UNITED STATES v. HORSCHEL

No. 13189.

205 F.2d 646 (1953)

UNITED STATES v. HORSCHEL.

United States Court of Appeals Ninth Circuit.

June 15, 1953.


Attorney(s) appearing for the Case

Ellis N. Slack, Acting Asst. Atty. Gen., Robert N. Anderson, John J. Kelley, Jr., Howard Locke, Sp. Assts. to the Atty. Gen., Harvey Erickson, U. S. Atty., Spokane, Wash., and Lloyd L. Wiehl, Asst. U. S. Atty., Yakima, Wash., for appellant.

Harry L. Olson, Fred C. Palmer, John Wm. McArdle, Yakima, Wash., for appellee.

Before ORR, Circuit Judge, and LING and BYRNE, District Judges.


BYRNE, District Judge.

The sole question presented on this appeal is whether part of the distribution of assets made by a corporation upon its liquidation constituted an assignment of anticipated income taxable to it.

The Selah State Bank conducted banking operations in Selah, Washington, and in 1920 the shareholders of the bank organized the Selah Securities Company as an adjunct to the banking business, primarily for the purpose of acquiring and holding...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases