BAUMAN v. UNITED STATES

Nos. 8264(2), 8265(2).

106 F.Supp. 384 (1952)

BAUMAN v. UNITED STATES. ROSENBERGER v. UNITED STATES.

United States District Court E. D. Missouri, E. D.

July 28, 1952.


Attorney(s) appearing for the Case

Lowenhaupt, Waite, Chasnoff & Stolar, H. M. Stolar and Norman Begeman, all of St. Louis, Mo., for plaintiff.

George L. Robertson, U. S. Atty., and Allan McD. Goodloe, Asst. U. S. Atty., both of St. Louis, Mo., for defendant.


HULEN, District Judge.

The question for ruling is whether yearly payments received by plaintiffs between 1932 and 1942, totaling $25,227.94, from a corporation, organized to hold real estate for the stockholders, were liquidating dividends to be applied in adjusting cost basis of securities issued by the corporation on a final or partial liquidation of the paying corporation, or income which plaintiffs should have reported as such for the years received. Two cases...

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