Legal Opinion
Commissioner v. Hadley
Court of Appeals for the Second Circuit
Decided February 4, 1935No. 161PublishedCited by 4 opinions
1Opinion of the Court
CHASE, Circuit Judge.
The respondent, in April, 1920, owned all of the stock of Storm King Coal Company. He then bought the assets of that corporation at auction for $135,000. He organized /a new corporation at once which was given the name of Storm King Coal Mining Company and transferred to it all of the property he had purchased at auction in exchange for all of its capital stock, 100 shares of $100 per share par value, and its bonds to the face value of $125,000. He sold these securities in December, 1922, to the Raymond Hadley Corporation, and. received its preferred stock having a value…
2Cases cited5 opinions
- FIRST NAT. BANK IN WICHITA v. Commissioner of Int. Rev.Court of Appeals for the Tenth Circuit · 1931
- COMMISSIONER OF INTERNAL REVENUE v. WrightCourt of Appeals for the Seventh Circuit · 1931
- Burns v. Commissioner of Internal RevenueCourt of Appeals for the Fifth Circuit · 1929
- Kistler v. BurnetCourt of Appeals for the D.C. Circuit · 1932
- Hellman v. HelveringCourt of Appeals for the D.C. Circuit · 1934
3Cited by4 opinions
- Interstate Transit Lines v. Commissioner of Int. Rev.Court of Appeals for the Eighth Circuit · 1942
- Leroy Frantz, Jr. And Sheila Frantz v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1986
- Taylor v. MacLaughlinDistrict Court, E.D. Pennsylvania · 1939
- Leroy Frantz, Jr. And Sheila Frantz v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1986