ALPHONZO E. BELL CORP. v. COMMISSIONER OF INT. REV.

No. 10385.

145 F.2d 157 (1944)

ALPHONZO E. BELL CORPORATION v. COMMISSIONER OF INTERNAL REVENUE.

Circuit Court of Appeals, Ninth Circuit.

Rehearing Denied December 29, 1944.


Attorney(s) appearing for the Case

Thomas R. Dempsey, Arthur H. Deibert, and William L. Kumler, all of Los Angeles, Cal., for petitioner.

Samuel O. Clark, Jr., Asst. Atty. Gen., and Sewall Key, Helen R. Carloss, and F. E. Youngman, Sp. Assts. to Atty. Gen., for respondent.

Haight, Trippet & Syvertson, of Los Angeles, Cal., for Bell View Oil Syndicate, amicus curiae.

Before WILBUR, MATHEWS, and STEPHENS, Circuit Judges.


STEPHENS, Circuit Judge.

Taxpayer petitions to review a decision of the Board of Tax Appeals (now called the Tax Court) determining a deficiency in its income tax for the calendar year 1938.

Facts found by the Board and unchallenged by the parties are as follows. In 1938 petitioner, a California corporation, owned certain oil lands in Los Angeles County, herein termed the Bell property. The property was leased by Union Oil Co. of California, herein called...

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