BARNETT INV. CO. v. NEE

No. 1947.

72 F.Supp. 81 (1947)

BARNETT INV. CO. v. NEE.

District Court, W. D. Missouri, W. D.

June 20, 1947.


Attorney(s) appearing for the Case

Haysler A. Poague, of Clinton, Mo., and Cowgill & Popham, of Kansas City, Mo. (Sam Mandell, of Kansas City, Mo., of counsel), for plaintiff.

Sewall Key, Acting Asst. Atty. Gen., Andrew D. Sharpe and James P. Garland, Sp. Assts. to Atty. Gen., and Sam M. Wear, U. S. Atty., of Kansas City, Mo., for defendants.


REEVES, District Judge.

The only question for decision in this case is whether the plaintiff was entitled to a deficiency dividend credit under certain provisions of the Revenue Law.

Admittedly the plaintiff is a personal holding company and concededly it did not comply with the provisions of the statute enabling it to claim a deficiency credit dividend. It is alleged in the complaint (and the testimony and arguments of counsel support the allegation), that...

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