1. Home
  2. Browse Decisions
  3. F.Supp.
  4. 180 F.Supp.
  5. 180 F.Supp. 833 (1960)
 

BROWN v. UNITED STATES

No. 1908.

180 F.Supp. 833 (1960)

William W. BROWN, Helen Brown, Emily M. Kiekbusch, Edward S. Vassaw and Alexina Vassaw, Plaintiff, v. UNITED STATES of America, Defendant.

United States District Court E. D. Michigan, N. D.

February 3, 1960.

Attorney(s) appearing for the Case

Smith & Brooker, Bay City, Mich., Cummings & Wyman, Chicago, Ill., for plaintiffs.

Fred W. Kaess, U. S. Atty., Elmer Pfeifle, Jr., Asst. U. S. Atty., Detroit, Mich., Charles K. Rice, Asst. Atty. Gen., for defendant.

PICARD, District Judge.

The question in this case revolves around whether "sale" of certain stocks should be reported as "capital gain" or "dividend." Plaintiffs, the taxpayers, first made their returns as "capital gain" but the Internal Revenue Department assessed deficiencies which taxpayers now sue to recover.

Here are the facts—

Saginaw Transfer Company, Inc. (hereinafter called "Transfer") was incorporated October 1, 1945 as a public carrier...

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