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C. F. KETTERING, INC. v. GLANDER

No. 32374.

98 N.E.2d 793 (1951)

155 Ohio St. 356

C. F. KETTERING, Inc., v. GLANDER.

Supreme Court of Ohio.

May 2, 1951.

Attorney(s) appearing for the Case

Coolidge, Becker, Wall & Wood, Dayton, for appellee and cross-appellant.

Herbert S. Duffy and C. William O'Neill, Atty. Gen., Donald B. Leach and Robert E. Leach, Columbus, for appellant and cross-appellee.

MIDDLETON, Judge.

In connection with his appeal, the Tax Commissioner submits the following questions:

(1) Where a foreign corporation is organized for the purpose of buying, selling and trading in investments, acquires investments at the time of organization in exchange for its capital stock and buys, sells and trades in investments, including some of those acquired at the time of its organization, do particular investment item so acquired but not disposed...

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