Legal Opinion
Cranford v. United States
United States Court of Claims
Decided November 13, 1964No. 290-60PublishedCited by 1 opinion
1Opinion of the CourtJ Ones, Senior Judge
The single question for our determination involves the right of plaintiff to long term capital gain treatment for a sum of $7,500.
Sometime between 1938 and 1939, plaintiff conceived and invented a format or structure for a radio program. This format was based upon a mathematical formula under which a sponsor would be able to give away an unlimited amount of money, on a progressive basis, to contestants in a quiz show. Briefly, the formula allowed a contestant to parlay and progressively double the money he had previously won by giving correct answers to successive questions. Two friends who…
2Cases cited6 opinions
- Corn Products Refining Co. v. CommissionerSupreme Court of the United States · 1956
- Bowen v. Yankee Network, Inc.District Court, D. Massachusetts · 1942
- American Broadcasting Co. v. Wahl Co.Court of Appeals for the Second Circuit · 1941
- Stern v. United StatesDistrict Court, E.D. Louisiana · 1958
- Regenstein v. CommissionerUnited States Tax Court · 1960
1 more not listed; retrieve them via the Exa API.
3Cited by1 opinion
- Bert Crosswhite and Virginia Crosswhite v. The United StatesUnited States Court of Claims · 1966