J. E. Craig Finance Co. v. United States
District Court, W.D. South Carolina
1Opinion of the Court
WYCHE, Chief Judge.
J. E. Craig Finance Company, Inc. of Lancaster, South Carolina, was during the times mentioned herein, and is now engaged in the small loan business. Until about March 1, 1956, it was primarily owned and operated by two elderly gentlemen. About the first of March, 1956, O. S. Porter, Jr., who had previously been a small stockholder in the company, and Allen Sapp undertook to purchase all of the stock of this corporation and engaged immediately in the management and control of the corporation with O. S. Porter, Jr., as secretary and treasurer, and Allen Sapp as president.
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2Cases cited7 opinions
- Botany Worsted Mills v. United StatesSupreme Court of the United States · 1929
- Mayson Mfg. Co. v. Commissioner of Internal RevenueCourt of Appeals for the Sixth Circuit · 1949
- Wright-Bernet v. Commissioner of Internal RevenueCourt of Appeals for the Sixth Circuit · 1949
- Loesch & Green Const. Co. v. Commissioner of Internal RevenueCourt of Appeals for the Sixth Circuit · 1954
- Brown Printing Company v. Commissioner of Internal RevenueCourt of Appeals for the Fifth Circuit · 1958
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3Cited by1 opinion
- Tulia Feedlot, Inc. v. United StatesCourt of Appeals for the Fifth Circuit · 1975