RIDDELL v. MONOLITH CEMENT CO.

No. 528.

371 U.S. 537 (1963)

RIDDELL, DISTRICT DIRECTOR OF INTERNAL REVENUE, v. MONOLITH PORTLAND CEMENT CO.

Supreme Court of United States.

Decided January 14, 1963.


Attorney(s) appearing for the Case

Solicitor General Cox, Acting Assistant Attorney General Jones, Ralph S. Spritzer and Melva M. Graney for petitioner.

Joseph T. Enright and Norman Elliott for respondent.


PER CURIAM.

The taxpayer respondent during the taxable year 1952 mined limestone from its own quarry, crushed it, transported the crushed product two miles to its plant, and there, through the addition of other materials and further processing, manufactured the limestone into cement which it sold. It paid taxes for the year mentioned, based on a depletion allowance computed in accordance with Treasury Regulations. Thereafter...

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