ariz., for petitioner.

Samuel O. Clark, Jr., Asst. Atty. Gen., and Sewall Key, Joseph M. Jones, and Maryhelen Wigle, Sp. Assts. to Atty. Gen., for respondent.

Before GARRECHT, HANEY, and HEALY, Circuit Judges.


HEALY, Circuit Judge.

Petition to review a decision of the Board of Tax Appeals sustaining the assessment of deficiencies in income taxes for 1937 and 1938. The case concerns the taxability as income of payments made to the petitioner by the United States in accordance with the Soil Conservation and Domestic Allotment Act.1

Petitioner is an Arizona corporation. In the taxable years it was engaged in the operation of a cattle ranch...

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