JOHN OWNBEY CO., INC. v. COMMISSIONER

Docket No. 7469-74.

37 T.C.M. 1849 (1978)

T.C. Memo. 1978-482

John Ownbey Company, Inc. v. Commissioner.

United States Tax Court.

Filed November 30, 1978.


Attorney(s) appearing for the Case

W.L. Ambrose, Jr., and Dudley W. Taylor, Valley Fidelity Bank Bldg., Knoxville, Tenn., for the petitioner. William Robert Pope, for the respondent.


Memorandum Findings of Fact and Opinion

WILES, Judge:

Respondent determined that John Ownbey Company, Inc., (hereinafter Ownbey), was liable as a transferee under section 69011 in the amount of $41,046. The sole issue is Ownbey's liability, if any, as a transferee.

Findings of Fact

Some facts were stipulated and are found accordingly.

Ownbey, a Tennessee corporation, maintained its principal office and...

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