REPORTER PUB. CO. v. COMMISSIONER OF INTERNAL REVENUE

No. 4542.

201 F.2d 743 (1953)

REPORTER PUB. CO., Inc. v. COMMISSIONER OF INTERNAL REVENUE.

United States Court of Appeals Tenth Circuit.

January 30, 1953.


Attorney(s) appearing for the Case

Thurman Hill, Washington, D. C., for petitioner.

Charles S. Lyon, Asst. Atty. Gen., Ellis N. Slack and Harry Baum, Sp. Assts. to the Atty. Gen., on the brief, for respondent.

Before BRATTON, HUXMAN and MURRAH, Circuit Judges.


HUXMAN, Circuit Judge.

The question presented for our consideration is whether the appellant taxpayer sustained a deductible capital loss for income tax purposes by reason of the decision of the Supreme Court of the United States in Associated Press v. United States, 326 U.S. 1, 65 S.Ct. 1416, 89 L.Ed. 2013, holding illegal the by-laws of the Associated Press granting to appellant as a member thereof an exclusive membership in the Association...

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