COMMISSIONER OF INTERNAL REVENUE v. OXFORD PAPER CO.

Nos. 122-125, Docket Nos. 22105-22108.

194 F.2d 190 (1952)

COMMISSIONER OF INTERNAL REVENUE v. OXFORD PAPER CO.

United States Court of Appeals Second Circuit.

Decided February 5, 1952.


Attorney(s) appearing for the Case

Theron Lamar Caudle, Asst. Atty. Gen., Ellis N. Slack, Lee A. Jackson, Hilbert P. Zarky, Special Assts. to the Atty. Gen., for petitioner.

Willke, Owen, Farr, Gallagher & Walton, New York City (Thomas N. Tarleau, Charles A. Davey, New York City, of counsel), for respondents.

Before CHASE, CLARK and FRANK, Circuit Judges.


CHASE, Circuit Judge.

By an order of this court, made pursuant to a stipulation of the parties, three other petitions to review decisions of the Tax Court were consolidated for hearing with this petition and, the legal principles applicable to all being the same, decision as to them is to be entered in accordance with the decision here.

The question presented is whether the taxpayer, in computing its taxes in each of the taxable years involved, was entitled...

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