Legal Opinion
Southern Pacific Co. v. United States
District Court, S.D. New York
Decided March 13, 1953Published
1Opinion of the Court
IRVING R. KAUFMAN, District Judge.
The facts, as stipulated, are as follows:(1) Pursuant to a Plan , of Reincorporation, the assets of Southern Pacific Company, a Kentucky corporation, were transferred on September 30, 1947, to Southern Pacific Company, a Delaware corporation, in consideration of the assumption by Southern Pacific Company (Delaware) of all the liabilities and obligations of Southern Pacific' Company (Kentucky), and the issuance to Southern Pacific Company (Kentucky) of 3,772,763.0564 shares of the common stock of Southern Pacific Company (Delaware).. (2) That at 10:30 A.M.,…
2Cases cited5 opinions
- Helvering v. WinmillSupreme Court of the United States · 1938
- W. T. Grant Co. v. DugganCourt of Appeals for the Second Circuit · 1938
- Augustus v. Commissioner of Internal RevenueCourt of Appeals for the Sixth Circuit · 1941
- Hopkins v. Commissioner of Internal RevenueCourt of Appeals for the Seventh Circuit · 1934
- W. T. Grant Co. v. DugganDistrict Court, S.D. New York · 1937