STANDARD PAVING C. v. COMMISSIONER OF INTERNAL REV.

Nos. 4145, 4146.

190 F.2d 330 (1951)

STANDARD PAVING CO. et al. v. COMMISSIONER OF INTERNAL REVENUE. STANDARD PAVING CO. v. COMMISSIONER OF INTERNAL REVENUE.

United States Court of Appeals Tenth Circuit.

June 26, 1951.


Attorney(s) appearing for the Case

Roger S. Randolph, Tulsa, Okl. (Conner, Winters, Lee & Randolph, Tulsa, Okl., on the brief), for petitioners.

Irving I. Axelrad, Washington, D. C. (Theron Lamar Caudle, Asst. Atty. Gen., Ellis N. Slack, A. F. Prescott, Special Assts. to the Atty. Gen. on the brief), for respondent.

Before HUXMAN, MURRAH, and PICKETT, Circuit Judges.


PICKETT, Circuit Judge.

These cases are before us upon petitions to review a decision of the Tax Court, 13 T.C. 425. They involve identical questions and are presented in a consolidated record and will be considered together in this opinion. The Tax Court determined deficiencies in the federal declared value excess profits tax and excess profits tax of Standard Paving Company, a dissolved Oklahoma corporation, herein referred to as...

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